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fwiw no you are not screwed, a guy here had that same experience but was at cerberus and knew for sure that they weren't getting anywhere, im retelling from memory, but from their experience that their team was happy to make introductions to other people because they were a good intern and ultimately ended up getting offers in IB/LO.

Since you know ahead of time what's coming up you're ahead of hte game of the poor ib peeps who dont know they didnt make the cut and you still have a ton of time to network ahead while the start of the 2027 FT recruitment is going on.

Also for your last point if they ask you just tell the truth i mean its the same as all the other non RO ib peeps saying that head count was cut shorter so they werent offering or that no one got an offer. should have no material effect and regardless depending on your DL firm the name should get you into a lot of doors for networking

 

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