WALL STREET’S LAST GREAT PARTY BOY THE DYING ART OF WINING AND DINING ON WALL STREET
It’s Friday evening and one of the last great partiers on Wall Street has plans to stay in. The 47-year-old sales trader sits on a black Fendi Casa sofa while playing Grand Theft Auto on his Xbox. He’s waiting for the Chinese food delivery guy in his 2,500-square-foot apartment he bought nearly a decade ago. After dinner, he plans to smoke weed, watch something on Netflix, and be in bed by midnight. For Brad (not his real name), staying in on the weekends is part of his business strategy. He says it’s to recharge – to unwind, if you will. During the week, he’s out on the town entertaining clients. This week, he was out on four of five weeknights. He said that two of the nights were tame by Wall Street folklore standards – he was home by 1 a.m. They were the typical hug-and-tug business dinners followed by some minor-league gallivanting. By his estimation, each night resulted in 100,000 shares of business at $0.02 each – a $2,000 commission. Not bad for a night’s work. The other two evenings he ended up “playing through”... which means he never went to sleep before going straight to work. The first of the two nights, he ended up at a roving strip club with two hedge fund traders and a pocket full of blow. Brad had received a text message in advance with the address of the secret location of the
By Turney Duff
18 | July 2017
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