Business Insider advising summer interns to avoid Hamptons

Noted without comment - here's the Dealbreaker take on this one (link inside post)

Business Insider To Wall Street Interns: Stay The F*ck Out Of The Hamptons, Bro

For those with keen eyes, the streets of Manhattan are increasingly filled with shiny loafers, sensible skirts and newly-pressed khakis. The wearers of these garments look somehow fresher and more alert than the average New Yorker, but behind those eyes is a perceptible, roiling emotional cauldron of unbridled hope and near-crippling fear.

The Wall Street interns have arrived, y'all.

And so it falls to the Bible of DadBros to step into the void and speak directly to NYC's newest and greenest residents, giving them the kind of pertinent, insidery advice that will take them directly from a windowless cube to the corner office.

Take it away, Business Insider:

We've heard this so many times, and we feel the need to share it again with the incoming class of Wall Street interns.
One great piece of advice any banker/hedge funder will give to the new recruits isn't what they will want to hear.
Don't go to the Hamptons.

You heard them, interns. For the love of all that is good and holy, stay the hell out of the East End of Long Island.

http://dealbreaker.com/2015/06/business-insider-to-wall-street-interns-…

AttachmentSize
nohamptons-260x195.jpg 21.87 KB21.87 KB

Comments (10)

7y 
Dances With Newfoundland, what's your opinion? Comment below:

The Hamptons: grossly overrated, just like NYC.

I went to Hamptons several times with a bunch of my classmates. It was sort of fun, but everything was SUPER packed, lot of unsavory characters, and the beaches are laughable compared to the ones in southern california. The only saving grace was that it was a temporary salvation from the nightmare and filth of NYC during summertime.

  • 3
  • 1
7y 
CRE, what's your opinion? Comment below:

Don't even get a swagger jacket from the Hamptons. It's no Harvard.

Commercial Real Estate Developer

  • 1
  • 3
7y 
IlliniProgrammer, what's your opinion? Comment below:
MBAGrad2015:

The Hamptons: grossly overrated, just like NYC.

I went to Hamptons several times with a bunch of my classmates. It was sort of fun, but everything was SUPER packed, lot of unsavory characters, and the beaches are laughable compared to the ones in southern california. The only saving grace was that it was a temporary salvation from the nightmare and filth of NYC during summertime.

How about Washington Island, WI in Lake Michigan. It's a redneck version of Martha's Vineyard, replete with ramshackle hamburger stands and rusty pickup trucks (not necessarily Hondas- those haven't gotten there yet).
7y 
PeterMullersKeyboard, what's your opinion? Comment below:

I have a feeling this is more like "Please, stupid interns, don't ruin it for us, the BSDs"

"When you stop striving for perfection, you might as well be dead."
7y 
Gangster Putin, what's your opinion? Comment below:

Why is it that practically every news site ridicules Wall Street culture when it's convenient to do so while at the same time trying to seem "in the know" by rattling off some useless anecdotes when it's to their advantage?

7y 
Dances With Newfoundland, what's your opinion? Comment below:

Minus libero sit voluptas ea. Tenetur et molestiae porro dignissimos enim. Voluptatem expedita facilis non magnam aliquid repellendus odit.

Start Discussion

Career Advancement Opportunities

June 2023 Investment Banking

  • Lincoln International (▲01) 99.6%
  • Jefferies & Company (▽01) 99.1%
  • Financial Technology Partners (= =) 98.7%
  • William Blair (▲11) 98.2%
  • Lazard Freres (+ +) 97.8%

Overall Employee Satisfaction

June 2023 Investment Banking

  • William Blair (▲04) 99.5%
  • Lincoln International (▲11) 99.1%
  • Canaccord Genuity (▲18) 98.6%
  • Stephens Inc (▲12) 98.2%
  • Financial Technology Partners (▲09) 97.7%

Professional Growth Opportunities

June 2023 Investment Banking

  • Lincoln International (▲01) 99.5%
  • Financial Technology Partners (▲06) 99.1%
  • Jefferies & Company (▽02) 98.6%
  • Lazard Freres (▲15) 98.2%
  • UBS AG (▲19) 97.7%

Total Avg Compensation

June 2023 Investment Banking

  • Director/MD (6) $592
  • Vice President (32) $396
  • Associates (148) $260
  • 3rd+ Year Analyst (11) $198
  • 1st Year Analyst (280) $170
  • 2nd Year Analyst (91) $170
  • Intern/Summer Associate (46) $166
  • Intern/Summer Analyst (206) $93