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Monkey Business: Swinging Through the Wall Street Jungle
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Monkey Business: Swinging Through the Wall Street Jungle

3.87  ·  Rating Details  ·  2,964 Ratings  ·  101 Reviews
They Hit "The Street." Forget what you've read, forget what you've heard, forget what you've been taught. Monkey Business pulls off Wall Street's suspenders and gives the reader the inside skinny on real life at an investment bank, where the promised land is always one more twenty-hour workday and another lap dance away. "The Street" Hit Back. Fresh out of Wharton and Harv ...more
Paperback, 288 pages
Published April 1st 2001 by Grand Central Publishing (first published 2000)
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(showing 1-30 of 3,000)
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Kunal
May 28, 2013 Kunal rated it really liked it
This is an incredible book written by 2 Associates who used to work at DLJ back in the day and is the most accurate book I have ever come across for anyone to get a full understanding of what the life of an investment banker consists of. This is one of those books I wish I would have read in college as would have made me even that more excited about what the life was like, but after a few years in the industry, reading it now really allowed me to appreciate everything these guys went through and ...more
Chocoholic Chick
Sep 03, 2010 Chocoholic Chick rated it it was amazing
This is an absolutely honest and hilarious look into the lives of Associates in i-banking. I read it while I was an analyst and couldn't stop laughing (poop does roll downhill, trust me). This book is filled with true Wall Street war stories and I highly recommend to anyone who wants a glimpse of that world. If you lived it like I did, you are probably already trying to figure out how to monetize your own experiences :-P
Remo
May 02, 2012 Remo rated it really liked it
De un tiempo a esta parte me ha dado por los libros de inversiones, bancos y delitos monetarios en general. Quizá sea porque una vez yo estuve a punto de entrar en el negocio de las opciones y futuros, aunque finalmente me quedé como estoy, pobre pero haciendo física.
Este libro narra la historia de dos junior associate bankers (= esclavos) de la empresa DLJ (Donaldson, Lufkin & Jenrette). Cuando salieron de su MBA en Stanford (¡cuidado, Raquel!) y fueron contratados por una de los mejores ba
...more
Michael
Aug 10, 2011 Michael rated it it was amazing
This is an entertaining look into the life of post-mba investment banking associates. this book will discourage most people that value some sort of social life from attempting to enter this field despite the outrageous salary packages. I was pretty amused at some of the bawdy aspects of these bankers lives and how they attempt to cope with the long hours (such as trips to strip clubs in the middle of the night). it definitely has demystified and exposed a field which is often painted as glamorou ...more
Denisa
Jun 07, 2013 Denisa rated it liked it
Mediocre writing but catchy at times. Definitely should be taken with a grain of salt. It's not that I believe that the stories are grossly inflated, it's that I'd like to believe that there is some goodness in this world and maybe some of that goodness is found among some investment bankers. Otherwise, the read will be thoroughly illuminating and make you realize how terribly bloated, inefficient, and unjustified the whole investment banking domain is.
Chas Ely
Jan 03, 2015 Chas Ely rated it really liked it
Monkey Business was an entertaining yet informative read that shed light on a lot of the cultural problems and nuances in the investment banking industry. At times it was slower and dryer than others, and there were some sections that were more informative than a narrative (since I personally want to have a career in finance these sections were useful and intriguing to me, but to those who are just wanting to hear the cool stories and commentary on the investment banking lifestyle these will pro ...more
Jack Chai
Aug 17, 2015 Jack Chai rated it it was amazing
I feel lucky when I get this book and read it in a week. All the humiliating and entertaining give me first a laughter and second a deeper thought of what the IB lifestyle would be. What the two authors John and Peter imagined when they got into the DLJ before were quite the same for most college students. From fantasy, a bit of Utopia to depression and frustration, even being crushed and dazed when faced the truth.

What really gives me a shock is how working in the IB inevitably changed their w
...more
Golding
Jan 08, 2016 Golding rated it liked it
Monkey business is literally the authors' experiences in banking from start to finish. It is a very honest book (be prepared for the one of the final chapters) but I feel like it could have been longer and have dived into why they chose the fields they left banking for. It is very confusing to me that the author's both felt somewhat embarrassed at the time about leaving the banking world (i.e. that they weren't cut out for it) however they both achieved what most people in banking would consider ...more
Evangeline
Sep 14, 2014 Evangeline rated it really liked it
This was a really entertaining and insightful look into the world of investment banking. Peter Troobe and John Rolfe, graduates of Harvard and Wharton business schools, dish the dirt on their jobs as associates at Donaldson, Lufkin & Jenrette, a former Wall Street giant that was later acquired. Monkey Business traces their journey from bright-eyed students dreaming of prestige and big bucks to their eventual disillusioned exit. As associates, their job consists of churning out desired valuat ...more
Kathy Pham
Sep 13, 2007 Kathy Pham rated it liked it
Recommends it for: anyone who wants to get a peak at the world of investment banking
I started reading this book because I was seeing a finance guy at the time, not quite the typical i-banker but stil had no life working for Citigroup. I subsequently was relieved it didn't work out...not sure I ever really want to be involved with an i-banker after reading this...
Matthew Glazer
Jun 06, 2013 Matthew Glazer rated it it was amazing
Shelves: business, non-fiction
Really good read. A bit a crude at times but very interesting to get an inside perspective of banking when you're lowest on the totem pole. It was unfortunate that they didn't talk much about WHAT they did, but the culture was interesting.
Denis Plotnikov
Dec 19, 2015 Denis Plotnikov rated it it was amazing
“Coming today, Merrill Lynch in Room 1, Booze Allen in Room 2, and Johnson & Johnson in Room 3.”
Subliminally, what was being said was, “Those interested in the big money will head directly to rooms 1 and 2, and anybody with a yen to learn how to market rubber nipples and non–petroleum-based sexual lubricants will kindly report to room 3.”

If you found the citation funny, read the book. This is the funniest work I have ever read. Monkey Business is a rebuttal to corporations with their sugar-c
...more
Dmitry Kuriakov
Dec 05, 2015 Dmitry Kuriakov rated it it was amazing
Одна из лучших книг жанра – «моя жизнь в компании N» – прочитанных мною за последнее время. Я не могу оценить правдивость книги, т.к. никоим образом не касался никогда темы инвестиционного банкинга и слышал о компаниях Merrill Lynch, Goldman Sachs и пр. только из газеты «Ведомости», но, не смотря на это, авторам удалось написать ясную, понятную и с отменным юмором книгу, для всех кто любит подобный жанр.
Суть книги проста: есть работа, которая приносит очень много денег, но часто это работа, на
...more
Marissa
Apr 14, 2011 Marissa rated it liked it
Shelves: non-fiction
This review has been hidden because it contains spoilers. To view it, click here.
Elena
Okay, so super breezy read, nothing heart-stoppingly revelatory here except for... investment banking is boring! They are middle men who prep binders for investors, and they stay up all night doing it, and get paid ridiculous amounts of money. Its a totally easy book, sort of shows that the associates and analysts who make the wheels turn at these ridiculously giant organizations are overworked, undersexed, overpaid, and unhappy, but still feisty and tenacious. Easy.
Tim
Feb 15, 2016 Tim rated it it was ok
This review has been hidden because it contains spoilers. To view it, click here.
Sergiu
Feb 27, 2015 Sergiu rated it it was amazing
Very entertaining and humorous, but at the same time very insightful on how investment banking works from a bird's eye view. I do acknowledge that 80% of the book was satire and should not be taken seriously. Yet, probably this is the kind of mindset and approach one has to have when starting to work on Wall Street - don't take anything too seriously... at the end of the day it's all a game of money exchanging hands.
Pat
Nov 09, 2014 Pat rated it liked it
Shelves: non-fiction
About Wall St. investment bankers as they start out. Future holds a lot of $ if they can work 100 hours a week, constant work, do demeaning tasks. Mainly send docs to word processors, gather changes from bosses, review again, go to printer, make sure there are no mistakes.
No personal life.
Heavy drinking, sex clubs, expense accounts.
Zack recommended.
The 2 authors finally quit and found other Wall St. jobs.
Sujata Sahni
If stupidity got us into this mess, then why can't it get us out? Will Rogers

The pretty pickle in Wall Street impacting the global economies screaming Mea Culpa at the doorstep of the government and tax payers based on age old stand by's of greed and fear. The book is written by John Rolfe and Peter Troob who worked at Donaldson, Rufkin and Jenrette.
Agharza
Nov 28, 2013 Agharza rated it it was amazing
In their book J.Rolfe and P.Troob described how being an investment banker sucks, all despite huge paychecks and bonuses. The story is definitely a stretch. Almost any job can be described as a terrible and miserable one, the way they did in "Monkey Business". Plus, it won't quite suit your desire if you want to get a comprehensive outlook on the investment banking business, as the book is a bit outdated; events date back to times when pager companies were still on the rise and relatively little ...more
Tirath
Sep 24, 2014 Tirath rated it did not like it
I got this book because a friend was raving about it.
Alas. It is an entertaining story about what the investment banking really is (or was - this was written in 1999 or 2000) but it reads like a stupid story book.
I couldn't read beyond the first 30 pages, but I think it caters to people who like reading for fun and to pass time.
Alberto.peisach
Anybody that is considering going into Investment Banking or is in Investment Banking should read this book. Very entertaining story, easy read, and a clear depiction of the trade offs analysts have to give up. Bottom line: investment banking is great for your resume and it pays well, but you mist be willing to give up any quality of life.
ap
Chris Marsh
Sep 10, 2014 Chris Marsh rated it really liked it
Like Liar's Poker, Money Business is an insider's tale of the life and work of Wall Street investment bankers. I worked investment bank in New York City in the late eighties, between the time of these two books. The language is colorful, but the stories ring true. Hedonistic, misogynistic, sadistic and masochistic, the life of a Wall Street associate and analyst is fascinating, pathetic, hypnotic and beyond logic. It's a fascinating experience. Fun in a perverse way but ultimately draining. This ...more
Ismail Diabolic
Feb 27, 2016 Ismail Diabolic rated it really liked it
Never thought that this was going to be a fun read
Pat Murphy
Aug 07, 2015 Pat Murphy rated it really liked it
Behind the scenes in investment banking which I consider criminal anyway. This is more humorous and an expose than a teacher to investors.
Neeti
Feb 21, 2016 Neeti rated it liked it
Hit a wee bit close to home as am currently in the cursted monkey position of an associate in an i-bank... :P
Dio Aufa Handoyo
Oct 10, 2015 Dio Aufa Handoyo rated it really liked it
Raw & uncut - a great tale of disillusionment. Reality check for everyone with a desire to enter the industry
Shan Kuang
Sep 09, 2015 Shan Kuang rated it liked it
This book is a great illustration of the life of an investment banking analyst ... in the 1990's. DJL is now part of Citigroup and what remains of the team in this novel has largely been absorbed and digested. In 2015, very few bankers will live so wildly as Rolfe and Troob do in their novel.

That being said, this book is a great look into the heydays of banking. It does a great job of fast-tracking the reader through two terrifying years as an investment banking associate. It's a great read for
...more
Geeta
Mar 13, 2014 Geeta rated it really liked it
It's been a while since I read this book but I still remember how much I enjoyed it at that time.
Tara Young
Oct 12, 2007 Tara Young rated it did not like it
Semi-entertaining book but all in all I kept thinking "cry me a river" i-banker associates as you choose your own career path. Also, sounds like every other job (except most jobs don't require you to stay and make twenty revisions until 4 or 5 AM)in the sense that they both are clearly well educated but were just little peons who spend all their time being tasked to death. But, I alwasy keep in mind this is the perspective of two bright-eyed MBA's straight out of school. Anyway, overall, I wasn' ...more
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“The closest most people have ever come to understanding what an investment banker does may have been on October 24, 1995, when they heard the outrageous special interest story of the day. The wire services released the story first. It was quickly picked up and parroted by almost every major media outlet in the country as a classic example of Wall Street excess. A fifty-eight-year-old frustrated managing director from Trust Company of the West, on an airplane trip from Buenos Aires to New York City, downed an excessive number of cocktails, got out of his seat in the first-class cabin of a United Airlines flight, dropped his pants, and took a crap
on the service cart. There you have it. That’s what bankers do: consume, process, and disseminate.”
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