What unacceptable things/liberties become acceptable after MD leaves?

I have not worked in IB. I am a hopeful and have always wondered how do things proceed after the MD, D, VP's have left and it is just analysts and associates from 7/8--> 12+ ?

I've only worked a normal 40 hour banking job so I understand the usual things like face time, being/acting busy, not getting caught on non-work related websites, etc., but again what goes on after hours?

Is there more liberty? Do you guys listen to music? headphones? Take off the ties? Duck out for a run? YouTube viral?

Yes, I realize after dark is when the 'real' work starts, but obviously there are people out there who can listen to music and enter data.

What unacceptable things become acceptable?

Thanks

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