Hedged out: inequality and insecurity on Wall Street
"Who do you think of when you imagine a hedge fund manager? A greedy fraudster, a visionary entrepreneur, a wolf of Wall Street? These tropes capture the public imagination of a successful hedge fund manager. But behind the designer suits, helicopter commutes, and illicit pursuits are the every...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Oakland, California
University of California Press
[2022]
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| Schlagworte: | |
| Zusammenfassung: | "Who do you think of when you imagine a hedge fund manager? A greedy fraudster, a visionary entrepreneur, a wolf of Wall Street? These tropes capture the public imagination of a successful hedge fund manager. But behind the designer suits, helicopter commutes, and illicit pursuits are the everyday stories of people who work in the hedge fund industry--many of whom don't realize they fall within the '1 percent' that drives the divide between the richest and the rest. With Hedged Out, sociologist and former hedge fund analyst Megan Tobias Neely gives readers an outsider's insider perspective on Wall Street and its enduring culture of inequality. Hedged Out dives into the upper echelons of Wall Street, where elite White masculinity is the standard measure for the capacity to manage risk and insecurity. Facing an unpredictable and risky stock market, hedge fund workers protect their interests by working long hours and building tight-knit networks with people who look and behave like them. Using ethnographic vignettes and her own industry experience, Neely showcases the voices of managers and other workers to illustrate how this industry of politically mobilized elites excludes people on the basis of race, class, and gender. Neely shows how this system of elite power and privilege not only sustains itself but builds over time as the beneficiaries concentrate their resources. Hedged Out explains why the hedge fund industry generates extreme wealth, why mostly White men benefit, and why reforming Wall Street will create a more equal society"-- |
| Beschreibung: | xix, 316 Seiten 23 cm |
| ISBN: | 9780520307704 |
Internformat
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| 505 | 8 | |a Preface -- Introduction : hedging in and out -- From financial steward to flash boy -- Pathways to the working rich -- Getting the job -- Inside the firm -- Moving up the ranks -- Reaching the top -- View from the top -- Conclusion : picking winners and losers -- Methodological appendix : studying up | |
| 520 | 3 | |a "Who do you think of when you imagine a hedge fund manager? A greedy fraudster, a visionary entrepreneur, a wolf of Wall Street? These tropes capture the public imagination of a successful hedge fund manager. But behind the designer suits, helicopter commutes, and illicit pursuits are the everyday stories of people who work in the hedge fund industry--many of whom don't realize they fall within the '1 percent' that drives the divide between the richest and the rest. With Hedged Out, sociologist and former hedge fund analyst Megan Tobias Neely gives readers an outsider's insider perspective on Wall Street and its enduring culture of inequality. Hedged Out dives into the upper echelons of Wall Street, where elite White masculinity is the standard measure for the capacity to manage risk and insecurity. Facing an unpredictable and risky stock market, hedge fund workers protect their interests by working long hours and building tight-knit networks with people who look and behave like them. Using ethnographic vignettes and her own industry experience, Neely showcases the voices of managers and other workers to illustrate how this industry of politically mobilized elites excludes people on the basis of race, class, and gender. Neely shows how this system of elite power and privilege not only sustains itself but builds over time as the beneficiaries concentrate their resources. Hedged Out explains why the hedge fund industry generates extreme wealth, why mostly White men benefit, and why reforming Wall Street will create a more equal society"-- | |
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| 776 | 0 | 8 | |i Online version |a Neely, Megan Tobias |t Hedged out |d Oakland, California : University of California Press, [2022] |z 978-0-520-97380-0 |
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Datensatz im Suchindex
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| author | Neely, Megan Tobias 1984- |
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| contents | Preface -- Introduction : hedging in and out -- From financial steward to flash boy -- Pathways to the working rich -- Getting the job -- Inside the firm -- Moving up the ranks -- Reaching the top -- View from the top -- Conclusion : picking winners and losers -- Methodological appendix : studying up |
| ctrlnum | (OCoLC)1243350287 (DE-599)BVBBV047683609 |
| dewey-full | 332.620973 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
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| dewey-search | 332.620973 |
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| dewey-tens | 330 - Economics |
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| discipline_str_mv | Wirtschaftswissenschaften |
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| spelling | Neely, Megan Tobias 1984- Verfasser (DE-588)1213377277 aut Hedged out inequality and insecurity on Wall Street Megan Tobias Neely Oakland, California University of California Press [2022] xix, 316 Seiten 23 cm txt rdacontent n rdamedia nc rdacarrier Preface -- Introduction : hedging in and out -- From financial steward to flash boy -- Pathways to the working rich -- Getting the job -- Inside the firm -- Moving up the ranks -- Reaching the top -- View from the top -- Conclusion : picking winners and losers -- Methodological appendix : studying up "Who do you think of when you imagine a hedge fund manager? A greedy fraudster, a visionary entrepreneur, a wolf of Wall Street? These tropes capture the public imagination of a successful hedge fund manager. But behind the designer suits, helicopter commutes, and illicit pursuits are the everyday stories of people who work in the hedge fund industry--many of whom don't realize they fall within the '1 percent' that drives the divide between the richest and the rest. With Hedged Out, sociologist and former hedge fund analyst Megan Tobias Neely gives readers an outsider's insider perspective on Wall Street and its enduring culture of inequality. Hedged Out dives into the upper echelons of Wall Street, where elite White masculinity is the standard measure for the capacity to manage risk and insecurity. Facing an unpredictable and risky stock market, hedge fund workers protect their interests by working long hours and building tight-knit networks with people who look and behave like them. Using ethnographic vignettes and her own industry experience, Neely showcases the voices of managers and other workers to illustrate how this industry of politically mobilized elites excludes people on the basis of race, class, and gender. Neely shows how this system of elite power and privilege not only sustains itself but builds over time as the beneficiaries concentrate their resources. Hedged Out explains why the hedge fund industry generates extreme wealth, why mostly White men benefit, and why reforming Wall Street will create a more equal society"-- Ungerechtigkeit (DE-588)4061729-4 gnd rswk-swf Hedge Fund (DE-588)4444016-9 gnd rswk-swf Fondsmanager (DE-588)7666984-1 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf Investment advisors / United States / Social conditions Securities industry / Social aspects / United States Hedge funds / United States Equality / Economic aspects / United States BUSINESS & ECONOMICS / Finance Equality / Economic aspects Hedge funds United States USA (DE-588)4078704-7 g Hedge Fund (DE-588)4444016-9 s Fondsmanager (DE-588)7666984-1 s Ungerechtigkeit (DE-588)4061729-4 s DE-604 Online version Neely, Megan Tobias Hedged out Oakland, California : University of California Press, [2022] 978-0-520-97380-0 |
| spellingShingle | Neely, Megan Tobias 1984- Hedged out inequality and insecurity on Wall Street Preface -- Introduction : hedging in and out -- From financial steward to flash boy -- Pathways to the working rich -- Getting the job -- Inside the firm -- Moving up the ranks -- Reaching the top -- View from the top -- Conclusion : picking winners and losers -- Methodological appendix : studying up Ungerechtigkeit (DE-588)4061729-4 gnd Hedge Fund (DE-588)4444016-9 gnd Fondsmanager (DE-588)7666984-1 gnd |
| subject_GND | (DE-588)4061729-4 (DE-588)4444016-9 (DE-588)7666984-1 (DE-588)4078704-7 |
| title | Hedged out inequality and insecurity on Wall Street |
| title_auth | Hedged out inequality and insecurity on Wall Street |
| title_exact_search | Hedged out inequality and insecurity on Wall Street |
| title_exact_search_txtP | Hedged out inequality and insecurity on Wall Street |
| title_full | Hedged out inequality and insecurity on Wall Street Megan Tobias Neely |
| title_fullStr | Hedged out inequality and insecurity on Wall Street Megan Tobias Neely |
| title_full_unstemmed | Hedged out inequality and insecurity on Wall Street Megan Tobias Neely |
| title_short | Hedged out |
| title_sort | hedged out inequality and insecurity on wall street |
| title_sub | inequality and insecurity on Wall Street |
| topic | Ungerechtigkeit (DE-588)4061729-4 gnd Hedge Fund (DE-588)4444016-9 gnd Fondsmanager (DE-588)7666984-1 gnd |
| topic_facet | Ungerechtigkeit Hedge Fund Fondsmanager USA |
| work_keys_str_mv | AT neelymegantobias hedgedoutinequalityandinsecurityonwallstreet |