Comments (12)

Aug 19, 2013

Why not?

More often than not, the upbringing of children borne to powerful and influential leaders in society are privy to the privileged life of frictionless access to the best education opportunities, a conduit to the echelon of society populated by similarly successful and influential people as the parents, and a lifetime guarantee of monetarily-mitigated risk-taking.

As members of the most elite institutions and networks, investment banks, with performance primarily driven by the strength of their relationships, make a highly-prudent investment when selecting the spawn of the captains of industry.

The ability to suppress their intentions, as you show, is another story.

Aug 19, 2013

OP is being sarcastic.
we all know banks do that

Aug 19, 2013

Been going on for ages, whether it's for IBD deal flow or S&T business...

Aug 19, 2013

Simply look at the new US ambassador to Japan, Caroline Kennedy. She doesn't even speak japanese. The only reason she's there is because she raised money for Obama. Also, Obama probably wanted his tribe (family) to have a good connection with the Kennedy family.

It's all business. If you want to join the party, the points of entry to the system are Harvard, Yale & Princeton.

Aug 19, 2013

I recruited an Analyst at my old firm and there was 2 requirements for the position:
- Comes from money / connected
- Good grades / good "background"

I left the firm about 2 months after...

Aug 20, 2013
Turnaround:

I recruited an Analyst at my old firm and there was 2 requirements for the position:

- Comes from money / connected

- Good grades / good "background"

I left the firm about 2 months after...

I can't believe this...

UK - Economics Student

Currently watching:

Suits
The Newsroom
Game of Thrones

Aug 20, 2013
Turnaround:

I recruited an Analyst at my old firm and there was 2 requirements for the position:

- Comes from money / connected

- Good grades / good "background"

I left the firm about 2 months after...

are people like that hard to find?

Aug 19, 2013

This is soooooo shocking

Aug 19, 2013

Jeez, I am shocked I am not heavily recruited for politics. Wait, I take that back I just got another email about donating to some random political race.

Follow the shit your fellow monkeys say @shitWSOsays

Life is hard, it's even harder when you're stupid - John Wayne

Aug 19, 2013

Not to mention this is prob one of the only reasons I got the job I did.

Follow the shit your fellow monkeys say @shitWSOsays

Life is hard, it's even harder when you're stupid - John Wayne

Aug 19, 2013

ON a related note, JP Morgan is getting swarmed with lawsuits from the DOJ and SEC. If Jamie Dimon can weather this I think he takes the title of King of Wall Street

"Better to remain silent and be thought a fool than to speak out and remove all doubt." --Abraham Lincoln

Aug 19, 2013
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