Even though it's 30 years ago, many of these traders have working class accents. The 'Big Bang' in the City ended it as a cosy, upper class club and opened it up to new talent, no matter what your background was.
On the contrary, the Big Bang entrenched the class divide. The 'dealers' interviewed here were sharp kids from working class backgrounds, while the 'brokers' came as before from the public schools and the middle/upper class. The real money was made by the brokers.
Would love to see what those people are like now, what they think of themselves at that time, if they made more money, lost it n what they went on to do...interesting.
💯agree. Individuals with poverty mindsets judge the wealthy. Opportunity is open to all, contrary to the lies perpetuated in the media -- it's a false narrative.
Tbf he probably wasn't looking 20 years into the future and probably meant in 5/10 year outlook. At this time there was no such things as mortgage swaps.
"...where the yuppies live. The people who drive down there between half-past four and half-past seven in the morning in their Porsches,we're told, and make a lot of money."
5:16 - To be fair he couldn't predict what would happen 20 years into the future. It's also interesting listening to the report and it seems that the prediction was a Tory victory but a slim margin but it seems (as we would in 1992) the silent Tory was very silent even in '87 hence the large majority the Conservatives won.
It warms my heart to know that within four months of this 1987 election, many of these young bastards would have lost a fortune on the stock market when it crashed through the floor Black Monday October 19th 1987. I wonder if these scumbags were smiling then when $500 Billion was wiped off the stock market. I would have loved for to see an interview with them then.
And just a few months later the stock market crashed and yuppies lost money hand over fist! And that last comment, "I don't think there'll be any more scandals." Oh, you poor fool!
Millions and millions of every day industrial Britain's LOST their JOB'S and livelihood !!!, Ironic how it don't suit the same when the political table is turned ??,
Is Paul Allen there?
NM Terrible lets see Paul Allen's card
No I believe he’s in London
No he's at dorsia
"Hes returning some video tapes"
HAHAHHAHAHAHAHAHAAHHQHA
Even though it's 30 years ago, many of these traders have working class accents. The 'Big Bang' in the City ended it as a cosy, upper class club and opened it up to new talent, no matter what your background was.
On the contrary, the Big Bang entrenched the class divide. The 'dealers' interviewed here were sharp kids from working class backgrounds, while the 'brokers' came as before from the public schools and the middle/upper class. The real money was made by the brokers.
A lot of them are from Essex
It does not matter now about accent but knowledge you can bring.
Would love to see what those people are like now, what they think of themselves at that time, if they made more money, lost it n what they went on to do...interesting.
I wonder if they made any reservations at Dorcia after the elections
this was on 11 June 1987 - interestingly a few months later on 19 October 1987 was "black monday" a sudden global stock market crash
"I don't think we are going to see any more scandals on a very large scale. I think people have learned their lesson"
Yea right...
my god
its even got a water mark.
Fantastic interview with those Yuppies talking common sense and their entrepreneurial spirit summoned up the 80s so well.
These are the lucky brokers/traders who got paid tonnes in the 80s, 90s and early 2000s. Today traders get paid shit, and brokers? forget it!
James S surely you mean the traders who work in Hedge funds. I meant the ones who work at Investment Banks get paid much less than they were
Hedge funds, sure, also prop traders (locals)
I also know a few at investment banks making 7 figures sitll
James S most of the better ones left post-Volker Rule
I guess so .... I don't know any of the better ones!!! :)
Sneering BBC interviewer asking those traders if they’re rich. If they were, good for them.
💯agree. Individuals with poverty mindsets judge the wealthy. Opportunity is open to all, contrary to the lies perpetuated in the media -- it's a false narrative.
I always suspected yuppies to be ex-punks or ex-mods.
I think they were the yuppies too.
And Casuals, on the Football terraces.
@@FHIPrincePeter I can see a former football casual evolving into a yuppie.
5:16 worst guess in history
Tbf he probably wasn't looking 20 years into the future and probably meant in 5/10 year outlook. At this time there was no such things as mortgage swaps.
This video is pure gold.
"...where the yuppies live. The people who drive down there between half-past four and half-past seven in the morning in their Porsches,we're told, and make a lot of money."
Hubris at the height of the Lawson boom
What are those weirdly coloured jackets they're wearing?
Andy JS stock brokers jackets.
...where is the sound between 5:11 and 5:13?
Is that a clone factory?
5:16 - To be fair he couldn't predict what would happen 20 years into the future. It's also interesting listening to the report and it seems that the prediction was a Tory victory but a slim margin but it seems (as we would in 1992) the silent Tory was very silent even in '87 hence the large majority the Conservatives won.
It warms my heart to know that within four months of this 1987 election, many of these young bastards would have lost a fortune on the stock market when it crashed through the floor Black Monday October 19th 1987. I wonder if these scumbags were smiling then when $500 Billion was wiped off the stock market. I would have loved for to see an interview with them then.
@@johnking5174 warms your heart that people lost money. I bet you’re fun at parties.
@@wessexfox5197 When money hungry scumbag ass holes such as these yuppies lost money, yes I am delighted. Anyone else I have sympathy for.
That didn't age well 😄
I was waiting for del boy to pop up with his hookie gear to sell to the yuppies.
loadsamoneys
And just a few months later the stock market crashed and yuppies lost money hand over fist!
And that last comment, "I don't think there'll be any more scandals." Oh, you poor fool!
LOADS A MUNNNEY!!!!!
was expecting them to have post accents
I love that scene
CUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
Now lets see Paul Allens predictions
Who’s here In 2019?
Neil Mulvihill I am after watching a Margret thatcher documentary I’m 30 wish I was around in the 80s I would of smashed it to bits
abdi mahamed Maggie thatcher is a wicked witch , up the ra
The fucking state of them.
BUY SELL SELL BUY BUY BUY SELL!!! I could do this job!!
I like to work outside
all hail the people who lost all our money
Ian Harwood then sneaks into the stationary cupboard for a line of coke using his American Express gold card.
I wonder what they'd have made of Mr Farage lol
Farage was a city trader himself....
Farage is a NIghtmare! Worse than this lot.
Love the cockney sounding bloke. Probably snuck his way in and sorted himself a job out 🤣
Millions and millions of every day industrial Britain's LOST their JOB'S and livelihood !!!, Ironic how it don't suit the same when the political table is turned ??,
They would be forced to sell to the masses again and Britain is too big to be a Poland poor category fear mongering media presents 🙈🙉🙊??????
Wonder where they are now, the traders interviewed drinking champagne? Be cool to know their life since 87.
Broke from divorce
Cute girl
lets see paul allenn card
Pompous gits! I'm jealous! 😢
Meanwhile
The North was decimated by that cow margaret thatcher
@@boeingbwoyThis made me love cows
Nice...not one mention of Brexit
... or Covid-19 👍🏻
loadsamoney! !!!
Unemployed, the homeless and people on the dole?
People who can’t afford a Porsche, champagne and bags of cocaine?
I love a bit of capitalism. I drive a BMW.
hilarity.
Fast forward to #brexit 2020 😂
The smug grins on those wankers' faces would soon be wiped off months later when the Stock Market crashed.
Always better off under a Conservative government.