Showing results:
Displaying 151 - 200 of 302
Securities at GS or Operations at Barcap
Hello, all. Thank you for showing interest in my forum. I am a third year college student who has been offered an internship position at the Securities Division of Goldman Sachs and at the Operations Divisions at Barclays Capital, respectively. I have hard time making decision on which offer to...
GS GIR Salt Lake
Anyone heard back from the superday on Nov 2 or Nov 1?
BAML IBD v. Goldman Legal-Prestige Factor?
Hey guys, I have a good sense of the differences between BAML IBD and Goldman Legal, but I wanted to know which would provide the best exits and has the better prestige factor? I did BAML IBD this summer and liked it a decent amount, but am not sure what I want to do in the future. Also, I know...
Wall Street Oasis in NY Times - Dealbook
Wall Street Oasis mentioned in the NY Times Dealbook section today right here: http://dealbook.blogs.nytimes.com/2010/09/29/in-a… ...we'll ignore the fact that I was misquoted :-) -Patrick
Goldman Global Investment Research
I am currently a junior in college getting ready for the recruiting season. I am looking at applying to Goldman, and I thought for a long time I would apple to the IBD , but now I am considering the Global Investment Research division to do equity research . My question is: if I do an internship...
Burry The Seer Talks Housing, Gold, and Goldman
Michael Burry, the former head of Scion and well-known maverick who had the stones to short those nefarious mortgage deals as early as 2005, recently sat down for an exclusive interview with Bloomberg, in which he discusses his thoughts on the housing market, who's to blame for the financial crisis,...
I tried to bag the elephant (Goldman MD) but failed...
Emailed a Goldman MD I met a while ago. No reply... oh well...
Goldman Sachs #2 Overall, Citi Is a Boiler Room, and SocGen Is the Pits
This might come as a shock to some of you, but the people who work at Goldman Sachs are pretty happy about it. Glassdoor.com released an industry-wide report card on Friday, and not only did Goldman Sachs rank #2 in overall employee satisfaction (behind Susquehanna International Group), but CEO...
What the fudge Goldman!?
I generally don't like to list things that make me mad. Otherwise, this server would crash quite often. There are certain times, however, that watershed moments occur and and action is needed. Little things make a big difference and considering the way the whole street mimics Goldman, pretty soon we...
SEC Under Investigation in Goldman Sachs Case
The SEC is under investigation by their own Inspector General, H. David Kotz, to determine whether the timing of the filing of the fraud case against Goldman Sachs , it's subsequent announcement, and/or the case's recent settlement were in any way motivated politically or by agency leaks to the New...
Goldman Sachs HFS
Hi all, I was wondering if anyone had any specific information on the GS Hedge Fund Strategies group. What skill set will you pick up from this group? How is the compensation for analysts/ associates/vp/md? Also, how are the exit opps for someone coming out of this group? Thanks!
Reflating the Idiot Bubble
I remember sitting at a symposium in the fall of 2008. Ken Lewis was the keynote speaker. BofA had just acquired Merrill and Countrywide but nobody seemed nervous. Not one bit. I mean Lehman just went down, but so what? I tried asking Mr. Lewis about the logic behind BofA 's recent acquisitions...
GS Recruiter call
Hello All! I wanted to get everyone's thoughts on the call I had recently with a Goldman's Operations recruiter. I am currently working for another BB bank, and GS found my CV on one of the job boards. They called me up out of the blue, and asked a lot of questions about my current role, and about...
n00bish Question about Goldman Sachs
I don't really understand how GS is (historically at least) Wall Street's most profitable bank? How are they the most successful? Have their earnings been historically higher than any other investment banks ( JPM , BofA , C)?
Is Lloyd Blankfein Finally Toast?
It's not easy being Lloyd Blankfein these days. I have to believe he was one of the only people on the planet to feel relief when the Deepwater Horizon exploded. With news of Goldman Sachs seeking a back-channel settlement with the SEC, a recent FCIC subpoena accusing Goldman of stonewalling, and...
Goldman Sachs Has First Perfect Quarter With Zero Trading Loss
http://preview.bloomberg.com/news/2010-05-10/gold…- trading -losses.html Goldman traders made money EVERY SINGLE DAY of the first quarter, something that GS has never done before. Some people are saying that GS might have an unfair advantage in the markets, but GS affirms that the success in the...
SEC Should Take Goldman Sachs Olive Branch and Run
It's being reported that Goldman Sachs has opened a back channel of communication with the SEC, and may be offering to cop to a lesser plea and pay a fine in order to make the Abacus fraud case go away. If there's anyone with any brains at the SEC (and that's a big "if"), they'd take whatever deal...
Goldman PIA
Hey guys, I'm heading to bschool in the fall, and spent the last two years in mgt level role at a healthcare start-up that eventually became a GS PIA portfolio company. I did quite a bit of work with the group (though not directly, mainly with our CEO/COO who worked directly with PIA) on closing the...
Mr. P and the Abacus
Props to Conspicuous Cynic for this timely explanation of the Abacus crisis at Goldman:
Goldman? Pfff, Here Are The Real Threats
I don't know why all this hullabaloo involving Goldman is getting so much press; if Goldman is guilty of anything, it's guilty of loving too much. Nevertheless, beware: danger is afoot. The number of threats to American values and pocketbooks are sky-rocketing in this economy, and these threats are...
The Untold Story of Goldman's Relationship with Baidu
Much has been said today about Goldman Sachs dubious financial practices, but most have not heard about Goldman’s involvement in the initial public offering (IPO) of Baidu and the subsequent BIDU share price movements. Goldman Sachs and Piper Jaffray, along with Credit Suisse First Boston,...
BREAKING: Goldman Charged with Fraud
The SEC has filed suit against Goldman Sachs , charging the firm with fraud in relation to the subprime mortgage crisis. Specifically, the SEC is alleging Goldman sold securities purposely designed to fail. "The product was new and complex but the deception and conflicts are old and simple," said...
Fraud Is In the Air
Can you smell it? As bankruptcy hearings go, Lehman's is turning into a doozy. I think we're starting to see why the banks are so opposed to disclosure. First came the accusation that Barclays induced then-Lehman employees to understate the value of the firm's assets by $5 billion during the...
Josh Birnbaum - Tilden Park
Anyone know how these guys are getting on? How much money they manage? Strategies? Curious.....
quick question—analyst base and signing at goldman
just a really quick question, a friend of mine doing banking at goldman next year straight out of undergrad says his base is 80 and he's getting 20 signing, is this total bullshit? i thought it was 70 / 10 everywhere still
Public Finance-Ibanking vs Fund of Funds vs PWM
Hi Guys, I just received three offers for three different positions and wanted to see if ya'll can help. I'm deciding between public finance- investment banking analyst role, well-sized fund of funds analyst, and PWM analyst position with a BB . What do you think is the best position as far as comps...
GS IBD "Strategic Relationship Management"
Scoured search function but found nothing... Can anybody shed light on GS 's "Strategic Relationship Management?" Being interviewed for FT position. Assumed it was not a great gig because it's not traditional IBD and seems like marketing. But when I found a job listing online, it mentioned as...
Sopranos -- Paulie explains EBITDA
Found this thought it was really funny.
Goldman SA to FT 2011
So I've heard Goldman is known for having lower conversion rates for SA to FT compared to the rest of the BBs , but does anyone know what the percentage of interns for 2011 received offers in Sales and Trading? What are expectations for this year? Answers would be greatly appreciated!!!
Want a job at Goldman Sachs? Go to LSE!
This is getting passed around Facebook a lot, worth a look!
Goldman @ Fuqua
OK- yet another Fuqua question: Do you guys know if Goldman goes to Fuqua for on campus rec.? According to Fuqua's emp. report they have hired 1 full time and 7 interns last year. Not sure about the allocation though- if all of those are for PWM (like Kenan-Flagler) than that's not very good. Can...
Columbia vs Dartmouth vs Cornell for I-Banking/S&T/Wall Street
Hi, I am a senior in high school and have recently been accepted to Columbia, Cornell, and Dartmouth. I am interested in investment banking/ trading /other wall street careers (early, I know) and was wondering which of the 3 schools would be best for my goals. How is finance recruiting at each of...
Goldman FICC FX Structuring Strats
I got an email this morning saying I was selected for an interview with Goldman FICC FX Structuring Strats. I don't know how I got selected as I never applied for such a position, but since it's still GS and I don't have a job lined up yet obviously this is something worth pursuing. My question then...
GS Internship Workshop
I was recently invited to the GS Internship Workshop next month in NYC . Has anyone attended this event in previous years or know anything about it? They describe it as an opportunity to prepare for the upcoming summer, listen to presentations, and network with employees. I received an IBD SA offer...
How does "Goldmine Sachs" make its money?
Thought it was pretty interesting. Especially the line: " Goldman Sachs is a hedge fund masquerading as an investment bank"
Teach For America x Goldman Sachs? A match made in heaven?
So for those of you who are unaware, Teach for America and Goldman Sachs firmly cemented their partnership this year. Goldman will be offering (at least) 20 minorities in the incoming Teach for America class summer internships. Do you all think this is a move to try and take away from the evil...
Colbert on Bonuses and Goldman Sachs
The Colbert Report Mon - Thurs 11:30pm / 10:30c
GS New Analyst class full?
I was recently referred to a GS hiring manager through a contact with the brief response that the New Analyst class has been filled already. Do you guys have any suggestions as to how to still be considered for a position within GS IBD ? As for background info: I will be graduating from non-target...
Nomura Hires First Female CEO - Junko Nakagawa
According to BBC News, Nomura made a very bold move this week by appointing its first female CEO. Junko Nakagawa joined Nomura Securities Co. in 1988, working at its underwriting and finance divisions before leaving the company in 2004. This could start a trend in upward mobility for women in the...
KKR Tries to Fool Investors with Toys R' Us IPO
Toys R Us was an Opco-Propco deal done by KKR , Bain, and Vornado in 2005 for $6.5+ billion. The company was one of the largest owners of real estate in the United States, other than McDonalds. Since the toy business was not performing well and Babies R Us could not yet produce enough EBITDA to...
Warren Buffet BH Annual Shareholder Letter - 2010
Warren is ready to start making acquisitions. Berkshire Hathaway is now earning nearly $1 billion per month in net income and has nearly $38 billion in cash reserves, the largest reserve hoard since 2007. WB has been known to use his cash cow insurance business to fund acquisitions. Investment...
GS Chi/SF vs DB NY, SA 2011
First time poster, long time reader. Thoughts on these two offers? The GS office is one of their better regional offices (SF/Chi)...both IBD of course . Looking for the offer that leaves the most and biggest doors open. GS would be an easy pick but Im not sure about their policy on transferring a...
Not applying to Goldman cus...
cus their swag pens suck, and they're freakin ugly. it's all about the details and GS aint cutting it, look at CS or Rothschild . They know what they're talking about. thoughts?
Mezz Debt & Capital Structure
Oasisers, I was looking at a capital structure that was comprised of 2 tranches of senior debt and 3 tranches of mezz below it. The interesting part is that the 1st piece of mezz after the 2 senior tranches has the lowest interest rate in the entire capital structure 6.10%(mezz 1), while the 2...
JP Morgan Culture NYC
Hi I have an unofficial interview with an executive director at JP Morgan IBD in NYC . I wanted to ask about what the culture is like and what kind of people they look for in new hires. I've heard that people who work there tend to be pretty chill but do work and play hard as well. JP Morgan Chase...
GS Desk Strategist SA or Low Tier BB S&T
Although I already verbally accepted an offer for a low tier BB sales and trading position, I recently got an email requesting an interview for Goldman Desk Strategist. From my understanding, the position sounds like a heavy quant MFE type role. Do you think I should renege on my offer and pursue...
GSIP (Goldman Sachs Investment Partners) Phone Interview?
Does anyone know the types of questions I should expect for a phone interview with GSIP? It's roughly an hour long. Ran a search on past GSIP topics, but most were discussing whether the group still existed or possible ways to lateral in. Would really appreciate any help on how to prepare for this...
GS SA Interview for IBD last Friday
On Friday I had interviews with GS for SA in IBD . I'm from a non-target and realized that while there I was with all other non-target students. I had 3 interviews with 2 people in each. For the latter half of the day I met with one particular group - they cycled in 7 people, which was a mix of...
Goldman S&T Summer Internship Superday Interview
Hey everyone! I am a third year in college. I have a final round with GS Securities HK office coming up. I am wondering what kind of questions I should expect. for my first round, I had two thirty minutes phone interviews. One of them was all fit. The other one was mostly fit questions and one...
Ethics of Goldman handling Facebook IPO
Today I read the NY Times dealbook article comparing Zuckerberg to how Gates was pre-IPO and how similar they seem. One possible to be similarity is using Goldman as an IPO bookrunner. It's well documented that Goldman has invested $450 million in Facebook at a $50 billion valuation. So is it just...
or Want to Sign up with your social account?