Barclays, the British banking giant, is simultaneously boosting bonuses and laying off 12,000 employees. If you’re struggling to understand the logic behind the move, you might want to pick up a copy of New York magazine reporter Kevin Roose’s new book, Young Money. A chronicle of the experiences of eight twentysomethings who began their careers on Wall Street in the wake of the 2008 financial crisis, Roose’s book (due out next week from Grand Central Publishing) offers some timely insights for those trying to follow the fortunes of the big investment banking franchises themselves.
‘Young Money’: How Wall Street Turns Its Pups into Wolves
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