[gaius]

these so called "the most professional in business" were really "mom and pop" type amateurs. So which one is it?

Even today, there are an awful lot of fund managers and traders who got their jobs because they showed up to the interview wearing the "right" tie, i.e. through the Old Boys network.

Goldman Sachs, despite what it might look like from the outside, isn't really a part of this network. They started out as scrappy Jews competing with old-money white-shoe WASPs, they were the outsiders that everyone looked down on once. It's baked into their corporate DNA that these guys are prey.