Brandon Sheppard
Z23077608
Dec. 2, 2010
Inga Chira FIN 3403 2010
Liar’s Poker by Michael Lewis Being a bond trader sounds like a good idea, using someone else’s money to make money. Working on Wall Street would be cool but I don’t think I would like to live in New York plus its cold there. A Bond trader has to have a unique characteristic about them. First, they have to have Masters in Business Administration or mathematics. This would be the first qualification to the job. According the website “ehow”, being a bond trader today is different from the days when traders had a "feel for the market." Today's traders have advanced degrees, use sophisticated modeling techniques, have great drive and can multitask to provide the company and customers with efficient decision making. Getting a job is a function of your academic success, your personality and your ability to ask impressive credentials. This aspect of the job seems to be the most challenging part of the job. If I have the skills and requirement I do think I would become a bond trader on Wall Street, and will do this because we know this is how the Government injects money into the economy.
The aspect of the job that I found most unbelievable was the fact is that company didn’t talk money in the hiring process. If that was me I don’t think I would have finish the hiring process . I would have told them also you can take this job and shove it up their rears you know. Another, I didn’t believe is the part when he was in the training class, I know in a corporate world no matter what you always keep it professional. I don’t think adults acted like in the training class. I do believe the older employees would scare the new guys. Almost like a hazing process. Didn’t know that they use that much curse words on the trading floor. The good aspect that I like about the job was it was a departments and a good