Upper Decker on the Way Out

WolfofWSO's picture
Rank: Neanderthal | 3,816

So a teammate left not too long ago. Before he left, he valued out every workbook he managed making it nearly impossible to replicate some of the analysis he was tasked with. This was an intentional d!ck move.

Karma got him though, the joint he went to is one of those listed on the Operation Varsity Blues court doc.

Anyone else have stories of bridges burned.

Comments (17)

Mar 20, 2019

don't know if this qualifies as bridges burned...woman 25 years my senior I used to work with...I was loyal to her and wanted to help her build out a team, she flatly refused saying she didn't see a future in me. left the company because her business started to suffer, now I do a multiple of what she does.

I know I come off as a nice guy and I try to be gentlemanly in general, but I'd be lying if I said that feeling wasn't sweeter than anything I've felt in a long time. I don't wish bad things on her, and at the same time I smile every time I think about her floundering in mediocrity.

if she ever asked anything of me, I would politely tell her to fuck off, so yeah maybe that is a burned bridge.

    • 2
Mar 20, 2019

Is she doing sub 10mm private placements in Charlotte using unpaid intern labor?

    • 4
Mar 20, 2019

you connect the dots well

  • you know I'm in the southeast
  • you know she's a woman
  • you know she's an undesirable person

let's just let your imagination run wild...

    • 3
Mar 20, 2019

Thought this was going to actually be about someone leaving an upper decker on the way out. Thoroughly disappointed.

    • 7
Mar 20, 2019

at the risk of exposing my identity, here goes a true story...

former roommate of mine upper decked a toilet at a bar

the next week, the bar burned down. quite literally, an upper decker on the way out

I wish I was making this up

    • 2
Mar 21, 2019

You have saved the thread

Mar 21, 2019

I guy I know runs a restaurant and he had this crazy 20-year old that would show up to work drunk/high etc. work for him. After numerous warnings my friend had enough of him and sent him an email that his contract would be terminated and that his keys had to be returned by the end of the week.

A couple of days later he walked into the restaurant and found a big fat log on the restaurant floor. No toilet paper, no piss, just a shit, in the middle of the restaurant in between tables.

Oh, and he never returned the keys...

    • 2
Most Helpful
Mar 21, 2019

I got laid off in 2008 and unable to find an IB library/research gig, I got my real estate license. As I was painfully green, I was uber-cautious, always double-checking things, going to near extremes regarding due diligence and anything/everything to make sure I followed all laws and regulations to the letter and just general CYA stuff.

Got a call from another realtor who wanted to make an appointment to see one of my listings for a client looking to retire. Realtor shows up, we start to chat, claims he's a former banker from Goldman, we kinda-sorta connect on IB stuff when I share my former gigs, but he starts to rather look down his nose at me, in that way that some people have - "well, you're not really in IB, you just assist and serve those in IB." He gives off an air like he's God's gift to whatever line of work he's in, like knowing one business means you know all businesses.

Asks if I mind if he makes a video of the listing to send to his client, who is out of town. I tell him to knock himself out, film all he likes. He claims that his client is going to review the photos and videos he's made of various listings and decide, without coming to see any of the listings in person, just based on the videos/pics and this realtor's notes and his personal vibe of the property and location. Odd, but ok. Then says that his client will want to close within 30 days. Odd, but still ok.

I ask for the name of his client for my company's records and we part ways.

The client's name is Japanese. I find it intriguing that this individual is looking to retire in New York and in the Bronx, no less, even if a rather high-end part of the Bronx. I decide for shits n' giggles to see if the client is on the web in any way.

20 minutes later, I find his name on no less than 1/2 dozen sites, some real estate related, some scam related. Turns out this "client" has a knack for wanting to retire in places where he's always out of town. Also had a habit of offering an over-the-top amount of "earnest money" [usually a relatively small sum, like $500, to show their earnest interest in the property]. When the client's told that $50K isn't necessary, he then tells you to cash the check anyways and leave the rest in escrow to cover the future cost of the property or commission or what-have-you. Then he comes back and wants the money for one reason or another. So it's some sort of money-laundering angle.

I try calling and emailing the realtor, sharing the links that I found on his client. And I also informed my firm of the client's name so it could be red-flagged in the future.

The realtor never responded to my calls or emails. While it wasn't a burned bridge per se, I don't know if he was actually involved in the scam itself or whether he was simply too embarrassed that I found out more on his client than he bothered to find out.

But suffice it to say, if I ever cross paths with him again in the real estate game [I may return to it in a few years], I would certainly not do business with him. If you are a scammer and/or not savvy enough to spend a little time doing research when someone sounds too good to be true, I want no part of you.

    • 4
Mar 21, 2019

So a big shot from GS fell for the age old advance-fee scam. Wow.

Mar 21, 2019

Could you explain "valued out" for those of us not in the field?

Mar 21, 2019
Comment
    • 2