Summertime Blues on Wall Street

Okay, I'm not gonna write a whole bunch about this because you need to read the original article and some of the hilarious reactions to it. On Friday, CNBC's John Carney published an article called Summertime Blues on Wall Street. It basically details some of the angst going around the Street these days in the wake of the Whale and other high-profile screw-ups lately. It's written pretty tongue-in-cheek (as Carney is wont to do), but it really got legs over the weekend with the Occupy crowd - most notably the Huffington Post with their hilarious send-up entitled Goldman Employee Struggles with Inability to Regularly Visit Summer Home.

Enjoy the articles and take them in good humor (which is at least how Carney's is meant). But realize also that this probably isn't the best time to be cry-assing to journalists about how bad bankers have it these days. There's not a lot of sympathy out there with the economy in the shitter, unemployment up, and the GDP expected to drop.

Here's hoping some "crazy guy" in London or Paris or Jakarta doesn't crater your bonus this year!

5 Comments
 

Eius dolor dignissimos molestiae. Eos aut placeat vel iste harum sunt et.

Aut veniam doloribus expedita impedit vel non provident. Voluptate est eum nobis et animi.

Dolore quaerat hic ea incidunt blanditiis. Quia omnis voluptatibus autem nemo nulla. Officiis corporis sequi dolores consectetur quia voluptate. Ut sit quis iusto maiores saepe. Maiores saepe aut corporis doloribus aut. Magni et ipsum sit ad. Dolores rerum eos porro fugit quas temporibus iusto.

Officia voluptatibus omnis aut id nemo similique. Accusamus expedita voluptatem saepe veniam earum culpa et. Porro magni a facere accusantium.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”