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Wall Street Oasis » Forums » I-Banking Bullpen
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The End of The Show
 

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Tier2Sta's picture
Tier2Sta
      IB
 
 
(Orangutan, 290
 
Points)
 on 4/30/12 at 8:04pm
show.jpg

It is time...

...After 6 years Tier2sta is also leaving the industry....

Why? A lot of what Mr Ridley states is true...

  • This thing's not as lucrative as most people imagined, definitely not so now that so much of the above base comp is deferred / deferred stock
  • Banks don't know what business model actually works, they have no idea how to get their ROE back up to where it was pre-2008
  • IBD teams are too thin, at officer level it means there is not enough depth in resource / quality resource below you to do effectively the things you want to do without constantly stepping down to clean up, mop up, fix, re-do.../li>
  • The glamour isn't what it used to be, and because of the increased levels of stress generally it is less fun
  • My contacts are as good as my business card in most cases (there are exceptions but a large proportion of clients I have interacted with see me in exactly the same way they see my peers at other banks, these are not deep and meaningful relationships and they are driven by the product my bank can offer)
  • My sector knowledge is superficial (I covered the same sector throughout). I could never learn about the sector properly through IBD. The more senior I became the more frustrating this became

So I am stepping down. Been a good ride. Some fond memories. But I think now is the time to try something else.

Peace...

From the ghetto....
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Tags:
  • leaving banking
  • I-Banking Bullpen
TheKing's picture

Congrats on getting out of

TheKing
      O
 
 
(Senior Neanderthal, 5,146
 
Points)
 on 4/30/12 at 9:27am

Congrats on getting out of the rat race. You have any specific plans?

Check out my WSO Blog

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UFOinsider's picture

Tough decision, thanks for

UFOinsider
      O
 
(Human, 10,349
 
Points)
 on 4/30/12 at 9:45am

Tough decision, thanks for sharing. Any plans for what's next?

FWIW, good luck in all you do going forward

YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...

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Anacott_CEO's picture

Good luck, I'm sure you had a

Anacott_CEO
      CF
 
(King Kong, 1,259
 
Points)
 on 4/30/12 at 9:49am

Good luck, I'm sure you had a good run. What's next?

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Human's picture

Thanks for sharing. Best of

Human
      PE
 
 
(King Kong, 1,891
 
Points)
 on 4/30/12 at 9:55am

Thanks for sharing. Best of luck in your future endeavors.

"I am the hero of the story. I don't need to be saved."

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Nefarious-'s picture

Are you taking the IBD -->

Nefarious-
      CF
 
(Neanderthal, 2,216
 
Points)
 on 4/30/12 at 9:56am

Are you taking the IBD --> Street Musician path as well?

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

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Abdel's picture

I guess I'll just become a

Abdel
      O
 
(Neanderthal, 2,064
 
Points)
 on 4/30/12 at 10:37am

I guess I'll just become a farmer.

Thanks for sharing your story...even though we're all happy for you, it is quite disturbing for the up & coming guys.

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chicandtoughness's picture

Agreed with Abdel. I'm glad I

chicandtoughness
      CS
 
 
(Senior Gorilla, 980
 
Points)
 on 4/30/12 at 10:49am

Agreed with Abdel. I'm glad I got out before I started; the volume of these "peace out" stories is getting unsettling. What's next on your roadmap?

"Accept no one's definition of your life; define yourself."
Currently: quantitative marketing/business development
Previously: management consulting, investment banking

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Relinquis's picture

Good luck with your future

Relinquis
      RE
 
 
(Neanderthal, 2,186
 
Points)
 on 4/30/12 at 10:57am

Good luck with your future endeavours...

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

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mob01's picture

Instead of your peace out

mob01
     
 
(Chimp, 10
 
Points)
 on 4/30/12 at 10:58am

Instead of your peace out stories some advice or words of encouragement would be nice.

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IlliniProgrammer's picture

I am thinking about getting

IlliniProgrammer
      ST
 
 
(Almost Human, 9,244
 
Points)
 on 4/30/12 at 11:09am

I am thinking about getting out, too.

http://online.wsj.com/article/SB100014240527023048...

If I work in finance at Exelon/ Commonwealth Edison, I'll be able to come home, flick the light switch, the lights turn on, and I can smile about what I do. If I work at Northern Trust and log in to check my bank account and see interest getting deposited from bank loans, I'll be happy. If I work at Pfizer and wake up on Saturday morning and read in the New York Times about our latest cancer drug, I'll be happy.

Money is good. Work is good. But as you hit your mid to late 20s, you begin to snap out of chasing castles in the sky and start getting the first inklings of your mortality as a few small hints of gray hair show up, as a few light wrinkles appear, and clocks begin to carry way more symbolism than a piece of furniture should. You look at the money you have in the bank, and it doesn't make you as happy as you thought it would have made you at 22.

What makes you happy? Friends. Hang gliding/golf/sailing/ things that get you out of the city with friends. Remembering the things you did in college that helped make the world a better place. The arts (sometimes). Spiritual stuff. Money is nice in that it gives you freedom and financial security, but it's not a substitute for the human experience. Kids would probably make me happy too, but they're an 18-year-commitment.

Come to Wall Street. Spend two years working your butt off; spend another two if you can spend your weekends having fun. Enjoy a glass or two; just don't get drunk on it. Cause the hangover is a real bitch.

Work hard, play hard.

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UFOinsider's picture

IlliniProgrammer: Come to

UFOinsider
      O
 
(Human, 10,349
 
Points)
 on 4/30/12 at 11:11am
IlliniProgrammer:

Come to Wall Street. Spend two years working your butt off ... Taste it, enjoy it; just don't get drunk on it. Cause the hangover is a real bitch.

This is perfectly stated.

YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...

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Ultima-RDK's picture

Abdel: Thanks for sharing

Ultima-RDK
      CD
 
 
(Orangutan, 305
 
Points)
 on 4/30/12 at 11:35am
Abdel:

Thanks for sharing your story...even though we're all happy for you, it is quite disturbing for the up & coming guys.

This...

Good luck to you as well as you move forward. Thanks for sharing.

Sometimes lies are more dependable than the truth.

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IlliniProgrammer's picture

Instead of your peace out

IlliniProgrammer
      ST
 
 
(Almost Human, 9,244
 
Points)
 on 4/30/12 at 11:37am

Instead of your peace out stories some advice or words of encouragement would be nice.

Thanks for sharing your story...even though we're all happy for you, it is quite disturbing for the up & coming guys.

Our goal here is to impart wisdom. And it would be wrong of us to encourage you to do something without giving you the whole truth.

The bottom line is that one of the things that gives you pride in your work is the fact that it creates genuine economic value.

When you get to a financial firm, you're now talking about being three or four steps away from economic productivity. You don't get as much job satisfaction. There is no "I'm making the world a better place or at least helping to keep civilization running."

If you're straight out of school, you don't notice it for two years, and for two years after that, you can handle it without it getting to you. But eventually, if you're an intelligent person who isn't a total nihilist, it will get to you. And you need to keep that in mind as you go in.

The experience WILL help you with future jobs. And it WILL give you a lot of wisdom. And you WILL save up a decent nest egg if you live somewhat frugally. But most of you are going to discover at some point that your life is too valuable to spend it chasing seven figure salaries. Especially given the fact that this is a *shrinking* industry, not a growing one.

If I were starting over today at 22 with an offer from a top tier new york bank, I'd still take it. But I'd plan on staying for two years, not four. And I'd plan on leaving for corporate development or corporate finance at an F500 firm where I had a 50 hour/week job afterwards. Life is too short, and your working 20s are too precious to spend more than about one quarter of them in the money chase. You need to be chasing fun, families, wisdom, spirituality, and making the world a better place. And the sooner that you realize that your material accomplishments all turn to dust in 100 years, the happier your late 20s will be.

Work hard, play hard.

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Ultima-RDK's picture

IP: If you're straight out of

Ultima-RDK
      CD
 
 
(Orangutan, 305
 
Points)
 on 4/30/12 at 11:42am
IP:

If you're straight out of school, you don't notice it for two years, and for two years after that, you can handle it without it getting to you. But eventually, if you're an intelligent person who isn't a total nihilist, it will get to you. And you need to keep that in mind as you go in.

The experience WILL help you with future jobs. And it WILL give you a lot of wisdom. And you WILL save up a decent nest egg if you live somewhat frugally. But most of you are going to discover at some point that your life is too valuable to spend it chasing seven figure salaries.

Yes. Thank you, IP.

Sometimes lies are more dependable than the truth.

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SECfinance's picture

IlliniProgrammer: Come to

SECfinance
      IB
 
(King Kong, 1,421
 
Points)
 on 4/30/12 at 11:44am
IlliniProgrammer:

Come to Wall Street. Spend two years working your butt off; spend another two if you can spend your weekends having fun. Enjoy a glass or two; just don't get drunk on it. Cause the hangover is a real bitch.

IP, this may be the best thing you've ever said.

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barf's picture

Now seems like the worst time

barf
     
 
(Monkey, 53
 
Points)
 on 4/30/12 at 11:47am
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IlliniProgrammer's picture

'fraid so barf. Though I

IlliniProgrammer
      ST
 
 
(Almost Human, 9,244
 
Points)
 on 4/30/12 at 12:07pm

Work hard, play hard.

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rufiolove's picture

UFOinsider: IlliniProgramme

rufiolove
      IB
 
 
(Neanderthal, 3,412
 
Points)
 on 4/30/12 at 12:13pm

1/2 of the WSO Bash Brothers
"Licensed to Ill It"
We all know Bro J did it...

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Edmundo Braverman's picture

Just waiting for the college

Edmundo Braverman
      ST
 
 
(Human, 14,408
 
Points)
 on 4/30/12 at 12:18pm

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IlliniProgrammer's picture

Edmundo Braverman: Just

IlliniProgrammer
      ST
 
 
(Almost Human, 9,244
 
Points)
 on 4/30/12 at 12:34pm

Work hard, play hard.

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Abdel's picture

IlliniProgrammer: Edmundo

Abdel
      O
 
(Neanderthal, 2,064
 
Points)
 on 4/30/12 at 12:44pm
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Nefarious-'s picture

IlliniProgrammer: Edmundo

Nefarious-
      CF
 
(Neanderthal, 2,216
 
Points)
 on 4/30/12 at 12:45pm

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

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moneymogul's picture

I've always wondered how in

moneymogul
      IB
 
(Senior Orangutan, 456
 
Points)
 on 4/30/12 at 12:45pm
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happypantsmcgee's picture

Abdel: IlliniProgrammer:

happypantsmcgee
      O
 
 
(Almost Human, 9,621
 
Points)
 on 4/30/12 at 1:04pm

If I had asked people what they wanted, they would have said faster horses - Henry Ford

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IlliniProgrammer's picture

Nefarious-: IlliniProgramme

IlliniProgrammer
      ST
 
 
(Almost Human, 9,244
 
Points)
 on 4/30/12 at 1:19pm

Work hard, play hard.

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Nefarious-'s picture

IlliniProgrammer: Nefarious

Nefarious-
      CF
 
(Neanderthal, 2,216
 
Points)
 on 4/30/12 at 1:43pm

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

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Faddy's picture

Some serious knowledge being

Faddy
     
 
(Baboon, 112
 
Points)
 on 4/30/12 at 1:48pm
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Faddy's picture

Double post, thanks again for

Faddy
     
 
(Baboon, 112
 
Points)
 on 4/30/12 at 1:52pm
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IlliniProgrammer's picture

Abdel: The plan for everyone

IlliniProgrammer
      ST
 
 
(Almost Human, 9,244
 
Points)
 on 4/30/12 at 1:58pm

Work hard, play hard.

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Nefarious-'s picture

Faddy: Some serious knowledge

Nefarious-
      CF
 
(Neanderthal, 2,216
 
Points)
 on 4/30/12 at 2:01pm

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

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Abdel's picture

IlliniProgrammer: Abdel: Th

Abdel
      O
 
(Neanderthal, 2,064
 
Points)
 on 4/30/12 at 2:08pm
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moneymogul's picture

I have similar aspirations to

moneymogul
      IB
 
(Senior Orangutan, 456
 
Points)
 on 4/30/12 at 2:12pm
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TheKing's picture

Whenever I'm out having fun

TheKing
      O
 
 
(Senior Neanderthal, 5,146
 
Points)
 on 4/30/12 at 2:16pm

Check out my WSO Blog

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IlliniProgrammer's picture

Abdel: I just

IlliniProgrammer
      ST
 
 
(Almost Human, 9,244
 
Points)
 on 4/30/12 at 2:21pm

Work hard, play hard.

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moneymogul's picture

Because it'd probably require

moneymogul
      IB
 
(Senior Orangutan, 456
 
Points)
 on 4/30/12 at 2:31pm
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SamuelClemens's picture

These topics are getting kind

SamuelClemens
      PT
 
(Baboon, 115
 
Points)
 on 4/30/12 at 2:33pm
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Abdel's picture

IlliniProgrammer: Abdel: I

Abdel
      O
 
(Neanderthal, 2,064
 
Points)
 on 4/30/12 at 2:39pm
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IlliniProgrammer's picture

moneymogul: Because it'd

IlliniProgrammer
      ST
 
 
(Almost Human, 9,244
 
Points)
 on 4/30/12 at 2:40pm

Work hard, play hard.

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SF_Reg's picture

TheKing: Whenever I'm out

SF_Reg
     
 
(Senior Monkey, 94
 
Points)
 on 4/30/12 at 3:03pm
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moneymogul's picture

But if you exit with $500K in

moneymogul
      IB
 
(Senior Orangutan, 456
 
Points)
 on 4/30/12 at 3:16pm
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Abdel's picture

moneymogul: But if you

Abdel
      O
 
(Neanderthal, 2,064
 
Points)
 on 4/30/12 at 3:17pm
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moneymogul's picture

Well that's a nice goal that

moneymogul
      IB
 
(Senior Orangutan, 456
 
Points)
 on 4/30/12 at 3:20pm
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Nefarious-'s picture

moneymogul: Well that's a

Nefarious-
      CF
 
(Neanderthal, 2,216
 
Points)
 on 4/30/12 at 3:24pm

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

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SamuelClemens's picture

I might as well give trading

SamuelClemens
      PT
 
(Baboon, 115
 
Points)
 on 4/30/12 at 3:30pm
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TheSquale's picture

It's look like Tier2Sta

TheSquale
      AM
 
(Senior Orangutan, 387
 
Points)
 on 4/30/12 at 3:58pm
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IlliniProgrammer's picture

TheSquale: But as said

IlliniProgrammer
      ST
 
 
(Almost Human, 9,244
 
Points)
 on 4/30/12 at 4:22pm

Work hard, play hard.

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TheSquale's picture

You should be

TheSquale
      AM
 
(Senior Orangutan, 387
 
Points)
 on 4/30/12 at 4:43pm
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UFOinsider's picture

Edmundo Braverman: Just

UFOinsider
      O
 
(Human, 10,349
 
Points)
 on 4/30/12 at 4:49pm

YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...

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IlliniProgrammer's picture

TheSquale: You should be

IlliniProgrammer
      ST
 
 
(Almost Human, 9,244
 
Points)
 on 4/30/12 at 5:01pm

Work hard, play hard.

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Flake's picture

chicandtoughness: Agreed with

Flake
      ER
 
(Neanderthal, 3,599
 
Points)
 on 4/30/12 at 5:13pm

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.

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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.

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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.

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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.

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    need advice on equity research
  • Hey all. I will be recruiting this coming fall for a full time strategy consulting position and wanted to know your thoughts on my resume, my background, my chances at getting interviews, etc. I've thoroughly read both Case in Point and Case Interview Secrets, and have also networked quite a...
    Future consultant? Critique me!
  • Hi Monkeys, The WSO community has been such a help for me since my sophomore year when I learnt about investment banking and has been a huge support throughout my entire recruitment process. I've never done a post but the topics and resources that I have read have been fruitful. All of the...
    GOT AN SA OFFER!!! THANK YOU WSO
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    Is it cheesy to buy your MD cuban cigars for his birthday
  • Finished freshman year...working in finance dept. of country club. Resume is deplorable, no work experience or even relevant qualities that are hirable, let alone desirable. Can I spin this garb any more? I need an internship for fall but the chances may be slim and none. Let me know what you think...
    You might shed a tear...laughable.
  • I've heard that you should not do this because it is exhausting, you should stick to what you really want, etc. But how feasible is this? Do the major MF headhunters do both PE and HF or mostly specialize? I start later this summer and just wanted to get a feel for my options. Really...
    Recruiting for PE and HF at the same time
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I was writing an email to a fellow monkey who is about to start as a banking analyst in the summer. It's been a little over 5 yrs now since I was a wee young first-year analyst in restructuring for one of the Moelis/Houlihan/Evercore type firms (I call them the firms where most people will...
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Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS...
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<em>Mod note: Best of Bankerella - this was originally posted 10/1/12</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at IBD. Folks, why IBD? The finance world is broad and varied, and there are a million ways to...
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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...
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