How would you answer this question - Repercussions

An interviewer asked me to go through the repercussions of the 2008 crisis...how would you answer?

I said it effed up the banks balance sheets, and that retirement and pension plans got blown to bits so in response discretionary spending plummeted

That's it though. i tried to walk through my thinking as thorough as possible, but I have to say I didn't know exactly what he was hoping for

This was my third interview for Wells Fargo. The current analysts said this guy tries to stump everyone though

7 Comments
 

Rerum tempore quam sed consequuntur est omnis. Expedita tempora vel ex molestias a quos accusamus suscipit. Et dolore modi laborum perspiciatis. Sit magni impedit repellendus dicta assumenda architecto fuga. Eaque maxime nihil laudantium commodi accusamus facilis voluptatem in.

Haters gonna hate

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”