NSFW Episode 6: Burnout, Bailing Out Europe, Wikileaks


PREVIOUS EPISODES:
NSFW Episode 5: Lehman Bankruptcy, TSA, Black Friday
NSFW Episode 4: Silver, Welfare Reform, Winter Inflation
NSFW Episode 3: Day Trading, Estate Taxes, Prop 19
NSFW Episode 2: The Euro, Prop Trading, Technology
NSFW Episode 1: QE2, Housing, Commodities

This week's recommended reading:
Lombard Street: A Description of the Money Market
and
The Zeroes: My Misadventures in the Decade Wall Street Went Insane

Embed code for this video is over on YouTube, if you'd like to use this on your own website. Just don't be evil and be sure to link back to WallStreetOasis.com.

Let us know what you think of the new format, guys. We're still tweaking all the tech aspects of putting this together, but I think we're on the right track. I know the audio sync was off a bit in this episode, so it was a little like an old kung fu movie. We're working out the kinks.

Have a great week, and if you liked the show be sure to share it with your friends. It should be a lot easier now that it's on YouTube.

 

Another great episode Eddie. Why did you guys which positions?

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 
Best Response

As usual, great topics and dialogue and I think it looks great on YouTube. Youtube could definitely open the doors when it comes to getting a larger viewer base or attracting other users to WSO. I don't know if you ever heard of them, spill.com does movie reviews using animated characters. I stumbled onto them on Youtube, watched all there movie reviews (which are actually really funny so you should check them out if you haven't), and now I go to there site at least once a week to catchup. Maybe its me or it simply went on and off, but I didn't really notice the delayed audio you were talking about and if it was there it was only slightly off.

Two sample reviews

http://www.youtube.com/watch?v=VURjmTG_WOQ&feature=related

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

"Didn't approach illegality it's just extremely unethical behavior. You now what we call that on Wall Street Julian? ... Tuesday!"

Instant classic

__________________________ Attempting to be the chess player, not the chess piece @ Steadfast Finances
 
Anthony .:
I agree with the Youtube comments. WSO can make a You Tube Channel which would be awesome. Either way, I think this is going in the right direction. Looking forward to more videos.

Yeah, another solid episode...I think I'm going to work on that WSO channel today. Been meaning to get around to that.

Thanks for the reminder, Patrick

 
WallStreetOasis.com:
Anthony .:
I agree with the Youtube comments. WSO can make a You Tube Channel which would be awesome. Either way, I think this is going in the right direction. Looking forward to more videos.

Yeah, another solid episode...I think I'm going to work on that WSO channel today. Been meaning to get around to that.

Thanks for the reminder, Patrick

I really wish that WSO had more technical discussion like on Seeking Alpha. I think they could direct more of the discussion towards calculation and programming rather than specific analysis though.

 

Awesome jobs guys, loving the new format. A quick note to Eddie, you might want to consider talking to Patrick about changing your YouTube channel to an overall WSO channel if you're up for it. That way, you can get NSFW, WallStreetMentors, and the little promotional things that Patrick creates under the same channel so that each program draws traffic to the others and ultimately all of them draw traffic to the site. Just an idea.

“Millionaires don't use astrology, billionaires do”
 

Another great episode of NSFW. As always, you guys do gods work more than Lloyd Blankfein does at Goldman.

Midas, great Gilt reference.... looks like the yids are rubbing off on you. Oh, and I love the chair comment. There's a reason why I play golf.... just picturing the heads of people I hate on the golf ball has improved my long game for that reason. If I need to destroy stuff, my suggestion is take the Office Space approach and destroy a POS fax machine.

Yeah, in general, I think you guys are wrong about Boutique over Bulge, but PRIVATE >>>>>>> PUBLIC.

Now here's the question I have, who is the straight man and whos the foil? You guys should have your own show on CNN.

 
Edmundo Braverman:
I think it's because Midas had the recording software, where before I did. I think the software automatically left-orients the person recording. What do you think of the new format?

It seems like the new software you use doesn't have as much of a delay between speakers as it did before, and it gives for a more fluid conversation.

Well done.

In 1976, James Hunt broke the sound barrier through Eau Rouge only to retire before the event finished... following the race he had sex with three Belgian nurses at the clubhouse near La Source.
 

"Didn't approach illegality it's just extremely unethical behavior. You now what we call that on Wall Street Julian?

yeah as he was saying that I literally said that sounds like Tuesday.

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
 

Fantastic video as usual guys. Agree with most of whats been said re: the youtube channel and an area on the site for specifically technical questions. It amazes me how much this site has grown and improved in just the last few months. Good stuff. I don't get the Barclays thing at all. Particularly in light of the whole 'The british screwed us' aspect of the original Fed meetings...

PS I would be good with some chocolate...

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

Nisi incidunt dignissimos molestias magni. Error fugit neque qui impedit vitae. Non voluptatem illo ut consequatur. Eum ipsam quibusdam a. Fuga libero aliquid voluptatibus fugit et.

Quia laborum consequatur nam velit labore officiis. Ut aut et nam consectetur.

 

Ullam commodi distinctio et id corrupti quia. Temporibus ea in ex enim necessitatibus eaque voluptatem. Ad ipsum placeat voluptatum nulla aut. Cupiditate doloremque laboriosam reprehenderit aspernatur amet doloribus repellat. Et in sed unde eum quas.

Quia cupiditate aspernatur quisquam non porro ut aliquam. Ducimus assumenda aut non hic non. Corporis in veniam ipsum atque. Et quia sit cum possimus a. Ut vero dolorem impedit praesentium facilis. Perspiciatis quae sint omnis consequatur.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”