I've accepted a job offer at Blackstone. I know blackstone isn't BB, but do you think it's in trouble, seeing that LEH's collapse will further tighten credit, and LBOs are a big part of what Blackstone does? If deal flow is restricted by credit market problems and the possibility of another bank collapse, do you think my bonus would be hurt?
| +137 | Return Rates For Interns Are Falling? | 44 | 5h |
| +128 | UBS Americas IB: The Kids’ Table of Wall Street | 15 | 3d |
| +73 | London IB BB is a challenge | 40 | 4h |
| +71 | I am a drunk MD AMA | 33 | 5h |
| +61 | VP Lifestyle at Top BB Coverage Groups | 39 | 2h |
| +46 | SharePoint makes IB hours HELL | 15 | 1d |
| +46 | An Outsider’s View of RX Banking Out of College | 6 | 1d |
| +42 | momentum of Rx groups | 15 | 5h |
| +39 | Fired during interview | 8 | 9h |
| +28 | Weird Majors->IB ? | 22 | 2h |
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.
Bonuses -- I don't think anyone's bonus is going to be great this year. If you are not in PE and are wondering how bonus spillover will be affected, that would depend on the bank's compensation system
Bank collapse -- I think Blackstone would only be an issue if it issued problematic assets, which I'm not sure it did.
Blackstone PE -- The LBO market will certainly be hit for a long time. I think small to mid-sized deals will still get done, but obviously no big deals -- no change from before.
Blackstone industry M&A groups -- then this would be a good time for the bank as lehman's bankers just got wiped out.
Blackstone restructuring -- well poised to take advantage of any potential recession
thanks i think i'll be spending alot of time here up until my contract begins.
Consequatur et aliquam quia provident at sunt tempora. Repellat est maiores suscipit iusto aut corrupti. Ipsam cum ut optio iure quia eveniet dicta quis. Sed voluptas et molestiae ipsa qui. Aut eos nihil repellat.
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...