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What the F are we all doing?
This probably won't go over well, but can we have a discussion about why many of us are working the vast majority of our waking hours basically helping the richest people in the world become a little bit wealthier? I work in markets, which is a bit more shameless than IB, but still... despite what...
"Greedy" Perception of IBankers
During my senior year of high school, I remember telling my AP Bio teacher that I was interested in Ibanking or hedge fund management. And then she just gave me this look like, "you dirty greedy corporate whore. You're just going to be at that Devil Bank Goldman Sachs bank taking all my teachers...
D'Arruda All Evil
Often people forget things they deal with every day. A great example is the investment banker. Working on big figure deals which greatly impact global commerce and markets, sometimes can lead to forgetfulness. Namely, if the brand name bank you work for can function off a constant stream of lending...
Screw a career on wall street, I am getting a $ sniffing dog
Why work 80-hour weeks if you can just have a dog do all the work for you. This following story sounds unreal, but WSJ is pretty reputable. "To combat a thriving black-market in greenbacks, Argentina's government has taken to deploying tax inspectors with dollar-sniffing dogs." Essentially the...
The Full Monty
With the Energy Rodeo less than a week away, its a great time to give a NSFW intro style salute to our boy Monty09 and perhaps learn a little something bigger and better about life along the way. I remember sitting down with Monty back in the last days of August and shooting the breeze. After...
Vid: 4 Transactions of Bain Capital under Romney
Newt Super Pac has just released their 30 minute smear campaign. http://www.webcasts.com/kingofbain/ 22min to 25min is pretty entertaining Here are the four transactions: UniMac, KB Toys Inc., American Pad & Paper or Ampad, and DDI Corp. (DDIC) http://www.bloomberg.com/news/2012-01-10/gingrich…...
Ranieri to the Rescue
I remember the first time I read Liar's Poker. A young Midas was on his first ever flight back from Rio, reading about the legends of Salomon Brothers and feeling like King Salomon himself. Back in those days I would go into places like Club Monte Carlo and ask questions like " am I allowed to...
What path to take to become a true "baller?"
While most of the forums on WallStreetOasis talk about getting a job in IB /Trading, few posts talk about how to outshine the rest of the Monkeys one you're there. What I'm really curious about is what happens between the time a new trader/banker enters the firm until people know his name? Or until...
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