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Welcome to our newest member, NikiMussen |
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11-28-2003, 03:28 PM
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GreekChat Member
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Join Date: Apr 2002
Location: "...maybe tomorrow I'm gonna settle down. Until tomorrow, I'll just keep moving on."
Posts: 5,713
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Quote:
Originally posted by FHwku
i want to work a minimal amount of hours for obscene amounts of money. i don't want to deal with customers, but i will deal with 1 client a week if i absolutely must. what would this wonderful job title be? i won't need bonuses, dental/health, or many other perks if the amount of money is really profane.
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That's the kind of job I want. Where can I find this magical job?
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11-28-2003, 03:29 PM
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Banned
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Join Date: May 2001
Location: Taking lessons at Cobra Kai Karate!
Posts: 14,928
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Quote:
Originally posted by Lady Pi Phi
That's the kind of job I want. Where can I find this magical job?
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Subway...weren't you listening?
-Rudey
--They make more money than Tim Hortons.
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11-28-2003, 03:32 PM
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GreekChat Member
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Join Date: Apr 2002
Location: "...maybe tomorrow I'm gonna settle down. Until tomorrow, I'll just keep moving on."
Posts: 5,713
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Then what am I doing here...?(can't say because I'm actually at work)
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11-28-2003, 03:35 PM
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GreekChat Member
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Join Date: Nov 2003
Location: Pacific NW
Posts: 402
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Minimal Work
A few months ago, during the Refi. boom, the mortgage industry was at some of the best rates seen in the last 20-30 years. Loan Officers were making a tremendous profit margin while people were refinancing their homes at killer rates. This would have been a great job because even amateurs who had not yet established realtor contacts or developed a pipeline & infrastructure were extremely successful. The market has since begun to steer towards it's reciprocal but continues to be very volatile. Rates are still better today than they were a year ago. Many loan officers, especially those in smaller mortgage companies, usually work their own hours and/or work from home even. Best Wishes, Boodleboy322
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11-28-2003, 05:24 PM
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GreekChat Member
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Join Date: Jul 2002
Posts: 734
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Quote:
Originally posted by Rudey
Subway...weren't you listening?
-Rudey
--They make more money than Tim Hortons.
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but rudey, we gotta have my fucking timmies!
I don't know, i'd much rather have the cash to be driving an M3 (you know they have formula 1 style paddle-shifters now?) at 25 than a C 600 when i'm 40. For me, i'll sit on my pretty boy looks... hoping for that elusive sugar momma.
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11-28-2003, 11:27 PM
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GreekChat Member
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Join Date: Mar 2002
Location: Hopkinsville, Kentucky
Posts: 2,003
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Quote:
Originally posted by Rudey
Own a subway.
-Rudey
--Just sit back and enjoy the profits.
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Perhaps...the sugar mama thing sounds good, too. It'd be a blow to my self respect, but pride is for the poor. Besides, having Paris Hilton on my arm would help stroke my ego back to way above normal. I don't care where it's been before.
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11-29-2003, 02:23 AM
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Banned
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Join Date: May 2001
Location: Taking lessons at Cobra Kai Karate!
Posts: 14,928
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Quote:
Originally posted by FHwku
Perhaps...the sugar mama thing sounds good, too. It'd be a blow to my self respect, but pride is for the poor. Besides, having Paris Hilton on my arm would help stroke my ego back to way above normal. I don't care where it's been before.
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Don't bad mouth Freedom Hilton. I love her. And if you saw the girls bankers roll with, your mouth would drop. These are Paris Hilton to the max. American Psycho has some of those girls. But usually those are the coke head bankers.
-Rudey
--Nick, I didn't know they had that on the M3. My buddy has one with an incredibly modified engine but we're pretty sure his family is involved with some international crime syndicate.
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12-07-2003, 08:01 PM
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GreekChat Member
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Join Date: Jul 2003
Posts: 4
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Quote:
Originally posted by Rudey
Go look at the website for any of the bulge bracket firms like Goldman Sachs or any of the sexy boutique shops like Gleacher or Lazard and look where they recruit. You'll notice they only recruit at certain schools, year after year. Why? Part of it is elitism, part of it is based on the alums that work for the firm, but more than anything it's about recruiting a certain character that fits your mold.
You simply have to fit the mold. The mold varies slightly from firm to firm, but the idea doesn't change.
Now yes there are points where you might feel it's controlling if somehow you got through without fitting their mold.
--Personally I can't stand people from certain firms because their firm's "mold" must be messed up or something.
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How would you describe the "mold" of these banking firms? (Goldman, Credit Suisse, Merrill, JP Morgan, Morgan Stanley...just to name a few..)
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12-07-2003, 09:09 PM
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Banned
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Join Date: May 2001
Location: Taking lessons at Cobra Kai Karate!
Posts: 14,928
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Quote:
Originally posted by collegegrl
How would you describe the "mold" of these banking firms? (Goldman, Credit Suisse, Merrill, JP Morgan, Morgan Stanley...just to name a few..)
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Yeah so could you just name any and every bank while you're at it?
Goldman - Hey I'm a nerd and proud of it and would take a stabbing for the firm. I think regardless that I'm great.
Morgan Stanley - I'm "white shoe" great. This is actually a disappearing mold though.
CSFB is a bit European and Merrill and JP tend to be a bit more diverse except certain product groups have nerdier former accountant types, some have frat boys, etc.
The mold is hard to describe. It varies by firm, region, product group, industry focus, etc. These firms all look for the same things but there is just something that makes you look like you fit in with them and that's when they hire you. That's why most IB's do not give you quant tests. Only UBS and HSBC did that with me and only Deutsche asked me to talk about modelling. It's all personality after they realize you're smart.
-Rudey
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12-08-2003, 04:58 AM
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GreekChat Member
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Join Date: Jul 2003
Posts: 4
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Quote:
Originally posted by Rudey
These firms all look for the same things but there is just something that makes you look like you fit in with them and that's when they hire you.
-Rudey
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which firm do you work at?
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12-08-2003, 11:29 AM
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Banned
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Join Date: May 2001
Location: Taking lessons at Cobra Kai Karate!
Posts: 14,928
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Quote:
Originally posted by collegegrl
which firm do you work at?
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Sorry, I don't reveal certain personal information.
-Rudey
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12-09-2003, 06:32 PM
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GreekChat Member
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Join Date: Sep 2001
Location: New York City
Posts: 10,829
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Quote:
Originally posted by Rudey
Sorry, I don't reveal certain personal information.
-Rudey
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I can understand that. You wouldn't want all the GC ladies stalking you at work.
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12-25-2003, 05:35 PM
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Banned
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Join Date: May 2001
Location: Taking lessons at Cobra Kai Karate!
Posts: 14,928
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According to Fed Reserve Analysts:
Salaries: The combined salaries of workers in NYC employed in the Securities industry is 20% of all earnings in NYC. I don't think this figure includes bonuses since a bonus isn't considered salary, and I have no idea who makes most of their income from salary but it isn't us.
-Rudey
--That's another reason to learn about this industry; we carry the world's greatest city on our backs.
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12-26-2003, 12:38 AM
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GreekChat Member
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Join Date: Sep 2001
Location: New York City
Posts: 10,829
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I really need to get a big money job. Rudey, where should I start? Should I get an MBA? I really want to make some changes in my life.
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12-26-2003, 02:41 AM
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Banned
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Join Date: May 2001
Location: Taking lessons at Cobra Kai Karate!
Posts: 14,928
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Quote:
Originally posted by Peaches-n-Cream
I really need to get a big money job. Rudey, where should I start? Should I get an MBA? I really want to make some changes in my life.
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I'd try to get into a school with a big name - top 10. MBA is a worthless degree if not for the networking connections. I'd look into pub pol/international studies type programs as well. Then schmooze and land a good job. The programs tend to look more favorably on people not straight out of college.
-Rudey
--I'm personally looking at Woodrow wilson right now above everything else because of one of our regional banker's experience there.
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