London Bulge Bracket IB Analyst Fucks Up Big Time
So, there is this guy who works for a bulge bracket bank in London as an IB analyst and probably made one of his biggest mistake in his career so far.
This week we received an e-mail with highly confidential information from him. Well, to put it in context, both our banks are part of the same syndicate group and we share relevant information to each other regularly. Nothing particularly wrong, right?
However, what that dude didn't realise at the moment was the fact that he sent PDIE (Pre-Deal Investor Education) documents of a forthcoming Europe-based IPO to the wrong syndicate group. Not only did he blindly send that e-mail to us and other investment banks, but also to the management team and its financial sponsor (a well-known PE firm) from a different IPO deal. That poor guy just ruined his own career in investment banking in London.
To be fair, it was excruciatingly hilarious to witness his mistake. Yet, we feel a little bit sorry for him. Poor lad.
The lesson to be learnt here is that you should always double check all recipients of your (highly confidential) e-mail.
I feel badly for him.
Yikes
So you felt the need to shed even more light about his mistake on a public forum?
Yeah. He is also an analyst and somehow thinks that this guy's mistake furthers his own career.
Aaaaaaand this is why you use workinggrouplink...
Not sure what's hilarious about it. By now you're probably discovering that this is bad (hopefully not too bad) for everyone in both deals. It adds work, extends the timeline, heightens risk that the deal won't get done at all, and increases paranoia. All that stuff extends to everyone, on all sides, including you/your firm.
We all make mistakes, can't see what's funny about this.
ok ? lol
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