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is
 

The $100 Million IRA

bfin's picture
CF
(Neanderthal, 2,795
 
Points)
 on 8/9/12 at 10:28am

I know this isn't new and has been in the news but how is this even possible? Seems kind of ridiculous.

http://www.cnn.com/2012/07/18/opinion/kleinbard-ca...

What Is An Income Statement (IS)?

An Income Statement is one of the three financial statements that are used to value a company and to show inflows and outflows of value. The Income Statement lists all operational costs of the business as well as any income. It is always for a period of time (i.e. 1 year).

Some examples of items included on the income statement are:

  • Revenue
  • Cost of Goods Sold
  • Research & Development
  • Depreciation & Amortization
  • Earnings Per Share

Related Terms

Private Banking - What is Comp at VP+

sk8247365's picture
PE
(Gorilla, 529
 
Points)
 on 3/5/11 at 11:58am

It seems like PB entry level comp is in-line with other careers in finance (no need to tell me it is not as high as IB etc.).

What do the VP+ levels make? From my point of view, I do not see why they would start an analyst at 70k +10k bonus, and pay a VP Portfolio Manager 100K + 20k bonus. So I am assuming all in VP level is more $200-300k, with MDs between $300k-3MM, dependant of course on a lot of factors.

Can anyone shed some light on senior comp?

Is there an absolute best job for getting into a top MBA?

wolverine19x89's picture
O
(King Kong, 1,849
 
Points)
 on 2/26/11 at 2:48pm

I know that business schools will pretty much take people from any type of job as long as they meet their standards blah blah blah, but do any of you guys look at a specific type of job as the absolute best to get into one? pe? entrepreneurial experience? whatever?

From what I've been reading, it sounds like getting into a good pe firm is a pretty good boost for your resume, but I'm wondering what you guys think...

note: I tried searching for threads like this and the results of this thread will not influence my future hopeful career, so save it

Pro Forma Income Statements/Balance sheets

booga086's picture
O
(Orangutan, 290
 
Points)
 on 3/21/10 at 3:55pm

Anyone have pro forma income statements/balance sheets created from FS's off yahoo or google finance?

(I know in banking you wouldn't use yahoo/google finance, but this is for an academic model).

Thanks guys,

Interview question: Where do you see yourself in 5, 10, 15 years?

hellogoodbye's picture
IB
 
Points)
 on 1/5/10 at 10:28am

is it ok to say I see trading as a destination job and would like to stay in trading for a long time?

Wells SA

hellogoodbye's picture
IB
 
Points)
 on 12/21/09 at 12:59am

is it just me or does Wells Fargo still not have their SA app online yet?

Financial Sponsors

12345's picture
IB
 
Points)
 on 10/9/09 at 3:41pm

Is this still a good group? Will exit opps still be good if you work on only a few deals as an analyst?

Rejecting offers

pedaltodaflo's picture
IB
 
Points)
 on 9/26/09 at 8:26am

Is it considered taboo to want to keep in touch with HR and bankers at a bank that you rejected?

Do they automatically turn cold towards you?

Banks that are embarrassing to be part of

YellowLorrySlow's picture
HF
 
Points)
 on 9/2/09 at 3:47pm

Are there any banks that just get no respect? And I am referring to Bulge Brackets but also boutiques.

Like if you said you were from UBS, everyone would just start laughing.

who comes up with the actuall wording for CIMs/pitchbooks/offerings prospectuses?

pedaltodaflo's picture
IB
 
Points)
 on 7/25/09 at 12:02pm

is it the analysts? associates? company management?