Revoked Offers

Why has there been no talk of offers potentially being revoked for people who did internships this summer who were offered (and accepted jobs) on the street. I would assume offers will be revoked. Is there any reason to believe a lot of offers will not be revoked?

 

Goldman handed out offers so late (at least for S&T), so unless things get even worse from here on out, then it was my impression that they would honor those offers. I had thought the whole point of them waiting so long to hand out offers was so that they would know how many people to hire for sure....but of course maybe that's just wishful thinking:)))

 

I have a friend who had a full time offer comming out of the summer with Bear Stearns. She had signed on to be full time the following July. When Bear fell she was laid off. They paid her a year's analyst salary and wroter her a letter of recommendation for law school. Worst comes to worst you bank $60K and look for another job.

 

if class of 2009 offers are revoked, it will not happen until late may, june of 2009, or a few weeks before training starts. There are no answers yet. Way too much to wade thru before getting to that point. Read/overheard comment of very little or no signing bouses or relocation pay for FT 09. Can anyone confirm?

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