Title says it all.
I'm ~2 years removed from my banking days and I'm moving apartments so figuring out what to do with my old lucites (they've been sitting in a box for the past 2 years).
Feels wrong to just throw them out but assuming I don't come back to banking (and I never, never plan on going back to banking), I'm not sure there's much to do with them.
What do you guys use yours for?
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I have tried on multiple occasions to throw mine out ($B+ M&A deals) but I have kept them in my home office for sentimental reasons. Depending on where you live you can always throw them out the window at tourists or hipsters.
I left them at the office when I quit(?)
I've kept all mine, though I've contemplated throwing them away at some point. Most of them are simple rectangular shapes so they are easy to transport. If I end up leaving the deal world, I'll definitely trash them.
they're good in case home is burglarized and u need quick wep - RE deal toys r da best for this since they're pretty pointedd lawl
LOL, well played.
I keep mine in my office. Some of the deals were pretty interesting and/or relevant to my current firm, so they're nice conversation starters.
I kept mine and put them at my desk at the firm I moved to. Everyone else has pictures of their wives and families, but I'm a lonely single guy who drinks copiously on weekends, so the deal toys filled that void on my desk.
Typically work office or home office depending on space. An associate I worked with while interning at a VC in college had a whole bookshelf dedicated for the deal toys he collected during his banking days. Some were regular old rectangular Lucites, others far more elaborate.
Another buddy of mine keeps his at his house, in his home office. Granted, he's working in DCM now, so has stopped collecting them since issuing debt becomes unremarkable after deal number 3, lol.
Regards
Lucites - Only have 5 (Originally Posted: 03/02/2007)
How many lucites are you IBD'ers taking to your next gig? I only have 5 to take with me to show for all the hell I've been through.
...basically worked on 2 deals for 2 years.
I left mine on my desk when i quit. Was a good feeling.
I don't think I'd ever take any lucites with me. They're hunks of plastic. They don't represent or make up for all the time spent, all the wasted weekends and all-nighters. Time is fluid and irretrievable; any attempt to crystallize it into a placard and stick it on your desk for status seems like self-deception to me. For me I think they would be more of an imposition than a point of pride. Of course, perhaps when I finally get one I'll fall in love with it and polish it every day and sleep with it under my pillow... but somehow, I don't think so.
Are all memebers (MD to Analyst) of a deal team given lucites ?
Or does it depend on the level of involvement ?
All members of a deal team are given lucites. Including some people who were only peripherally involved in the deal.
Depends actually. If your bank wasn't lead on a deal, you're prob not getting one. If it was, you're prob designing, ordering, etc. which is the biggest waste of time ever.
Bascially every MD involved gets once (even if they didn't do much) - i.e., product groups, and then the whole banking team assuming the deal was of decent size...
Are analysts some times asked to get these made ?
After all the work on the deal and the hrs spent...this must be awful !
Analysts always make em, and it is more tedious than one would think.
Ya it's a waste of time. Cool to get one as a summer tho before the bitterness sets in.
would need to be very lucky to get one as a summer. i 'closed' live transactions during my summer but the lucites took too long to arrive so i never got mine.
the catalogs with all the designs in them are pretty cool though. but then again so are the desks literally covered with lucites in the MDs offices.
Lucites - Any thoughts? (Originally Posted: 06/06/2006)
So, when I summered at a top bank (think GS/MS) I got a lucite for a deal I worked on. I ended up accepting a full time offer from a less prestigious BB (think UBS,CSFB,DB). My question is, would it seem pretencious to display my lucite on my desk once I start as a first yr analyst (or like I am trying to show off or something). I am very proud of it since it was the main deal that I spent my summer working on but I don't want to come off badly to my new office. Any thoughts are very appreciated.
can't offer advice to you about that, but good stuff. PD was quite happy about the lucite as well...
i would just have it at your desk in a spot that isn't so noticeable...don't put it up on the space between cubes or display it prominently. at least not until you actually get a deal toy from the bank you're working at. Then by all means, show away.
Don't put it man ... what r u gonna gain from that ?? Put it in your bedroom at home.
is less prestigious than GS/MS?
who's your daddy?
this must be a joke.
You're only going to bring negative attention to yourself for displaying a lucite from a deal done at a different bank.
I would second this opinion - assuming you're only an analyst
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