Understanding while there are significant inherent differences between the dot-com bust (bubble bursting) vs. real estate bust of '08 (financial sector meltdown, leading to significant agency and shadow-banking intervention by the gov't), I wanted to toss a question out there and see what you guys think:
-How do you think the sentiment towards a career in investment banking is different now than how it may have been after the dot-com bust? Could be answered through discussing job-security, compensation, future outlook, etc.
Banking is clearly cyclical, but is there an an actual inherent change in the investment banking structure that would lead us to have such a negative/pessimistic outlook on the job?
Would love to hear your thoughts...
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