We Kid The Floor Traders

Posted by Bess Levin, Jul 17, 2007, 3:33pm

SHOEshine.bmpWe haven’t yet read Confession$ of a Wall Street Shoeshine Boy, the latest piece of Wall Street “fact-based fiction” from Doug Stumpf, but since we’ve always wanted to know what 3 pounds of partially digested lasagna looks like, we’ll have to get on that (narrator Shoeshine Boy Gil apparently “sees into traders souls”). Michael Wolff calls the book “extraordinary” and we’re inclined to believe him, but one of these lines from today’s CNBC interview with Wolff and Stumpf, re: floor traders seems…off:

“Trading floor culture is the wildest thing in America.”

“Testosterone-driven pressure cooker”

“Such great frat boy humor”

“So uninhibited”

“A lot of them [floor traders] are reading the book right now.”

Bonfire of the Wingtips [CNBC]

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Comments

Posted by Art Cashen, Jul 17, 2007 3:57PM

It's true, we are all reading that book down here. Seeing as we have no orders and have been made obsolete by technology, we have plenty of time!

Posted by MG, Jul 17, 2007 4:22PM

Floor traders? Read? Wait, is this a picture book?

Posted by Mike, Jul 17, 2007 4:22PM

Are the shoeshine "boys" actually "boys"? When I was working on the street the shoe shine boy was middle-aged man of hard to nail down foreign extraction. I felt dirty knowing that while he was shining my shoes I was making more money in that five minutes than he made all day, probably all week.

Posted by lancey, Jul 17, 2007 5:14PM

well mike, if you ever spoke with him as any decent person would ,, you would find out he is from brasil and that that loser in the office next to you makes more than you

Posted by MG, Jul 17, 2007 5:26PM

Lancey is right. He is from Brasil. If he's not I think you are violating some international law. Oh, and you should be talking to him about soccer.

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