Word: frat
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Characterizing the crowd at Dinosaur Jr.'s show is a bit problematic: on one hand, the girl selling CDs at the back of the room had the requisite face piercings and don't-mess-with-me attitude; on the other hand, the mosh pit was full of drunken frat-boy types in Abercrombie cords and button-down shirts. Although periodic stage-rushes interrupted the general quietude, the scrunchie-clad and turtlenecked coeds who surfed the crowd looked like something out of 90210-goes-to-Seattle. It was puzzling, to say the least...
...still figures it to be a good transaction. Salomon, with clients from Boston to Bangkok and offices in 23 countries, has earned a solid reputation for its prowess in international finance. The 87-year-old firm also has a reputation as Wall Street's version of a frat-jock house. Its swaggering, foul-mouthed and lavishly rewarded traders epitomized the masters-of-the-universe Wall Street culture of the 1980s. That swagger was staggered by a government bond-trading scandal in 1991 from which the firm never really recovered. Needing to broaden its portfolio beyond bonds to stay competitive, Salomon...
...consistent refusal to crack down on problems that are frat related," Banard said...
...Frat Consequences
...There are the negatives of the frat, like drinking, and there are the positives of the frat which are the close relationships that those guys have," Campbell said...