Wall Street Oasis logo


  • Recent
    • All Recent Content
    • Top WSO Bloggers
    • WSO Chat Room
    • Hot Topics - Week
    • Hot Topics - Month
    • Hot Topics - Year
    • Hot Topics - All Time
    • Top Comments - All Time
  • FAQs
    • Best Interviews
    • Common Questions
    • Industry Specific
    • WSO 101
    • Education
    • Recruiting
    • Life in Finance
    • WSO Company Database
    • WSO Finance Dictionary
  • Forums
    • Post Forum Topic
    • Best Interviews
    • Best Comments
    • WSO Chat Room
    • Job Search Advice
    • Investment Banking
    • Private Equity
    • Venture Capital
    • Trading
    • Consulting
    • Hedge Funds
    • Corporate Finance
    • Real Estate Finance
    • Equity Research
    • Asset Management
    • WSO Success Stories
    • Other Careers
    • Business School
    • Resume Forum
    • Wall St. Fashion
    • New User Intros
    • Monkey Around
    • WSO Products
    • Site Suggestions
  • Groups
    • Browse Groups
    • Create Group
    • My Groups
    • Non Target Networking
    • Energy Trading
    • State your salary
    • Read the Footnotes
    • Proprietary Traders
    • WSO Investment Forum
    • CFA
    • The Restructuring Group
    • Economics
    • RE Finance/Investments
  • About
    • About WSO
    • Press
    • Contact Us
    • RSS Sitemap
    • Advertise on WSO
    • WSO Discounts
    • WSO Store
  • Login
  • Sign Up!
  • Hot Topics
  • My Profile
  • Company Research
  • Modeling
  • Resume Review
  • Events
  • Interview Guides
  • Job Board
  • Intern Positions

6 Free Financial Modeling Lessons...and More.

Enter your e-mail below to get our new Free Modeling Tutorials ($200+ Value).

Wall Street Oasis » Blogs » In The Flesh's blog
< previous | next >

Decision Points: A Monkey's Review
 

In The Flesh's picture
In The Flesh
      HF
 
 
(Neanderthal, 2,814
 
Points)
 on 6/10/11 at 2:32pm
george bush.jpg

Decision Points: A Monkey’s Review

This week, we’re going for a biography that still holds plenty of interesting commentary for our world today.

George W. Bush has kept pretty quiet since the end of his presidency; his book tour was one of the only exceptions. In comparison to his predecessors, the man has stayed out of the spotlight and for the most part refrained from getting involved in the current political landscape. Maybe eight years of the most stressful job on earth will do that to a guy.

Even if you aren’t a George Bush supporter, reading his book “Decision Points” is a much-needed perspective on his presidency that he was at times unable to articulate while he sat in the Oval Office. As the title suggests, the book divides his two terms into specific events in which Bush had to weigh opposing arguments and come to a decision, which was hardly ever easy.

Of particular interest to us monkeys will be the final chapter on the financial crisis. In it, Bush talks about (among other things) the wisdom of his decision to have Hank Paulson and Ben Bernanke on his team as well as the struggle to pitch the various federal interventions in the markets. Interesting facts show up throughout, including the number of times Bush had called for more regulation of Fannie and Freddie (18) as well as the number of votes by which the Republican Party opposed TARP (65 to 133).

The story is well told, and although the decisions remain controversial, a lot of his rationale boils down to this: as ridiculous as it was to make US taxpayers foot the bill for the crisis, it would be more ridiculous to let the system suffer a total collapse.

Keep in mind that September 2008 also saw the landfall of Hurricane Ike, the Russian invasion of Georgia, and the political theater of the upcoming election. “It was a hell of a way to end the presidency,” he writes.

The rest of the biography follows much of the same format, from his first major decision on stem cell research to the war on terror and the Hurricane Katrina response. One thing I can definitely admire is that he steers clear of commenting at all upon the current Administration (in fact, only twice is Barack Obama mentioned; once when Bush tells the President-elect about his frustrations with the pardon system on the way to the inauguration, and second when Obama and McCain were both invited to the White House to help decide on crisis management).

If you want an interesting biography that makes it clear that the decisions that characterized George Bush’s presidency were bathed in all shades of gray, put this one on your reading list, monkeys. It is compulsively readable and has even received high marks from a number of my friends who were, and still are, hardcore Democrats.

Monkey’s Review 1: Barbarians At the Gate
Monkey’s Review 2: The Financier
Monkey’s Review 3: Decision Points
Monkey’s Review 4: Debunkery
Monkey’s Review 5: When Genius Failed
Monkey’s Review 6: Monkey Business
Monkey’s Review 7: Death Of The Banker
Monkey’s Review 8: A Journey
Monkey’s Review 9: Damn It Feels Good To Be A Banker
Monkey’s Review 10: The Quants
Monkey’s Review 11: All About Hedge Funds
Monkey’s Review 12: The Unlikely Disciple
Monkey’s Review 13: Adventure Capitalist
Monkey’s Review 14: The Hedge Fund Book
Monkey’s Review 15: Investing In Hedge Fund of Funds
Monkey’s Review 16: Hilarity Ensues
Monkey’s Review 17: The Prince
Monkey’s Review 18: Markets Never Forget (But People Do)
Monkey’s Review 19: The Money Culture

Head of Metal Website: www.headofmetal.com https://twitter.com/headofmetal2012
  •  
  •  
  •  
Tags:
  • monkey's review
  • politics
  • Lehman Brothers
  • George Bush
  • books
  • financial crisis
  • book review

Comments

TheKing's picture

I gotta be honest, I wanted

TheKing
      O
 
 
(Senior Neanderthal, 5,150
 
Points)
 on 6/10/11 at 3:48pm

I gotta be honest, I wanted to read this book. But, I just couldn't bring myself to. Why? Well, this might get some monkey shit flung at me, but it's because while he was doing his media rounds Bush claimed that the all-time low point of his Presidency was when Kanye said he didn't care about black people.

Let's be clear. Bush said that Kanye saying he didn't care about black people was a worse point than:

--9/11
--The financial crisis
--Katrina
--4,000+ Americans dying in Iraq / Afghanistan
--There not being WMDs in Iraq
--Flying to Washington in the middle of the night to sign an emergency bill to fucking put Terry Schaivo back on her feeding tube (what a true small government conservative!)

I cannot take a book about self-reflection on key decisions made in the White House seriously when his perspective is so clearly fucked up.

And another thing. What the fuck is the deal with people's selective memory on Bush? Some people on this site act like he was some stud of a President, why? I really don't get it. The guy was a bum that spent 8 years in the White House sitting on a cucumber.

Check out my WSO Blog

  • -1
  •  
  •  
Ben Shalom Bernanke's picture

You can't hate his

Ben Shalom Bernanke
      AM
 
 
(King Kong, 1,425
 
Points)
 on 6/10/11 at 4:05pm

You can't hate his perspective until you read this book. It really opened my eyes. I really enjoyed it, especially the chapter that focused on the events of 9/11. Good read IMO.

  • 0
  •  
  •  
Virginia Tech 4ever's picture

I've read the first several

Virginia Tech 4ever
      EN
 
 
(Neanderthal, 2,319
 
Points)
 on 6/10/11 at 4:27pm

I've read the first several chapters. It's pretty good. It definitely adds context. I'm not at all a huge fan of Bush (I think he was the most liberal president since Jimmy Carter, although Obama makes Bush look like a Goldwater conservative), but I've always admired the way he's carried himself with dignity while in office.

TheKing, yes, you're an idiot of epic proportions.

  • 0
  •  
  •  
TheKing's picture

I'm sorry, how am I an idiot

TheKing
      O
 
 
(Senior Neanderthal, 5,150
 
Points)
 on 6/10/11 at 6:07pm

I'm sorry, how am I an idiot of epic proportions?

Am I somehow off-base for thinking that there were much lower points than having Kanye West say that Bush doesn't like black people? Fuck, he could've said "signing TARP into law." That would at least make sense given that it goes against true conservative principles.

Get the fuck out of here with that bullshit.

Check out my WSO Blog

  • -2
  •  
  •  
Maverick91's picture

Source "TheKing"?

Maverick91
     
 
(Baboon, 174
 
Points)
 on 6/10/11 at 6:14pm

Source "TheKing"?

  • 0
  •  
  •  
down on the upside's picture

Virginia Tech 4ever

down on the upside
      CD
 
 
(Baboon, 143
 
Points)
 on 6/10/11 at 6:21pm
Virginia Tech 4ever:

I've read the first several chapters. It's pretty good. It definitely adds context. I'm not at all a huge fan of Bush (I think he was the most liberal president since Jimmy Carter, although Obama makes Bush look like a Goldwater conservative), but I've always admired the way he's carried himself with dignity while in office.

TheKing, yes, you're an idiot of epic proportions.

I was with you until the part about Bush carrying himself with dignity. We are talking about George W Bush? Mr. late-night punchline every week for 8 years running George W. Bush? I cant think of another president more well-known for being an absotlute duffiss. Amongst other things, choking on a pretzel, believing that fish and man can co-exist peacefully and everyones favorite, fighting with a closed door!

  • 0
  •  
  •  
TheKing's picture

Maverick91 wrote: Source

TheKing
      O
 
 
(Senior Neanderthal, 5,150
 
Points)
 on 6/10/11 at 6:38pm
Maverick91:

Source "TheKing"?

I assume you mean the source on Bush saying that Kanye calling him racist is the low point? Sure, here you go:

http://news.yahoo.com/s/yblog_upshot/20101103/pl_y...

<>

Check out my WSO Blog

  • -1
  •  
  •  
Maverick91's picture

@theking When does your

Maverick91
     
 
(Baboon, 174
 
Points)
 on 6/10/11 at 6:47pm

@theking When does your statement "Bush claimed that the all-time low point of his Presidency was when Kanye said he didn't care about black people" mean what he actually said "I resent it, it's not true, and it was one of the most disgusting moments of my presidency."

When you use definitive statements like "all-time low" don't construe the facts. Also, you might not want to buy into the sensationalism of modern day media. Just because the title says: Bush calls Kanye West’s criticism over Hurricane Katrina the lowest moment of his presidency doesn't mean the content will completely reflect that

  • 0
  •  
  •  
ShreddiesBrah's picture

Sounds interesting. Reading

ShreddiesBrah
     
 
(King Kong, 1,337
 
Points)
 on 6/10/11 at 6:47pm

Sounds interesting. Reading now.

  • 0
  •  
  •  
Maverick91's picture

@theking Here is the direct

Maverick91
     
 
(Baboon, 174
 
Points)
 on 6/10/11 at 6:59pm

@theking Here is the direct source to the material that Yahoo wrote about. http://www.youtube.com/watch?v=amPgDc46MY0 (fast forward to 4:30) He did say it was an all time low, but you have to take it in context. The preceding paragraph in the book talks about attacks against Bush's character and of all the attacks on his character this was by far the most hurtful.

ps I don't really care for Bush.

  • 0
  •  
  •  
ibintx's picture

Ya he said it was "ONE OF the

ibintx
      IB
 
(Orangutan, 290
 
Points)
 on 6/10/11 at 7:11pm

Ya he said it was "ONE OF the most disgusting" not "THE worst"...and this came from Lauer asking him directly about the Kanye incident, NOT asking "what was the worst moment of your presidency"

It's sad how much influence the media has these days. The truth is that they distort these types of things all the time (often just to create a story). I've seen it in politics, sports, anything.. It's really scary how much this crap affects our society, government and entire country.

It should also be noted that the national media (in general) tends to be quite left-leaning (with obvious exceptions).

  • 0
  •  
  •  
TheKing's picture

Maverick91 wrote: @theking

TheKing
      O
 
 
(Senior Neanderthal, 5,150
 
Points)
 on 6/10/11 at 7:20pm
Maverick91:

@theking Here is the direct source to the material that Yahoo wrote about. http://www.youtube.com/watch?v=amPgDc46MY0 (fast forward to 4:30) He did say it was an all time low, but you have to take it in context.

"He did say it was an all time low, but..."

The context is irrelevant, it is not nearly an all-time low and is absurd to even speak of it relative to so many major events that occurred during his term in office. Fuckin' a, we're talking about some bullshit Kanye West said.

Check out my WSO Blog

  • -1
  •  
  •  
Maverick91's picture

Context is irrelevant? He was

Maverick91
     
 
(Baboon, 174
 
Points)
 on 6/10/11 at 7:28pm

Context is irrelevant? He was talking about an attack on his character not his presidency. It was basically saying of all the things people have called you: stupid, liar, looks like a monkey, shoe lover, racist. Racist is the worst. And you really think GW knows that most "intelligent" people disregard the great Kayne West.

  • 0
  •  
  •  
ibintx's picture

after watching that, don't

ibintx
      IB
 
(Orangutan, 290
 
Points)
 on 6/10/11 at 7:35pm

after watching that, don't you think that the "all-time low" was a build-up of multiple things?

as in wars+constant crticism+Katrina and then +Kanye = All-time low

not Kanye = all-time low

The "all-time low" came AFTER (not necessarily "only because of" the comment) because: a terrible disaster had just occurred, Bush probably thought he was doing his best to help those people, and yet a national figure calls him a racist while countless people are blaming him for a natural disaster...all while waging 2 wars, and amidst constant security threats. Now, THAT sounds like a reasonable time for an "all-time low."

Just thinking about it, I really don't see how Kanye ALONE could be the worst moment, even if he was as selfish as people make it seem. First of all, Bush was criticized at some point, by someone, his entire presidency, on every part of his character, from his intelligence to his intentions to his decisions. Even if he was THAT self-interested, how would being called a racist by a dumb rapper be the worst thing? (honestly, given Bush's poor political/speaking skills, I could imagine him making that statement just to appease black people, but regardless..)

All-time lows usually don't happen just because of one event. They happen from a buildup of multiple things. That's just how life works..

  • 0
  •  
  •  
eokpar02's picture

TheKing wrote: I'm sorry, how

eokpar02
      EN
 
(Senior Gorilla, 778
 
Points)
 on 6/10/11 at 9:17pm
TheKing:

I'm sorry, how am I an idiot of epic proportions?

Am I somehow off-base for thinking that there were much lower points than having Kanye West say that Bush doesn't like black people? Fuck, he could've said "signing TARP into law." That would at least make sense given that it goes against true conservative principles.

Get the fuck out of here with that bullshit.

Yea, I am amazed that this grown ass man can say that the worst thing that happened during his presidency was... getting called a racist by some piece of shit rapper? Not 9/11? The man obviously is a juvenile.

I am not cocky, I am confident, and when you tell me I am the best it is a compliment.
-Styles P

  • 0
  •  
  •  
Upload Avatar

I started to read this and

gnicholas (not verified)
     
 
(Chimp, 0
 
Points)
 on 6/10/11 at 10:34pm
You must be signed in to read advice below.
Sign In with FacebookSign In with Google
Connecting helps us build a vibrant community. We'll never share your info without your permission.

Sign Up with email

  • 0
  •  
  •  
RiskyBizness's picture

You took however many hours

RiskyBizness
      IB
 
 
(Orangutan, 275
 
Points)
 on 6/11/11 at 11:37am
  • 0
  •  
  •  
AlexanderHamilton's picture

I think what the book

AlexanderHamilton
      AM
 
(Senior Monkey, 72
 
Points)
 on 6/11/11 at 1:30pm

Patrick Bateman would eat Eddie Morra's lunch (and probably his brains).

  • 0
  •  
  •  
heister's picture

The problem with people

heister
      HF
 
 
(Neanderthal, 2,465
 
Points)
 on 6/11/11 at 1:41pm

Follow the shit your fellow monkeys say @shitWSOsays

  • 0
  •  
  •  
In The Flesh's picture

AlexanderHamilton wrote: I

In The Flesh
      HF
 
 
(Neanderthal, 2,814
 
Points)
 on 6/11/11 at 1:59pm

Head of Metal Website: www.headofmetal.com

https://twitter.com/headofmetal2012

  • 0
  •  
  •  

6 Free Financial Modeling Lessons...Straight to Your Inbox.

Confirm your name and e-mail below to get our best tips

Monkey Stats
Account information
We respect your Name and E-mail privacy. By joining you accept our terms of service.
Skip this step
Terms and Conditions of Use
These are the "Terms and Conditions" under which you may use WallStreetOasis.com. Please read this page carefully including the Privacy Policy below. If you do not accept the Terms and Conditions and Privacy Policy stated here, do not use this web site or any services offered by this web site. By using this web site, you are indicating your acceptance to be bound by the terms of these Terms and Conditions and Privacy Policy. IB Oasis Corp. (the "Company") may revise these Terms and Conditions and Privacy Policy at any time by updating this posting. You should visit this page periodically to review the Terms and Conditions and Privacy Policy, because they are binding on you. The terms "You" and "User" as used herein refer to all individuals and/or entities accessing this web site for any reason.

Neither WallStreetOasis.com, IB Oasis Corp. nor employees of IB Oasis Corp. are investment advisors. The purpose of this website is NOT to give any advice on your personal investment strategy. If you base your investment decisions on content of this website, you may lose part or all of your money.

You should not violate any other law or regulation, including, without limitation, the rules and regulations of the U.S. Securities and Exchange Commission and the national or other securities exchanges, especially including the rule against making false or misleading statements to manipulate the price of a security or the rule requiring you to disclose any compensation you may receive for describing a security.

You should not access WallStreetOasis.com by any means other than through the interfaces we provide for use in accessing our services or use any automated means, including, without limitation, agents, robots, scripts, or spiders, to access, monitor, copy, or harvest data from any part of our sites, except those automated means that we have approved in advance and in writing.

The Company, in its sole discretion, reserves the right to remove any postings, or deny access by any individuals, for any reason or no reason.

If you see something that you feel is a violation of the these Terms and Conditions, please notify us by emailing wallstreetoasis at wallstreetoasis.com.

We reserve the right to change the Terms and Conditions at any time. Changes will be posted on the applicable web page.

Use of Material.

The Company authorizes you to view and download a single copy of the material on www.WallStreetOasis.com (the "Web Site") solely for your personal, noncommercial use. By using the Web Site you are giving the Company the sole right to use any and all content you generate or publish on the site for commercial, non-commercial or promotional purposes. This includes any and all forum posts, comments, blog posts or any other material you generate on the Web Site.

The contents of this Web Site, such as text, graphics, images, logos, button icons, software and other items (collectively, "Material"), are protected under both United States and foreign copyright, trademark and other laws. All Material is the property of the Company or its content suppliers or clients. The compilation (meaning the collection, arrangement and assembly) of all content on this Web Site is the exclusive property of the Company and protected by U.S. and international copyright laws. Unauthorized use of the Material may violate copyright, trademark, and other laws. You must retain all copyright, trademark, service-mark and other proprietary notices contained in the original Material on any copy you make of the Material. You may not sell or modify the Material or reproduce, display, publicly perform, distribute, or otherwise use the Material in any way for any public or commercial purpose. The use of the Material on any other web site or in a networked computer environment for any purpose is prohibited.

You shall not copy or adapt the HTML code that the Company creates to generate its pages. It is also protected by the Company?s copyright.

Acceptable Site Use.

General Rules: Users may not use the Web Site in order to transmit, distribute, store or destroy material (a) in violation of any applicable law or regulation, (b) in a manner that will infringe the copyright, trademark, trade secret or other intellectual property rights of others or violate the privacy, publicity or other personal rights of others, or (c) that is defamatory, obscene, threatening, abusive or hateful.

Web Site Security Rules. Users are prohibited from violating or attempting to violate the security of the Web Site, including, without limitation, (a) accessing data not intended for such user or logging into a server or account which the user is not authorized to access, (b) attempting to probe, scan or test the vulnerability of a system or network or to breach security or authentication measures without proper authorization, (c) attempting to interfere with service to any user, host or network, including, without limitation, via means of submitting a virus to the Web Site, overloading, "flooding", "spamming", "mailbombing" or "crashing", (d) sending unsolicited e-mail, including promotions and/or advertising of products or services, or (e) forging any TCP/IP packet header or any part of the header information in any e-mail. Violations of system or network security may result in civil or criminal liability. The Company will investigate occurrences which may involve such violations and may involve, and cooperate with, law enforcement authorities in prosecuting users who are involved in such violations.

Specific Prohibited Uses.

The Company specifically prohibits any use of the Web Site, and all users agree not to use the Web Site, for any of the following:

  • Posting any incomplete, false or inaccurate biographical information or information which is not your own accurate resume
  • Using any device, software or routine to interfere or attempt to interfere with the proper working of this Web Site or any activity being conducted on this site.
  • Taking any action which imposes an unreasonable or disproportionately large load on this Web Site?s infrastructure.
  • If you have a password allowing access to a non-public area of this Web Site, disclosing to or sharing your password with any third parties or using your password for any unauthorized purpose.
  • Notwithstanding anything to the contrary contained herein, using or attempting to use any engine, software, tool, agent or other device or mechanism (including without limitation browsers, spiders, robots, avatars or intelligent agents) to navigate or search this Web Site other than the search engine and search agents available from the Company on this Web Site and other than generally available third party web browsers (e.g., Netscape Navigator, Microsoft Explorer).
  • Attempting to decipher, decompile, disassemble or reverse engineer any of the software comprising or in any way making up a part of the Web Site.
  • Aggregating, copying or duplicating in any manner any of the materials or information available from the Web Site.
  • Framing of or linking to any of the materials or information available from the Web Site.

User Information.

When you register for the Web Site, you will be asked to provide the Company with certain information including, without limitation, a valid email address (your "Information"). In addition to the terms and conditions that may be set forth in any privacy policy on this Web Site, you understand and agree that the Company may disclose to third parties, on an anonymous basis, certain aggregate information contained in your registration application. The Company reserves the right to offer third party services and products to you based on the preferences that you identify in your registration and at any time thereafter; such offers may be made by the Company or by third parties. Please see the Company's Privacy Policy below for further details regarding your Information.

Registration and Password.

You are responsible for maintaining the confidentiality of your information and password. You shall be responsible for all uses of your registration, whether or not authorized by you. You agree to immediately notify the Company of any unauthorized use of your registration or password.

The Company's Liability.

As a condition to your use of this site, you release the Company (and our agents and employees) from claims, demands and damages (actual and consequential, direct and indirect) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes. If you are a California resident, you waive California Civil Code d1542, which says: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor."

We are under no legal obligation to, and generally do not, control the information provided by other users which is made available through the Web Site. By its very nature, other people?s information may be offensive, harmful or inaccurate, and in some cases will be mislabeled or deceptively labeled. We expect that you will use caution and common sense when using this Web Site.

The Material may contain inaccuracies or typographical errors. The Company makes no representations about the accuracy, reliability, completeness, or timeliness of the Web Site or the Material. The use of the Web Site and the Material is at your own risk. Changes are periodically made to the Web Site and may be made at any time.

You acknowledge and agree that you are solely responsible for the content and accuracy of any resume or material contained therein placed by you on the Web Site and you agree to let any users that are identified as recruiters (designated in the sole discretion of the Company) to have access to your resume.

The Company is not to be considered to be an employer with respect to your use of the Web Site and the Company shall not be responsible for any employment decisions, for whatever reason made, made by any entity posting jobs on the Web Site.

THE COMPANY DOES NOT WARRANT THAT THE WEB SITE WILL OPERATE ERROR-FREE OR THAT THE WEB SITE AND ITS SERVER ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL MECHANISMS. IF YOUR USE OF THE WEB SITE OR THE MATERIAL RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, THE COMPANY IS NOT RESPONSIBLE FOR THOSE COSTS.

THE WEB SITE AND MATERIAL ARE PROVIDED ON AN "AS IS" BASIS WITHOUT ANY WARRANTIES OF ANY KIND. THE COMPANY, TO THE FULLEST EXTENT PERMITTED BY LAW, DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE WARRANTY OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE AND NON-INFRINGEMENT. THE COMPANY MAKES NO WARRANTIES ABOUT THE ACCURACY, RELIABILITY, COMPLETENESS, OR TIMELINESS OF THE MATERIAL, SERVICES, SOFTWARE, TEXT, GRAPHICS, AND LINKS.

Disclaimer of Consequential Damages.

IN NO EVENT SHALL THE COMPANY, ITS SUPPLIERS, OR ANY THIRD PARTIES MENTIONED ON THE WEB SITE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE WEB SITE AND THE MATERIAL, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Links to Other Sites.

The Web Site may contain links to third party web sites. These links are provided solely as a convenience to you and not as an endorsement by the Company of the contents on such third-party Web sites. The Company is not responsible for the content of linked third-party sites and does not make any representations regarding the content or accuracy of materials on such third party Web sites. If you decide to access linked third party Web sites, you do so at your own risk.

No Resale or Unauthorized Commercial Use.

You agree not to resell or assign your rights or obligations under these Term of Use. You also agree not to make any unauthorized commercial use of the Web Site.

Limitation of Liability.

The aggregate liability for the Company to you for all claims arising from the use of the Materials is limited to $1.

Termination.

The Company reserves the right, at its sole discretion, to pursue all of its legal remedies, including but not limited to immediate termination of your registration with or ability to access the Web Site and/or any other service provided to you by the Company, upon any breach by you of these Terms and Conditions or if the Company is unable to verify or authenticate any information you submit to the Web Site registration with or ability to access the Web Site.

Indemnity.

You agree to defend, indemnify, and hold harmless the Company, its officers, directors, employees and agents, from and against any claims, actions or demands, including without limitation reasonable legal and accounting fees, alleging or resulting from your use of the Material or your breach of the terms of these Terms and Conditions. The Company shall provide notice to you promptly of any such claim, suit, or proceeding and shall assist you, at your expense, in defending any such claim, suit or proceeding.

General.

The Company makes no claims that the Materials may be lawfully viewed or downloaded outside of the United States. Access to the Materials may not be legal by certain persons or in certain countries. If you access the Web Site from outside of the United States, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction. These Terms and conditions are governed by the internal substantive laws of the State of New York, without respect to its conflict of laws principles. Jurisdiction for any claims arising under this agreement shall lie exclusively with the state or federal courts within New York, New York. If any provision of these Terms and Conditions are found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms and Conditions, which shall remain in full force and effect. No waiver of any term of these Terms and Conditions shall be deemed a further or continuing waiver of such term or any other term. Except as expressly provided in additional terms of use for areas of the Web Site a particular "Legal Notice," or Software License or Material on particular Web pages, these Terms and Conditions constitute the entire agreement between you and the Company with respect to the use of Web Site. No changes to these Terms and Conditions shall be made except by a revised posting on this page.

PRIVACY POLICY

The Company recognizes that you are concerned about privacy. We are committed to preserving your privacy and safeguarding your sensitive information. The following statement describes the general information-gathering and usage practices of our sites.

Our staff, contractors, Internet service providers and others involved in this site follow this policy or similarly strict policies regarding your Information.

Disclosure

The Company is committed to fully disclosing our policies regarding the collection, use, maintenance, disclosure and security of personal information obtained from users of our site. The term "personal information" includes a name, address, email address, or any other information which could be used to contact you directly or to identify you personally.

Use and Disclosure Limitations

The Company only uses personal information about its Web site users for specific purposes. We do not share user information with third parties except when we have told users about the disclosures, when we have prior consent, or when required by law.

Use Policy: When the Company gathers personal information from users, we ask for permission first. We also disclose, at the time of collection, how the information will be used by us. Personal information is used for activities such as auto-completion of commonly-used forms and helping us contact you when you solicit information from us.

Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

The Company might be required to disclose personal information in response to a valid legal process such as a subpoena, search warrant or court order.

Although unlikely, it is possible that we may have to make certain disclosures to ensure the security of our Web site, to protect its integrity, or to take precautions against potential liability. In any of these situations, we will take any reasonable steps to limit the scope of the data disclosed.

Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

Forum Topics

  • New
  • Active
  • Rank
  • Comments
  • Similar to the Anatomy of a 10-K thread I was hoping someone could walk us through how they dissect CA and indentures and explain what parts are most important and/or relevant when looking to...
    Anatomy of a Credit Agreement and a Bond Indenture?
  • Macquarie, after cutting bonuses for many of the analysts has now cut Seamless allowance. Crossed the line, guys. “Macquarie is making further cuts to analysts. Weekend Seamless is now $25/day, cut from $40. All analysts are trying to leave. Morale is extremely...
    Bonus cuts are one thing, but now Seamless cuts?
  • Was curious if anyone has any idea what National Sales group does at BB PWM. Obviously it involves sales, but how do BB National sales groups stand out from different more regional teams within the BB PWM groups. Anyone have any experience with these types of...
    Group placement
  • I am curious about which one is better. I'm a first generation for college and I can't decide whether I should go to a target like Ross and end up with a 3.2 GPA or go to an easier college like OSU and get a 3.8/4.0 GPA. My goal isn't necessarily to get an IBD position straight out...
    Non-target with 3.8/4.0 GPA vs target with 3.2 GPA
  • Hi, this is my first post. I am looking for a new suit and after doing some research on styleforum.net, it seems that SuitSupply is my best bet. I really like the Washington fit they offered for its high rise and slim cut pant. However, since there aren't that many options, I am wondering...
    Are these suits appropriate for SA?
  • It is called "Brocair Partners" and it is in Midtown NYC... They cover the Healthcare sector and have deal size ranging from 30 - 250 Million. So they seem pretty good in regards to size, and have decent deal flow as well. Also have a lot of international exposure and overseas deals, so...
    Has anyone heard of this Boutique?
  • I'm working at a smaller MM investment bank in a relatively smaller city (not NY, Chicago, LA, SF, and the like). About 6 weeks ago, I received an email saying that I had an offer to intern at the bank as a summer ibanking analyst, and the MD just wanted me to respond back stating that I would...
    Background check
  • I thought I would help out the WSO RE community a little bit. If your in RE then you know who Hines is. Anyways they have a position open for their Irvine, CA office. I don't work for Hines, but I dealt with them before. You guys can go ahead and apply online, don't send me a resume. Just...
    Hines Analyst Position Is Open, Apply Here
  • Recently the site hasn't been properly displaying quotes within quotes when there are about 3 levels or more. Here is an...
    Quoting Bug
  • My original plan was to write a series about starting my eccomerce business; going through the process of finding a market, a product and funding. I still plan to do this, but I would like to talk about something that is far more pressing to me: IP...
    Entrepreneurship and patent lawsuits
  • Alright let's break up the finance monotony for a bit. I'm looking for opinions regarding the best MBA programs for someone hoping to go into marketing management and strategy (basically, looking for anything that will put me on a good path to a CMO/VPMarketing position down the...
    Best MBA programs for Marketing/Strategy
  • I propose we change the name of this forum because I do not think consulting is "consulting" in its traditional sense especially not in the industry that I have experienced in the last 4...
    My Journey Into Consulting: "Be Careful What You Ask For"
  • As a freshman in NYU CAS and a prospective Econ/Math double major (not joint major), I sent an application to LSE for their Econ program, to which I got accepted. I would hopefully like to get an internship in Consulting or IB within the next two years. Do you think going to LSE would make a...
    NYU CAS or LSE for Econ B.A.?
  • Hi, Does anyone have any tips on best way to Linkedin network into a Consulting role without upsetting the current boss? My background is CIMA qualified industry professional. Not sure of the best way to strategise the networking and attract attention from the hiring managers of big 4 consulting...
    Advice re Strategic/Effecient Linkedin neworking - London based
more

Upcoming Events

  • New York School of Finance: Summer Session 2013
    Jun 3 2013 - 8:00am - 10:00am
  • Financial and Valuation Modeling Seminar (Washington DC)
    Jun 6 2013 - 8:00am - Jun 8 2013 - 4:30pm
  • WSO NYC Happy Hour: Fri. 6/7, 7pm
    Jun 7 2013 - 6:00pm - Jun 8 2013 - 1:00am
  • Advanced Excel for Finance Professionals Webcast
    Jun 11 2013 - 5:00pm - 8:00pm
  • Financial & Valuation Modeling for the Oil & Gas Industry (New York)
    Jun 13 2013 - 7:00am - Jun 15 2013 - 4:00pm
more

Highest Ranked Content

  • Week
  • Month
  • Year
  • All Time
  • Comments
I was writing an email to a fellow monkey who is about to start as a banking analyst in the summer. It's been a little over 5 yrs now since I was a wee young first-year analyst in restructuring for one of the Moelis/Houlihan/Evercore type firms (I call them the firms where most people will...
15 things I wish I knew as a first year banking analyst
I get a ton of emails and answer a ton of posts asking similar questions so I thought I would answer the most common ones I get here and allow others to post their questions so everyone can see them and the subsequent answers. Hope this helps. <strong>Summer Analyst...
MSF Question and Answer
Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS...
Beginners Guide to Valuation and Metrics By Sector
I work as a currency volatility trader and manage one of the bigger G10 blocs in London. I've been lucky enough to get responsibility early in my career. I started off managing a single currency book a few months into the job, and have steadily been granted more responsibility to where I am...
Ask Me Anything: I'm a Currency Volatility Trader
I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local...
Ask me anything… I'm a Private Equity Analyst in Shanghai
<em>Mod note: Best of Bankerella - this was originally posted 10/1/12</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at IBD. Folks, why IBD? The finance world is broad and varied, and there are a million ways to...
My Biggest Career Mistake to Date: Prestige
For better or for worse, there’s a very unique feeling when everything goes completely according to plan yet nobody seems to care or notice. Such is the case with our favorite company of the moment, Tesla Motors. For those unaware, TSLA has rocketed upwards since its Q1 earnings release,...
A Perfect Storm
I work as a long/short equity analyst at a large hedge fund. I've been lucky enough to be more than just a model monkey early on in my career, but have also been exposed to the stress of being measured on returns. I primarily cover consumer and TMT names. I went the typical path (target...
I'm a Hedge Fund Analyst - Ask Me Anything
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
This is just fantastic. After sitting through Carl Levin and John McCain spewing a bunch of nonsense about how Apple doesn't pay enough taxes (despite being the #3 taxpaying company in America behind ExxonMobil and Chevron), Rand Paul lit them up about what a travesty it was to blame Apple...
Rand Paul GOES OFF at Apple Hearing
more

Recent Jobs

  • Family Office looking for Summer Intern (with option to continue part-time in fall semester)
  • Portfolio Manager - Immediate Mandate
  • Quantitative Portfolio Manager-Immediate Mandate
  • Immediate Hire - Quant Trader
  • WSO Test Job - Do not apply
more



Sell Tickets Online through Eventbrite

Poll

Why would you NOT go to the 2013 WSO Conference? :
View the current poll results.

Silver Banana Rankings

  • Silver Banana Leaders
  • Soiled Monkeys
UserSilver Bananas
Edmundo Braverman1125
TNA1105
CompBanker873
happypantsmcgee742
IlliniProgrammer726
UFOinsider635
TheKing622
BlackHat566
rufiolove424
Nouveau Richie420
more

Top WSO Members

  • Total Bananas
  • Active Monkeys
UserBanana Points
Edmundo Braverman14409
TNA13540
WallStreetOasis.com12074
UFOinsider10349
happypantsmcgee9621
IlliniProgrammer9244
CompBanker8508
Siberian Husky5862
AndyLouis5831
monty095405
more

New Groups

  • Denver Professionals
  • Minneapolis Bankers
  • Non-Target Networking in NYC
  • Prep School Bankers
  • Commercial Real Estate
  • University of London
  • University of Cambridge
  • Atlanta Monkeys
  • German Monkeys
  • University of North Carolina - Chapel Hill
more

© 2006-2012 WallStreetOasis.com | All Rights ReservedAdvertise | About Us | Contact Us | FAQs | Site Map | Privacy Policy

As Seen In

Sister Site

Syndicate content