Hedged Out

Hedged Out
Author :
Publisher : Univ of California Press
Total Pages : 337
Release :
ISBN-10 : 9780520973800
ISBN-13 : 0520973801
Rating : 4/5 (00 Downloads)

Book Synopsis Hedged Out by : Megan Tobias Neely

Download or read book Hedged Out written by Megan Tobias Neely and published by Univ of California Press. This book was released on 2022-01-25 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: A former hedge fund worker takes an ethnographic approach to Wall Street to expose who wins, who loses, and why inequality endures. 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.


Hedged Out Related Books

Hedged Out
Language: en
Pages: 337
Authors: Megan Tobias Neely
Categories: Business & Economics
Type: BOOK - Published: 2022-01-25 - Publisher: Univ of California Press

DOWNLOAD EBOOK

A former hedge fund worker takes an ethnographic approach to Wall Street to expose who wins, who loses, and why inequality endures. Who do you think of when you
Income Inequality and the Fight Over Wealth Distribution
Language: en
Pages: 32
Authors: Elliott Smith
Categories: Juvenile Nonfiction
Type: BOOK - Published: 2022-01-01 - Publisher: Lerner Publications TM

DOWNLOAD EBOOK

Audisee® eBooks with Audio combine professional narration and sentence highlighting for an engaging read aloud experience! In America, the amount of money peop
Paradigms
Language: en
Pages: 244
Authors: Joel A. Barker
Categories: Business & Economics
Type: BOOK - Published: 1993-05-26 - Publisher: Harper Collins

DOWNLOAD EBOOK

How would like to spot future trends before the competition? We all know the rules for success in our business or professions, yet we also know that these rules
The Power of Diversity and Its Connection with Wealth
Language: en
Pages: 43
Authors: Fitch Artworks
Categories: Investments
Type: BOOK - Published: 2008-01-01 - Publisher:

DOWNLOAD EBOOK

A collection of paintings representing the risk and rewards of investment diversification as a means of creating individual wealth.
Strategic Diversity Leadership
Language: en
Pages: 310
Authors: Damon A. Williams
Categories: Education
Type: BOOK - Published: 2023-07-03 - Publisher: Taylor & Francis

DOWNLOAD EBOOK

In today’s world – whether viewed through a lens of educational attainment, economic development, global competitiveness, leadership capacity, or social jus