• 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

Wall Street Oasis logo

  • Company Research
  • Modeling
  • Resume Review
  • Events
  • Interview Guides
  • Job Board
  • Intern Positions
  • Mentors

6 Free Financial Modeling Lessons...and More.

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

Wall Street Oasis » Forums » Monkeying Around
< previous | next >

Iran will have nuclear power
 

cphbravo96's picture
cphbravo96
      PE
 
 
(Senior Neanderthal, 5,057
 
Points)
 on 8/17/10 at 9:50am
Nuclear Explosion

So, I ran across this article, which I think could be fairly serious. Placing it in the Monkeying Around forum is rather oxymoronic, but it has nothing to do with finance, so here it is.

Obviously some people will say this is being blow out of proportion, but I think it deserves some attention. The article basically outlines that Israel has 8 days to launch a military strike against the facility because anytime after that the uranium will be delivered and in place and any sort of strike would be have radiological effects. Now, I doubt Israel will take any sort of military action but I don't think that it is being dismissed on a whim by those in charge. They have to be wondering it their future is in jeopardy.

At the very least, doesn't it seem ironic that a country with the third most known oil reserves on the planet is so dead set on building nuclear power? One would ask (1) why that is even necessary and (2) shouldn't someone like...say, the United States being building more nuclear power plants given our oil reserves stand at just 15% percent of Iran's? Just sayin'.

http://www.jpost.com/IranianThreat/News/Article.as...

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
  • Nuclear Power
  • Monkeying Around
    • Credits
  •  
lever up's picture

Did not know about the 8 day

lever up
     
 
(Senior Monkey, 95
 
Points)
 on 8/17/10 at 10:05am

Did not know about the 8 day period regarding Israel you mentioned, very interesting.

For some reason I just don't trust Iran having a nuclear plant, seems like it would be too easy to hide other activity behind it. It'll be interesting to see how this unfolds.....

    • Credits
  • 0
  •  
Marcus_Halberstram's picture

Ok.... #1- Its fucking Fox

Marcus_Halberstram
      PE
 
 
(Neanderthal, 3,446
 
Points)
 on 8/17/10 at 10:21am

Ok....

#1- Its fucking Fox News... seriously? It might as well be al-Jazeera.

#2- I seem to doubt that Russian (or any for that matter) suppliers of uranium provide delivery date and FedEx tracking numbers to public media outlets. So the "8 days" deadline sounds like a bunch of bullshit.

#3-

Bolton warned that once the Bushehr facility is operational it will be too late for a military air strike against Iran because such an attack would spread radiation and harm Iranian civilians.

I somehow doubt this is a real consideration. Especially considering the fact that we're already using depleted uranium rounds all over Iraq. Im not likening using depleted uranium rounds to a nucleur meltdown... but more to the point that "military impact on civilians" is a PR concept.

Financial Modeling Training
Guide to Finance Interviews
Banking Resume

    • Credits
  • 0
  •  
cphbravo96's picture

Marcus, I am not sure what

cphbravo96
      PE
 
 
(Senior Neanderthal, 5,057
 
Points)
 on 8/17/10 at 11:03am

Marcus, I am not sure what your point was with your "#1". Even if it is FOX News, there is certainly some legitimacy to the threat that Iran poses to Israel. They are only separated by about 2,000km, which, ironically, is the distance that most of their long range missiles travel. Whether or not Iran would ever attack Israel remains to be seen. I don't think they would because Israel would annihilate them, plain and simple. If there was some sort of concerted effort/attack on Israeli soil by the Iranian government, I would bet good money there would be missiles flying eastward for days upon days.

Here is a little more info on "#2"

http://www.google.com/hostednews/ap/article/ALeqM5...

http://www.businessweek.com/news/2010-08-17/iran-t...

http://www.jpost.com/IranianThreat/News/Article.as...

Again, I'm not clear on what your point was with "#3". If you are implying that Israel is not likely considering the bad PR that a late strike would cause assuming there was some sort of radiological disaster, that may be true. The thing I think I like most about Israel is that they appear to care more about their safety then their public image...which I think the US could use a little more of. The effects of depleted uranium are minimal when compared to the potential disaster an attack on a nuclear reactor could cause. Obviously you won't catch me rubbing DU shells on my genitals to prove a point, but it is generally believed the harm from DU is most often caused internally, by ingestion of some sort. It's claimed that the "fallout" from DU ammo (not shot yet) is only a few CMs and that radiation at that level wouldn't penetrate a piece of notebook paper. But that is more anecdotal as I'm certainly not a nuclear scientist.

Whether or not the threat is real, we don't know, but I would bet that Israel is taking it under serious consideration and has the power to do a significantly great amount of damage to Iran then Iran could do to it.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so."
- Ronald Reagan

    • Credits
  • 0
  •  
Marcus_Halberstram's picture

I wasn't at all positing that

Marcus_Halberstram
      PE
 
 
(Neanderthal, 3,446
 
Points)
 on 8/17/10 at 11:40am

I wasn't at all positing that Iran doesn't -- with or without, but especially with nuclear power -- pose a very real threat to Israel.

My point in number 3 was that civilian fallout is not a real consideration in these types of decisions. The "they have to act within 8 days or they can't act without serious civilian consequences" is a political stick in the back. No one really cares about the civilian fallout, especially in Iran. There isn't a person in the world that takes them seriously and any civilian consequences incurred inside of Iran will be, for the large part, viewed by the world as a direct result of Amajenidad.

On an aside, while unfired DU shells may not pose a real risk... (obviously we wouldn't be handing them to our soldiers if they did, arguably). The fired DU shells in fact pose a real threat as they incinerate, burn and melt what they hit and the particulate disperses into the air. There is considerable research showing that birth defects and other cancerous instances have increased up to 30 fold... (e.g. from 50 occurrences per 10,000 to 1,500 occurrences per 10,000) in areas where DU shells were pervasively used beginning the in the first gulf war. This phenomena closely tracks areas where DU shells were used vs. any other areas... (so for example, Areas 1: mustard gas and DU shells used, statistically significant increase seen; Area 2: mustard gas used, statistically significant increase not seen; Area 3: DU shells used, statistically significant increase seen). Im using mustard gas as an example, not suggesting the validity of using mustard gas as a control. Similar, albeit not as severe implications are observed in soldiers exposed to fired DU shells (i.e. a vehicle shot up with DU shells).

I can point you to the source if you'd like, Ill have to track down the cites from a paper I wrote back in college. Also, DU cannot be disposed of on US soil unless it is locked in a radiological-sealed canister and buried something like 10,000 feet below sea level. A lot of the numbers above are not exact, but they're in the general vicinity/order of magnitude. Its been a long time since I looked at this stuff.

Financial Modeling Training
Guide to Finance Interviews
Banking Resume

    • Credits
  • 0
  •  
TNA's picture

Iran might have a large

TNA
      O
 
 
(Human, 13,711
 
Points)
 on 8/17/10 at 11:49am

Iran might have a large supply of the worlds oil, but they have shit power generation. Interesting write up :

http://en.wikipedia.org/wiki/Energy_in_Iran

I would not be opposed to Iran having nuclear power if their little leader wasn't so insane. I think that 8 days crap is bullshit. The Iranian have been building nuclear facilities deep underground. It is debatable whether we can even hit them with current weapon systems. This isn't like the nuclear power plant in Iraq which was an easy strike for the Israeli's.

As for Israel striking Iran, that isn't going to happen. They need the USA to firmly support whatever they do. The Europeans will not lift a finger to help if they bomb Iran and cause a shit storm. The USA is pretty lukewarm with Israel right now.

The nuclear genie has been let out of the bottle.

MSF Website
MACC Website
MSF Twitter

    • Credits
  • 0
  •  
cphbravo96's picture

Thanks for the clarification

cphbravo96
      PE
 
 
(Senior Neanderthal, 5,057
 
Points)
 on 8/17/10 at 12:30pm

Thanks for the clarification Marcus. No need to get the actual data, I trust your numbers. And your right, typically it isn't considered as a big deal due to its classification as collateral damage. As I mentioned, I don't think Israel would ever put its public image before it's safety but a preemptive strike that causes mass destruction and suffering if no tangible threats can be proven is going to force people/countries to choose a side and as was mentioned, the US's support (spoken vs. unspoken) is a bit lackluster at this point.

Anthony, you are right, they have shit power generation. They suck that oil out of the ground like it is nobody's business but they aren't much for refining it and putting it to use.

I am actually a fan of nuclear power and think its a cheap (relatively) way of producing clean energy. I think that the United States should be doing more to get some going here, in an effort to curtail our dependency on foreign oil.

I also agree with support for a nuclear power program in Iran if it wasn't for the instability in the region (in general) and the whack job running the place. Although, I do think Mahmoud is nothing but an Iranian Kim Jong minus the female shades and the DJ Pauly D style blow out. Just a bunch of check thumping and hot air blowing.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so."
- Ronald Reagan

    • Credits
  • 0
  •  
In reply to Anthony .
Midas Mulligan Magoo's picture

Anthony . wrote: Iran might

Midas Mulligan Magoo
     
 
(Senior Neanderthal, 5,167
 
Points)
 on 8/17/10 at 12:27pm
Anthony .:

Iran might have a large supply of the worlds oil, but they have shit power generation. Interesting write up :

http://en.wikipedia.org/wiki/Energy_in_Iran

I would not be opposed to Iran having nuclear power if their little leader wasn't so insane. I think that 8 days crap is bullshit. The Iranian have been building nuclear facilities deep underground. It is debatable whether we can even hit them with current weapon systems. This isn't like the nuclear power plant in Iraq which was an easy strike for the Israeli's.

As for Israel striking Iran, that isn't going to happen. They need the USA to firmly support whatever they do. The Europeans will not lift a finger to help if they bomb Iran and cause a shit storm. The USA is pretty lukewarm with Israel right now.

The nuclear genie has been let out of the bottle.

Good points Tone, just gotta tweak you on one. Ahmadinejad is not a factor. He's the equivalent of a press secretary. Ali Khameini is the real Capo di tutti capi (I think this is a very fair assessment if you read up on his gangsteresque rise to power). The issue remains (and has since the Abbassid Caliphate) Shariatic politics and policy, which have no place in a world of nuclear power.

I fear that the stance undertaken by U.S. policy towards the SHARIATIC WORLD is akin to "Hitler at Munich".

But we shall see...

Where I unload on Twits and take verbal S***s

    • Credits
  • 0
  •  
cphbravo96's picture

Good Lord, I must have fallen

cphbravo96
      PE
 
 
(Senior Neanderthal, 5,057
 
Points)
 on 8/17/10 at 3:53pm

Good Lord, I must have fallen asleep at my desk...for 5 days, lol.

http://www.jpost.com/IranianThreat/News/Article.as...

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so."
- Ronald Reagan

    • Credits
  • 0
  •  
TNA's picture

I love the headline "Obama

TNA
      O
 
 
(Human, 13,711
 
Points)
 on 8/17/10 at 4:05pm

I love the headline "Obama wont let us hit it"

Kiss the Jewish vote good bye.

MSF Website
MACC Website
MSF Twitter

    • Credits
  • 0
  •  
CNB90's picture

I highly doubt any military

CNB90
      IB
 
(Orangutan, 368
 
Points)
 on 8/17/10 at 11:05pm

I highly doubt any military intervention will occur. Certainly President Obama is well aware of the crippling effects to the global economy of ridiculously high oil prices caused by the closing of the strait Iran controls. Alot of you here are really undermining what an armed conflict between Iran and Israel can look like, to assume that Iran will take it up the ass and cause little to no damage is truly an outrageous assumption. Lets not forget the Lebanese conflict of 2006, I remember watching it on the news that summer with my war obsessed uncle and it was quite embarrassing for Israel. Not only did they not achieve what they set out to achieve in what they estimated would take a few days, they aimed their efforts at targeting civilian areas to pressure Hezbollah into surrendering. No doubt Israel is probably the better armed, but you can never underestimate the other side. The results of such a war would be catastrophic for the region, especially if Iran fires their missiles everywhere there is a U.S base.

    • Credits
  • 0
  •  
In reply to CNB90
cphbravo96's picture

CNB90 wrote: I highly doubt

cphbravo96
      PE
 
 
(Senior Neanderthal, 5,057
 
Points)
 on 8/17/10 at 11:18pm
CNB90:

I highly doubt any military intervention will occur. Certainly President Obama is well aware of the crippling effects to the global economy of ridiculously high oil prices caused by the closing of the strait Iran controls. Alot of you here are really undermining what an armed conflict between Iran and Israel can look like, to assume that Iran will take it up the ass and cause little to no damage is truly an outrageous assumption. Lets not forget the Lebanese conflict of 2006, I remember watching it on the news that summer with my war obsessed uncle and it was quite embarrassing for Israel. Not only did they not achieve what they set out to achieve in what they estimated would take a few days, they aimed their efforts at targeting civilian areas to pressure Hezbollah into surrendering. No doubt Israel is probably the better armed, but you can never underestimate the other side. The results of such a war would be catastrophic for the region, especially if Iran fires their missiles everywhere there is a U.S base.

I don't think you should ever underestimate your opponent, especially when they are nut bags, but the only thing that would make Iran "competitive" against Israel would be if Israel decided to not bomb the shit out of the whole country and make it a more conventional war. Even then the deaths are only going to occur at random and if they attempted to occupy any cities. Their weapons are less accurate and are not capable of striking at a similar distance as those of Israel partly because they are working with technology developed in the 50s and manufactured in the 70s.

Coincidentally:

http://www.google.com/hostednews/ap/article/ALeqM5...

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so."
- Ronald Reagan

    • Credits
  • 0
  •  
LIBOR's picture

USA sucks out twice as much

LIBOR
      EN
 
(Neanderthal, 2,156
 
Points)
 on 8/17/10 at 11:36pm

USA sucks out twice as much oil as Iran... despite having less reserves

http://www.nationmaster.com/graph/ene_oil_pro-ener...

Iran imports a lot of gasoline due to limited refinery capacity. Check out some stats here.

http://www.eia.doe.gov/cabs/Iran/Oil.html

I'm know a little bit about the political situation, but I don't understand why conservatives are so supportive of Israel. (Not trying to start a fight, and I usually lean right, but I never really understood why the US is so supportive of them)

looking for that pick-me-up to power through an all-nighter?

    • Credits
  • 0
  •  
CNB90's picture

If Hezbollah successfully

CNB90
      IB
 
(Orangutan, 368
 
Points)
 on 8/17/10 at 11:37pm

If Hezbollah successfully inflicted damage on the once impregnable Israel in 2006 with the low end of Iranian fire power quality then I highly suspect they'd be lacking in possible damage. I sometimes fear the only way to end this Iranian political coup is the same way the German empire was dismantled.

    • Credits
  • 0
  •  
In reply to CNB90
LIBOR's picture

CNB90 wrote: I highly doubt

LIBOR
      EN
 
(Neanderthal, 2,156
 
Points)
 on 8/17/10 at 11:45pm
CNB90:

I highly doubt any military intervention will occur. Certainly President Obama is well aware of the crippling effects to the global economy of ridiculously high oil prices caused by the closing of the strait Iran controls. Alot of you here are really undermining what an armed conflict between Iran and Israel can look like, to assume that Iran will take it up the ass and cause little to no damage is truly an outrageous assumption. Lets not forget the Lebanese conflict of 2006, I remember watching it on the news that summer with my war obsessed uncle and it was quite embarrassing for Israel. Not only did they not achieve what they set out to achieve in what they estimated would take a few days, they aimed their efforts at targeting civilian areas to pressure Hezbollah into surrendering. No doubt Israel is probably the better armed, but you can never underestimate the other side. The results of such a war would be catastrophic for the region, especially if Iran fires their missiles everywhere there is a U.S base.

Dennis Gartman wrote about this in his morning comments once... he doesn't think the Iranians would be able to close the straits... and frankly, I don't either. Never underestimate the power of the US military.

This article is from foreign policy, which tends to lean left. But it compares the US military vs. Iran... take a look at the naval stats... they have no shot (obviously we would have to mobilize but still we would destroy them once the boats got there)

Of course, the price of oil might spike up because of the volatility and uncertainty during a geopolitical event. Then again, the Saudi's hate the Iranians (did you see we sold them 60 billion in defense contracts last week), and if war broke out, I would like to believe the Saudi's would have our backs and pump a bit more to keep us well supplied (of course we always have the SPR to draw from)

looking for that pick-me-up to power through an all-nighter?

    • Credits
  • 0
  •  
Marcus_Halberstram's picture

The issue is outside of being

Marcus_Halberstram
      PE
 
 
(Neanderthal, 3,446
 
Points)
 on 8/17/10 at 11:52pm

The issue is outside of being very outspoken against Israel, Iran does very little else. Sure they imprison westerners going to Iran, but its their fucking country. If you're not supposed to be there, don't go and you won't be shackled to a stone wall and guarded by an Aladin looking dude wielding a huge sword and a cantaloupe eating monkey sitting on his shoulder.

Exactly what would be the basis of the attack? Because they're developing nuclear capabilities and Israel doesn't want them to have them? I just don't see it happening.

Financial Modeling Training
Guide to Finance Interviews
Banking Resume

    • Credits
  • 0
  •  
In reply to Marcus_Halberstram
naprison's picture

Marcus_Halberstram

naprison
     
 
(Monkey, 37
 
Points)
 on 8/18/10 at 12:03am
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

Look Away, It's Now Diamonds

    • Credits
  • 0
  •  
TNA's picture

1) I really don't think you

TNA
      O
 
 
(Human, 13,711
 
Points)
 on 8/18/10 at 1:16am

MSF Website
MACC Website
MSF Twitter

    • Credits
  • 0
  •  
cphbravo96's picture

Marcus, you can't describe

cphbravo96
      PE
 
 
(Senior Neanderthal, 5,057
 
Points)
 on 8/18/10 at 9:32am

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so."
- Ronald Reagan

    • Credits
  • 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
  • <strong><a href="http://www.wallstreetoasis.com/event/london-wso-drinks">London, June 20th, 19:30, location depends on the weather, see event page for details</a></strong> <strong><a...
    Upcoming WSO Meetups: LONDON THURSDAY (June 20th)
  • Hello all, I'm in the early stages of planning graduate study (hopefully 2014-2015) and am attempting to narrow my options down further. I'm pondering two degrees primarily, a Masters in Finance and a Masters in Data Analytics/Business Analytics. Some background: 24 years...
    Chances at Masters in Finance?
  • I was really obese almost all of my life, and it peaked around 300 pounds about a year ago. Since then, I have lost almost 70 pounds and am still in the process. I am also starting work in a few weeks at a BB in IBD, and need some clothes. I have heard recommendations for brooks brothers, and they...
    Weight Loss and Buying Clothes
  • do these higher paying industry group also generally mean longer hours? Including: TMT FIG Industrials Healthcare P&U Energy Consumer & Retail Infrastructure Any other I...
    Currently, on average, what are the highest paying industry groups for analyst at BBs?
  • Hello all, I was wondering about the GPA cutoffs/ranges that major firms have for giving out FT first-round interviews. Let's say that we're talking about MBB/OW/Monitor/Deloitte, and of course the cutoffs will probably be different for different firms. I'm at a top 5 UG...
    FT Interview GPA Cutoffs/Ranges
  • Guys, I tried looking at older posts, but wasn't getting it. I have the acquiring co. buying the target for $380m. From that, $250m is supposed to be debt and the rest cash. I'm going through the adjustments to pro forma the combined cos. balance sheet. The buyer has a negative cash...
    Debt/free cash free, how do you balance the BS in a merger?
  • The Fed said today that the economy's getting better, so they may taper asset purchases at some point later this year/early next year. If they said the economy's getting better, why did stocks fall? is it fear? uncertainty? can someone please explain? Apologies in advance if this is a...
    Why did the stock market fall today, after the FOMC statement?
  • I've asked similar questions before, but I'm wondering how much student debt the average target has on here? I'm generally extremely against debt, and am hesitant to take out loans even for a target school. I hope there is a way into a top MBA without a top undergraduate degree so...
    How much student debt do you have?
  • All, I am a senior, graduating in December from a non-target school, with a BS in Economics, minor in philosophy. I have previous internships in politics and finance. My goal is to land an entry level position anywhere in finance, but preferably an analyst program at a middle market investment...
    Senior, needs advice
  • I've always been curious about how things work in the world of C-Suite executives and board of directors. Just when do they make the decision that XYZ, who is the face of the brand, have stayed too long in the game to matter...
    How Much Value Can One Person Carry For a Brand?
  • What models that you learn in banking are also used in PE? Just LBO models or do you also sometimes do DCFs, comps, merger models, sum-of-parts, etc? I'm assuming you need to be able to build 3-statement operating models to power the LBO...
    Models used in Private Equity
  • It's been going on for a few years, and it looks like it's intensifying. Prop shops such as GETCO, Peak 6, Archelon, Hard Eight, Allston, and others are going more into customer based businesses such as internal hedge funds and services. This article discusses this trend. Is this proof...
    Prop shops diversifying their businesses
  • Have taken a couple introductory stats and econometrics courses, but want to get good enough to do light time series analysis. Problem is its been many years since my last calculus course so i'd like to build a math foundation first. Any tips on the quickest way to do so? Books and other...
    Math Needed for Econometrics?
  • Hey guys, you may have noticed that we have just launched a new header to try and bring us closer to a Web 3.0 look. Less clutter, etc. It may take a while to get used to and we still have some cool changes to bring to it, but I think once we're done you'll be very happy with the...
    New Header Live but Not Done...Version 1.0
more

Upcoming Events

  • Financial & Valuation Modeling Boot Camp (Los Angeles)
    Jun 20 2013 - 8:00am - Jun 22 2013 - 5:00pm
  • London WSO Drinks
    Jun 20 2013 - 2:30pm - 4:30pm
  • Financial and Valuation Modeling Boot Camp (San Francisco)
    Jun 27 2013 - 9:00am - Jun 28 2013 - 5:30pm
  • Crowdfunding Conference, June 27, The Yale Club New York
    Jun 27 2013 - 11:30am - 7:30pm
  • NYC WSO Pre-Conference Happy Hour (Friday June 28th, 7PM)
    Jun 28 2013 - 7:00pm - 10:00pm
more

Highest Ranked Content

  • Week
  • Month
  • Year
  • All Time
  • Comments
<em>Mod note: make sure to see the great comment below by CompBanker</em> I come from a small town where nobody had ever heard of consulting or IB. I was fortunate enough to attend a top target college (a good Ivy) and land a gig in IB at a BB/EB. I'm starting full time this...
Finance Culture - Personalities
<strong>Background</strong> I randomly discovered WSO nearly seven years ago just weeks after I secured a FT MM IB position. The website was extremely nascent at the time with only a few thousand registered users. The majority of the users were college students with only a handful...
How WSO has enhanced my IB/PE career
<em>Mod note: <strong><a href="http://www.wallstreetoasis.com/faq/what-are-the-best-qa-threads-and-interviews-with-top-finance-professionals-on-wso ">Click here</a></strong> to see all of our q&a's and interviews</em><P> I figured I...
Open for Questions - Equities in Dallas
After over one year in the making, the <strong><a href="http://www.wallstreetoasis.com/2013-wso-compensation-report-full">2013 WSO Compensation Report</a></strong> is here! Access to the FULL 108 page 2013 WSO Compensation Report is <strong>100%...
2013 WSO Compensation Report has Arrived
Where do i even start..I learned so much from this forum. The brutally honest opinions, sincere willingness to help, the technical information and random tips on everything has been absolutely crucial for me landing this offer. Coming from a non-target I didnt get that 3rd year SA position at...
Thank you WSO! Got my FT Offer! ADVICE NEEDED
When I first started as a PE analyst, I constantly struggled with judging the amount of time I should spend on reviewing sourced deals. How much time is enough to really get a handle on the company’s revenue streams? How granular do I need my analysis to be on industry threats? With this...
Misguided Efforts: A Cautionary Tale
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)
Many of the questions that have come in surround recruiting for front office Wall Street careers from a non-target so we’ll start with some ideas for recruiting, move on to interviewing, preparing for the job and finally long-term career management advice. Before we begin, it has been...
Stand Out as a Non-Target: Recruiting (Part 1 of 4)
Any Asset Management people here who could give me some insights on it, such as the nature of the work, the pay, the hours, the potential for career advancement, ect? I was looking into IB before but I've decided that I would rather pursue a career that's more intellectually...
Asset Management a better choice than Investment Banking?
<img src="//img.pandawhale.com/48721-Sexually-Oblivious-Female-Meme-Ze2w.png" alt="Sexually Oblivious Female Meme - Favorite Position? I would like to be a CEO.">
If you could be the richest person in the world with your dream job only as a public virgin forever would you do it?
more

Recent Jobs

  • Director - Credit, Commodity Finance
  • Real Estate Investment Banking Analyst
  • Funded Internet Startup Seeks Corporate Clients Managers
  • Financial Research Associate for Funded Growth-Stage Internet Startup
  • Business Development Associate
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 Braverman1161
TNA1120
CompBanker939
happypantsmcgee744
IlliniProgrammer726
UFOinsider642
TheKing625
BlackHat595
rufiolove441
Nouveau Richie425
more

Top WSO Members

  • Total Bananas
  • Active Monkeys
UserBanana Points
Edmundo Braverman14705
TNA13711
WallStreetOasis.com12207
UFOinsider10475
happypantsmcgee9627
IlliniProgrammer9257
CompBanker8755
AndyLouis6134
Siberian Husky5865
monty095427
more

New Groups

  • Houston Targets
  • Belgium going Wall Street
  • Liberal Arts Colleges Graduates
  • McCombs Monkeys (University of Texas at Austin)
  • WSO Pittsburgh
  • Denver Professionals
  • Minneapolis Bankers
  • Non-Target Networking in NYC
  • Prep School Bankers
  • Commercial Real Estate
more

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

As Seen In

Sister Site

Syndicate content