From Kevin Roose NYT: "The Intern Blogger Returns"
His chronicle of investment bank life begins with a recap of his firm’s orientation program. The interns hear from the firm’s LGBT program coordinator, are told of the existence of a “room for transsexuals” at the bank, and are warned by a human resources official, “Don’t blog. We don’t like it.”Looking at his new colleagues, the intern blogger wonders, “God, am I really like those naive lap-dogs?”
In installment two, the intern seems to have worked out some of his existential angst. And he’s found, to his disappointment, that investment bank life isn’t quite as he expected.
"I’ve read in the media about how I’d be working all the hours God sends, undertaking menial tasks for bankers who are up themselves, and being humiliated just because I’m young and naive. And I was looking forward to all this, hoping to best these so-called ‘Masters of the Universe’, and regaling you with stories of sex, drunkeness and Wall Street’s debauched ways. Sadly, there’s none of that. The fact is, it’s pretty boring here – in fact, we’re all doing very little."
The intern also confirmed what DealBook reported last week about the newfound austerity of Wall Street internship programs.
"We thought we’d get lavish lunches, slap up dinners and a few nights on the town courtesy of the firm, but nope. Nada. We have to pay for our own coffee….get our own lunch and pay for our evening drinks, etc, from the lousy ‘pay’ we are getting while being stuck here for 10 weeks."
The intern added that he hadn’t seen “one hooker, one boozed-up banker or a shred of evidence of anything dodgy at all” during his 10-week stint.
Current/former Wall Street interns - thoughts?
When I imagine the face of a banker, HF manager, or asset manager, all I see nowadays is the face of the tax payer. A weary face tired of having America's entitlement society on his back. No parties,
this is the sad reality
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