iPhone app iPad app Android phone app Android tablet app

Omer Rosen
GET UPDATES FROM Omer Rosen
 
Omer Rosen, a former derivatives banker, is working on an
autobiographical novel about love, 9/11, and the financial collapse.
His first-person account of corruption in the world of derivatives,
Legerdemath, was recently published in the Boston Review.

More at www.legerdemath.com

Blog Entries by Omer Rosen

Life Without a Cellphone -- Part 1: Introduction

(8) Comments | Posted May 6, 2013 | 1:00 PM

When I inform people that I have amputated that latest evolution in appendages -- i.e. that I do not lug around that which is commonly referred to as 'cellphone' or, in newspeak, 'smartphone,' and that by default my device is turned off and cached in a closet -- the response...

Read Post

The Healthiest Block in New York?

(1) Comments | Posted March 4, 2013 | 10:42 AM

"There'll never be a bar on this block," Jeremy Spector, the chef/owner of the Brindle Room, assured me shortly after I moved into my new apartment, "you can't legally open one too close to the churches and the block association would fight against it tooth and nail even if you...

Read Post

On Greg Smith, Goldman Sachs, and a Perp Walk Down Memory Lane

(6) Comments | Posted March 22, 2012 | 11:23 AM

A year ago I wrote about my shady derivatives dealings during my time at Citigroup -- first in "Legerdemath," for the Boston Review, and then in "How to Deceive a Client Without Really Trying," for The Huffington Post. The corporate-derivatives team I described working in dealt...

Read Post

Footnoting David Foster Wallace: Part 1

(4) Comments | Posted September 20, 2011 | 10:53 AM

Co-written with Casey Michael Henry

There are recognizable rituals to the post-burial coalescence of an author's legacy: the heartfelt memorial, the vaguely similar-to-visage-seeming New Yorker cartoon, the earnest and inspiring discussions of author and work by those who knew him well (and those who didn't), his familiar words...

Read Post

From Point A To Point A By Way Of Point A

(11) Comments | Posted August 12, 2011 | 1:49 AM

A pretentious open letter, full of generalizations and exaggerations, to current and recent high school and college students:

The following is not a lecture, though it might seem to be. Nor is it an attempt to push my views of the world, though the medium sends that message. Nor is...

Read Post

X-Men: First Class: Reviewing Magneto and the Super Jews

(45) Comments | Posted June 15, 2011 | 5:44 PM

Ever since I converted to atheism, I have wondered what it means to be a Jew. Was I even Jewish anymore -- the 'ish' appending my classification suddenly appearing more appropriate? Such were my musings at thirteen, the only immediate change in my life a cessation of special prayers before...

Read Post

Battle of the Budget Bulge: Living Within Our Means?

(0) Comments | Posted April 19, 2011 | 2:08 PM

Over the past few weeks I have followed, with something oscillating between frustrated interest and frustrated apathy, what now passes for political theater. Or, I should say, budget-minded theater, for never has a topic of debate so fitted its mode.

What bothers me most is not that the show contains...

Read Post

How to Deceive a Client Without Really Trying

(5) Comments | Posted April 11, 2011 | 5:08 PM

In my first article, "Legerdemath: Tricks of the Banking Trade," I made brief mention of Treasury-rate locks:

"Most brazenly, we taught clients phony math that involved settling Treasury-rate locks by referencing Treasury yields rather than prices."

A number of readers expressed doubt that using a settlement method based...

Read Post

The Lincoln Lawyer: A Third Take

(0) Comments | Posted March 28, 2011 | 6:25 PM

Perhaps, over the past couple of weeks, you watched the movie version of The Lincoln Lawyer. And perhaps, as a result, you are thinking of reading the book. I can imagine such thinking taking place immediately after the purchase of a plane ticket.

To give you an idea of what...

Read Post

Legerdemath: Tricks of the Banking Trade

(16) Comments | Posted February 3, 2011 | 11:47 AM

Originally published by Boston Review

In the spring of 2000, I began a three-year stint on Citigroup's corporate-derivatives team. I was just months past my twentieth birthday, with no work experience to speak of, in a world beyond my imagination. As my boss summed me...

Read Post