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 go back and forth ebook ever written concerning the makes use of of cash and the attitudes of the wheelers and purchasers within the overseas industry. Douglas Kennedy spent a yr loitering with reason 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 on account that 1948. From the 'New Age' urban folks in London, uncertain no matter if greed relatively is nice for you, to the tireless toilers of Wall road, Knnedy's encounters with money-makers all over the world make for a thrilling and quirkily unique trip during the glossy money nexus.
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They had embraced the responsible adult world, and now exuded sense and sensibility. And it made me wonder: in America, does the getting of serious money signal the end of one’s innocence? Does it turn you into a grown-up? Could this process of upper-middle-class maturation best be described by paraphrasing Corinthians: When I was a child, I spake as a child, I understood as a child, I thought as a child: but when I became a man I started earning in the mid-six figures, and I put away childish things.
Alexandra Shulman and the late Michael VerMeulen allowed me to audition two sections of this manuscript before they appeared between hard covers. Michael – a great editor and friend – also read much of this manuscript as it was being written. He cheered me up with far too many bottles of wine whenever I had a bad stretch at the desk. More tellingly, his astute critical eye helped me ‘cut the crap’, as he put it in his best Chicago accent. His sudden death in August of 1995 remains, for me, one of the saddest benchmarks of the past decade.
Only outside of the office,’ he said. ’ We studied our menus. Fried fish, steak, chops, roasts – the usual stodgy club food. Around us was a landscape of pinstripes and horn-rimmed spectacles and polished black brogues: Wall Street at lunch. ’ Bob asked. ‘Yeah, they’re still holding out on the Upper West Side. How about you? ’ ‘Up until Lois came along, Betty and I had an apartment on Lexington and 74th. But once we became parents, living in the city didn’t seem viable anymore. ’ Bob turned his attention back to the menu.