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re: How do you feel about young NY investment bankers being worked 80-100 weeks?
Posted on 5/10/24 at 2:48 am to Thundercles
Posted on 5/10/24 at 2:48 am to Thundercles
I have no sympathy for them. They usually end up as a managing director or a cushy corporate job. Having been on the other side of it, their main job is packaging info and trying to sell it, or to repackage info from corporate teams to provide the C Suite cover for their decisions.
One of my favorite stories was when my boss asked a managing director from JP Morgan what their job was in an IPO. Knowing that my boss is a gambler, I explained to him they’re essentially bookies. The guy from JP Morgan blustered a bit but had to admit I was right.
One of my favorite stories was when my boss asked a managing director from JP Morgan what their job was in an IPO. Knowing that my boss is a gambler, I explained to him they’re essentially bookies. The guy from JP Morgan blustered a bit but had to admit I was right.
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