The Twitter parody account @GSelevator, which purports to detail conversations that take place on the Goldman Sachs elevators, now has a major book deal.
According to a report from Financial Time’s Tracy Alloway, the book, to be published by Simon and Schuster, is titled Straight to Hell: True Tales of Deviance and Excess in the World of Investment Banking.
Exposure of investment banking culture
Scheduled for an October, 2014 release, the book is going to be “the definitive exposure of investment banking culture, shedding new light on a world that is far more abhorrent, and yet, way more entertaining than people can imagine,” according to the report.
The @GSElevator Twitter feed taps into a humorous vein of sophisticated anti-bank humor, revealing pompous and often politically incorrect statements that cast the most prestigious investment bank in a condescending light. The Goldman parody account has over 600,000 followers and is typically a must read and source of water cooler snickers for those on the inside of the financial services industry. Goldman Sachs’ official Twitter feed has 123,000 followers.
Top ten funniest Goldman Sachs Elevator posts
A list of the funniest @GSElevator tweets included racially and sexually charged statements such as:
“Whenever I see a black guy with my last name, I can’t help but wonder if my family used to own his.”
“Every guy I know has paid for sex. One way or the other.”
“I never give money to homeless people. I can’t reward failure in good conscience.”
“We’re all God’s children. Some of us just deserve a higher allowance.”
“Some chick asked me what I would do with 10 million bucks. I told her I’d wonder where the rest of my money went.”
“Groupon — Food stamps for the middle class.”
Humor with biting social commentary
Although the @GSElevator handle is technically unknown, and the book will be penned under an assumed alias of JT Stone, the actual author is said to be known among certain Wall Street media circles and has a reputation as a prolific writer. His GSElevator blog contains essays that reveal a compelling and provocative writing style that indicates the forthcoming book will include a heaping helping of sex, avarice, greed and a disdainful approach to anyone perceived below the class level of a Goldman Sachs banker — which includes just about everyone.
The book is expected to chronicle “JT Stone’s” rise through Goldman with a particular humorous bite in keeping with the @GSElevator’s twitter persona of sophisticated humor that uncovers truth about a jet-setting lifestyle with social commentary in between the humorous lines.