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WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Depends on the shop/group.
Luckily, a natural check on the moral hazard of backstabbing (if it does exist in your group) is the reality that it's extremely difficult to get through the analyst stint all by yourself. So hopefully people realize that early on and aren't d*cks to each other.
That goes for the lower levels. Of course, at the senior levels, what may be "backstabbing" to one person might be slightly aggressive jockeying for position on a deal to someone else. But banks do favors for each other too, and woe is he who pisses off too many people up and down the Street.
When business starts drying up, the knives come out in force.
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