- immediately pre-covid -
Don't mean to say I'm completely swept away after reading liar's poker, but how much of the pranks/culture and such told by Michael Lewis still exist within IBD today (okay I know it was the trading floor but I want to pursue m&a)?
Or is the extent really just the office banter
this basically answered my Q
| +138 | UBS Catastrophic Q1-Q3 26, M&A -17%, Outside Top 10 in Americas, EMEA & APAC | 38 | 1h |
| +60 | PWP acquisition by Piper cancelled | 23 | 3h |
| +46 | No return offer - UPDATE. | 12 | 58m |
| +29 | Evercore poaches Baird DC Defense Team | 18 | 21h |
| +22 | Best Houston Banks for Culture in 2026 | 15 | 41m |
| +21 | Normal for lateral process to go +2 months? | 4 | 1d |
| +18 | Lack of talent in IB! | 19 | 9h |
| +17 | Internal lateral from coverage to M&A (focused on coverage) | 4 | 22h |
| +15 | How standard is weekend work in IBD? | 7 | 4h |
| +15 | Discussion Transaction Experience in Lateral Interviews | 3 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
They were bond salesmen, and no.
Came to throw midgets on dartboards, instead, I'm stuck at home, haven't showered in 2 days, and fighting the urge to end it all.
It’s actually a lot like Liar’s Poker, minus the pranks, bond trading, and human interaction
What do you mean "how much of it still exists in IBD today?" if it wasn't about IBD and nothing in the book takes place in IBD...?
Do pranks to any extent of which displayed in Liar's Poker still exist within an investment bank (S&T and/or M&A).
I know the book has nothing to do with ibd but I just wrote it because I want to join ibd. Obviously the atmosphere is completely different between the trading floor and ibd
No, life sucks and we don't have time for pranks and shenanigans.
What kind of question is this? Sounds like the same high schoolers who are on this site looking for the most "prestige" in a bank
Aut repellat rerum consectetur non esse enim. Velit explicabo expedita quo praesentium. Et voluptates aut hic beatae eius neque est. Cumque ut et dolores necessitatibus. Animi laboriosam cupiditate et esse.
Quia necessitatibus quos asperiores ad libero numquam. Rerum consequuntur quae nisi fugiat autem.
A quia est labore rerum omnis ipsa nihil. Et quis minus distinctio velit omnis ullam qui ut. Earum iste est quis atque iste. Vero quae est sit similique. Enim sit occaecati provident odio at asperiores quas aliquam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...