Tales of Wall Street bankers behaving badly are not necessarily new, but the pervasiveness of the depravity remains shocking, said John LeFevre, author of ‘Straight to Hell’. ‘I worked with buy side and sell side clients and I did deals with every bank on Wall Street and what I witnessed was a culture of pervasive deviance and I would say it applied across the board,’ said LeFevre. ‘Just to give you an example, I don’t think there is a single hedge fund sales guy in Asia who has not traded drugs and/or women for business with his clients.’ LeFevre recounts his own over-indulgences as a bond salesman on Wall Street in ‘Straight to Hell’ complete with sordid tales of cocaine binges and unscrupulous sexual escapades. He later rose to fame as the mystery operator of the widely followed @GSElevator Twitter account. LeFevre started on Wall Street by joining the Salomon Brothers unit of Citigroup out of college and worked in New York, London and Hong Kong. He was hired by Goldman Sachs to lead their debt syndicate desk in Asia, but did not take the position due to a contract dispute. He has since settled down into a tranquil, domestic life in Houston, Texas, yet he said the Wall Street he left behind remains ‘very much a locker room.’
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