Kevin Roose

In Young Money, Kevin Roose poses many important questions about the lives of newly minted Wall Streeters, but perhaps none more important than this: "What if Wall Street doesn't just attract pre-existing douchebags, but actively draws normal people into an inescapable vortex of douchebaggery?" For Roose, it's not just a glib rhetorical exercise. Over the course of three years, the New York Times contributor recruits and interviews eight anonymous first-year bankers for details of their experiences in the notoriously opaque, reputedly douchebaggy world of high finance.

Back in 2012, reporter Kevin Roose went undercover at a very exclusive party.

It was a dinner for a secret society, held once a year, at the St. Regis hotel in New York City. The secret society is called Kappa Beta Phi, and it's made up of current and former Wall Street executives — people like Michael Bloomberg, former heads of Lehman Brothers, Bear Stearns, Goldman Sachs. And every year the group holds a dinner to induct new people into the group — they're called neophytes.

Most people who follow the headlines are aware of the lifestyles of Wall Street's titans — and the vast bonuses that fund those lives of luxury. Kevin Roose's new Young Money looks at the bottom of that ladder: the college kids who arrived on Wall Street after the economic crash of 2008, prepared to put their noses to the grindstone in the hopes of making it big — or just making a decent living.

Kevin Roose is a New York Magazine writer. His new book, Young Money, comes out next month.

With the Grammy Awards just two days away, the Academy Awards on the horizon and the results of the SAG and Golden Globe awards already in, we're smack in the middle of awards season.

I don't watch the Oscars. I don't even see many movies, unless you count what's on Netflix. But Jess Walter's very funny novel, Beautiful Ruins, made me want to quit my job, move to L.A. and see the Hollywood train wreck up close.

Late last week, Typhoon Haiyan tore through the Philippines, leaving rubble for wake and cities in shambles. It was among the strongest storms ever recorded. In the days that have followed, the death toll exacted by the storm has reached breathtaking levels — more than 3,500 fatalities by last count — and the economic devastation must be measured in the billions.