Voices
Last weekend, at the behest of my finance professor, I went on the Business School’s annual New York trip. A friend of mine was also going on the trip, so I figured I’d at least be able to hang out with him for a few days in New York City and check out the New York Stock Exchange and a few banks. The first Wall Street firm we visited began by serving our group a continental breakfast and talking to us about the financial services industry, new developments at the company, and a bit about their recruiting process. Then we got to speak to some employees. I was chatting up one of their bond traders, and after a few minutes I learned that he worked on a desk that traded mortgage-backed securities—the financial instruments that blew a hole in the economy.
By
George D'Angelo
April 22, 2010