Good MD stories?
Always hear horror MD stories, can any share some good/funny MD stories for those of us starting our analyst stint in a couple of weeks cuz they can't all be bad, right? Right?
Always hear horror MD stories, can any share some good/funny MD stories for those of us starting our analyst stint in a couple of weeks cuz they can't all be bad, right? Right?
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My MD bought me a beer once. Helped a little when I was at work until 130a on Saturday and Sunday for his deal that weekend.
Wow! What a service!
I had this MD that had issues with alcohol so would never drink but he would buy packs of Peroni every Fridays
A former MD of mine was hilarious. He'd show up to the tower once or twice a week and was pulling in over $20 million in revenue annually for the group. He mostly kept to himself, but when you stopped by his office it was tough to leave because he had so many good stories to tell. At the time, I asked him for advice for how to succeed in the intern program and he told me "just don't get arrested".
"hey boss i'll hang around here all afternoon and listen to your stories if you help find someone to do the work i'm missing out on
"Oh what's that, you want to continue this chat at your weekend home in Montauk?"
My MD was a hardass on me and I honestly disliked how I was treated but during a tough period at the firm, I overheard her vehemently defending my job and vouching for me to the group head. Since then I had immense respect for her, mostly because I at least knew she appreciated the moments where I bent over backwards for her and it apparently paid off.
The first day of of my internship the MD on the team handed me $30 and told me to run down the street and buy two six packs of beer. He told me my taste in beer would directly affect the rest of my time at the bank. I played it safe and bought a pack of lagunitas and some type of pilsner I never heard of... I saw a pilsner in the kitchen fridge so I thought this was a safe choice.
Upon returning back (picture an intern that looks like he is 18 carrying two six packs through the lobby in the middle of the day), I handed him the beer and he begins to examine it... The first, Lagunitas, he likes it. Its a classic of course. The second, the pilsner. He inspected the bottle and yells "YOU GOT NON-ALCOHOLIC BEER?!" I was shitting my pants because I did not thoroughly examine the bottle... turns out he was joking and looking for a funny reaction... it worked. Got worked pretty hard that first week but always ended the day with a cold one in the MDs office around 8pm. Good times.
Pretty weird experience overall... and weird of him to assume I was even 21. But needless to say, I got the return offer.
Wow, I guess you really did cracked a cold one with the boys
Thread's been up for two days and we've got basically nothing. Tell you all you need to know.
All of our MD's in our regional BB office are intelligent, nice, respectful, helpful, go to bat for their people, and best of all, do not micro-manage. Could not be happier with the senior leadership here.
That last bit is so underrated. The worst are those MDs that selectively micro-manage when convenient for them so they end up randomly showing up in the process with limited knowledge of where the deal is and ruin everyone's lives
I lurk this forum because I want to make a career change.
Glad to see this behavior isn't limited to just my current industry :(
Tobin & Co?
Oh for sure, just wait until that sweet paycheck hits my... oh wait.
My MD once just placed his credit card on my desk before telling me to get everyone coffee.
Every other time, he threw the card.
My first year (couple months into the job), my hometown MLB team made the world series, so my MD bought me a flight with points and told me to quick go find a ticket to the game. Flew out that afternoon and met up with my buddies that evening. Pretty epic move on his part, even giving me the time off to go home for the game was very unexpected.
That's pretty epic. That might be the nicest thing I've heard an MD do.
You must have been one hardworking, reliable analyst -
Indeed. Now a hardworking, reliable VP with the same firm
My MD has us out to his lake house to ride around in a pontoon boat
I had the same last name and first initial of an MD in another group so I would get emails meant for him about once a week. Usually it was mundane internal stuff from other MD/D's that obviously weren't as detail oriented as they demanded everyone else around them to be... I would just forward these on after the first few not even bothering to add "Think this was meant for you."
Saturday night of the Memorial Day weekend my phone started blowing up with a string of emails from a VP I worked with on a pitch months ago. From her typing it seemed that she was having a meltdown powered by champagne and unrequited love since her texts weren't being returned. About an hour after these came through the message recalls started popping up.
Tuesday morning my "brother" MD stopped by my desk, which he never did, and proceeded to attempt to make small talk. After about the most uncomfortable five minutes ever, he asked me if anything interesting happened over the weekend. I told him it was a really quiet weekend and only a few hours of work on some pitches. He smirked at me and then made some comment about how important confidentiality is in our business and walked away.
Four months later we were at a company presentation/MBA recruiting event together. At the dinner afterwards he kept telling a couple senior folks with us how great it was to work with me. We had never worked together on anything. I just smiled and nodded since I knew they would be looking at comp numbers in the near future.
I left after bonus time that year. I hear he is still slaying VPs and Associates across the bank with impunity.
"...obviously weren't as detail oriented as they demanded everyone else around them to be" - love that
First week (during summer) I joined my MD dropped his black card on my desk and told me to go out and get 25 vanilla and 25 chocolate milkshakes and hand them out to people on the desk/floor and introduce myself. Was a great way to meet people and be remembered by them. “No one turns down a milkshake”
What about the lactose-intolerant people?
How did you carry 50 milkshakes?
Also curious. Essential questions here....
I was fortunate enough to work as an intern under a truly amazing MD at a MM IB, who was an absolute savage. He was the nicest dude, and brought more revenue in than an entire office in another major city (NY/LA/London). One of the few MDs who was liked by everyone in the firm.
It's a Thursday night, and this same MD told everyone to take the night off and go get fucked up. I was working under the only shitty analyst at the firm and knew that I was not to be included, so I was alone in the office around 1130 PM grinding out comps. This same MD (married btw) strolls into the office with two girls like 20 years younger, both incredibly attractive and wearing minimal clothing. He immediately starts fucking with me, asking what I'm doing there, why I'm not drinking, etc. He then turns to the girls and goes, "He's not actually grinding, he just likes to use the dual monitors to play Fortnite". Of course there is no evidence of this, and I have never mentioned gaming, but he keeps insisting that I am here to play video games. He then proceeds to break out an incredibly nice bottle of scotch, pours four drinks, and we sit around shooting the shit for a while. One of the girls is a recruiter and in front of my MD mentions that she works with guys in finance, and gives me her card while mentioning exit opps in front of my MD (who just laughs). The girls wander off into the MDs corner office and I knew it was my cue to leave, so I finished working from home out of respect for that MD. There were so many stories that circulated the office, some of which I heard directly from the MD himself, but they are incredibly NSFW. I have yet to meet another MD like him.
LOL how old was he?
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