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1
Posted on 8/22/11 at 8:10 am to lynxcat
Posted on 8/22/11 at 8:33 am to RedStickBR
RSBR, sorry I didn't get back to you. I think we were both too busy anyways 
Posted on 8/22/11 at 12:47 pm to lynxcat
No worries man. I was really too wiped out to go out and drink anyway. We'll catch up soon.
Posted on 8/22/11 at 8:50 pm to RedStickBR
Posted on 8/22/11 at 9:54 pm to lynxcat
If this would have come out in 2009 we would have 10 different threads on it and multiple pages. Today, its relegated to after-thought status...
Morgan Stanley at Brink of Collapse Got $107 Billion From Fed LINK ][LINK]
The story is long but the numbers are simply mindblowing.
Morgan Stanley at Brink of Collapse Got $107 Billion From Fed LINK ][LINK]
The story is long but the numbers are simply mindblowing.
quote:
Within a week of Lehman’s bankruptcy, Morgan Stanley had lost $84.8 billion of prime-brokerage free credits, according to a Morgan Stanley treasurer’s report released by the crisis commission. The next week, $43.3 billion more flowed out.
This post was edited on 8/22/11 at 10:06 pm
Posted on 8/22/11 at 11:27 pm to kfizzle85
Just got finished working a 39 hour straight session at the office. Feel like I was physically beat I'm so tired.
Posted on 8/22/11 at 11:40 pm to Athanatos
Sounds like something I went through around Christmas time of my freshman year. Get some sleep brah.
Posted on 8/23/11 at 12:15 am to kfizzle85
Posted on 8/23/11 at 12:27 am to lynxcat
Saw that earlier, bizarre.
Posted on 8/23/11 at 7:40 am to Athanatos
Fight the good fight bro.
Posted on 8/24/11 at 1:45 pm to TheHiddenFlask
Offered and accepted. 20% raise before bonus FTW. At the midpoint of the potential bonus (so being conservative), 50% raise after bonus FTMFW. Added experience to keep moving on up = priceless. 
If I can keep this YoY salary change going I'll be making a million by 30. 
If I can keep this YoY salary change going I'll be making a million by 30. 
Posted on 8/24/11 at 1:52 pm to kfizzle85
ER job? Or IB?
Posted on 8/24/11 at 1:53 pm to kfizzle85
Awesome. Still bitching about the cost of those new tires???
Posted on 8/24/11 at 1:53 pm to kfizzle85
ER job? Or IB?
Posted on 8/24/11 at 1:58 pm to GregYoureMyBoyBlue
No, the place I'm at now. Its an IB, but its valuation, so its a mix of valuation stuff (fairness opinions and such) and financial reporting valuation (intangibles, M&A, etc). You could basically say its a research position for private companies.
I just don't have the resume for an IB job yet, I accept that. Every one that has left here in the last 2 years has gone to work in an IB, so my intent is to continue to build my resume and hopefully get to that position next year. A lot of what we do is energy related, the work is for all intents and purposes identical to a research position, and I think its obvious people realize that given the exit ops of the people who've left recently.
I just don't have the resume for an IB job yet, I accept that. Every one that has left here in the last 2 years has gone to work in an IB, so my intent is to continue to build my resume and hopefully get to that position next year. A lot of what we do is energy related, the work is for all intents and purposes identical to a research position, and I think its obvious people realize that given the exit ops of the people who've left recently.
Posted on 8/24/11 at 1:59 pm to tirebiter
Yes, because I have about $1100 in cash right now and $2500 in bills that have to be paid in cash next week.
Posted on 8/24/11 at 2:08 pm to kfizzle85
Better ask for a cash "sign on" bonus for converting from intern to FT to be paid this Friday....
I don't have fond memories of being near broke many moons ago. Whatever happened with the car that was stolen from you in NO?
I don't have fond memories of being near broke many moons ago. Whatever happened with the car that was stolen from you in NO?
Posted on 8/24/11 at 2:46 pm to kfizzle85
Well done...damn near impossible to into IB without at least 2-4 years of real world experience.
Only people i know that've done that all have connections...obviously
Only people i know that've done that all have connections...obviously
Posted on 8/24/11 at 3:11 pm to tirebiter
They found it like a week later, it just wasn't worth salvaging. eta: Oh and I misheard the HR lady on the phone, the official offer letter was another $10,000 more than what I thought she said.
This post was edited on 8/24/11 at 3:13 pm
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