Is the bloom off the rose for Wall Street as far as college kids are concerned? According to the following article, recent grads are abandoning Wall Street to work in Washington:
http://www.alertnet.org/thenews/newsdesk/N0530118…
Evidently, an inability to compete combined with near-double digit unemployment has caused many recent grads to discover that they're not money motivated after all, and that they have a social conscience.
It's not that I have a problem with people taking the hippie route and devoting themselves to a higher cause. I've done it myself from time to time. But to claim you're turning your back on Wall Street for moral or social justice reasons and then to accept a government job doesn't make you a philanthropist, it makes you an asshole.
Be honest with yourself and admit you couldn't make the cut. It doesn't mean there's something wrong with you. But don't be a hypocrite and cop a holier-than-thou attitude about the evils of Wall Street when your paycheck is stolen from the American taxpayer every two weeks.
Britini Wilcher is one of them. Wilcher, a recent graduate from Spelman College in Atlanta, spent two summers as an intern for Merrill Lynch, which was hard hit by the financial crisis and taken over by Bank of America Corp last year.When it came time to look for full-time employment, Wilcher wanted to do something with a bigger social impact.
The California native will be working in Washington for a government consulting firm where she will specialize in economic development.
"It's becoming trendy to take your community into your hands and give back, which is a good thing," Wilcher said. "People are empowered by the current political climate."
Isn't that precious? Sweet little Britini wanted to make the world a better place, so she became a fucking lobbyist. Yeah, that's noble work you're doing there, honey.
I'll take Wall Street over K Street any day of the week. At least the thieves in our world dress better.
Their little bubble is going to burst soon too.
Spelman College? That doesn't even sound accredited to me.
(sorry...)
I'm sure Ms. Wilcher had two great summers as a private wealth management photocopier. However, notice that she didn't say that finance was too lame for her - I think the authors of the article were trying to forward their own point of view (obviously).
Both schools referred to in the article are well-respected Historically Black Colleges & Universities (HBUCs). That said, they may or may not be the most representative schools for the general population of college grads aspiring to Wall Street as a whole.
Does that seem strange to anyone else? Especially when considering no other career counselors, etc were contacted to support this article. In fact, there is nothing to support the headline or premise of this article other than a few facts that may be strung together.
Great article, hilarious commentary.
Thanks for saving the world Britini!
The situation in D.C. is pretty grim actually. A bunch of my buddies who graduated this year cant find anything, despite having done diesel internships in the public sector.
But "giving back" to "the community?" I don't think Ms. Wilcher deserves a job anywhere.
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