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AS EXEMPLIFIED BY THIS OWN
PARTY.
>> EXACTLY.
I HEARD ABOUT THIS PARTY WHICH
HAPPENED IN JANUARY 2012 AND I
THOUGHT, WELL, I HAVE TO GO SEE
THIS.
I WAS WRITING A BOOK ON YOUNG
WALL STREET BANKERS AT THE TIME
AND WANTED TO SEE WHAT HAPPENS
TO THESE PEOPLE WHEN THEY GROW
UP AND MAKE IT.
THIS GROUP, CAPPA BETA HAS SOME
OF THE MOST SUCCESSFUL PEOPLE IN
IT AND I RENTED A TUCXEDO AND I
WALKED IN AND NOBODY STOPPED ME
AT THE DOOR AND SOON I WAS IN
THIS EVENT THAT IN 80 YEARS NO
ONE HAS EVER SEEN FROM OUTSIDE.
>> THIS IS A ROAST ATMOSPHERE,
RIGHT?
I MEAN, WHAT IS A ROAST WITHOUT
SOME CUTTING ZINGERS HERE AND
THERE.
>> THE PEOPLE THEY ARE ROASTING
ARE NOT ONLY THEIR PRIVATE
INDUSTRY BUT PEOPLE LIKE HILLARY
CLINTON, BARNEY FRANK, PEOPLE
LIKE THE OCCUPY WALL STREET
MOVEMENT.
YOU HAVE TO REMEMBER, THIS WAS
TAKING PLACE IN JANUARY 2012,
JUST A COUPLE OF MONTHS AFTER
THE OCCUPY WALL STREET MOVEMENT
HAD SORT OF RISEN UP IN
RESISTANCE TO THE ACTIVITIES OF
THE FINANCIAL TITAN.
IT'S ALMOST COMICALLY TONE DEAF
THAT YOU WOULD HAVE THE TITANS
OF INDUSTRY PUTTING ON GAGS AND
MOCKING PEOPLE IN THEIR GROUP.
IT WAS LIKE "THE WOLF OF WALL
STREET" ON STEROIDS.
>> EXACTLY.
IF THIS WERE A NOVEL AND THAT
WAS A SCENE IN THE NOVEL, PEOPLE
WOULD BE LIKE, KEVIN --
>> GOT TO CUT IT.
I WAS THERE AND I WAS SITTING AT
A TABLE AND THERE WAS A GOING
ALONG SWIMMINGLY UNTIL I GOT
OUTED AS A REPORTER AND THEN
PANDEMONIUM BROKE OUT.
>> THIS BRINGS ME TO THE
SUBJECTS OF YOUR BOOK "YOUNG
MONEY," 22, 23, 24-YEAR-OLD
KIDS.
ARE THEY A DIFFERENT BREED THAN
WHO YOU OBSERVED AT THIS PARTY?
>> THEY ARE.
I FOLLOWED THESE GUYS AROUND FOR
THREE YEARS.
THEY ARE JUNIOR ANALYSTS,
JPMORGAN, ALL OF THE BIG BANKS
AND THEY DO HAVE MORAL
COMPASSES.
PART OF WHAT I WANTED TO KNOW IS
DO THOSE GO AWAY AS YOU GO ALONG
ON WALL STREET.
AND IF THIS THING STILL EXISTS
IN 20 OR 30 YEARS AND IT'S STILL
GOING STRONG, THEN MAYBE WALL
STREET HASN'T CHANGED AT ALL
SINCE THE CRASH.
BUT I THINK AND I HOPE THAT
TODAY'S YOUNG BANKERS, AT LEAST
THE ONES THAT I FOLLOWED, WILL
KEEP MORE OF A SORT OF ETHICAL
CENTER.