More on the story of Wall Street excesses


I wrote earlier about journalist Kevin Roose’s infiltration of a party thrown by Wall Street bigwigs belonging to a secretive group known as Kappa Beta Phi, where they had a bizarre initiation rite for new inductees where they schmoozed and spent most of their time making fun of all the people who have been adversely affected by their excesses.

Roose appeared on The Daily Show to talk about that and his exploration of how the financial world has lost some of its luster and appeal to some young people though none of its money-grubbing meanness.

(These clips aired on February 27, 2014. To get suggestions on how to view clips of The Daily Show and The Colbert Report outside the US, please see this earlier post. If the videos autoplay, please see here for a diagnosis and possible solutions.)

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