Apparently so, if you went to the right university and had the right connections.

Lawrence Hughes, who later was a leader in the Farm Security Administration in the New Deal, was a bond salesman in the 1920s.

He said, "You go to Dartmouth, then you go into business, in to the stock and bond market, with the market going up - wonderful! Wonderful! Then comes the 1929 crash. Stock and bond houses don't need their salesmen any more".

Quote from: Jan Goggins, "California on the Breadlines, Dorothea Lange, Paul Taylor, and the Making of a New Deal Narrative", 2010, p.116