By Douglas Kennedy
'How we chase Mammon defines us. simply because, love it or now not, we're what we earn,' CHASING MAMMON is the 1st commute ebook ever written concerning the makes use of of cash and the attitudes of the wheelers and purchasers within the foreign market. Douglas Kennedy spent a yr loitering with purpose in six very disparate monetary geographical regions, together with the Casablanca bourse (where shares and bonds are indexed on a blackboard), the squeaky-clean Singapore funds markets, the Sydney futures industry and the 1st Hungarian inventory trade to open because 1948. From the 'New Age' urban people in London, uncertain no matter if greed fairly is nice for you, to the tireless toilers of Wall highway, Knnedy's encounters with money-makers around the world make for a thrilling and quirkily unique trip throughout the smooth money nexus.
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Extra info for Chasing Mammon
Greed – according to the boom logic of the eighties – begot ‘creative thinking’. It was a force for change. And it rewarded us with … things. Things. What sort of things? Designer accommodation, designer clothes, designer wheels? Is that what all that cardiac-inducing behaviour on the floor of an exchange was for? Perhaps. But as a City stockbroker friend once told me (after imbibing nearly half a bottle of Highland malt): ‘I spent years wanting a company Jaguar, and fretting about the fact that my employers kept giving me a Golf GTi.
For someone trying to assume the identity of a Manhattan sophisticate, his choice of clothes was decidedly homespun. But there was something oddly affecting about his lack of stylishness, and the way it negated his attempts at urbanity. It suggested yet again that Toby was trying to straddle several worlds at once; that contradiction was his natural habitat. ‘Funny running into you at Ben’s party,’ Toby said after Calvin had gone off in search of our wood-cured chardonnay. ’ ‘London’s very okay.
This is a game in which a pair of old friends pick through the debris of other acquaintances’ lives, and thus avoid having to talk immediately about their own circumstances. It also gives the participants the chance to weigh up their successes and failures in the light of the perceived successes and failures of people they knew in that insouciant period before they had to earn a living. Toby and I turned out to be exceedingly adroit players of the game. Especially since we both silently understood that the basic point of the exercise was to remind ourselves of the way undergraduate promise and ambition are tempered or mutated by the realities of adult life.
Chasing Mammon by Douglas Kennedy