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Comments (53)

  • Prospect in IB - Gen
Jul 15, 2022 - 8:00pm

maybe it was an NYU dorm? They were pretty strict with guests the whole of last year

Jul 15, 2022 - 9:32pm
retrorally, what's your opinion? Comment below:

Honestly it doesn't matter too much now to speculate what is going on. I agree with the associate below that you should start thinking about how to move forward and limit the damage to your career as much as possible.

Jul 18, 2022 - 1:24pm
ninjagod, what's your opinion? Comment below:

Insider here - he's totally misconstruing the story and was substantially more inappropriate than how he's portrayed here.

Clearly didn't learn a lesson from this which is fatal in my opinion. 

come on dude

  • Associate 3 in IB-M&A
Jul 15, 2022 - 8:40pm

Something doesn't add up here... why would a CEO give a flying fuck about this...

If this is true, just put "Summer 2022" on your resume (to avoid saying "June-July" or something shady sounding) and start grinding for FT. No reason anyone needs to know about it - if they ask why no FT offer you have markets to blame anyway, be vague and say you got along well with everyone and reviews were good but spot just wasn't there for you

Jul 15, 2022 - 9:22pm
guest1221, what's your opinion? Comment below:

I'm honestly still in complete shock and utterly dumbfounded. check out my reply to retrorally, story seemed to have gotten majorly twisted around. anyway thats the only thing I can think of, been wracking my brain for another explanation. HR wouldn't tell me a single thing only that I was terminated because of a comment that had been said.

Jul 17, 2022 - 12:37am
levfin_nyc, what's your opinion? Comment below:

If you got terminated for this then you don't want to work for them and they did you a favor.  My guess is the CEO drew a parallel on you not following "no guest" policy as someone who potentially would not follow internal corporate policy - think confidential information 

Jul 15, 2022 - 9:24pm
guest1221, what's your opinion? Comment below:

In your opinion, you think its best not to tell the story? I feel like people might be slightly sympathetic considering the story doesn't entirely seem worthy of a firing offense but I have no idea

  • Associate 3 in IB-M&A
Jul 15, 2022 - 9:30pm

no definitely do NOT tell the story and do not under any circumstances say you were fired or left early. FWIW it's not that bad of a story and I don't think it was THAT inappropriate to share, but saying you got fired from an internship is an auto ding so be very vague with "summer 2022" on resume, and vague reason for no return offer

your next bank will almost certainly never find out about this unless you tell them, or they happen to know someone in the group. for background check they do a 30 second call to confirm if you worked at the bank from X date to Y date (through HR or a third party verification company) and will not hear about an intern being let go. so do not tell them.

Most Helpful
  • Analyst 1 in IB-M&A
Jul 15, 2022 - 10:22pm

Was this Jefferies? Only UMM bank where I can think of an intern that would get to have lunch with the CEO. I know because I got to meet him last summer during my internship - Honestly sucks that this happened to you and really hoping this isn't JefCo but UMM + CEO stuff checks out there. 

Anyways, I agree with the others - cover this up and still mention Summer 2022 for your internship. Good thing is you now have all the time to network and ring up connections old and new. 

  • Analyst 1 in IB-M&A
Jul 16, 2022 - 11:37pm

Almost positive this was Jefferies given background

Jul 20, 2022 - 12:00am
slamdunkvuck, what's your opinion? Comment below:

Hey, just following up on this thread because I am in somewhat of a similar situation where my freshman internship at a BB PWM got terminated early due to external causes. Is it okay for people to just put a season on the resume like Summer 2022? Will that raise eyebrows? Otherwise, I would have to put June 2022 to July 2022 and that does not look very good.

Jul 20, 2022 - 4:39pm
tarheel21, what's your opinion? Comment below:

From the description of it, along with what others are saying, it sounds like it could be Jefferies. 

Jul 16, 2022 - 8:13pm
Smoke Frog, what's your opinion? Comment below:

I'm confused why the story you told was grounds for dismissal…are you leaving anything out, like you guys got drunk or high and that was the reason for getting kicked out?

Jul 17, 2022 - 9:44am
guyfromct, what's your opinion? Comment below:

Start networking, honestly we would probably hire you since the reason you were axed seems dumb as fuck. Look at the other MMs e.g. Piper, Oppie, Stifel, Ray Jay, Truist, Key, 5/3. Figure out your story you can always blame a vague "cultural fit" issue. Don't neglect lower middle market or even regional boutiques.

Jul 17, 2022 - 1:49pm
guest1221, what's your opinion? Comment below:

Have any time for a call later? Can pm you but would love to hear any advice you might have for me, pretty devastated over the whole thing

Jul 17, 2022 - 1:40pm
magicgrill2329, what's your opinion? Comment below:

I heard about this the other day. Story must have been twisted since it was conveyed as you bragging about having multiple girls over to CEO. Also heard something about expensing a "client" dinner as an intern lmao. Not sure if there's any truth to that one or not. Best of luck

Jul 17, 2022 - 1:46pm
guest1221, what's your opinion? Comment below:

Never expensed anything of that nature. Heard the same about the story, truly devastating that I couldn't even defend my name because I almost remember very clearly that I had said they were a couple buddies from school.

  • Intern in IB - Gen
Jul 18, 2022 - 1:18am

What a fucking joke of a firm, you don't want to work there anyway that is unbelievably soft. Also hilarious that you pay rent yet there is a "no guest policy" what is this? a middle school sleepover dorm? Totally feel for you don't sweat it and run it back next summer at another firm. You will laugh about this story in 10 years looking back. Also fuck rich handler the guy is a complete tool, if a gun were to my head I would guess it was that guy who thinks he is "hip with the kids" yet snitches on a 20/21 year old intern what a pussy. Keep your head up champ the stars didn't align with this one.

Jul 18, 2022 - 1:29pm
semi_nontarget, what's your opinion? Comment below:

Another insider.

The consensus around this guy is that he made a lot of inappropriate remarks and overall not a great guy.

No reprieve and sympathy should be shed.

Jul 18, 2022 - 1:35pm
guest1221, what's your opinion? Comment below:

Again, if you have any information or specific examples to back up what you just said I would love to hear it.

  • Analyst 1 in IB-M&A
Jul 19, 2022 - 10:52pm

In training at Jef as well and yes this is true. Heard from an intern that the story was posed as this guy ripping a 3-some and repeatedly asked an analyst on his team about her sister and if she was single and if so, hot. What a fucking baboon lol... Rich probably made an effort to blackball this kid elsewhere

Jul 18, 2022 - 3:25pm
ollisenko, what's your opinion? Comment below:

Insider here. Guy is not it. Would leave shits in toilet for others to find and apparently put his balls on his fellow interns desks. -3/10

  • Intern in IB - Cov
Jul 19, 2022 - 2:24pm

Waiting for the whole story

Jul 22, 2022 - 9:47pm
ProFormaAdjuster, what's your opinion? Comment below:

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Jul 22, 2022 - 10:20pm
ProFormaAdjuster, what's your opinion? Comment below:

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