should we be looking around?
With things looking so uncertain, anything could happen to our FT offers (revoked, delay start date, whatever). They have already laid off first year analysts. the next layer of prey would be us, the incoming class....
Is it worth doing some interviews on the side (other industries) even though I already have a FT offer at a BB? I am not being paranoid, but look at what happened to Bear in the course of one week. Wall Street seems to be lurching from one crisis to another..
Raise your hand if you feel like crying...
I don't cry... i feel like breaking something or hitting someone. ha ha.
Anyway, I am going to send out my resume on the side. it's every man for himself now.
Haha how stereotypical are our responses, gender-wise?
The answer to the original post really depends on what bank and group your FT offer was at. I wouldn't be worried if I was in tech, or if I was going to Lazard or Goldman. I also doubt boutique analyst/associates hires are affected much. If I was going to Citi, UBS, Lehman and obviously Bear Stearns I would watch things really closely.
It seems like the only banks out of the woods nowadays are GS/MS and the boutiques. I hope to high heavens, the situation is less foggy a year from now.
Replace MS with JPM... anyway point is that everyone is at risk here
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