Investment Bankers are lazy?

I was at an NYC bar this weekend with an IB buddy from college working at GS this weekend and my buddy was called lazy! All night we were trying to avoid the fact that I work for Bain and he works for GS, but eventually it came up. After our occupations came out we were both called "lazy" and "overpaird" and "addicts" but are we really overpaid?

Last week I worked 80hrs and my buddy worked 83hrs, how it that lazy? That got me thinking, I make ~85k a year, which is comes out to about $20/hr and my buddy all in comp is 75k which comes out to roughly 18 dollars an hour! Since when is making 20 dollars an hour overpaid? We make 85k an year because we work our asses off, we aren't lazy and we aren't overpaid. Anyone else tired of being called overpaid and lazy?

No point to this thread, more of a rant, I must be on co***ne.

 
ladubs111:
sounds like MO/BO comp but holy fuck that's a lot of hours for those roles.

Its FO but he slept with his MDs wife.... Doubt he's getting a bonus. Is that fair to say?

 
Best Response
<span class=keyword_link><a href=//www.wallstreetoasis.com/finance-dictionary/what-is-a-hedge-fund-HF>HF</a></span>-MFE:
ladubs111:
sounds like MO/BO comp but holy fuck that's a lot of hours for those roles.

Its FO but he slept with his MDs wife.... Doubt he's getting a bonus. Is that fair to say?

Um, he works at GS and slept with his MD's wife? Why do I feel like this is just a story that is told for the sake of telling a story?

 
<span class=keyword_link><a href=//www.wallstreetoasis.com/finance-dictionary/what-is-a-hedge-fund-HF>HF</a></span>-MFE:
ladubs111:
sounds like MO/BO comp but holy fuck that's a lot of hours for those roles.

Its FO but he slept with his MDs wife.... Doubt he's getting a bonus. Is that fair to say?

might get 200k instead

 

85k... that's why I would never go into consulting. And if your story is true, your buddy just paid for a $60k hooker. That's his fault he's only making $20/hr. Seriously though, how did he not get fired?

 

How the fuck is your friend still employed after sleeping with the MD's wife? If I was the MD, I would throw your ass out, along with my wife, unless there isn't a prenup.

 

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