the rackets
A somewhat antiquated term for the general financial services industry, used primarily by older people in the “biz” as it is also called, but most specifically this term refers to the career of being a floor trader in the NYSE back in the 80s when trading was done without computers, and instead done by live calls and shouting. The “racket” would be essentially the commotion and chaos of that long-gone environment.
the rackets by jazzagefan June 12, 2023
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