LIQUIDATED AN ETHNOGRAPHY OF WALL STREET PDF

Liquidated has ratings and 43 reviews. BlackOxford said: Against ExcellenceIf you want to understand the source and the consequences of the rhetori. Book Reviews Liquidated: An Ethnography of Wall Street. Karen Ho. Durham, NC : Duke University Press, pp. $, paper. Karen Ho is a member of. In Liquidated: An Ethnography of Wall Street, Karen Ho introduces us to the culture of smartness on Wall Street—its perpetuation, its sustainability.

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Liquidated: An Ethnography of Wall Street by Karen Ho

The idea that these bankers actually live or claim to live by the tenants of short-term free market capitalism, may well influence how they work with liquidxted clients, structure their deals, and thus influence the broader economy.

Important for anyone interested in life on wall street and the financial industry in general. I totally skimmed this book as any good grad student does, but I would still recommend this book. Excellence is malleable and can readily find new ambitions with their own rewards. The author delved not only into the workings and psychological underpinnings of the Street’s denizens but also the origins of more meta perspectives and historiographies of overarching tropes such as shareholder value.

How It Works and For Whom. Anthropology Goes to Wall Street. By connecting the values and actions of investment bankers to the construction of markets and the restructuring of U. Their mission is the creation of shareholder value, but Ho demonstrates that their practices and assumptions often produce crises instead. They think or are convinced that by all this buying and selling awll trading, they are making the economy more efficient by punishing corporations that are inefficient and delivering more “shareholder value.

They are paid handsomely, with the understanding that they may be let go at liqukdated time. By connecting the values and actions of investment bankers to the construction of markets and the restructuring of U.

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An interesting read on the culture of investment bank s,ers,ing and how the narrow field of backgrounds and ideologies feeds a stret of behaviors seen alternately as being right or being the only possible actions. Their workplace culture and networks of privilege create the perception that job insecurity builds character, and employee liquidity results in smart, efficient business.

Pitluck, Work, Employment ethnograhpy Society. One is industry recruitment practice. Nov 25, Ellen Silverman rated it it was amazing. The language is a bit stilted, but once you get used to it, she has a number of insights.

Liquidated: An Ethnography of Wall Street

Through an in-depth investigation into the everyday experiences and ideologies of Wall Street investment bankers, Ho describes how a financially dominant but highly unstable market system is understood, justified, and produced through the restructuring of corporations and the larger economy.

What matters is doing the deals. As field-sites go, Wall Street is not classic anthropological territory: Yet for all the value these people think they are adding to the economy, it seems to liquidaetd they are not only parasites, but they are also destroying the good old-fashioned values of loyalty and the idea that there are other things in life besides money and the tyranny of the market. Ho herself was fired while working for Bankers Trust.

Against Excellence If you want to understand the source and the consequences of the rhetoric of modern finance, this is your book. An Ethnography of Wall Street.

Karen Ho – professor of anthropology and one time Wall St insider – has produced a landmark text that slices financial capitalism into slivers of contradiction, self-deception and hubris. Exploitation Empowerment and the Politics of Hard Work. Morgan, Morgan Stanley, Merrill Lynch, Chase Manhattan, and Banker’s Trust and their part in restructuring corporate America provide empirical grist for her analytical mill.

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Financial collapses—whether of the junk liquidatef market, the Internet bubble, or the highly leveraged housing market—are often explained as the inevitable result of market cycles: A skilled editor could have cut half the book and made it a much more effective popular book.

Islamic Mortgages in the United States. A valuable addition to the annals of ethnographic research and highly recommended.

Liquidated | Duke University Press

After hearing her speak at the U of M and engaging in discussion with her, I Although I enjoyed reading this ethnography, I was a bit skeptical of Ho’s theories due to her limited time working for Wall Street, the lack of clarity regarding her personal aspirations and reactions to being downsized, her seemingly small informant pool comprised mainly of friends or classmates who were also fairly new to Wall Street, and her lack of hard numbers to back up theories of recruitment and discrimination.

Demystifies Wall Street by reading it from a point of view that is so refreshingly human. The prima An interesting read on the culture of investment bank s,ers,ing and how the narrow field of backgrounds and ideologies feeds a cycle of behaviors seen alternately as being right or being the only possible actions.

There are no discussion topics on this book yet. With LiquidatedKaren Ho takes us into the workaday world of investment banking before the crisis, showing us the roots of the risk-taking that drew lavish compensation packages and brought the world financial system to the brink of collapse.

It is also very repetitive and marred at times by anthro-speak. The book is not for the timid and takes a while to get going, but I am glad I read it.

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