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ext_13337 (
fidelioscabinet.livejournal.com
) wrote
in
nancylebov
2009-03-17 12:51 pm (UTC)
no subject
Here's
Odean's home page, which has a link to that article (in .pdf format), along with quite a few others on investors and their behavior.
I suspect the divisions of banks and investment firms that went completely wild and dragged the rest of the company down with them were either all-male or mostly so, and that the hyper-masculinized culture Lewis mentions in that
Vanity Fair
article, and in places like his book
Liar's Poker
, was the dominant environment. If you look at many of the great financial disasters of teh past, it's interesting to see how many were the result of a man or men who were, it appears, trying not just to make a lot of money, but to impress others somehow--Nick Leeson of Barings Bank infamy comes to mind. (Wikipedia has a category on financial scandals--most of the articles look to be well-documented, so that might be worth a look, if you want a tour of Great Financial Calamities.) The March issue of
Vanity Fair
also has a good piece on Bernard Madoff--they've been doing some good coverage of the various aspects of all this; the march and February issues have had good pieces as well, which are available online through the Archives link on the magazine's homepage.
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no subject
I suspect the divisions of banks and investment firms that went completely wild and dragged the rest of the company down with them were either all-male or mostly so, and that the hyper-masculinized culture Lewis mentions in that Vanity Fair article, and in places like his book Liar's Poker, was the dominant environment. If you look at many of the great financial disasters of teh past, it's interesting to see how many were the result of a man or men who were, it appears, trying not just to make a lot of money, but to impress others somehow--Nick Leeson of Barings Bank infamy comes to mind. (Wikipedia has a category on financial scandals--most of the articles look to be well-documented, so that might be worth a look, if you want a tour of Great Financial Calamities.) The March issue of Vanity Fair also has a good piece on Bernard Madoff--they've been doing some good coverage of the various aspects of all this; the march and February issues have had good pieces as well, which are available online through the Archives link on the magazine's homepage.