What Wall Street is reading this Summer

Not in the book

Ah, summer. A time when Wall Street unbuttons its shirt, kicks off its shoes and heads for the Hamptons. So what books are they stuffing in their weekend bags? We checked in with traders, bankers, analysts and hedge funders. Here were some of the best answers: Read Full Article

Casual Friday… Don’t make that mistake…

Casual Friday is supposed to be fun and relaxed in the white-collared world. But on Wall Street, there are unwritten rules that must be followed or else… It’s not like wearing a pair of jean shorts could cost you a $500,000 bonus — well, actually, maybe it could. Casual Friday is not your friend. What … Read more

Wall Street + Hamptons =

In the Hamptons, Wall Street loves to spend their money. And if Memorial Day weekend is any indication, it’s going to be raining Benjamins all summer long. This past weekend, Range Rovers were everywhere … gourmet market Citarella and Starbucks (new in Southampton) were in FULL swing … Ostentation was percolating, but not boiling yet … Read more

The Escort Indicator: Wall Street is Booming Again…

When speaking about escorts, Charlie Sheen once said, “I don’t pay them for sex, I pay them to leave.” And, like Sheen, a lot of Wall Street guys don’t need to pay for sex either, but they’d rather. “When I’m looking for a wife, I don’t call an escort; so, when I’m looking for sex, … Read more

Snitch… or Go to Prison?

I know guys on their way to prison, currently in prison, out of prison and a lot who never got caught. Four years ago, my former boss, Raj Rajaratnam, received 11 years, which, at the time, was the longest sentence ever handed down for violating insider-trading laws. But the people serving the longest sentences are … Read more

Think White Collar Prison is Club Fed? It’s not…

“I don’t want to go to jail,” is a statement often heard on a trading desk. Sometimes it’s said jokingly, but other times it has more merit. The fear of doing hard time bounces from the conscious to the subconscious for an aggressive trader. It never goes away. And who wants to go to prison? … Read more

8 Things I’m Getting Too Old to Tolerate

As parents we try to teach our children tolerance. We want them to grow up to be respectful and kind to others. It makes sense. And one of the best ways to do that is to “show,” not “tell,” our children how to act. But now that I’m in my 40s—45½ on April 3, to … Read more

9 Things We Won’t Tell Mom

It’s girls’ night out, or maybe mom is working late. Whatever the case may be, the kids know that tonight will be a little different: Daddy is on duty. The thought conjures up images of a father pacing back and forth in the kitchen, flour spread out all over the floor—oh, and the children’s faces … Read more