I thought I'd share an article posted on Bloomberg about this Moelis fiasco. WSO is mentioned in the second paragraph. I was waiting for Raich to do a little damage control.
"Raich, 51, addressed managing directors after industry forum Wall Street Oasis posted parts of an email that a "Moelis Staffer" sent to the firm's analysts after discovering many of them weren't in the office after midnight, according to a blog post on the website."
The user with the most MS I've seen on one comment in awhile was (kind of) mentioned: "The post on Wall Street Oasis sparked a range of comments, with some defending the point made by the email. 'This is how all investment banks work,' a commenter wrote."
I doubt much will change over there. This attempt to alleviate the situation was risible. I guess their class of interns this year is the largest it's ever been. Anyways, here's the article if you're interested in reading it: Moelis Reminds Staff to Treat Young Bankers Well