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WSO Conference 2013 - Last Chance to Get 50% Off

There are 21 days remaining until the conference (June 29th) and each day we'll be listing off another reason for why you should join us at the conference.

Reason #21 to get your ticket today: This is the last day to get over 50% off your conference ticket, prices will be going up at midnight tonight.

Get your ticket now (50% Off!)

Bonus Bananas June 7, 2013

1) SAC Will Not Become A Family Office, President Says (FIN Alternatives) - So there you have it. Despite the fact that nearly all outside capital has been redeemed and the company is left with Stevie's dough, they're not going to become a family office. Glad they cleared that up.

2) This Simple Action Will Dramatically Grow Your LinkedIn Network (Mashable) - This really should be common sense, but you'd be amazed at how many connection requests I get with the canned "I'd like to add you to my network." If you're trying to link with someone you don't know, help them and help yourself.

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What's on your desk ?

I started reading (and comparing) Laura Schreffler's biweekly column "What's on On My Desk ?";

Here is latest entry, featuring the desk of Christiane Kaalund, a partner with HBA/Hirsch Bedner Associates (

1. Notebook
2. A rendering in progress - ready to be marked up
3. Research material in form of a magazine
4. A color/material scheme as inspiration
5. Computer
6. Tea and fruit

13 Little Things You May Be Doing to Sabotage Your Success

Are you one of these two?

1. You've been out in the job market for a few years now, but you're still holding on to old habits.

2. Just looking to enter the market, but you need to just shed that college skin

If so it's time to freshen up on a little etiquette.

Here's 13 little things you may be doing to sabotage your success:

1. Grammar: misspellings, lack of capitalization, and generally poor grammar say you're uneducated, inattentive to detail, or, frankly, just don't care. Poor grammar is like a giant fluorescent warning sign that says: "Steer clear." Please use spellcheck tools, reread your note, and if it's something "important," have others proof it, too.

2. Flaky McFlakerson: We all have our "off" moments when crap comes up, but consistently failing to show up or deliver quickly takes its toll. Chances are, you're either disorganized or a megalomaniac. Either way, it's a deal breaker. And no, your constant string of excuses doesn't help. Just do what you said you would when you said you'd do it.

How to Get Laid Off

So you hate your job but youre not ready to leave b/c you don't want to be broke and you don't already have a new job lined up. So what to do, you can stick with it, as another user recently posted, or you can get yourself laid off. The old "it's not you, it's me - but really it's you" hat trick can go a long ways into getting yourself into Funemployment. Read on for some tips you can follow to put yourself on the chopping block without burning any bridges.

look at JPY...

The yen surged and the euro jumped as Italian and Spanish bonds sank after European Central Bank President Mario Draghi said further stimulus measures will be left "on the shelf" as growth returns. U.S. stocks and Treasuries rose before jobs data tomorrow.

The yen rallied 2.1 percent to 97.06 per dollar and jumped as much as 3.2 percent, the most since 2011, while the 17-nation euro increased as much as 1.6 percent to a three-month high of $1.3306. Yields jumped more than 20 basis points on the 10-year debt of Italy, Spain and Portugal. The Standard & Poor's 500 Index rose 0.8 percent to 1,622.46, rebounding from a one-month low, while the Stoxx Europe 600 Index retreated 1.2 percent. Ten-year U.S. Treasury yields declined 1.5 basis points to 2.07 percent after rising as much as four points earlier.

Managing Management (With Chinese Characteristics)

We all have disagreements or don't see eye to eye with our managers all the time. If this is happening to you, take a deep breath and settle in. This piece hopes to help you navigate these potentially treacherous waters a little more safely.

First, it's usually a good idea to get a second set of eyes on the situation. If you have a amentor or another person you trust within the firm or industry, present them with the situation, but perhaps without all the details. They might have valuable insights to share.

But if you're in need of further ideas, take a look here for the Top 5 things NOT TO DO, Top 5 things TO DO, and 5 key takeaways in regards to disagreeing with your boss on a business decision.

Top 5 things NOT TO DO when disagreeing with your boss:

WSO Conference 2013: Reason #22 To Join Us

There are 22 days remaining until the conference (June 29th) and each day we'll be listing off another reason for why you purchase a ticket (if you haven't already).

Reason #22: The catered lunch will be delicious! Though you might be so busy talking to others (see below) that you'll forget to eat :)

Grab One of the Last Discounted Tickets Today (50% Off!)

Would You Buy ZNGA Here?

Help me out here, guys, because I'm running out of reasons not to buy ZNGA. I realize the company is basically a train wreck and has a plethora of problems, but at $3 a share the company is basically trading for cash (or slightly over that). They reported still having $1.6 billion in cash and liquid assets in their last 10-Q, and they just announced an 18% reduction in their workforce which is going to save another $80 million. The stock is down 70% from its IPO price.

Something is just telling me that this is ripe for a 50% pop to the upside on any good news, and the company is positioning themselves to make a big push into mobile. I think their games suck (for the most part - their Facebook Hold 'Em app is pretty good) and only retards would pay to buy stuff for their Farm or Pet Shop or whatever the hell else, but there's no shortage of idiots out there and the stock is trading at less than two times sales.

So maybe I need you guys to talk me off the ledge, because I never thought I'd live to say this but ZNGA is kinda looking like a buy to me here. I hate how dependent they are on Facebook, because Facebook has a habit of pulling the rug out from under those who manage to monetize the platform better than they themselves do. But the company appears to be making headway in the mobile space and revenues have remained pretty steady in the meantime.

Will Saudi Arabia Allow the U.S. Oil Boom?

Technology, technology, and more technology--this is what has driven the American oil and gas boom starting in the Bakken and now being played out in the Gulf of Mexico revival, and new advances are coming online constantly. It's enough to rival the Saudis, if the Kingdom allows it to happen. Along with this boom come both promise and fear and a fast-paced regulatory environment that still needs to find the proper balance.

In an exclusive interview with, Chris Faulkner, CEO of Breitling Energy Companies--a key player in Bakken with a penchant for leading the new technology charge--discusses:

* How Bakken has turned the US into an economic powerhouse
* What the next milestone is for Three Forks
* What Wall Street thinks of the key Bakken companies

Video Game Console Rundown

Hey fellas, as the self-anointed entertainment dude (since most of the blogs I write about have something to do with sports/media/entertainment/movies) I'm taking it upon myself to add video games to this list.

I personally have not being a huge gamer since the OG Star Wars: BroodWar / Counter-Strike days, when I used to spend every waking minute outside of school in cybercafes. God how I wish I had spent my time more wisely back then maybe I would be the next Zuckerberg...I kid.

Congratulations Summer Interns of 2013… Grab a pen. Here are a few words of wisdom.

Congratulations, you made it. You are a 2013 Goldman Sachs Summer Analyst. You might feel like you just crossed the finish line. But the race hasn’t even started yet.

Most banks hire the majority of their 1st year Analysts from the intern pool. They’ve proven themselves. They’re likely to accept the offer. And it saves HR a shitload of time and money.

Don’t worry if you don’t make the cut. You 've been vetted and hired by Goldman fucking Sachs. Even if this is your last dance here, there are plenty of Vineyard Vines wearing, New Canaan commuting, Morgan Stanley name-dropping 'rainmakers' waiting to pick you up and dust you off. Not making the cut at Goldman is like being traded by the Yankees. You’ll still probably make millions, but it’s just not the same.

So here are 20 tips to help you with your journey:

WallStreet Prep Master Financial Modeling