DrD

How Wall Street Died

In Uncategorized on September 7, 2010 at 12:23 pm

http://www.zerohedge.com/article/elites-have-lost-right-rule

The Elites Have Lost The Right to Rule

Submitted by Tyler Durden on 08/27/2010 12:25 -0500

Let me take you back to the fall of 1999.  I was a senior in college without a clue what I wanted to do with my life.  Wall Street was in a boom and seemed exciting.  I had always loved the financial markets since I had first discovered them years earlier; however, I wasn’t convinced this was the profession I wanted.  I had majored in Economics at school for practical purposes but I found almost all of the courses to be extraordinarily uninspiring with the exception of a few like Corporate Finance and the Economic History of China.  It was the general micro and macro economics courses that I found the most painful to sit through.  I wasn’t alone in this assessment.  Many of my close friends were Economics majors as well and we all felt the same way (I later found out this was because we were being indoctrinated in voodoo Keynesian economics) .  So even with the Economics degree I wasn’t sure that I wanted to pursue a career in finance given the fact that I found myself more interested in subjects such as English , History and Philosophy.  Nevertheless, the firms were hiring, I had the degree and it would allow me to move back to New York City without living at home.

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