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The Go-Go Years: The Drama and Crashing Finale of Wall Street's Bullish 60s by Michael Lewis, John Brooks

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CHAPTER IX

Go-Go at High Noon

1

Not by chance, cultural and social revolution hit Wall Street, New York, at the same time that it hit Wall Street, U.S.A. It was in 1968 that New York City first came to seem ungovernable, out of hand, to large numbers of formerly optimistic citizens. Those who loved the city had clung to the belief that for all its passing anarchies—soot, noise, clogged streets, racial tension, the deadly cycle of drugs and crime, unconscionable strikes against the public, corruption in office—some deep, underlying civic principle of order and good will ruled it with an invisible hand, so that things would come out all right in the end. But in 1968—perhaps chiefly because of the infamous teachers’ strike, as shocking for the shrugging ...

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