Kevin Roose at New York magazine crashed an eight-decade-old party for a fraternity of the world's wealthiest financiers, Kappa Beta Phi, in 2012. He got much of the celebration on video and it isn't pretty. Literally. Dressing in drag was de rigueur, with new inductees wearing leotards and gold-sequined skirts. A demented, sexist, and homophobic drag show proceeded, writes Roose, with jokes including “What’s the biggest difference between Barney Frank and a Fenway Frank? Barney Frank comes in different-size buns.” Not long after the financial meltdown and with the nation's economy still struggling, the Kappa Beta Phi members sang songs about the financial crisis, parodying “Dancing Queen” with “Bailout King,” and wanting seven-figure bonuses.
Read it at New York
