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10 outrageous stories of Wall Street Excess

On Wall Street we sometimes used the phrase “f– you money.” (I think we stole that term from the hip-hop community.) It’s money spent that is financially offensive to others while perpetuating and maintaining an obscene lifestyle. And while I’m not proud of it I was totally guilty of being that guy…

One of the most outrageous things I ever did was to make it rain at Madison Square Garden.

Back in my hedge-fund-trader days, I was invited to Morgan Stanley‘s luxury box for a Knick’s game. The skybox is nice, but after your fifth visit, you realize it’s just a wet bar with B-minus chicken fingers and some free Budweiser. So to entertain myself, I invited my cousin Ethan and Johnny Hong Kong, a professional drifter/filmmaker to come with me. I told Morgan Stanley I was bringing two interns. We got there just before tipoff.

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