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Message
Investment Banking Associate Writes Master Class Email On How To Leave Deutsche Bank
Posted on 2/22/18 at 6:12 pm
Posted on 2/22/18 at 6:12 pm
quote:
What makes the email truly great is Keenan’s simultaneous awareness that neither he nor Deutsche Bank are worthy of anything but scorn, and that he apparently sucked at a job that obviously sucked. He even starts off with what appears to be a joke at the expense of private equity and cryptocurrencies.
And something has struck a chord in Keenan’s fellow travelers on the road of junior banking pain. His email has been “leaked” to us by 10 separate sources in the last 24 hours, a sign of both its viral popularity and its worthiness of a spot in the pantheon of “Wall Street’s Greatest frick Y’all Emails of All-Time.”
And without further ado, we present Bill Keenan’s masterwork: “bye bye_vF”:
Team,
My time has come. I’ve taken a position at the global private equity shop KKR (Kohlberg Keenan & Ravis) where I’ve been tasked with building out their cryptocurrency franchise.
Things I’ll miss: getting 7 calls from BIS minutes after sending over a request and explaining 7 times what I wrote clearly in the original email; padding my 110-hour staffing log with rogue assignments(a); having Dat swing by my desk and pester me (no, it’s not “live,” never is) even after I put in my headphones while he’s talking; non-speaking roles during credit calls; seeing Emily from time to time; pretending to know what specialty silicas are; watching full seasons of TV shows on Monday afternoons; MD’s assumption that the “F9” key magically re-does the model; Dammy’s ability to laugh through the depths of an all-nighter; forecasting interest expense as a percentage of sales in credit models; Burke standing 2 inches from me when he talks; the clarity and precision of Welsford mark-ups on the early turns; shootin’ the breeze with the 7’s; Prez over-promising and under-delivering; having the FactSet girl make price charts for me, then calling her back cause she sounds hot; having nary a clue if the seamless guy is on pine or wall street cause his flip phone has no volume control; hearing analysts say “will do” and “thanks” after getting shafted; V’ing up.
To my fellow junior bankers – I’m in awe of what you can do(b). I hope you each find what you’re looking for either here or elsewhere. And for those of you who’ve ever been staffed with me: sorry, but believe me when I say I was actually trying.
To Parin, Ashu, and the entire MAKS gang – I’m certain you’re breathing a collective sigh of relief. I’ve exhausted your capacity and blown up your Diwali weekends more times than you’d care to remember and for that, I hereby bequeath all my deal toys to you. Without you, I wouldn’t have gotten a job at DB. Seriously, you guys did the assignment that got me the offer during my internship though it took considerable work on my end to change notes in excel from “MA Knowledge Services” to “BKeenan.” Should you find yourselves stateside, beers are on me. I hope this is fine.
Lastly, a word of caution: to those of you who may find yourselves working in one of my old back-ups, tread carefully. This goes double if you’re staffed on Motiva where I hardcoded the entire football field in last summer’s deck.
Stay in touch.
Bill
LINK
What do you think will happen if his future employer at KKR gets hold of this email? I think he risks his offer getting pulled burning bridges like this.
Posted on 2/22/18 at 6:33 pm to Street Hawk
these are always awesome. stupid idea id never do but boy am I glad when I see others do jt.
Posted on 2/22/18 at 6:40 pm to Street Hawk
Yeah, he’ll probay get canned from his new gig too.
Posted on 2/22/18 at 8:13 pm to Street Hawk
He has a Bachelors from Harvard, MBA from Columbia, was a professional hockey player, and totally fricked up his career with that idiotic email. Loser. Typical of a guy who would have his SAT score on his LinkedIn profile.
This post was edited on 2/22/18 at 8:15 pm
Posted on 2/22/18 at 8:18 pm to Street Hawk
The KKR part might be made up. But yes, I would never send out this kind of email unless I was going to be joining the Peace Corp and would never see anyone ever again
Posted on 2/22/18 at 8:36 pm to TheWalrus
Lot of very intelligent people lack common sense
Posted on 2/22/18 at 9:02 pm to TheWalrus
quote:no way this is a thing
Typical of a guy who would have his SAT score on his LinkedIn profile.
Posted on 2/22/18 at 9:49 pm to TheOcean
quote:
Lot of very intelligent people lack common sense
He's probably not intelligent either.
Posted on 2/22/18 at 9:53 pm to tom
I was really expecting more from the letter. I don’t see how it’s a master class email. He doesn’t even tell his bosses to F off.
Posted on 2/22/18 at 10:13 pm to lynxcat
quote:
The KKR part might be made up.
Duh
Kohlberg Kravis Roberts
Cryto division? Lol
This post was edited on 2/22/18 at 10:18 pm
Posted on 2/24/18 at 2:24 pm to Street Hawk
It’s amazing how much respect and hard work can be easily forgotten when you’re on your way out and say/do something stupid.
I recently left my firm and elected to go the high road but to quantify my experience as a reminder about my tenure and my accomplishments. It was hard not to write something like this because I was wronged several ways but I want to be welcome back so I don’t want to be remembered as indignant.
I recently left my firm and elected to go the high road but to quantify my experience as a reminder about my tenure and my accomplishments. It was hard not to write something like this because I was wronged several ways but I want to be welcome back so I don’t want to be remembered as indignant.
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