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I Didn't Think It Could Get Any Worse I was just shown a LinkedIn profile of a kid working as an Analyst who had a list of the offers he'd received through recruiting on his LinkedIn. Jesus Christ children! See picture attached to post. 2 weeks 5 hours
Time Limit for Staying on Sell Side?Hi Chaps, I'm currently staring down the barrel of an opportunity to switch to the buy-side from a sell side HY / DD desk, but it's to a fund which definitely isn't a top pick for distressed and is much more HY focused (distressed is where i want to focus). Is there an argument to just get... 2 months 3 days
Leasing Business EBITDA Hey chaps, So, when looking an companies which have D... 2 months 6 days
European RXing docs - Towergate Because i know the difficulties of learning restructuring from the outside, particularly in Europe, below is a link of the initial docs which detail the restructuring of Towergate, a UK insurance broker which is going through a Scheme. http://www.towergate.com/in-the-media/press-releases-2015/... 4 months 3 weeks
Inserting Tables / Excel into Threadswould be great if we could easily insert a table or excel screen shot into threads as a comments for when running through technicals with examples. 5 months 3 weeks
LALA Letter to Investors - the FT did a funny This made me chuckle, from the FT. Dear investor in Lex Advanced Long/Short Advisers, Time is an arbitrary concept. We draw your attention to this unappreciated point as we report performance year to date. Lala is active across the asset spectrum and we have seen what we at Lala call “... 7 months 2 weeks
CFA L3 Results How's it going chaps? Results day. And I'm glad to report, i'll never have to sit a CFA exam ever again. Such a good feeling!! 10 months 3 weeks
ROIC Tax Element For the tax element, some people take an assumption / effective industry rate, others use actual tax expense. Where do you chaps stand? Personally, if you take the actual tax expense paid, it makes comparisons between companies hard, but you are also giving the company the benefit of its... 1 year 1 month
Blackstone RR vs. Lazard M&AEDIT: I have no idea what this thread title has to do with the body, someone kindly replied to the OP body and bumped it. Apologies. EDIT #2: it was probably my using such a WSO fapptastic title to attract readers and actually get a convo off the ground..... So chaps, I've looked at a lot of... 5 months 2 weeks
Site All Sort of Messed UpMessages have gone back to dark ages, "buttons" missing....i dunno, everything seems to have lost its way. 1 year 3 months

Comments

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Consulting Salaries in London is S***![quote="Jameslair"]How's that even possible! That is definitely not a living wage.[/quote] People in normal jobs are still living pay cheque to pay cheque into their 30s. No one can save to buy a house, it's a pretty big issue. 1 day 23 hours
Consulting Salaries in London is S***![quote=Jameslair]Even then, assuming a grad salary of 32k, after paying tax and NI deductions, a grad would be left with 24k. Thats 2k a month, spending 800+ on rent is crazy!!! I would assume most grads would have student loans to pay and on top of that phone bills, food, transport etc.. It is... 2 days 5 hours
Consulting Salaries in London is S***!are we using "PS" to mean pounds sterling? WTF?! 4 days 7 hours
IB Exit Ops in SportsJust do a Marc Lasry: start a fund and get rich enough to buy a team 5 days 13 hours
What to do when everything interests you?[quote=adventure4life]Thanks for responding man I really appreciate it. Just curious, why you say that? I know IB teaches you a skill set that is second to none and I know I have the work effort to and my old boss at MS WM said I had one of the best work ethics he had ever seen. But I am nervous I... 1 week 1 day
What to do when everything interests you?Do M&A. Do it for two years, then buyside. And then you can obsess about public markets until your heart's content 1 week 1 day
Pricing unsecured senior notesIssuer goes to bankers (or the other way round), bankers do their thing, bankers pre-market to leads / anchor investors who dictate the initial structure and then bankers and lawyers put together docs. Then, sales guys, bankers and mgmt roadshow the issuer at guided structure and coupon / yield at... 1 week 1 day
Ski Lodge ModelWould love this out of curiosity too (nothing to do with my dream of sacking off finance and working in the mountains) 1 week 2 days
IRR on a loanYou have to think of the return upon the capital that the loan provides. If the company is borrowing and doing nothing with it then yes, -ve IRR. But if they're investing in Accretive projects, then +ve IRR 1 week 2 days
Standing Desk - 1st Year Analystmy old firm used to have these awesome motorized desks which you could adjust to any height at a touch of a button.....pray for one of those i suppose? 1 week 3 days