Deciphering 'Industry': A Finance Expert Breaks Down the Show's Finale

While the interpersonal drama that takes place outside of the office is crystal clear, the intricacies of what’s going on with this bank are less so (at least to the average anticapitalist creative). In the finale, there was firing, hiring, a big foreign acquisition, and just generally a whole lot of money talk that made me think the bank might not survive to season four.

But I still wasn’t sure about the fate of Pierpoint — the finer financial details made my head spin — so I called up Matt Levine, who spent four years working at Goldman Sachs, working his way from associate to vice-president during the ’08 recession years, to explain. After he quit working in finance, he started writing about it; he’s been a columnist at. He has the credits of a quintessential finance bro — Yale Law School, a Harvard Classics degree — but is still down to earth. I asked Levine some very “Finance 101” questions, and he clued me in to what exactly went down onYou’ve worked in finance, and now you write about finance. Do you tend to consume fictional media about finance, or do you struggle to enjoy it as an expert in the field?— don’t make me look like an idiot. I don’t watch a ton of TV generally because I have three kids and a dog. I have nothing against fiction about finance; I get sent a lot of stuff. I find it jarring when stuff that I know about is misrepresented. It takes you out of the suspension of disbelief. I lovePeople find it very melodramatic, and I think it has a pretty good reputation for being fairly realistic — melodramatic in plot but realistic in detail is my impression.There are two types of analyst

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