I'm sure you all have seen this by now...But for those that did not enjoy below from DealBreaker:
*A tipster inside Credit Suisse’s NYC office reached out to let us know of a little summer scandal brewing over at Madison Square East.
According to our source, an MD of the M&A persuasion apparently let himself get carried away on the summer vibes and let himself get sadly gross and cliche with his interns. Our anonymous Credit Suisser is reputed to have “Got stoned at a company sponsored summer outing, and then proceeded to head back to office after said outing only to start harassing summer interns – allegedly gave an summer associate an extremely uncomfortable massage in full view of all the other interns and then lock another intern in an office and other interns ended up calling security for rescue.”
Wow. That’s all so dumb! And nobody tell Thad about the locking up part. We’re saving that surprise for 4th of July weekend.
But the behavior is not really what grabbed our eye when we read this tip. What we found way more interesting and worthy of a blind item is that this MD has apparently gotten away with it, even in the Summer of #MeToo.
Per our tipster, “Group is now telling interns to hush or face repercussions if it leaks…They are going to let him off with a HR lecture.”
So, if you’re a Credit Suisse summer intern or staffer and would like to discuss this further [we have a second independent source telling us that this a live rumor inside 11 Madison Ave.], please get active in the comments or via [email protected] and let us know more about this first dumb intern scandal of the summer.
We have to go soothe Thad, he takes these stories rather hard.*
anyone from CS able to confirm?
Yet another reminder that HR does not give one flying F about you. They care about protecting the company's rep & management. They're not your ally.
Anyone who believes that is a fool. HR's only role is to protect the interests of the company, full stop. They're not a union steward paid by its members.
Link for those who are curious: https://dealbreaker.com/2018/06/blind-item-which-credit-suisse-md-is-gi…
Some pretty juicy comments lol:
"He didn’t lock an intern somewhere - he did almost tackle someone and tried to lick someone’s face while slurring a bunch of f bombs tho"
"Leslie Hughes has swept other incidents under the rug before. ask anyone who has been there more than 5 years and they all know. Cs doesnt pay her 500k a year just to sit around and send Saturday work approval reminders. Gotta sing for your supper too!"
My firm's HR is a joke too. Heard rumors of a couple really inappropriate instances and said sr. bankers are still employed with seemingly no repercussions.
The Jets could use this kind of motor on defense
Just based on the anecdotal reports, it sounds reasonably likely that the banker has an alcohol problem. Which is sad, as anyone close to a problem drinker will confirm. No one is more cynical than I am, but it's possible that HR isn't "sweeping this under the rug" but maybe trying to preserve this guy's career AND get him help. From where I sit that's a lot more respectable than just cutting him loose.
lol those comments on dealbreaker are hilarious
All four of them?
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