Has anyone ever had to help on a transaction for a company that they absolutely despised due to their business practices? I guess you would have to suck it up and do it but I'm curious to see if anyone has ever felt any cognitive dissonance from it.

For me, I would feel like a scumbag if I had Koch Industries, Monsanto, etc as clients and was helping them out...

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It's just a job, don't take yourself so seriously. Those companies are so overbanked you should be glad they are doing business with you, lots of fees.

Financial Modeling


Whatever their reasons, Monsanto may very well be one of the leaders in helping reduce world hunger for the decades to come. On the other hand, their products killed a few rats, so yeah, really dangerous. Better get out of aspartame too while I'm in a stupid mood.

It strikes me as funny that companies like Inbev seem OK to most people (DUIs alone kill more than any other drug) while oil companies (that make food distribution way cheaper, as Monsanto may do as well) are labeled as evil.

I would be more bothered by being on IB in general getting extreme pressure to produce "optimistic" numbers for the IPO.


if you don't, someone else will....

"After you work on Wall Street it's a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side." - David Tepper


There are a lot of companies worthy of condemnation, but Monsanto and Koch are not among them. I have far a far greater disdain for companies that flagrantly destroy shareholder value. Unfortunately, investment banks help a lot of companies destroy value through acquisitions, unnecessary debt offerings, etc.

Ultimately, I wouldn't worry about what your clients are doing. Oreos is right - if you don't serve them, somebody else will. You are not endorsing your clients' decisions by serving them.


Ever think the company on the other side might be thinking the same thing about your 'evil' investment bank.

You're not in a very holy industry so I wouldn't be all high and mighty there bud...


Can you elaborate on this?


Koch Industries gets a lot of crap, but I think a good half of it is stirred up by pissed off people on the far left. If you actually look at how much the Koch brothers managed to grow the business they inherited, it's incredible. I've got mad respect for those guys.

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