With Malin Akerman and Paul Giamatti in the lead, not to mention the great actor Damian Lewis, I must start following the TV series "Billions" that apparently is the first one that gets Wall Street completely right according to trader James Altucher, who knows this place inside out.
Wall Street starts at Broadway and continues down to Water Street. Along the way, it gets crooked. Right around Broad Street it starts to curve. If you are standing at one end of Wall Street and try to look at the other end, you won’t see it. Because it's crooked
I lived on the street. And I worked on the street.
People walk back and forth daydreaming about getting rich. Others are crying because they couldn't make it. And if you can't make it there, as the song sort of goes, you can't make it anywhere.
Which is really true. Because "there" is where the money is. And people get desperate around money. So desperate they will do anything to get it.
At one point I invested in a dozen hedge funds. Eleven of them ended up being caught doing illegal activity. A few people are in jail.
Every night I was scared because I started to see what was going on until eventually I shut the whole thing down.
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Billions, the new show on Showtime is the first show that accurately describes what is going on on this tiny street.