Prostitution & IBanking

Is prostitution really popular and run as rampant in ibanking as the media and movies portray? I mean, I find it surprising that so many our nation's smartest people on Wall Street would risk getting a lethal STD just to satisfy some temporary urge. I know the work hours are bad and gives no time for dating, but I have lots of friends who've graduated since 2007 and working for BBs and they all have time to party or go on dates at least on Friday or Saturday nights so it can't be THAT bad. Do most ibankers really call up so many prostitutes as the stereotype?

Comments (19)

Jun 30, 2010

Definitely is in s&t and we only work 45 hours a week. That and cocaine.

Jun 30, 2010

Dude, repeat after me. What you see on TV and in the movies is not how real life works.

Holy shit, buying hookers is not some common place activity. Ass in NYC is so easy to come by only shrek would have to pay for a BJ and guess what, that kind of dude isn't going to be in banking.

Side note, there are different levels of hooker. Bankers are not grabbing crack heads from under a bridge. They are getting some decent pay for play from a service.

Coke is common in NYC.

Jul 1, 2010
AnthonyD1982:

Side note, there are different levels of hooker. Bankers are not grabbing crack heads from under a bridge. They are getting some decent pay for play from a service.
Coke is common in NYC.

Yeah, they aren't trolling around looking for nasties kicking rocks in the gutters. It they do get a 'hooker' they are likely utilizing an escort service.

I have this feeling you are more likely to acquire an STD from the 'random' at the bar then a $5k-a-night escort/hooker...but who knows, I haven't had to pay for anything yet so I am speculating.

Regards

Jul 1, 2010
cphbravo96:
AnthonyD1982:

Side note, there are different levels of hooker. Bankers are not grabbing crack heads from under a bridge. They are getting some decent pay for play from a service.
Coke is common in NYC.

Yeah, they aren't trolling around looking for nasties kicking rocks in the gutters. It they do get a 'hooker' they are likely utilizing an escort service.

I have this feeling you are more likely to acquire an STD from the 'random' at the bar then a $5k-a-night escort/hooker...but who knows, I haven't had to pay for anything yet so I am speculating.

Regards

Agree with cph. Bankers not picking escorts actually makes them risk lovers and makes traders look very risk averse because with an escort, you will probably be sober and extra careful and with a random girl at the bar, you will be at least tipsy and carefree.

Of course this is risk relating to stds but in the case of reputation or getting "caught" then bankers are risk averse

Jun 30, 2010

yeah that's what i figured. but there was both an NYT article as well as a small segment on CNN the other week about Wall Street and prostitution and even a news anchor reported that "Wall Streeters need to wind down after all the stress at the end of the day and prostitution has become prevalent in this side of town"

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Jun 30, 2010

There are some hookers who charge more per hour than top lawyers at Magic Circle firms.

You know you've been working too hard when you stop dreaming about bottles of champagne and hordes of naked women, and start dreaming about conditional formatting and circular references.

Jun 30, 2010

Well you know what I think happens. The chicks go to bars where bankers hang out. They get all friendly, the guy is all drunk and right before it gets going on they drop the price list. I seriously doubt bankers are rolling out finding hookers that you see on TV. Whatever prostitution there is going on it is high end.

Jun 30, 2010

NYT sucks ass also.

Jun 30, 2010

Most guys in IBD are too risk adverse to chance it.

Jun 30, 2010
drexelalum11:

Most guys in IBD are too risk adverse to chance it.

This sounds about right

Jun 30, 2010

Any banker cought with a hooker should lose his job. As stated above, what does that say about his risk aversion skills. Traders surround themselves with pantydroppers anyway so they don't need hookers unless they look like a bassethound

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Jul 1, 2010

If you look at hookers and girlfriends as an investment, hookers definitely have a much greater NPV.

Time: Hookers are very time-effective. You fuck for an hour or so, then you tell her to get the fuck out. No strings attached, and you dont have to waste time with foreplay.You also dont have to spend time taking her out to dinner or other stupid shit just to get her to fuck you.

Emotional Involvement: With hookers it's just good old meaningless sex, but with a girlfriend you have to satisfy her emotional needs as well. This usually means spending hours listening to her spew shit about her fucked up relationship with her parents, or how her coworkers are talking about her behind her back, or some other inane bullshit.

Perversity: If you pay enough some hookers will let you do the nastiest shit imaginable to them. I'm talking torture, scat and watersports, bareback, blood orgies, you can beat the shit out of her etc. Most normal girls are reluctant to even give you a blowjob.

The only downside to hookers is of course the money, but relative cost depends on how you value the intangible benefits stated above. Anyway, when you work on Wall Street money aint a thing.

You know you've been working too hard when you stop dreaming about bottles of champagne and hordes of naked women, and start dreaming about conditional formatting and circular references.

Jul 1, 2010
Zweihander:

If you look at hookers and girlfriends as an investment, hookers definitely have a much greater NPV.

Time: Hookers are very time-effective. You fuck for an hour or so, then you tell her to get the fuck out. No strings attached, and you dont have to waste time with foreplay.You also dont have to spend time taking her out to dinner or other stupid shit just to get her to fuck you.

Emotional Involvement: With hookers it's just good old meaningless sex, but with a girlfriend you have to satisfy her emotional needs as well. This usually means spending hours listening to her spew shit about her fucked up relationship with her parents, or how her coworkers are talking about her behind her back, or some other inane bullshit.

Perversity: If you pay enough some hookers will let you do the nastiest shit imaginable to them. I'm talking torture, scat and watersports, bareback, blood orgies, you can beat the shit out of her etc. Most normal girls are reluctant to even give you a blowjob.

The only downside to hookers is of course the money, but relative cost depends on how you value the intangible benefits stated above. Anyway, when you work on Wall Street money aint a thing.

Philosophical Observation: "If you pay enough some hookers will let you do the nastiest shit imaginable to them. I'm talking torture, scat and watersports, bareback, blood orgies, you can beat the shit out of her etc. Most normal girls are reluctant to even give you a blowjob." This shits fucked up lol.

And good points on 'emotional involvement' lol.

Jul 1, 2010
Zweihander:

If you look at hookers and girlfriends as an investment, hookers definitely have a much greater NPV.

Time: Hookers are very time-effective. You fuck for an hour or so, then you tell her to get the fuck out. No strings attached, and you dont have to waste time with foreplay.You also dont have to spend time taking her out to dinner or other stupid shit just to get her to fuck you.

Not to mention the value in not spending money to go to the movies, dinners, shows, vacations.

...So hookers practically pay for themselves!

Regards

Jun 30, 2010

You watch too much TV, dude

Jul 1, 2010

Any question that is prefaced or includes the statement 'on tv it shows...' should automatically be removed.

If I had asked people what they wanted, they would have said faster horses - Henry Ford

Jul 1, 2010
Jul 1, 2010
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