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+76
New WSO Logo - Branding / Icon

WallStreetOasis.com

Fellow Primates - so it's been about ~8(?) years since we've taken a look at our logo/branding and we think it's time for a refresh -- our designers almost vomit when they look at our current icon and we have some major initiatives coming where a refreshed look would help. ...

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+70
People making $300k+, how do you spend your money?

allinamd

Curious about people on this forum in finance who are making anywhere north of $300k. How do you spend your money on a month-month basis? Do you live in a luxury apartment or somewhere cheaper to build out savings? Mortgage? Do you eat out at fancy restaurants every week, still cook, or have...

94
+68
Is anyone else welcoming a recession?

iBankedUp

Sans Trump and his legionaries, feels like most are ready for a slight contraction right before things consolidate. Markets are up despite the inverted yield curve, but things are almost certainly likely to get worse before they get better, right? Trump goon Moore could barely even deny...

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0
Rich, mediocre-looking nice guy vs. handsome, but poor douchebag

lionheart

OK, if there are two kinds of people that are known to get chicks, they are rich dudes and douchebags. If a girl had a choice between a NICE rich guy with OK looks and a super handsome, but poor type-A douchebag, who would she choose?...

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Internships - How did you land your first finance internship?

Barcadia

How and when did you guys land your first finance related internship? I'm a freshman in college and I'm looking around for opportunities, it seems most of you were already summer analysts in 8th grade? Anyways, glad I found this website. As discouraging as it may be (realizing how difficult th...

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0
Collecting unemployment while abroad....

Alekks

Yes I know nobody is suppose to claim weekly benefits while abroad. I was just wondering how likely is for an Immigration Officer to know (upon entering the country i. e. LAX-Immigration) that you have been unemployed for a month and on top of that you have been collecting unemployment? Unemployment...

3
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A gift for my WSO chums - FREE FOOD (almost)

Yacht_man

http://www.restaurant.com/rdc_site2.net/listings.aspx?pgn=gcp&VicinitySearchLevel=region&level=region&stateid=21&statecd=NY&statename=New%20York&regionid=27&regionname=Metropolitan%20New%20York%20City&SearchID=102&image1.x=73&image1.y=9& Type in Coupon Code SAVE for 80% off listed price I just pi...

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Blowing it Out Last Spring Break

rocknrolla

Last year before I get worked like I dog and I'm trying to blow it out spring break. I got some cash saved up and I'll be getting signing bonus before I head out even though I don't want to go through it too much. Bottom Line- What are the craziest destinations for a 5-6 night trip? Would like som...

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How often are you studying a day?

FutureGekko

I try to get a good five hours every day, but once exams come closer, I'll try to add in a few more. Very boring......

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Is A Graduate Degree Worth It? (i.e. Did I Do This Present Value Calculation Correctly)

econ

I'm currently contemplating a graduate degree (specifically an MSF) so I figured I'd do a present value calculation for two reasons: 1) It may help me make a good education decision, and 2) It's a good way to practice doing something I read about recently in a finance textbook (present value calcula...

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India open to buying more gold from IMF

greatgolfer

India is open to buying more gold from the International Monetary Fund following its purchase of 200 tonnes earlier this month, the Financial Chronicle newspaper said on Wednesday, helping to drive gold prices to an-all time high. But India's central bank governor, Duvvuri Subbarao, declined to com...

0
0
The Onion on Piper Jaffary

IBbsd

http://www.theonion.com/content/node/33075 Pretty funny, but short...

4
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Learning English is useful for all ages

aiyana

Yes! Learning English is very useful for all age groups as learning never has limits in terms of age. In fact, a person is always learning something during the course of one’s life, although not in an organized way. Learning English language can boost the confidence level of aged people as well as...

4
+2
Are You THIS Guy???

Eddie Braverman

Have a great weekend, guys... ...

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5% for 30 Periods = 10% for 15 Periods?

econ

So I'm trying to work my way through a finance textbook through self study, and I can't figure out why a 5% interest rate for 30 periods is different than a 10% interest rates for 15 periods? I'm not talking about annuities here, but rather how much I would value $1 in the future (i.e. the present ...

7
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How is it going?

bluefalcon

I am recent UMass graduate here. Just wondering, How many people are in investment banking in the group? Any advice for those that want to break into the field? Where to begin, and what is the limit?...

2
0
Rank Top Rankings

DaCarez

Since we love ranking well, everything, here at WSO, why not rank rankings? I'll get us started, with a by no means all-inclusive list. 1. IBs a. BBs b. "Elite boutiques" c. MMs d. Boutiques 2. B-Schools 3. Undergrad schools 4. HFs 5. PE shops 6. VCs 7. Suits 8. Watches 9. Magazines...

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Goldman gets H1N1 Vaccine

WallStreetOasis.com

...

9
0
How do business cards work once employed?

ultratrader89

So say you are employed into BACK OFFICE or teller at a bank. Are you able to order business cards with your bank on them but falsify the information to instead say something like "Investment Banking" rather than "IT" or something. I know a friend who says he works at Goldman Sachs but I think it'...

16
+1
S&T Watches

No Leverage

What is the story behind traders wearing divers watches? ...

12
0
If I could offer you $50k of gold or $50k to stop giving me these lame commercials which would you choose?

JesseLivermore1907

For those of you watching CNBC during the day, how much do you hate the Monex commercial that not only comes on multiple times an hour but also takes over the tickers? ...

2
0
relationship chicks

Nomade

So here's the deal. You work your ass off, get into a top college, spend a shitload of money, then go to grad school, spend more money, and then.... you find THE job. So, you make good money, you look good, you're living the dream -- and then comes the "relationship girl." WTF???? Everywhere I go...

8
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Community Service

AgreeWitMe

Hey guys. I need your help. I'd like to volunteer some of my time with any organization. I saw a great site that had some organizations in NYC but I can't find it anymore. Do you guys know of any sites (that list opportunities) or any organizations?...

0
0
Who else hates Abercrombie&Fitch?

useless

Who else hates Abercrombie&Fitch?...

24
0
Best Threads on WSO?

1styearBanker

So I'm browsing the Fame forum and there are only around 10 or so threads. I'm sure there have been past hilarious threads (such as with blumie and London). Can we list links of past hilarious and epic threads here? ...

3
0
Sleep deprivation cognitive impairments reversed

Putz

Researchers have identified the precise neuro-chemical reasons for cognitive impairment due to sleep deprivation and have developed a treatment that does not involve taking a nap. Currently the drug is being tested out on rats and is funded primarily by the government for military usage. Imagine, ...

3
0
The NYC Halloween Parade

IBbsd

For the past couple years I have had work during the Halloween Parade, but this year I will be free! So I was wondering if any of you guys ever got the chance to go. How is the "Greenwich Village" factor...and how are the women. Thanks in advance...

4
0
White Collar show -- bond valuation

aznflojo

Hey all, Random question: was watching the new show on USA network "White Collar" (http://www.hulu.com/watch/104368/white-collar-pilot) and there was a really simple bond valuation question in it but it sounded weird: (for the full details in the show, click the Hulu link above and watch the segm...

4
0
Video Professor Spoof

PrecedentTransactions

http://www.youtube.com/watch?v=XSpX8ECmV38 funny... thoughts?...

1
0
So I had this interview...

barnone

with some lady from Morgan Stanley. I found her on facebook. Should I add?...

14
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Offer

TightMonkey

Did everyone here receive an offer? I'll be in IB starting next summer....

1
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$1,420,000,000,000.00

Barbell Capital

What's your opinion about 2009 US deficit?...

2
0
Headline: Sharpton Urges NFL to Block Limbaugh

Boutique Banking

So I'm scanning through this mornings dealbook and I came across this headline. After only reading the first few sentences I am struck with awe....Al Sharpton actually wants the NFL to block the sale of the St. Louis Rams to Rush Limbaugh! Personally, I wouldn't buy the rams because they are a huge ...

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Horror Stories

powertime

I think it would be interesting to hear some good horror stories from banking or trading. Share away......

9
0
What Do Bankers Think of Accounting As A Career (fairly serious discussion)

george_costanza

What do bankers, consultants, and other high finance people think of people that end up pursuing accounting? Do you think: a. Respectable career with decent salary potential b. Boring number crunchers that couldn't make it into banking c. other (specify)...

8
0
Vote for Wally in the Cutest Dog Comp.

FutureBanker09

Please vote for Wally. I found him on the streets of New Orleans and have now adopted him into the family. I will be donating the winning to the LASPCA. http://www.cutestdogcompetition.com/vote.cfm?h=7B4F02114BA99E9EDE393402572F551E&page=1...

3
0
Convertible debenture question

jinglejingle

Quick question to those of you who understand financial products better: Can a private company issue convertible debentures/notes?.. ...

2
0
Worth a read

Ortsman1

This is by no means earth-shattering insight into finance, but I found it to be worth a quick read... If anything it can potentially be used against friends and family who think your job is useless. http://dealbook.blogs.nytimes.com/2009/10/07/the-inevitability-of-finance/...

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Whining About Bonus

Eddie Braverman

Here's a little something to offend the senses on a Friday afternoon. The genius pictured to the left is Michael Crabtree, a standout wide receiver from Texas Tech. Mr. Crabtree (drafted by the 49ers) is threatening to sit out his rookie season because he doesn't agree with the position at which he...

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Prediction: Future Profitability Will Be on Ability to Predict FED Moves

laxn103

After reading and researching it seems the FED will no longer change rates slowly in this economy. When the FED raises rates when the economy rebounds more, expect it to increase by more than 2 percentages points in one session. The days of Greenspan's incremental changes over years at a time are ov...

0
0
Banker Douche vs Consultant Douche

bigballing

I'm trying to catalogue and differentiate some identifiable attributes that select members of the banking and consulting communities display. While the species appear on the surface of the same breed, there is a high degree of differentiation in their douchey ways. Here are some of the attributes ...

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0
help with annuities question....

robes

A 5-year car loan of 50000 has been taken out, which requires equal semi annual payments. No payments are needed in the first year (1st payment is made in 18 months), but interest continues to accrue during this period. The last payment is in 5 years. The APR on the loan is 8%. Calculate the payment...

2
0
The Ten Cannots

Eddie Braverman

I received this email a few hours ago from a friend of mine. He is a private practice family lawyer in the South, not a Wall Street type. He wrote it, so it is original and not something that has zipped around the Internet a couple million times. My friend is a member of the most reviled demographi...

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Investment banking + Commercial Banking = one big mess

zouzou

I was glancing over what Volcker had to say to congress recently and one thing that jumped out on me was the fact that finds that the conglomeration of investment banking and commercial banking is dangerous. He advocates the separation between the two. Here is what he had to say: [quote]The point i...

3
0
WANT: The Gartman Letter

she_monkey

Any ideas on how I can get my hands on a copy? I used to get them via e-mail daily, but no longer! :(...

5
0
How important is cleanliness to you?

hol3

assume we all bathe daily so not to that extent. i mean keeping your home/room, cubicle/desk, car, computer desktop/folders, clothes, etc clean.... as bankers there is a stereotype of everything must be clean to the T, wondering if there is a trend on here.. ...

3
0
Mad Men: Boston

Eddie Braverman

Fans of the show Mad Men will be pleased to see the new Mad Men: Boston. ...

3
0
crisis is over

thedude

recession? what recession??????????? stupid decadence may be returning. http://photos-c.ak.fbcdn.net/hphotos-ak-snc1/hs205.snc1/7223_143913616535_692311535_3136018_3265236_n.jpg...

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0
IB alt. energ.

Eurobank

hey, I want to get into IB - renewable/alternative energies. Want to start with an IB intership this summer. Can you give me any tip how to be better than all the others and work my way into this field. ~Chris ...

2
+1
Pandora Radio

PBateman

A civil engineer buddy of mine sent me a link to http://www.pandora.com/. Thought if was interesting enough to share with my fellow monkeys that can also listen to music quietly at their desk. You basically start by typing in an artist or a song that you like and then the program built into the site...

10
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Bond ETFs

Yacht_man

Could somebody explain to me how these work? I was looking to put some money into some high yielding corporate bonds and stumbled across the Barclays iShares High Yield Bond Fund (HYG). Surely the price on this would remain fairly stable due to the underlying assets? How are coupons paid out? Than...

1
0
BoA asks armless man for thumbprints

7S

A Florida man born without arms says a Tampa bank would not let him cash a check because he couldn't provide a thumbprint. It was supposed to be a quick stop at the Bank of America. Valdez said he was cashing a check from his wife, who has an account at Bank of America. But the teller told Valdez s...

2
0
Latest from DJ Lubel

Eddie Braverman

If you liked the Murray Hill Song, you're gonna love this one... ...

1
0
Every Time I Die

Stringer Bell

I don't know what the typical musical persuasion on this site is, but I just got my advanced copy of Buffalo's own Everytime I Die's "The New Junk Aesthetic". On top being the absolute best live rock band you can see right now, they've just put out the best album of their career "The New Junk Aesthe...

2
0
Teach me your lingo.

FutureGekko

BB? M7? These are just a few acronyms I see being used around here. Is there a compiled list? If not, can you just list the major ones I need to know....

6
0
SoHo Studio Apartments: COST?

Gopal Mehta

How much would a SoHo studio apartment cost per month?...

3
0
What College and Fraternity

Boutique Banking

Where did everyone graduate from? What Fraternity?...

7
0
Words of Wisdom on WSO!

stk123

I thought it would be interesting to start a thread where everyone could post some of the dumbest and/or funniest things that people have posted on WSO. Here is part of the OP's post in the thread titled "The beginning to the end of Goldman Sachs?" regarding Buffett's $5B convertible (non-callable)...

3
0
Girl who was kidnapped at 11

Marcus_Halberstram

I'm sure you have all heard about the girl who was kidnapped by this guy when she was 11 and kept as a sex slave for the last 18 years, having 2 kids in the process, one when she was 14 and one when she was 18? The pedophile commented "that when everyone finds out what was going on in that house, i...

15
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Any Wall Streeters make it to the Cougar Convention?

mylifeishell

I can't believe this exists, but here you go: [quote]"Friday night in Palo Alto featured more cleavage than a butcher shop run by Eldridge Cleaver as the event came off without a hitch (remember, these women are not looking for commitment, according to the cougar movement's seminal literature). Ph...

6
0
Alex of Tejune is an ASS.

Gopal Mehta

Alex of Tejune is an ASS. That fuck wouldn't let me in. ...

9
+1
What Company Names Haven't Been Used?

YellowLorrySlow

Have you ever noticed that whatever you type into Google seems to yield some company's name. Atlantic Capital. Tartarus Capital. Best Porn XXX Partners LLC. Just wondering if you know of any names that havent been used yet...and perhaps could someone tell me if they are part of any of the listed f...

3
+1
Marcus Halberstram's trip to Epiphany Trading Fund

trade4size

Brendan Byrne of Epiphany Trading has offered our very own Marcus Halberstram the opportunity to visit their world renowned trading desk for the day AND has agreed to pay for Marcus' travel expenses. Marcus agreed that he would go if we were able to pony up 5k and that he would document the experie...

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URGENT HELP NEEDED

DavidvanPatten

Hey guys I really need your help. So theres an end of the summer cocktail party for interns this thurs at a lounge in midtown, and I need to know if my belt buckle has to match the buckles on my Gucci loafers (i.e. gold to gold)! I only have belts with silver buckles! I dont want this to affect...

14
0
Volunteering in Africa.

Carlton Banks

Would this be a good thing to make me stand out?...

5
0
Latest on Ryan Jenkins

Eddie Braverman

*UPDATE: Ryan Jenkins Found Dead of Apparent Suicide by Hanging http://www.msnbc.msn.com/id/32534223/ns/us_news-crime_and_courts/?GT1=43001 Here's the latest on the Canadian "investment banker" who went all Hannibal Lecter on the Playboy bunny: http://tv.msn.com/tv/article.aspx?news=427024&gt1=28...

19
0
How is Patrick Bateman viewed by the business crowd?

FutureGekko

Anything like Gekko?...

2
0
Summer Internship/ FT positions

TraderNY

So, does anyone have a SA position or who is graduating and has a FT offer? ...

1
0
Red Sox

Millhouse

This may be an odd question, but are most people in banking/trading Yankees fans or are there a decent number of Sox fans? Would this create "problems" in trading?...

12
0
Does anyone recognize this tool (Megan Wants a Millionaire)

Theteller

I was flipping through the channels just now and found a pretty retarded show on VH1 called Megan Wants a Millionare. It's about this one beat trashy blond chick looking for "love" and the guys on the show are all millionaires.. http://www.vh1.com/shows/megan_wants_a_millionaire/cast.jhtml ...

21
0
Parking in Midtown

gwarh

I'm coming to NY in early September (driving). Does anyone know good daily parking places for a day or two in the midtown area (not too far away from ts or grand central)? Thanks! ...

8
0
$100 Million Pay for Citi's Oil Trader Andy Hall Draws Scrutiny

ghstein

Andrew Hall has been phenomenally successful with Citigroup's Phibro oil trading unit, earning an estimated $100 million this year -- and scrutiny from the government compensation overseer of bailed-out banks. (Reuters, excerpt) http://www.commoditytalent.com/News--and--Events.php ...

0
0
$100 Million Pay for Citi's Oil Trader Andy Hall Draws Scrutiny

ghstein

Andrew Hall has been phenomenally successful with Citigroup's Phibro oil trading unit, earning an estimated $100 million this year -- and scrutiny from the government compensation overseer of bailed-out banks. (Reuters, excerpt) http://www.commoditytalent.com/News--and--Events.php ...

0
0
Question for Patrick - Visitor stats?

Mzzzz

Hey Patrick, Curious to know what the visitor stats were for WSO over the past 1-2 years? More/less volume because of crisis? Is it picking up? When did it hit its peak?...

6
0
Bank accounts

Yacht_man

Can anyone recommend a decent savings account? Looking to park the cash from my internship but Wachovia give F all interest. I've heard of Shorebank who are giving 2.04% any others?...

3
0
Inflation and employment

Koho

Hey guys, First post here on the forums, have been reading for a while and decided to finally sign up. I was looking for some advice, please. I would like to become more efficient in my understanding of inflation and (un)employment. I understand that it would take many years for me to become an "...

2
0
Murray Hill Song - Accuracy?

patekphilippe

How accurate is this? ...

2
0
Forbes: America's Best Colleges 2009

dualcitizen

Interesting Ranking/Methodology based on success of students: http://www.forbes.com/lists/2009/94/colleges-09_Americas-Best-Colleges_Rank.html Rank Name State Cost Freshman Class Size 1 United States Military Academy NY 0 1,263 2 Princeton University NJ 49,830 1,243 3 California Institute of ...

23
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Sexiest Business Reporter?

yesman

http://www.businessinsider.com/the-sexiest-business-reporters-2009-8#david-faber-1 Time to re-start the eternal debate. Last time we discussed this, consensus was for Burnett. I'm partial to Glick. Some of the people on this list are a joke, but there's plenty of good competition....

14
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Has anyone gotten offers with any firms?

FLICK_OFF

Has anyone gotten offers with any hedge funds? If so, congratulations. Post here if you've gotten an offer. And "offer" your advice to the offerless....

7
0
A Douchebag Sez What???

Eddie Braverman

Alright, this was just too funny not to post. This was in the New York Post a few days ago. It seems like it's business as usual in the Hamptons with the popped-collar crowd this summer, in spite of the worst economic downturn of our lifetimes. Get ready to laugh your ass off: http://www.nypost.co...

4
0
Stamina

patekphilippe

How do banks judge how much stamina you have in interviews? How do they make a judgement on whether or not you'll be able to "handle the lifestyle"? Assuming you have 2 candidates: A) High GPA, Nails all the finance questions, smart kid, but kind of chubby/overweight (talking 10-25 lbs overweight,...

7
0
Golf - How to hold a club

Mzzzz

So who here golfs? I feel like im the only one in my office that doesnt even know how to hold a club. Plus, there are a few networking events (IB/PE/HF/AM people mainly) happening in my city soon; I'd hate to look like an idiot swinging at the ball. Thinking about taking a few private lessons, mayb...

64
0
WSJ in shock typo

Yacht_man

http://i26.tinypic.com/2z7ekwp.jpg...

9
0
Now THIS Is Baller

Eddie Braverman

Best One: Laurence Maroney at 2:59. ...

4
0
detroit to chicago

pedaltodaflo

i am looking for a bus/train service that will arrive in Chicago btw. 6-9 AM, any ideas?...

0
0
JPM e-mail format

Trojans11

does JPM have a new e-mail format? i've tried e-mailing about 6-7 JP ib guys all e-mails came back saying there was no such e-mail user. ...

5
0
Membership pay for WSO?

Trojans11

that "JOIN US TODAY! IT's FREE" on the top right... gives me the feeling WSO will start charging a one time membership pay in the near future....

4
0
Any Hypebeasts here?

Carlton Banks

Any Hypebeasts here? ...

9
0
Summer Internship and Training: The Analyst Advantage Program

WallStreetOasis.com

hey guys, just wanted to give you the heads up about a new program we've launched in partnership with The Analyst Exchange as an option for the summer. The Analyst Advantage Summer Internship and Training Program Summer 2009: 7/6/09 - 8/21/09 The Analyst Advantage Program couples the Analyst Exc...

1
0
Any Lupe Fiasco fans?

statarbmonkey

Any Lupe Fiasco fans? Food & Liquor- my favorite hip hop album....

6
0
House Health Bill Slaps 5.4% Tax on Top Earners

LouisWinthorpe3

http://online.wsj.com/article/SB124759535535340189.html this (obviously) doesn't affect me personally but why do democrats resent the wealthy and think of them as a slush fund for their pet projects? Most of the 1MM+ in AGI own small to medium sized businesses and employ people- a far cry from the...

6
0
British Terms

noexplode

What are some english terms a person in finance might encounter working with someone from across the atlantic? Some random ones that i can think of are lift = elevator, flat = apartment, biscuit = cookie. I read a recent post where someone used "the same" to mean something just mentioned, i can ...

3
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Scorsese Takes on the Wolf

Eddie Braverman

Okay, maybe all of you knew this already, but it came as a shock to me. I was browsing in a bookstore in Paris earlier today, and I came across the French version of The Wolf of Wall Street. On the book jacket there was a streamer that read, "Soon to be a major motion picture by Martin Scorsese." ...

7
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How to impress a guy?

Solidarity

I'm a dude. Given some other posts I've seen, I think we need this thread to counteract sex discrimination. Just throwing it out there....

5
0
All this Fashion Talk

monkeybank23

I want to know if anybody agrees with me on this... It is generally accepted that brand and style do not really matter that much as an intern or analyst as long as you look professional and cleanly. However, on all the "fashion" posts so many people point out little details like "OMG those animal ...

0
0
Megan Fox is a Man?

dipset1011

Is this true? I have fantasized about this girl since transformers came out. http://weeklyworldnews.com/celebs/4783/megan-fox-is-a-man/ ...

10
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Do You Dare Me?

bearing

I was thinking with the popularity of this website. Do you think it would be a fun idea to where a WSO T-Shirt during training. I know that training is b-casual but maybe during community service or during after hours I can wear it. I personally know a dozen fellow monkeys in my analyst class who us...

13
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Unemployed bankers flee to Buenos Aires

patekphilippe

http://www.playboy.com/articles/raging-bulls/index.html Has anyone seen this phenomenom much between their personal friends and contacts? http://www.observer.com/2009/style/beautiful-banker-yields-interest-life-after-goldman-catwalk?page=0 A friend of Mr. Webb’s had told him to come down and ha...

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