Are Low Returns Due to Incompetence or Job Market
Failed to get a return this summer from my top MM in NY. Seems like a pretty common outcome across the street. Just curious if the full-timers attribute this low return rate to widespread incompetence, a poor job market, or both?
Gugg/Roth/GHL had pretty standard RO rates.
Funny how it could be a poor job market when almost all banks posted incredible earnings. Maybe a combination of AI efficiency and iffy interns
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