Wall Street

Paper Summary:

This paper discusses the cultural aspects of Wall Street, America's financial backbone and therefore its most powerful political and sociological force. The paper presents a background history of the famous street. The paper examines Wall Street as a subculture that is elitist and almost resembles a secret society. The paper contends that Wall Street not only wields power surreptitiously, from behind the closed doors of office buildings, it also controls some of the American media.

From the Paper:

"Compared to what it looks like and implies today, Wall Street had relatively humble beginnings. Its towering skyscrapers and art Deco architecture, its digital tickers and wireless waves resemble little the original New Amsterdam road. Named after an actual mud-and timber wall built by original Dutch inhabitants of Manhattan Island, Wall Street has morphed beyond its geographic location, and has come to symbolize American corporate culture in general. Films like Oliver Stone's Wall Street promote its image as a bastion of greed and financial prowess, of investment genius and corporate corruption. Wall Street therefore signifies more than just the New York Stock Exchange that started there over two hundred years ago. In fact, most major New York-based investment firms no longer maintain headquarters on Wall Street. In spite of its many transformations, Wall Street retains an aura of mystique and intrigue that is unrivaled by any other financial district in the world. "

More papers on Wall Street:

• Term Paper # 130185 : "Wall Street Culture of Risk"
• Article Review # 133465 : "Wall Street Journal Articles"
• Article Review # 73105 : "Wall Street Journal"
• Book Review # 94582 : "'Greed and Glory on Wall Street'"

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