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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 01:45 PM Original message |
How does someone become a Wall Street executive? |
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Crazy Dave (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 01:53 PM Response to Original message |
1. I think you have to be born into it |
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Aviation Pro (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:23 PM Response to Reply #1 |
10. Otherwise known as the lucky sperm club.... |
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bluestate10 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:35 PM Response to Reply #1 |
16. Not true. I know three people that have gone to work there. |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:44 PM Response to Reply #16 |
23. That applies to low level brokers |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 07:24 PM Response to Reply #23 |
34. A retired CEO of Merrill Lynch was a grad of Penn State. |
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RUMMYisFROSTED (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 01:42 PM Response to Reply #34 |
51. A little googling revealed that his father ran the local Merrill Lynch office. |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 03:13 PM Response to Reply #34 |
53. Better do more research about his dad. |
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bluestate10 (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 09:42 PM Response to Reply #23 |
56. One friend from college went into investment banking. |
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Yupster (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:39 PM Response to Reply #1 |
26. I don't think that's right |
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Stevenmarc (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 01:55 PM Response to Original message |
2. If you have to ask....well |
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HCE SuiGeneris (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 01:56 PM Response to Original message |
3. No scruples. No moral compass. A compunction to extort and dis-enfranchise anyone you know. |
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Orrex (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 01:57 PM Response to Original message |
4. First you have to slaughter a black cat during the first new moon after the solstice |
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prodigals0n (174 posts) Send PM | Profile | Ignore | Sat Jan-01-11 01:58 PM Response to Original message |
5. Lie. Cheat. Steal. Repeat. nt |
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Catherina (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 09:37 PM Response to Reply #5 |
55. You literally stole my answer, the exact wording too. n/t |
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valerief (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:02 PM Response to Original message |
6. Genepool. It's all genepool. nt |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 07:37 PM Response to Reply #6 |
37. Wrong. There are training programs for college graduates. |
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sharesunited (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:07 PM Response to Original message |
7. Three representative bios. |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 07:40 PM Response to Reply #7 |
38. Not representative -- random. |
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sharesunited (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 11:15 PM Response to Reply #38 |
41. Here's one from your column: |
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Nye Bevan (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:16 PM Response to Original message |
8. Let's take Sandy Weill (former CEO of Citigroup) as an example. |
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Crazy Dave (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:20 PM Response to Reply #8 |
24. It used to be that way but no more |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 07:27 PM Response to Reply #24 |
36. The training programs at these firms, which do exist, |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:39 PM Response to Reply #8 |
28. he grew up in bensonhurst & went to a private high school, them an ivy. |
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no_hypocrisy (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:21 PM Response to Original message |
9. Your father either: |
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bemildred (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:23 PM Response to Original message |
11. Luck, who you know, and the requisite "personal qualities". nt |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 03:30 AM Response to Reply #11 |
46. Or majoring in economics, finance, or math, |
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TBF (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:24 PM Response to Original message |
12. Good undergrad to meet connections, top 10 business school - |
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TomClash (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:30 PM Response to Original message |
13. You apply |
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bluestate10 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:39 PM Response to Reply #13 |
20. Correct. Banks have the skills that are needed on their websites. |
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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:41 PM Response to Reply #13 |
21. I was just wondering how you get your foot in the door |
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TomClash (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 06:52 PM Response to Reply #21 |
31. You're welcome |
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bluestate10 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:33 PM Response to Original message |
14. I have known three people that went to Wall Street. |
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Odin2005 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:34 PM Response to Original message |
15. Be lucky enough to have a rich daddy. |
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Mark Maker (168 posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:36 PM Response to Original message |
17. I know, lets ask Chelsea Clinton |
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treestar (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:36 PM Response to Original message |
18. Get into an Ivy League School |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:37 PM Response to Original message |
19. Why would you want to? |
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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 07:03 PM Response to Reply #19 |
32. Wouldn't be for me. I am over the hill already |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 11:45 PM Response to Reply #32 |
42. Herein lies the problem. It is a racket and some day |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 03:34 AM Response to Reply #32 |
47. Some people thrive in sales, others do not. |
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Xicano (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 07:48 PM Response to Reply #19 |
39. +10 |
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aikoaiko (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:43 PM Response to Original message |
22. They hire up or poach from other businesses. |
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hobbit709 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:21 PM Response to Original message |
25. You have to be a psychopath with ambition. |
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LiberalEsto (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:51 PM Response to Original message |
27. One of my husband's brothers was a Wall Street CEO |
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alfredo (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:44 PM Response to Original message |
29. delete |
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Lucky Luciano (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:58 PM Response to Original message |
30. Ya really wanna know? PM me. |
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Raine (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 07:17 PM Response to Original message |
33. Be a complete and total moral degenerate |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 07:25 PM Response to Original message |
35. Yes, the Wall Street firms have training programs, |
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Octafish (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 07:51 PM Response to Original message |
40. Know somebody. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 11:55 PM Response to Original message |
43. it's like the mafia: you have to demonstrate your willingness to kill. |
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Lydia Leftcoast (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 01:25 AM Response to Original message |
44. As I understand it, the steps are |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 03:22 AM Response to Reply #44 |
45. Since you were at an Ivy league university, you weren't in a position |
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Lydia Leftcoast (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 10:29 AM Response to Reply #45 |
49. The key word is "unpaid" |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 01:29 PM Response to Reply #49 |
50. I knew people who started in the paid training program |
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Lucky Luciano (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 02:17 PM Response to Reply #49 |
52. The interns are paid. Undergrads get $4k or so per month. |
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Lydia Leftcoast (1000+ posts) Send PM | Profile | Ignore | Mon Jan-03-11 01:00 AM Response to Reply #52 |
57. That may have changed. What I saw at Yale in the 1970s was |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 06:42 AM Response to Original message |
48. You have to fellate one of our lizard illuminati overlords under the giant owl statue at the |
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jeanpalmer (1000+ posts) Send PM | Profile | Ignore | Sun Jan-02-11 09:16 PM Response to Original message |
54. To reach the executive level |
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Toucano (1000+ posts) Send PM | Profile | Ignore | Mon Jan-03-11 01:02 AM Response to Original message |
58. "Hedge Fund Manager" was never mentioned by my H.S. guidance counselor. |
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