Ivy League Football Mafia on Wall Street
http://www.bloomberg.com/news/2010-09-22/ivy-leag…
Penn’s athletic board of overseers includes George Weiss, founder of the George Weiss Associates Inc. hedge fund in Hartford, Connecticut; Robert Wolf, chairman and chief executive officer of UBS Group Americas in Stamford, Connecticut; and Mark Werner, the former JP Morgan Securities Inc. vice chairman who is co-founder and CEO of Pierpont Securities LLC, also in Stamford.
Having that kind of board helps the Quakers land better players, coach Al Bagnoli, who led the team to the Ivy League championship last season, said in a telephone interview from the school’s campus.
“We call them our alumni mafia,” Bagnoli said. “Everyone looks out for one another. It’s a very close group.”
Ivy leaguers on Wall Street? Wow. I'm blown away.
yeah i read this morning as well. Good for those guys
Two things that suprised me about this article:
Seems kind of light on hours for a Wall Street internship.
Seems kind of high for starting salary.
Things to keep in mind about the salary are (a) it could be a misquote and 'salary' could really mean 'compensation' (read: base + bonus) and (b) it's a hedge fund and their comp tends to be higher than and much less of a standard structure when compared to IB.
Regards
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