Maybe not sounding so crazy anymore?

And the one way this thing can apparently be saved (think ‘e’).

The Alpha-males running America are textbook examples of the Oedipus complex in action. Men? No, inside they’re still little boys who secretly want to win mommy’s favor by knocking off big daddy. Basic psychology, except they’re overdosing the real world with too much edgy testosterone … aggressive, arrogant, narcissistic … bullies on the playground overcompensating for an inferiority complex … they love games, fights, contests, winning, deals, risks, wars, anything to prove they’re king-of-the-hill … like owning truckloads of money, enough for several lifetimes … think Liar’s Poker, they play for bragging rights, to tell “the guys” how they beat “the other guys” on the playing field … but psychologically they really are just little boys in big-boy costumes playing “grown-up” … especially the new breed of Wall Street traders gambling in history’s greatest casino, the $700 trillion global shadow banking system for derivatives…America is a nation ruled by Alpha-males with a death wish, yet blind to their fatal self-destructive flaw.

Can we dodge our fate? Redirect the “guy thing?” America is ruled by high-testosterone Marsian, Alpha-male little boys motivated by a killer instinct and an Oedipus complex, trapped in a myopic left-brain culture. The only way to avoid America’s fate would be a shocking paradigm shift creating a new consciousness that thrusts more right-brain thinkers — more women — into leadership roles. But will it happen in time? Long odds.

Women Can Save Wall Street From The End [MarketWtch]

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Comments (94)

  1. Posted by Anonymous | July 27, 2010 at 11:14 AM

    makes financial mkts and their participants sound WAY more interesting than they actually are
    Reality Check Guy

  2. Posted by Anonymous | July 27, 2010 at 11:15 AM

    ….and another slow day at Dealbreaker Towers

  3. Posted by Anonymous | July 27, 2010 at 11:18 AM

    Someone needs to ice this bro.

  4. Posted by Anonymous | July 27, 2010 at 11:19 AM

    I don’t see how this story is relevant to what time everyone will be showing up to Minetta’s and what they’ll be wearing.

  5. Posted by Anonymous | July 27, 2010 at 11:19 AM

    Women : Finance = Clubbing Baby seals : PETA

  6. Posted by Anonymous | July 27, 2010 at 11:20 AM

    Spoken like a total loser

  7. Posted by Anonymous | July 27, 2010 at 11:23 AM

    So finance should be controlled by individuals who PMS on a regular basis…I guess VIX would increase during a certain period of the month.

  8. Posted by Anonymous | July 27, 2010 at 11:24 AM

    Fucking your own mother is the new killin’ it

  9. Posted by Anonymous | July 27, 2010 at 11:25 AM

    I’ll be at Minetta’s around 1pm. Black hair, 5’11″, wearing pants and a shirt. Feel free to kick me in the balls, so I know its you.

  10. Posted by Bess Levin | July 27, 2010 at 11:25 AM

    @2 I wish we could take credit for it being only a slow day at the DBT’s but alas– and I’m not sure how you couldn’t have known this, since you seem to be pretty up on shit– the end of July/August is historically A TIME OF SLOW/NO NEWS. On the bright side it seems to coincide with a slowdown in your work schedule, hence the time to leave not one but two comment on this post including (!) one pointing out that which is obvious to most people and not just geniuses like yourself.

  11. Posted by Anonymous | July 27, 2010 at 11:26 AM

    This article lays out some great points, maybe the BSDs at UBS should get rid of the current help and start recruiting from some less traditional applicant pools, such as local culinary hotspots with the freshest ingredients this side of Manhattan.

  12. Posted by Anonymous | July 27, 2010 at 11:29 AM

    wating for the soviet russia comment…
    that guy makes my day

  13. Posted by Sax Goldman | July 27, 2010 at 11:35 AM

    Can women work on Wall St? Won’t they just bleed all over the financial markets?

  14. Posted by client 9 | July 27, 2010 at 11:37 AM

    anybody who tells you money is the root of all evil, doesn’t f**king have any

  15. Posted by Frank Reynolds | July 27, 2010 at 11:37 AM

    A woman in finance is like a donkey doing calculus

  16. Posted by Anonymous | July 27, 2010 at 11:39 AM

    In Soviet Russia, mommy spanks big daddy

  17. Posted by Tito | July 27, 2010 at 11:42 AM

    Are we supposed to sniff the markers?

  18. Posted by Mr. Market | July 27, 2010 at 11:42 AM

    In Soviet Russia, market PMS’ you

  19. Posted by Anonymous | July 27, 2010 at 11:47 AM

    @10 BL: I for one really appreciate all you do to help me make it through the day. To show how much I appreciate it I’ll be at Minetta’s tonight wearing a bright pink tshirt with the words “I Love Bess Levin, and think she is uber sensy” on it. Please come up to me and punch me in the face (I’m into that kind of thing) and then let me buy you a drink (gimlet? Long Island?) and have a nice chat about quirky British comedy and gossip about Lisa Marie Falcone’s sense of “style.”

  20. Posted by King Capital | July 27, 2010 at 11:48 AM

    the problem with women is you can hire only one, the moment you hire a second they start scratching each others face

  21. Posted by not anal_yst | July 27, 2010 at 11:49 AM

    Feats of gastronomical fortitude would speed the week up.
    -not an anal_yst but certainly tried it

  22. Posted by Anonymous | July 27, 2010 at 11:52 AM

    @19: FYI…..A “gimlet” is also a carpenter’s tool known as a “screw starter”. To wit:

    A gimlet is a hand tool for drilling small holes, mainly in wood, without splitting. It was defined in Joseph Gwilt’s Architecture (1859) as “a piece of steel of a semi-cylindrical form, hollow on one side, having a cross handle at one end and a worm or screw at the other”.[1]
    A gimlet is always a small tool. A similar tool of larger size is called an auger. The cutting action of the gimlet is slightly different from an auger, however, as the end of the screw, and so the initial hole it makes, is smaller; the cutting edges pare away the wood which is moved out by the spiral sides, falling out through the entry hole. This also pulls the gimlet further into the hole as it is turned; unlike a bradawl, pressure is not required once the tip has been drawn in.
    The name “gimlet” comes from the Old French guinbelet, guimbelet, later guibelet, probably a diminutive of the Anglo-French “wimble”, a variation of “guimble”, from the Middle Low German wiemel, cf. the Scandinavian wammie, to bore or twist; the modern French is gibelet. [2]

  23. Posted by Anonymous | July 27, 2010 at 11:52 AM

    So what we really need are more Erin Callans and Zoe Cruz-Sacos, and there won’t be any more crashes?

  24. Posted by HAM05 | July 27, 2010 at 11:53 AM

    God love them, but women in finance – esp in senior roles – really make a case for why the division of labour has successfully existed for thousands of years and really needs to come back in vogue.

  25. Posted by Anonymous | July 27, 2010 at 11:54 AM

    My dream: to piss off Bess to the point of a 100-word pasting. Because some attention is better than no attention!

  26. Posted by Anonymous | July 27, 2010 at 11:54 AM

    @22, Thanks for the update, I never knew that
    -19, aka a guy who knows more about Bess Levin’s drink preferences than he does about carpentry tools and doesn’t think that is something that should prompt him to examine his motives.

  27. Posted by ChicagoChick | July 27, 2010 at 11:55 AM

    Obviously you boys don’t know nothin from nothin (advancing the point) there are now a gagillion ways to avoid goin on the rag more than once a quarter or not at all including shots and pills (and therefore avoiding PM anything. and no, don’t mean tequila shots..of course, that’s only if you don’t smoke, cigs). Back me up Ms Bess

  28. Posted by Baller | July 27, 2010 at 11:57 AM

    I’ve always said it, they should bring some hookers to the office during slow markets. Get trigger happy when I am bored. Probably trying to overcompensate.

  29. Posted by Anonymous | July 27, 2010 at 11:57 AM

    Anal_yst, meet me at Minetta’s. I will be the guying eating something delicious. Take something off my plate so I know its you, and then punch me in the face.

  30. Posted by Anonymous | July 27, 2010 at 12:01 PM

    I have to call bullshit on that whole quote taken from the Marketwatch article because it was originally part of the script assigned to William Shatner as Captain Kirk in episode 22, “Traders of Ballenon Nine” back in 1967.

  31. Posted by Anonymous | July 27, 2010 at 12:04 PM

    Oedipal accusations aside, was any of that suppose to be an insult?

    “too much edgy testosterone … aggressive, arrogant, narcissistic … bullies on the playground overcompensating for an inferiority complex … they love games, fights, contests, winning, deals, risks, wars, anything to prove they’re king-of-the-hill … like owning truckloads of money, enough for several lifetimes … think Liar’s Poker, they play for bragging rights, to tell “the guys” how they beat “the other guys” on the playing field … ”

    I suspect this was meant as an indictment, but it certainly sounds like a compliment…

  32. Posted by Tax.Chick | July 27, 2010 at 12:06 PM

    @27 Wrong. Women still PMS even if they don’t get the MS. That’s how I ended up cornering the cocoa market.

  33. Posted by Anonymous | July 27, 2010 at 12:07 PM

    …but women aren’t as good at math, Larry Summers said so, so how can they work on Wall Street?

  34. Posted by Anonymous | July 27, 2010 at 12:17 PM

    @33

    Is this a trick question? You have to be good at math?

    -Lehman Quant

  35. Posted by Anonymous | July 27, 2010 at 12:19 PM

    someone who bleeds for seven days and does not die makes for a real evil banker – just sayin’

  36. Posted by Anonymous | July 27, 2010 at 12:19 PM

    I generally make my decisions based on which way It moved. Is that wrong?

  37. Posted by Anonymous | July 27, 2010 at 12:19 PM

    @ 33- That doesn’t apply to all women. Those that are good at math, can work on wall st.

    Regarding PMS, men are just as moody.

  38. Posted by Anonymous | July 27, 2010 at 12:24 PM

    Girls in finance usually suk good cok.

  39. Posted by Nomura MD | July 27, 2010 at 12:25 PM

    @33 The Japanese have always allowed women to display their unique strenghts without letting their weaknesses become an obstacle to their development.

    We are hiring. Btw, anybody here knows where to buy nice vase pots around Grand Central?

  40. Posted by Anonymous | July 27, 2010 at 12:30 PM

    fuck bitches make money

  41. Posted by Anonymous | July 27, 2010 at 12:36 PM

    Oedipus Complex >>> Electra Complex

  42. Posted by CoveredLong | July 27, 2010 at 12:44 PM

    @40 – Can you clarify as to whether you mean:

    1) Fuck bitches. Make Money.

    or

    2) Fuck, bitches make money.

    Thanks.

  43. Posted by Anonymous | July 27, 2010 at 12:45 PM

    @37, I’m hungry. Make me a sandwich.

  44. Posted by Anonymous | July 27, 2010 at 12:51 PM

    But at the end of Oedipus rex doesn’t the son gouge out his eyes and kill himself? So… traders should be gouging out their eyes and hanging themselves after receiving their bonuses… and yeah, that doesn’t work. Logic fail.

  45. Posted by guest | July 27, 2010 at 12:53 PM

    Can someone shed some light on the running Minetta’s joke? Maybe there should be a DB glossary so people can get caught up.

    - Guy who needs to get caught up

  46. Posted by Louis Winthorpe III | July 27, 2010 at 12:55 PM

    @38- Be careful not to find a girl in finance that thinks she is somehow “above” doing said deed

  47. Posted by Anonymous | July 27, 2010 at 12:58 PM

    @45 – I’ll explain it to you if you meet me at Minetta’s later. I’ll be the guy sitting in the corner crying to myself. I also look like JD’s umbrella holder. Punch me in the face so I know it’s you.

  48. Posted by Fidelity MD | July 27, 2010 at 12:59 PM

    @42 We’ve been screwing old ladies for generations…

  49. Posted by King Capital | July 27, 2010 at 1:10 PM

    14″ of punishing hard meat in my pants says women can’t

  50. Posted by Anal_yst | July 27, 2010 at 1:12 PM

    So I’m guessing the guy took psych101 but slept through it, at best…

    Also, no secretary/ass posts yet? Sigh…

  51. Posted by NakedShort | July 27, 2010 at 1:15 PM

    @50
    My fucking MD has an ass in her cock over in the conference room, alright? I’m sorry if my thoughts aren’t with the pitch book of the deal we’re presenting tomorrow, OK?

  52. Posted by Anonymous | July 27, 2010 at 1:16 PM

    @50 relevant only if the secretary is also your mother?

  53. Posted by Anonymous | July 27, 2010 at 1:16 PM

    Meet me at Minetta’s, Anal_yst. I will be the guy in the corner pounding his secretary in the ass. Tickle my balls so I know its you and then you can punch my secretary in the face.

  54. Posted by Anonymous | July 27, 2010 at 1:17 PM

    to paraphrase michael lewis, this crisis was the first in which numerous women were in powerful positions… and it was the worst since the great depression. End thought.

    -Guy who likes to end thoughts by saying end thought.

  55. Posted by Anonymous | July 27, 2010 at 1:17 PM

    @ 43- WOuld love to, not.

    -37

  56. Posted by Anonymous | July 27, 2010 at 1:23 PM

    @ 44- Yes, he does.

    I enjoyed your post. Haven’t thought about that book since high school.

  57. Posted by guest | July 27, 2010 at 1:23 PM

    @42/CL I read it as “‘fuck-bitches’ make money,” but maybe that says more about me than it does about 40.

    - not 40

  58. Posted by Louis Winthorpe III | July 27, 2010 at 1:24 PM

    Judging by the complete lack of humor and creativity, @37/55 is a woman, without a doubt.

    Probably a witch as well.

    Also seems like she’s PMSing.

  59. Posted by ExtraordinaryPopularDelusions | July 27, 2010 at 1:25 PM

    STAR AGREES

  60. Posted by Double Standard | July 27, 2010 at 1:26 PM

    Bess, this article is sexist. Women would be just as prone to taking on debt they could only afford to pay back with more debt…man, woman, American, European…if anything, women should be blamed for nursing all greedy individuals for nine months and subsequently becoming unattractive.

  61. Posted by -Jack Meoff | July 27, 2010 at 1:29 PM

    interesting enough the only bank not to fail in Iceland was run by women. they didn’t take on unnecessary risk and lived to tell about.
    the Author has a point

  62. Posted by ChicagoChick | July 27, 2010 at 1:30 PM

    @20 You DO have a point…pus*y dont like pus*y was what one of my FX boys used to say

    @32-never been the case w/depo and a couple brands are supposed to be great that way (but i smoke, cigs too)

  63. Posted by Mr. Market | July 27, 2010 at 1:31 PM

    This entire wall street thing could be solved by Rebellion capital in like, a day. Personality + good looks is what got us into this mess.

  64. Posted by Anonymous | July 27, 2010 at 1:34 PM

    @51, Are you in Soviet Russia? Because in Soviet Russia Ass pounds Cock. Also pounding your aritificial intelligence in the ass is the new pounding your secretary in the ass i.e. the new killing it.

  65. Posted by Anonymous | July 27, 2010 at 1:34 PM

    I have a belly button

  66. Posted by Anonymous | July 27, 2010 at 1:42 PM

    So… you’re saying we need women to run our computers?
    -Rebellion Research Director

  67. Posted by Anonymous | July 27, 2010 at 1:43 PM

    There is no more Soviet Russia. Its just Russia. Way to flunk out of 7th grade world history, idiots.

  68. Posted by NakedShort | July 27, 2010 at 1:45 PM

    @64 rent Boogie Nights, pretty please.

  69. Posted by Anonymous | July 27, 2010 at 1:45 PM

    In Soviet Russia, world history flunks you

  70. Posted by Tito | July 27, 2010 at 1:54 PM

    @67 pms today?

  71. Posted by Anonymous | July 27, 2010 at 1:57 PM

    @68, haven’t seen it in a while, and I hate missing inside jokes so I’m netflixing it right now. @67, see 69. On a totally unrelated note where has the joke briefer gone? Comments such as 67 make me yearn for his insightful dissection and analysis of various Dealbreaker gags.
    -64

  72. Posted by Anonymous | July 27, 2010 at 2:03 PM

    @67

    At the peak of Smirnoff’s celebrity in the mid-1980s, he did not say “Soviet Russia” — he said simply “Russia”, as the Russian Soviet Federative Socialist Republic had existed since 1917, still existed, and showed no signs of imminent collapse. Smirnoff may have added the Soviet qualifier after the fall of the USSR to specify that he was referring to the communist regime and not the present state, although the phrase “Soviet Russia” has seen occasional use in the West since the beginning of the Soviet Union.

  73. Posted by Anal_yst | July 27, 2010 at 2:16 PM
  74. Posted by Anal_yst | July 27, 2010 at 2:17 PM
  75. Posted by Anonymous | July 27, 2010 at 2:33 PM

    CFA > Men > Women > MBA

  76. Posted by Anonymous | July 27, 2010 at 2:35 PM

    @67 – You must work for UBS, only they are this stupid.

    -Primerica ProQuant

  77. Posted by EvilBuzzard | July 27, 2010 at 2:39 PM

    “smug doesn’t balance a spreadsheet”

  78. Posted by Anonymous | July 27, 2010 at 2:40 PM

    Hey you guys stop ganging up on comment number 67, STAR was actually able to get on the interwebz all by itself and post a comment without the usual “Sccrrt zoop deeet *%*&^” problems, be supportive you big meanies.
    -Rebellion Research

  79. Posted by Anonymous | July 27, 2010 at 2:42 PM

    @ 58- Yes, I’m female. A witch, depends who you ask. And no I don’t suffer from PMS.

    37/55

  80. Posted by ChicagoChick | July 27, 2010 at 2:46 PM

    anyone here an alpha male? Liar? Poker? just wonderin

  81. Posted by Anonymous | July 27, 2010 at 3:07 PM

    @79,55,37

    Shut your pie hole. I’m still hungry, where’s the sandwich?

    -43

  82. Posted by Anonymous | July 27, 2010 at 3:16 PM

    A woman in finance is like a guy with a chode making a porn flick. Just doesn’t rub the right way.

  83. Posted by Anonymous | July 27, 2010 at 3:20 PM

    That article… is so. Poorly (written). Jesus… christ.

  84. Posted by PermaGuest | July 27, 2010 at 3:53 PM

    @61 So we need to hire more Icelandic chicks in finance? I’m down with that.

    -Guy who sees nothing wrong with increasing the number of Nordic blondes in NYC

  85. Posted by Anonymous | July 27, 2010 at 4:49 PM

    @79 Hot flashes ?

  86. Posted by Anonymous | July 27, 2010 at 5:37 PM

    @ 20, 62
    Every female I ever worked with under a fem manager complained she talked to/treated the men different from the women.

    - Guy who likes to state the obvious

  87. Posted by Anonymous | July 28, 2010 at 1:08 AM

    woman in finance/ wall street are no better then the men n if u think otherwise ur a fool who has never been part of that game

  88. Posted by Anonymous | July 28, 2010 at 10:09 AM

    @87 – HAHAHAHAHAHAHA FTW

  89. Posted by R.D. | July 28, 2010 at 11:10 AM

    BESS L seeks out those type of men

    for great articles and sleep in breakfasts

    in bed. ;)

  90. Posted by Anonymous | July 28, 2010 at 12:58 PM

    a women smart/testosterone filled enough to work/be successful on wall st would has figured out she should just marry a wall streeter, steal all their money and have some fun on the side. who wouldnt.

  91. Posted by TGFBV | July 28, 2010 at 4:54 PM

    Bess: What IS your drink of choice?

    Hoping for bourbon rocks, guessing gimlet. Not a high-conviction pick though.

  92. Posted by hot banker chick | July 30, 2010 at 4:45 PM

    you dont need to be that good at math to work on wall st. come on guys – thats not a rocket science job. and women are even better than men, because they are flexible – a quality that is essential on wall str, and something that men lack. they are egos are simply too big.

    women may not be as good at bonding with everyone, but once 2 women bond, the relationship is more powerful than that between men

  93. Posted by Anonymous | August 1, 2010 at 10:33 PM

    @92

    Us guys are loners, we do not truly “bond” with more than 1-3 friends in our lifetime, including wife. Day to day we can get along, go out, and joke with everyone in our vicinity and not hold obsessive grudges (read: are flexible) – unlike women. Perhaps you are misreading things or I am falling for a troll post.

  94. Posted by Anonymous | August 3, 2010 at 2:21 PM

    in a particular, tundra-infested region of the world at a particular time in history, women bond you

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