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Hedged Out: Inequality and Insecurity on Wall Street

Posted By: arundhati
Hedged Out: Inequality and Insecurity on Wall Street

Megan Tobias Neely, "Hedged Out: Inequality and Insecurity on Wall Street"
English | ISBN: 0520307704 | 2022 | 336 pages | AZW3 | 2 MB

A former hedge fund worker takes an ethnographic approach to Wall Street to expose who wins, who loses, and why inequality endures.

Who do you think of when you imagine a hedge fund manager? A greedy fraudster, a visionary entrepreneur, a wolf of Wall Street? These tropes capture the public imagination of a successful hedge fund manager. But behind the designer suits, helicopter commutes, and illicit pursuits are the everyday stories of people who work in the hedge fund industry—many of whom don’t realize they fall within the 1 percent that drives the divide between the richest and the rest. With Hedged Out, sociologist and former hedge fund analyst Megan Tobias Neely gives readers an outsider’s insider perspective on Wall Street and its enduring culture of inequality.

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