Monday, September 29, 2008

Stupid Greenwich, too

From a New York Times Op-ed piece: So where does this leave the Masters of the Universe? In Greenwich, Conn., mainly. The hottest, brightest, most ambitious young men began abandoning investment banking in favor of hedge funds six years ago. [...] Greenwich is the center of the Masters’ hedge-fund world, replacing Wall Street. For five years, the heart of Wall Street, the fabled Floor of the New York Stock Exchange, has been gradually emptying out.

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