Playing lacrosse in college provides a valuable connection to the finance world, writes Bloomberg Businessweek in its article, Wall Street’s Lacrosse Mafia. According to the story, in 1879 a Baltimore Athletic Club lacrosse coach described his team this way: “The members are principally sons of wealthy merchants, with a good sprinkling of merchants themselves.” Despite recent bad publicity for the sport (see Huguely, George and Duke lacrosse case), the demographics have hardly changed, giving those with lax on their resumes a huge leg-up.
Baltimore-native A.B. “Buzzy” Krongard, the former C.E.O. of Alex. Brown & Sons who played for Baltimore City College and Princeton in the 1950s, is quoted in the story saying, “Just in Baltimore, if you culled from the banking and real estate firms, you could assemble a world-class team.”
Read the whole story at Bloomberg Businessweek.
