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DAMN, IT FEELS GOOD TO BE A BANKER
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Ask any banker under 30 (and quite a few on the other side) to name the source of the quote above, and the recognition would be instantaneous: Leveraged Sell-Out! This popular blog, which receives 200,000 page-views a month, has set The Street abuzz with its no-holds-barred, decidedly un-PC skewering of the habits, rituals, and lifestyles of the young and overpaid.
Covering everything from the basics of the industry (top: private equity/hedge funds; bottom: consultants) to the institutions themselves ("Fundsunder $500 million are little more than glorified piggy banks") and even bankers' music ("John Mayer is the greatest guitarist ever"), Damn, It FeelsGood to Be a Banker is required reading for an entire generation of bankers as well as their beleaguered friends and family members who seek to understand the madness.
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