As I mentioned in a previous post, I am reading William Cohan’s book on Goldman Sachs and I stumbled across the story of Josh Birnbaum,
one of the quants on the mortgage desk who set up the “Big Short" and eventually
got hauled before Congress for his troubles. Though far from an exemplary figure, keep
in mind that even the protagonists of picaresque can teach us something. Birnbaum
had traded stocks since childhood and by the time he got into business school
he was obviously willing to kill to get an internship in Wall Street. Devoid of
contacts, he resorted to creativity: