Monday, October 24, 2011

Only In New York: Rocktoberfest - Bankers Roll, Rock for Charity


When it comes to participating in Hedge Fund Rocktoberfest, an annual music fund raiser that takes place at the banquet hall 583 Park Avenue, the amateur bands, comprising, generally, members of the local financial community, tend to request three songs in their set lists, according to the Wall St Journal.
They are "What I Like About You," by the Romantics, "Message in a Bottle" by the Police and "Sweet Child O' Mine" by Guns N' Roses. Other songs you are likely to hear in this crowd: Tom Petty's "Mary Jane's Last Dance," "Mr. Jones" by the Counting Crows," and, for the more ambitious players, "Teenage Wasteland" by the Who.

The person who makes sure that the various groups, with names like The Cause, Big Dog Party and Flash Crash, don't play these songs over and over and over again is C. Mead Welles, the president of Octagon Asset Management. Mr. Welles is also the co-founder of A Leg to Stand On (Altso), an organization that provides prosthetic limbs, corrective surgeries and rehabilitation to disabled children in the developing world….

Find out more at http://online.wsj.com/article/SB10001424052970204644504576649442078152446.html

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