[Doches]

I love Matt Levine's take on this:

> From my time in investment banking I can easily believe that most investment banking transactions occur because investment bankers are pretending to do what investment bankers do, acting out scenes from “Liar’s Poker” until they start to seem real. I don’t know why investment banking would be different from any other industry. So sure, yeah, work is a kind of pretense.

[lonelappde]

What did bankers do before Liars Poker? If Liars poker didn't reflect reality, why did he write it?

[Psyladine]

Liars Poker reflected a sudden and gross change in the industry due to hyper-success. They went from boring mortgage firms to the richest organizations in human history within a decade, and it distorted thinking and emotional responses, as lottery winnings are wont to.