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WallStreetOasis.com » Forums » I-Banking Bullpen

Jeffrey Chiang: You will never in your life ever work on Wall Street. Forum's RSS Feed

b2's picture
by b2 User's RSS Feed (Gorilla, 530 Banana Points Points) on 10/21/09 at 11:37pm
Jeffrey Chiang: You will never in your life ever work on Wall Street.

enuf said.

if you don't know the story behind this clown, ask one of your banking friends. i'm sure his notorious email must've rounded all the banks by now.

And, I know you frequent this forum, JC. goes to show you how small the Street is.

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Tags:
  • Morgan Stanley
  • jeffrey chiang
  • BoA-ML
  • I-Banking Bullpen
Hedge Monkey's picture

what bank does he belong to?

by Hedge Monkey User's RSS Feed (Baboon, 166 Banana Points Points) on 10/21/09 at 11:40pm

what bank does he belong to?

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Bernanke23's picture

Anyone have a copy of the

by Bernanke23 User's RSS Feed (Senior Monkey, 72 Banana Points Points) on 10/21/09 at 11:49pm

Anyone have a copy of the e-mail?

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Devils Advocate's picture

Hahah ya. We were forwarding

by Devils Advocate User's RSS Feed (Senior Gorilla, 782 Banana Points Points) on 10/22/09 at 12:04am

Hahah ya. We were forwarding it around at work today.

I'll post it tomorrow morning if noone does by then.

Dude (from UT Business Program) is honestly done.

Every bank, consulting firm, and buyside shop has a copy of the email now.

Prime example of why you don't fucking lie during the recruiting process.

Key points from the email:

- He MANUFACTURED a BofA-ML full-time offer email and sent it to Morgan Stanley as leverage.

- He threw a bitch fit with the traveling department of a firm regarding wanting to stay at the Four Seasons. His rudeness was so bad that the travel agent reported his behavior to HR.

EVERY firm on the Street now has a copy of the email as well as a resume.

Game Over.

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  • 0
sighm0an's picture

Someone just post it up

by sighm0an User's RSS Feed (Senior Baboon, 199 Banana Points Points) on 10/22/09 at 12:12am

Someone just post it up please?

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b2's picture

Seems as if this kid has

by b2 User's RSS Feed (Gorilla, 530 Banana Points Points) on 10/22/09 at 12:30am

Seems as if this kid has always been scum.

Some just dug this up for me:

-----

"So during winter 2007-2008, Merrill Lynch has a four week long internship.

It invites five interns. They shall go unnamed except for Jeffrey Chiang. Jeffrey Chiang is a student at the University of Texas at Austin and formerly interned at Goldman Sachs. *I am not one of the interns*. I have no proof of this, and all I have is my word.

Internship: cold calls, generate sales lead. A large part of the internship included cold calling and selling some of ML's products to them. This selling part also included getting their email for newsletters.

What Jeffrey Chiang did: instead of calling, he sat there all day. Then, to prove his worth, he made up emails such as... charlie@gmail.com

Well, what about bounceback (when an email is sent and returned because the address does not exist?). Well.. Jeffrey Chiang, although unethical, is quite smart. He pressured the person typing the emails in not to type his.

Basically, everyday when Jeffrey Chiang turned in his sheets containing emails, none of the emails were typed in, but to the supervisors, it appeared as if Jeffrey was contributing.

It gets even better. When Jeffrey Chiang's practices were finally uncovered, a quick call to all the interns and database check showed he was guilty. Nonetheless, he vehemently denied his actions. Even though he blatantly admitted them to the other interns.

The next day, Jeffrey attempted to bribe one of the interns to keep his mouth shut. $20 for not saying anything. I think the look on the intern's face summarized the intern's reply.

Today, Friday, is the last day of the internship. Several are still there. I, obviously, am not. I have decided to let the world know, that Jeffrey Chiang is scum.

People like Jeffrey Chiang is what the subprime is in trouble."

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whooop's picture

I have no idea what you guys

by whooop User's RSS Feed (Monkey, 61 Banana Points Points) on 10/22/09 at 12:39am

I have no idea what you guys are talking about..

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monkeyinasuit's picture

sounds like an up and coming

by monkeyinasuit User's RSS Feed (Senior Baboon, 175 Banana Points Points) on 10/22/09 at 12:52am

sounds like an up and coming Enron exec...

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RWP's picture

5k

by RWP User's RSS Feed (Baboon, 130 Banana Points Points) on 10/22/09 at 1:31am

i like the 5k marathon part

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wharandpeace's picture

I knew this kid personally

by wharandpeace User's RSS Feed (Chimp, 5 Banana Points Points) on 10/22/09 at 1:33am

Holy crap. Even people who don't know him are talking about him? This is crazy. He is most definitely a compulsive liar. He went around telling everybody that he was accepted to HBS and did an internship at Goldman soph year. It's not hard to believe that something like this would happen. I always knew his lying would catch up to him, but not on some forum. This world never ceases to amaze.

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models_and_bottles's picture

This guy was in several of my

by models_and_bottles User's RSS Feed (Orangutan, 257 Banana Points Points) on 10/22/09 at 1:40am

This guy was in several of my classes. Always seemed like a really, really hyper guy but was otherwise cool. Had no idea of his shenanigans. He always talked about his ML and GS internships. Definitely curious to see this email and hear some stories.

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Ruby Rhod's picture

I'd be interested

by Ruby Rhod User's RSS Feed (Baboon, 113 Banana Points Points) on 12/6/09 at 11:32pm

I'd be interested in seeing his resume

______________________________
Freeze those knees, my chickadees!

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sighm0an's picture

Someone pleassssssssse post

by sighm0an User's RSS Feed (Senior Baboon, 199 Banana Points Points) on 10/22/09 at 2:50am

Someone pleassssssssse post it?!!

This suspense is killing me.

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Ruby Rhod's picture

.

by Ruby Rhod User's RSS Feed (Baboon, 113 Banana Points Points) on 10/22/09 at 7:46pm

.

______________________________
Freeze those knees, my chickadees!

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sunshine8's picture

Not posting his resume,

by sunshine8 User's RSS Feed (Chimp, 1 Banana Points Points) on 10/22/09 at 3:52am

Not posting his resume, though there are some interesting things on there... Here are the intial emails before the chain started going out across the world. As someone mentioned earlier, he goes to UT Austin.

From: xxxxx (BoAML person)
Sent: Thursday, October 15, 2009 4:43 PM
To: xxxxxxxxxxxxxxxxxxxxxxx (Other people at other banks)
Subject: FW: Jeffrey Chiang

I don't know if this guy has come up on your radar screens in terms of analyst recruits, but you need to be warned about him. I should have been tipped off by the fact that he ran a "5K marathon" on his resume.
I just figured something got lost in translation.

I interviewed him on campus, and while he was pretty weird/intense, he seemed like somebody who would crank and potentially make for a good analyst, so we waved him in for an office visit.

Things started going bad for him when I got a call from our HR department about him during our Superday. In making his travel arrangements with our travel agent, he had apparently made a big stink about needing to stay at the Four Seasons and blew up on the travel person. It was apparently bad enough that she went to the trouble to inform our HR department.

Our Superday reviews on him were pretty mixed, nonetheless. He had spent a summer at Gulfstar, so I did a bit of checking on him there, and it became clear that they were also very unimpressed with the way that he carried himself. So, we dinged him, but that is not where the story ends.

He had told one of the associates in our office that he was in the second round of interviews for MS's Palo Alto office. Well, our associate happened to mention this to his friend that works in the MS Palo Alto office and the associate at MS said that Jeff had had only had a phone interview but had indicated that he had an offer from BAML.
When the MS team asked him to send proof of his offer, he manufactured the email below and forwarded to the MS team.

We have notified UT of this joker's behavior, but needless to say, this guy shouldn't be able to get a job at McDonalds after a stunt like this.

xxxxx

-----Original Message-----
From: xxxxx (MS person)
Sent: Wednesday, October 14, 2009 12:58 AM
To: xxxxx (BoAML person)
Subject: FW: Bank of America Merrill Lynch Interviews

This is what Jeffrey sent Morgan Stanley to prove he received an offer from your firm. Given you told me you dinged him, should I assume this is fake? If so, that's unbelievable and his school should be notified, he shouldn't get a job anywhere on Wall Street.

-----Original Message-----
From: xxxxx (Morgan Stanley person)
Sent: Tuesday, October 13, 2009 10:47 PM
To: xxxxx (Another MS person)
Subject: Fw: Bank of America Merrill Lynch Interviews

----- Original Message -----
From: Jeffrey Chiang
To: xxxxx (Morgan Stanley person)
Sent: Tue Oct 13 22:52:34 2009
Subject: FW: Bank of America Merrill Lynch Interviews

Best Regards,

Jeffrey Chiang
Business Honors Program & Finance
Economics Honors & Advertising Honors
McCombs School of Business
The University of Texas at Austin
Email: xxxxx
Cell: xxxxx
________________________________________
From: Park, Diana
Sent: Friday, August 21, 2009 3:36 PM
To: Jeffrey Chiang
Subject: RE: Bank of America Merrill Lynch Interviews

Hi Jeff,

Everyone was very impressed with your interviews today. We are excited to formally extend to you an offer to join Bank of Ameria Merrill Lynch as an analyst next summer. You should be getting documentation in the mail to sign very shortly. If you have any further questions please feel free to email me. Again, congratulations and we look forward to having you join us next year.

Best,
Diana

-----Original Message-----
From: Jeffrey Chiang
Sent: Thursday, August 20, 2009 4:28 PM
To: Park, Diana
Subject: Bank of America Merrill Lynch Interviews

Ms. Park-

I just wanted to follow up with you regarding my interviews and the recruiting process for Bank of America Merrill Lynch and where they are in the process. Please shoot me back an email when you can. Thanks for all your help.

Best Regards,

Jeffrey Chiang
Business Honors Program & Finance
Economics Honors & Advertising Honors
McCombs School of Business
The University of Texas at Austin
Email: xxxxx
Cell: xxxxx

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Genesis's picture

Amazing.

by Genesis User's RSS Feed Certified User (Senior Orangutan, 398 Banana Points Points) on 10/22/09 at 4:10am

Amazing.

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pacmandefense's picture

Jeffrey Chiang’s Groups:

by pacmandefense User's RSS Feed (Senior Monkey, 88 Banana Points Points) on 10/22/09 at 4:14am

Jeffrey Chiang’s Groups:

* Texas Exes/University of Texas at Austin Texas Exes/University of Texas at Austin
* McCombs BBA Alumni Network McCombs BBA Alumni Network
* Harvard Business School SVMP Alumni Association Harvard Business School SVMP Alumni Association

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balooshi's picture

The kid's, got moxy... You're

by balooshi User's RSS Feed (Orangutan, 284 Banana Points Points) on 10/22/09 at 4:59am

The kid's, got moxy...

You're Hired!!

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ideating's picture

...

by ideating User's RSS Feed (King Kong, 1584 Banana Points Points) on 10/22/09 at 5:02am

Love the tone of the offer email, typo aside.

Truly amazing. The funny thing is he may have gotten away with it if he didn't forward the email on to MS.

You really have to wonder about the thought process required for some college senior to throw a fit to stay in the Four Seasons on an interview trip...

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7S's picture

amazing...i got that email

by 7S User's RSS Feed (Senior Baboon, 218 Banana Points Points) on 10/22/09 at 5:25am

amazing...i got that email too

if this continues, this guy will never be able to work in any big corporate

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MMBinNC's picture

Who would be this retarded,

by MMBinNC User's RSS Feed (Gorilla, 733 Banana Points Points) on 10/22/09 at 5:41am

Who would be this retarded, all he needed to do was work hard to actually do work during his internship...I mean he got interviews this year... Then he went a step further and forged a offer-esque letter to MS, from a bank at which he did not even interview in person yet....not to mention he had not interviewed in person at MS yet. If you were going to lie, why lead them on a track to discover your entire conspiracy. Did he seriously think that no-one would even try to follow up? I guess he got cocky from not getting caught from the MS thing. Is it not illegal to forge a letter of that nature? Identity Theft, Fraud, etc. Maybe only if he got the job...well don't worry, he will never get a job on Wall Street (unless he's shining shoes)

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squirtle's picture

Disclaimer

by squirtle User's RSS Feed (Orangutan, 257 Banana Points Points) on 10/22/09 at 5:52am
b2 wrote:

enuf said.

if you don't know the story behind this clown, ask one of your banking friends. i'm sure his notorious email must've rounded all the banks by now.

And, I know you frequent this forum, JC. goes to show you how small the Street is.

I may have a J and C in my username, but I am not Jeffrey Chiang.

Sad thing is, I know the guy, and I never had any problems with him.

Wonder if this is grounds for expulsion from the university? I'd say it's a pretty big offense, and it surely does not bode well for the McCombs brand name.

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supib's picture

Lesson for all wallstreet-hopefuls

by supib User's RSS Feed (Senior Chimp, 23 Banana Points Points) on 10/22/09 at 6:36am

Ouch.

Big lesson for all wallstreet-hopefuls (I am one): don't ever lie, and be nice to people.

And bitching at the travel agent? What's up with that? I guess intern gigs at BBs can really inflate some people's ego, but one must realize that if you're an analyst, you're right at the bottom of the pyramid. I've seen all too many times IBD summer analysts thinking they are above IT directors of 5-year experience just because they are in IT, which is so very unfortunate.

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cphbravo96's picture

Damn

by cphbravo96 User's RSS Feed (Senior Gorilla, 999 Banana Points Points) on 10/22/09 at 7:08am

This dude is going to kill himself, or given his previous tendencies, fake his death.

Obviously he is getting what he deserves, but I couldn't imagine knowing that I would never be hired by a WS firm. Granted there are many more careers that this guy could pursue but it will be a far cry from making it rain on WS.

Usually I would say good luck, but this time I will have to go with good riddance.

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

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Brown_Bateman's picture

D

by Brown_Bateman User's RSS Feed (Senior Gorilla, 934 Banana Points Points) on 10/22/09 at 7:53am

Did anyone else notice that he spelt Bank of America wrong in the email he forged? lol

"We are excited to formally extend to you an offer to join Bank of Ameria Merrill Lynch"

.....................................
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Cornelius's picture

.

by Cornelius User's RSS Feed (King Kong, 1454 Banana Points Points) on 10/22/09 at 8:53am

.

------------
I'm making it up as I go along.

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Cornelius's picture

lol

by Cornelius User's RSS Feed (King Kong, 1454 Banana Points Points) on 10/22/09 at 8:52am

holy shit..you gotta feel sorry for all the other jeffrey chiangs at UT

------------
I'm making it up as I go along.

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WallStreetOasis.com's picture

it amazes

by WallStreetOasis.com User's RSS Feed Certified User (Neanderthal, 2407 Banana Points Points) on 10/22/09 at 10:10am

it amazes me that something like this seems to happen every year...it is like clock-work.

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Edmundo Braverman's picture

Who knows Jeffrey Chiang?

by Edmundo Braverman User's RSS Feed Certified User (Senior Neanderthal, 4292 Banana Points Points) on 10/22/09 at 10:55am

It's time to let Jeffrey tell his side of the story.

If you know Jeffrey Chiang, PM me with his contact info. I'd love to interview him and give him front page space to tell his side of the story.

Jeffrey, if you're reading this, get in touch with me and we'll talk. Maybe we can find a way to make some lemonade.

----------------
Follow Uncle Eddie on Twitter. Your girlfriend will love you for it.

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m2's picture

Funny story. The extent to

by m2 User's RSS Feed (Baboon, 151 Banana Points Points) on 10/22/09 at 11:48am

Funny story. The extent to which this guy is publicly destroyed on the web is a bit beyond good taste, isn't it? Posting his mail add and CV on Dealbreaker so all ego-free souls can have a go at somebody who's now globally declared a loser is beyond the Geneva internet conventions in my opinion. Who's to blame if this guy kills himself? Counterstrike?

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Alex_Kap's picture

Just got the E-mail from a

by Alex_Kap User's RSS Feed (Baboon, 165 Banana Points Points) on 10/22/09 at 11:56am

Just got the E-mail from a buddy at Citi, this thing is flying around, a lot of names copied in so far.

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energyib's picture

Reminds me of Alexey Veyner

by energyib User's RSS Feed (Senior Chimp, 23 Banana Points Points) on 10/22/09 at 12:29pm

The kid from Yale whose emails were doing the rounds a few years back.. forged his resume and there was that weird video resume showing him weightlifting, playing tennis and ballroom dancing lol

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MMBinNC's picture

Dude is slowly getting rid of

by MMBinNC User's RSS Feed (Gorilla, 733 Banana Points Points) on 10/22/09 at 2:17pm

Dude is slowly getting rid of all his online profiles and such. Look at this

http://www.google.com/search?q=jeffrey+chiang+Texas&btnG=Search&hl=en&sa=2

As you see he has a LinkenIn profile but when you click it it has been deleted...

http://www.linkedin.com/pub/jeffrey-chiang/13/705/9a0

But through the magic of Google cache....

http://74.125.155.132/search?q=cache:9aDWWCHK7VQJ:www.linkedin.com/pub/j...

Another is his facebook page/elect Jeff Chiang for 2nd Year Class Rep

http://www.facebook.com/group.php?gid=2233166170&ref=ts

Which previously looked like...

http://lh3.ggpht.com/_3QURMtp0v7M/SuCNDpCIuII/AAAAAAAAABk/2yTqrmpuzFo/s9...

Trying to hide...not working too well becasue "Jeffery Chiang" is the 31s most searched term on Google. lol

http://www.google.com/trends/hottrends?q=jeffrey+chiang&date=2009-10-22&...

I finally found his Facebook...but he deleted it....

http://www.google.com/search?hl=en&client=firefox-a&rls=org.mozilla:en-U...

Look at the 4th down...its deleted

www.facebook.com/jeffrey.chiang

You know its him b/c if you do the cached version

http://74.125.155.132/search?q=cache:qYe6Do31DlQJ:www.facebook.com/jeffr...

His friends are mainly Texas students or Alums.

Also, Dealbreaker is ripping him apart, email, phone number, address, I know more about this guy then I do of some of my friends.

Lol he is seriously f*cked for lying on his resume to this degree and dedication. All I've got to say is...

"what's wrong with working at mickey d's?
-fuld"

-------------------------------------
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MMBinNC's picture

-

by MMBinNC User's RSS Feed (Gorilla, 733 Banana Points Points) on 10/22/09 at 2:36pm

@Edmundo... doubt you will ever get in contact with him unless he comes forward to yo. His email, home address/home phone (at one point), etc. were posted on dealbreaker. He has to change his contact stuff or else face the barrage of emails that he is bound to get. I hope you get an interview with him, it be interesting to hear what he has to say.

-------------------------------------
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dayaaam's picture

lol don't you have anything

by dayaaam User's RSS Feed (Baboon, 128 Banana Points Points) on 10/22/09 at 2:34pm

lol don't you have anything better to do with your time than stalk this kid

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MMBinNC's picture

Obviously not

by MMBinNC User's RSS Feed (Gorilla, 733 Banana Points Points) on 10/22/09 at 2:41pm

Obviously not

-------------------------------------
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Banker88's picture

It's ok, Jeff can always

by Banker88 User's RSS Feed (King Kong, 1144 Banana Points Points) on 10/22/09 at 2:43pm

It's ok, Jeff can always consider a career in identity theft and check fraud.

-------
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Kanon's picture

@ banker88... you'd think

by Kanon User's RSS Feed (Orangutan, 365 Banana Points Points) on 10/22/09 at 2:47pm

@ banker88... you'd think people would learn from the Vayner kid, but here we are, a few yrs later and some douche pulls a similar move.

Like Patrick said, it's like clockwork. This time next year or year after, some other kid will do something just as stupid.

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grandpabuzz's picture

I go to UT and know the guy.

by grandpabuzz User's RSS Feed (Orangutan, 349 Banana Points Points) on 10/22/09 at 4:47pm

I go to UT and all I can say is way to ruin our school's reputation.

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Boutique Banking's picture

This is hilarious to

by Boutique Banking User's RSS Feed (Senior Orangutan, 379 Banana Points Points) on 10/22/09 at 4:45pm

This is hilarious to me...This kid is obviously a piece of shit. If he was that lazy during his internships, what makes him think he could have made it through a career in banking?

"I don't think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."
-John D. Rockefeller

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peventure's picture

A part of me actually feels

by peventure User's RSS Feed (Monkey, 31 Banana Points Points) on 10/22/09 at 5:51pm

A part of me actually feels bad for this kid. In trying to gain an edge he came up with a stupid idea that spiraled out of control. His career came crashing down before it even got going. But then again, if an undergraduate can throw a bitch fit over the Four Seasons, he probably deserves everything he is getting. Tough break.

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Boutique Banking's picture

The Four Seasons???....Fuck

by Boutique Banking User's RSS Feed (Senior Orangutan, 379 Banana Points Points) on 10/22/09 at 6:01pm

The Four Seasons???....Fuck that, I refused to stay anywhere but The Peninsula when interviewing in NYC...

In-case anyone is curious, the four seasons is right around $650-700 a night...

"I don't think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."
-John D. Rockefeller

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MoneyKingdom's picture

PUBLIC SCHOOL

by MoneyKingdom User's RSS Feed (Gorilla, 675 Banana Points Points) on 10/22/09 at 6:05pm

This is the kind of shit that kids in a public school do.

  • -1
Brown_Bateman's picture

Resume courtesy of dealbreaker

by Brown_Bateman User's RSS Feed (Senior Gorilla, 934 Banana Points Points) on 10/22/09 at 6:46pm

http://dealbreaker.com/images/thumbs/JChiang%20Resume.pdf

.....................................
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mergerarb15's picture

He has a solid resume. He

by mergerarb15 User's RSS Feed (Senior Baboon, 234 Banana Points Points) on 10/22/09 at 6:57pm

He has a solid resume. He could've likely gotten offers from BB's without the lie. Very unfortunate for him... he'll never get a job on Wall street. But perhaps this is what the kid needed. Its not the end of the world that he isn't working on wall street,hopefully he'll become a better person from it and be a cautionary tale to anyone considering it.

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GeneralThade's picture

I smell a lawsuit

by GeneralThade User's RSS Feed (Baboon, 166 Banana Points Points) on 10/22/09 at 7:00pm

I smell a lawsuit

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Ruby Rhod's picture

.

by Ruby Rhod User's RSS Feed (Baboon, 113 Banana Points Points) on 10/22/09 at 7:44pm

.

______________________________
Freeze those knees, my chickadees!

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jackofalltrades's picture

Why do people keep editing

by jackofalltrades User's RSS Feed Certified User (Gorilla, 748 Banana Points Points) on 10/22/09 at 7:49pm

Why do people keep editing and deleting their posts? Porto121?

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excelsior's picture

haha jesus his name is #34 on

by excelsior User's RSS Feed (Senior Baboon, 214 Banana Points Points) on 10/22/09 at 8:19pm

haha jesus his name is #34 on google trends, it was 20ish earlier http://www.google.com/trends/hottrends?q=jeffrey+chiang&date=2009-10-22&...

anyway, maybe im missing something but why did the guy call him out about his "5k marathon". I'm not familiar with running, but i guess 3 miles isnt a marathon?

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jackofalltrades's picture

A marathon specifically

by jackofalltrades User's RSS Feed Certified User (Gorilla, 748 Banana Points Points) on 10/22/09 at 8:42pm

A marathon specifically refers to the 26.2-mile race.

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Navigator's picture

To give you an idea how long

by Navigator User's RSS Feed (Chimp, 5 Banana Points Points) on 10/22/09 at 8:47pm

To give you an idea how long 5000 miles is, the circumference of our planet is a little under 25,000 miles around the equator. JC claims to have run around a fifth of our planet.

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