The novel Liars Poker by Michael Lewis is very interesting firsthand account of an inside look into the investment banking world, in particular bond trading at the firm Solomon Brothers in the 1980s. Lewis took an interesting and roundabout way to end up on Wall Street, studying art history at Yale and bombing his interview with Lehman Brothers but he eventually found himself at Solomon Brothers through a lucky encounter with two managing directors wives. Through his book Michael Lewis conveys the inner workings of investment banks in the 1980s to the average person using his own experience at Solomon Brothers. The book goes into Lewis’s own rise in the firm as well as the rise and fall of the entire Solomon Brothers Mortgage department. A major theme in the novel is exposing Wall Streets greed and brutality. The Story begins with Solomon Brothers chairman John Gutfreund challenging board member John Meriwether to a game of Liars Poker, a card game, with one million dollars at stake. Meriwether raises his bet to ten million, setting the scene for the brutish and greed filled novel. Once at Solomon, Lewis is first placed in the training program on the forty-first floor. The training program, as well as the rest of the floor, is mostly comprised of white men in perpetual competition with each other. In the front row of the program are the attentive, nerdier trainees while the back row is described as rowdy and mischievous. The forty first floor was ruled by “The Law of the Jungle” where the traders beat down on the trainees, the back row trainees always stirred up trouble and the only focus was money. Good, bad or evil didn’t matter as long as it made the firm, and the traders, rich. The trading floor at Solomon Brot... ... middle of paper ... ...asy scapegoat because nobody ever knew what the Arabs were doing with their money, which made the explanation hard to prove for or against. In reality, these steep market fluctuations weren’t the cause of mysterious money moving in the Middle East but only a scapegoat as the Wall Street bankers often had no idea what moved the markets. I found the book a very interesting account of life on Wall Street especially because I hope to go into Investment Banking and my dad worked on Wall Street as well. While many of the themes expose the negatives of Wall Street, Lewis narrated from a more neutral point of view, leaving the reader to come to conclusions themselves. Even after reading Liars Poker and learning some of the negatives of Wall Street a career the still business seems very interesting but I believe the book was helpful to know what I would be getting into.
“The Lesson” and “Horatio Alger” illustrate that success is not as easy as the myth claims it to be, but rather challenging. Dalton believes that race is such a key factor that it is affecting the system because it is looked down upon. It is dangerous because some people do not like the fact that they have opportunities. “Horatio Alger”, for example, shows that the path of success is easy for anyone to grasp and fails to unveil the real struggles that is being encountered which Dalton is trying to state because, he says, “Black folk certainly know what it is like to be favored, disfavored, scrutinized, and ignored all on the basis of our race. Sometimes we are judged on a different scale altogether” (273). Dalton is trying to state that black people know what it’s like to be judged and because of this it creates a road block because African Americans believe that they need to be treated differently and they cannot be as great as us. In addition, race has become a huge problem that people tend to cause huge tensions and the way “Horatio Alger’s” essay states that everyone is equal would not be true. On the other hand, Sylvia seems to be under the paradox that Dalton has stated about race. Sylvia throughout the story goes on a field trip to a toy store where she sees items that cost a lot of money from the glass window, but when she enters the store an
Hunting big game animals for sport was a popular pastime with the wealthy classes following World War I. The morality of killing for sport was not questioned in reality, but in this short story the author does question it by taking it a step further and having the protagonist, Sangor Rainsford, hunted by the antagonist, General Zaroff.In a short story full of irony, one of the greatest ironies of Richard Connell’s “The Most Dangerous Game” is that General Zaroff repeatedly tells Rainsford that he maintains a sense of civilization on his island.
Perhaps no other event in modern history has left us so perplexed and dumbfounded than the atrocities committed by Nazi Germany, an entire population was simply robbed of their existence. In “Our Secret,” Susan Griffin tries to explain what could possibly lead an individual to execute such inhumane acts to a large group of people. She delves into Heinrich Himmler’s life and investigates all the events leading up to him joining the Nazi party. In“Panopticism,” Michel Foucault argues that modern society has been shaped by disciplinary mechanisms deriving from the plague as well as Jeremy Bentham’s Panopticon, a structure with a tower in the middle meant for surveillance. Susan Griffin tries to explain what happened in Germany through Himmler’s childhood while Foucault better explains these events by describing how society as a whole operates.
In "Our Secret" by Susan Griffin, the essay uses fragments throughout the essay to symbolize all the topics and people that are involved. The fragments in the essay tie together insides and outsides, human nature, everything affected by past, secrets, cause and effect, and development with the content. These subjects and the fragments are also similar with her life stories and her interviewees that all go together. The author also uses her own memories mixed in with what she heard from the interviewees. Her recollection of her memory is not fully told, but with missing parts and added feelings. Her interviewee's words are told to her and brought to the paper with added information. She tells throughout the book about these recollections.
As the sweltering, hot sun signified the start of a scorching afternoon, a young boy lay in the fields harvesting vegetables for another family. He had been enslaved to perform chores around the house for the family, and was only given very few privileges. While his stomach throbbed with pangs of hunger, he continued cooking meals for them. After the family indulged in the cozy heat from the fireplace, he was the one to clean the ashes. Despite his whole body feeling sore from all the rigorous work he completed, the young boy had been left alone to suffer. As months passed by, he desired independence. He wanted to cook his own food, make his own fire, harvest his own plants and earn money. The lad soon discovered that he needed faith and courage to break away from his restricted environment. When put in a suppressive situation, every person has the aspiration to escape the injustice. This is what Harrison Bergeron and Sanger Rainsford do to liberate themselves from the external forces that govern their lives. Harrison, the main character of “Harrison Bergeron” written by Kurt Vonnegut, is a strong, fourteen year old boy whose talents have been concealed by the government. Growing up in an environment where equality has restricted people’s thinking, Harrison endeavors to change society’s views. Rainsford, the main character of “The Most Dangerous Game” written by Richard Connell, is a skilled hunter who believes that animals were made to be hunted; he has no sympathy for them. Stranded on island with a killer chasing him, he learns to make rational choices. While both Harrison and Ranisford are courageous characters, Rainsford’s prudence enables him to overpower his enemy, whereas Harrison’s impulsive nature results in him being ...
In Karen Hos’ Liquidated, she aims to study the relationships between corporate America and the worlds greatest financial center. . . Wall Street. She puts all her three years of research in her ethnography and thus the very first page of chapter one, we can already understand Hos’ determination to understand what Wall Street is all about. The first main theme explained is the relations in Wall Street that are based on a culture of domination of staff members, their irresponsibility dealing with corporate America, and constant changes that occur during this process. Another major theme we see in her ethnography is that Wall Street, first used for the communities wellbeing, is now profit oriented.
Sally Satel, author of “Addiction Doesn’t Discriminate? Wrong,” leads us down a harrowing path of the causes and effects that lead people to addiction. It can be a choice, possibly subconscious, or a condition that leads a person left fighting a lifelong battle they did not intend to sign up for. Mental and emotional health/conditions, personality traits, attitudes, values, behaviors, choices, and perceived rewards are just a few of the supposed causes of becoming an addict.
Who do you think of when you hear Wall Street? Does one think of a random stockbroker or the infamous Jordan Belfort? Ultimately, one thinks of Belfort and his notorious crimes on Wall Street. Jordan Belfort has had a major impact on today's society because he changed the way we see Wall Street, showed how easy it is to go from the top to the bottom, and showed how a successful life isn't always perfect.
With few outlets to succeed in America at the time, African Americans put forth extra effort to succeed when they were given a chance. Often times, this set black men at odds with each other, as they fought to get ahead in a white-dominated society. In “Battle Royal”, this type of dog-eat-dog behavior is duly noted in the actual fight scene. From the moment the narrator steps into the elevator with his classmates, he “felt superior to them in [his] way” (200), and yet he also felt intimidated by their overwhelming fierceness. The only hint of unity that the reader can sense is when all the boys are thrown together, feeling awkward and uncomfortable at the site of the naked white girl in front of them. This distorted sense of unity ends as they are blindfolded and thrown into the ring together. This immediately draws a parallel to society in general, as black men were thrown out into the world, competing against each other to see who would succeed. Likewise, the boys immediately turn on each other, as “everybody fought everybody else. No group fought together for long” (203). Though it is their white oppressors that serve as a catalyst fo...
He portrays the racist tendency of people to assume black men are potentially violent and dangerous. He describes about a white woman’s reaction when she and him were walking on same street but on the opposite sides during the night. He says that women seemed to be worried, she felt uneasy and she thought that he was ‘menacingly close’. He even shares his experience on how he was taken as a burglar, mistaken as a killer and forced out of a jewelers store while doing assignment for a local paper. The reason behind being kicked out of the jeweler store and women running away was because he was a black man. During that period black men were stereotyped as rapist, murderer, and gang members. These names upon a person’s personality can hinder ones feelings and can also affect ones confidence level. Thus stereotyping can cause a person to miss opportunities and the person might face difficulties in building relationships with specific types of people. (Brent
In more depth, the novel’s title symbolizes the competitive and cutthroat nature of capitalism. In the case of the novel, Packingtown is like a jungle, where the strong prey on the weak and all living things are forced to engage in a brutal fight for survival. By relating the story of a family of honest, hardworking immigrants who are destroyed by corruption and evil and can only survive in this way, Sinclair implies
Melville intends something less black and white with more gray shading. Melville uses dramatic irony and grim humor in “Bartleby, the Scrivener: A Story of Wall Street. This is to show the reader how the Lawyer assumes he is a safe, successful and powerful man with extensive control in his polite society until he hires a man named Bartleby. This relationship is slowly revealed to be quite a conundrum for the Lawyer and the reader. Melville shows how the Lawyer never had any power or control over Bartleby but quite the opposite; Bartleby held all the power and control in this relationship. I will explore the important of the power struggle and the fight to maintain control between the Lawyer and Bartleby.
In the biography, The Blind Side, by Michael Lewis, the reader learns about the life of Michael Oher, a seventeen year old homeless boy in Memphis, Tennessee. The story begins with a football play from the early eighties about a quarterback whose football career ended when the left tackle on the team failed to protect his blind side. It then transitions into the life of Michael Oher: living on the street alone. His mother has a crack addiction and his father was not in the picture (and sadly passed away during the middle of the book.) Michael didn’t have any family left in his life. A parent of one of his friends, Big Tony, one day decided to try and get the kids enrolled in Briarcrest Christian Academy, mainly for the amazing sports opportunities that could pop up for, not only his son, but also Michael, who was over six
Coming from Bank of America, Schwall saw first hand (especially after the 2008 crisis) how corrupt Wall Street was “with no corporate loyalty to employers” and “a lot of unspoken animosity” (92). Schwall shared Brad’s angry at the rigged markets as he said: “as soon as you realize that you are not able to execute your orders because someone else is able to identify what you are trying to do and race ahead of you, it’s over” (95). He continued by stating that “people set out this way to make money from everyone else’s retirement account” that in turn hurt honest people like his parents (95). Schwall’s dedication to “figuring out who was doing the screwing” of the market is why he is revered along with the other characters as a moral fighter against unfair
The "Wall Street"(1987) profoundly reveals the hidden rules of the financial realm. It won several awards of Oscar. So many people who work on Wall Street are gained a lot of enlightenment from this amazing movie. Now "Wall Street 2" comes back. The Director still Oliver Stone, the difference is this movie links to the financial crisis of 2008. Just as the dominoes falling. Some people gained, but more people down with drain, even the live.