Wall Street banking companies are powerful. This immense power gives them the ability to control certain resources within society as well as the behavior of specific individuals (Bourdieu and Eagleton 1994: 270). One of the dominant ideologies of Wall Street, the “culture of intelligence,” represents the “symbolic power” that these banking companies possess (Ho 2009: 40, Bourdieu and Eagleton 1994: 266). Not based on the inherent abilities or “natural aptitudes” of individuals, the “culture of intelligence” is a socially constructed concept that allows banking companies to define what is legitimate and valuable (Bourdieu 1986: 243, Ho 2009 : 40, Bourdieu and Eagleton). 1994, 269). Attributes of "intelligence culture", such as "the feeling of awe, elite or supreme status and expertise", are acquired through the accumulation of cultural capital (Ho 2009: 40, Bourdieu 1986). Banking firms rely on the previously accumulated cultural capital of recruits, as well as the considerable increase in social and cultural capital that working in an investment bank provides, in order to attract individuals who can then be leveraged for gains not only in economic capital, but also in cultural capital. Investment banks recruit heavily from “Harvard and Princeton” because they are considered “the main recruiting ground” for finance (Ho 2009, 43). Graduates of these two Ivy League universities are remarkably sought after because of the institutionalized cultural capital they have acquired by attending a highly selective and prestigious university (Bourdieu 1986: 243). Institutionalized cultural capital refers to “the objectification of cultural capital in the form of academic degrees” (Bourdieu 1986: 247). It is used in paper relationships with investment banks based on the “intelligence” of that bank’s employees (Ho 2009, 71). In conclusion, investment banks constructed the “culture of intelligence” as a means of ensuring students had the greatest cultural capital that would provide the greatest return in the form of both economic and cultural capital for the company banking (Ho 2009, 40). ).Works cited Bourdieu, Pierre. 1986. “The Forms of Capital.” In Handbook of Theory and Research for the Sociology of Education, edited by JG Richardson, 241-258. New York: Greenwood Press. Bourdieu, Pierre. 1990. Outline of a theory of practice. Cambridge: Cambridge University Press. Bourdieu, Pierre and Terry Eagleton. 1994. “Doxa and common life: an interview”. In Mapping Ideology. London: Verso.Ho, Karen. 2009. “Liquidated: An Ethnography of Wall Street.” In, 1-121. Duke University Press.