I put a pitch together earlier this week and one of the slides had a pie chart copied and pasted from excel.
The pie chart had some information that labeled a slice "$600 million or $650 million??" Which was something I put in at the behest of my vp. I told him it was $600 million, he said it wasn't clear. Far be it from me to argue that even further. So I put it in and he said he'd let me know about it later.
The MD took a look at it before going out for a "drink" with one the analysts (she was female) around 5:30ish. Usually this guy is complete dick about the details. I thought he would have at least caught that before leaving, I guess his mind was elsewhere.
Anyway, he said he was fine with it and then took off. My VP said he'd send it out after he took another look at it. He sends it around to one of the SMDs, 2 MDs, 2 directors, my VP, another VP and myself (you guys notice the 1-2-2-2-1 scheme) around 7:30pm. Interestingly enough, the others were in the office doing nothing and could have checked it.
So around 9pm, I took off after finishing up something else. I didn't bother checking the PDF.
So I'm about to head out now after doing some pregaming like those tools on youtube, but decide to take a quick look at the PDF'd pitch that was sent out earlier.
The pie chart still said "$600 million or $650 million??" The VP didn't do anything about it and I had no interest in double/triple checking this pitch when I showed it to my MD earlier tonight (which is something every analyst should do religiously and was something I used to do).
I caught it just now and feel like sending out an email before it gets sent out to the client. But since I don't want to go to work tonight or this weekend or even VPN it, and since it seems that no one has noticed it yet. I want them to send it to the clients.
I really want to see if this will be a massive f*ck up or if anyone will ever notice.
Its something I've wanted to try for the past 2.5 years but never did. Let me try now in the worst job market ever.
So my new phrase for the night and possibly the new..Just Fck It. Hell, all these fcking traders/bankers/lenders/leveragers/borrowers did it with MBS. I might as well too.
Just wanted to share this..time to get out and do something else I'll regret.
Good Luck! Let us know how it goes.
comeon don't be stupid you've worked so hard just keep fighting the fight
I just love that WSO is part of your pregame routine.
this has potential to be one of the most epic threads on wso.
seriously, this thought has gone through every banker's mind -- i just never had the balls to knowingly not correct proactively/slide something past my MD.
i hope your night out was good enough to not regrettably look back on this saturday morning...
Of course someone has noticed and wants it like that or it would have been changed already. Let it go.
Ha ha love your work.
Haha, please keep us updated... might just set a new precedent.
.
I would definitely, definitely, definitely say something. Even though they check your work, it ultimately falls on you. Don't be stupid. While they should have noticed, you're going to be known as the junior banker who embarrassed the team with your "lack of attention to detail." Ironic since you actually noticed it and it appears they didn't, but you'll regret it if you don't say anything just so you don't have to work this weekend.
As the above poster said, pointing it out shows attention to detail. It'll do you nothing but good if you save the entire team from having egg on their faces.
Not sure if you are crazy or just tired but good luck!
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Cornelius, this is your VP. I can't believe your irresponsibility. We're going to have to sit down about this on Monday. See you then.
Ibankee,
Not sure if you were tired or what but the link in your sig has too many w's :)
Hope I didn't leave any misspellings like this in my pitches this week ;-)
News, interviews, advice, forum: http://www.ibankee.com
Cornelius, I hope you fixed it, because you're going to take the heat if you didn't...
after all they all did...
Sometimes you're the statue and sometimes you're the bird. Know your role.
Take that to heart man. I hope you fixed your error.
i'm calling bs on this whole thing.
As always in banking, the pitch was pushed back a week.
The MD decided to enter in a new slide which allowed me to edit the presentation and send out a new draft.
I switched the number to $600 million and forwarded the sources verifying the information to my VP.
So much for that.
We're about to enter a Great Depression. Don't you want a president who's already dressed for it?
ahhh..memories
could have been epic
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