• 17 Jul 2008 at 11:03 AM

Bonus Watch ’08: Credit Suisse

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First year top analysts: 65k. Everyone else: one free ShackBurger.
Related: Layoffs Watch ’08: Credit Suisse To Can Both Essential And Non-Essential Employees At Some Point In The Future

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Comments (50)

Older Comments
  1. 1
    Posted by guest | July 17, 2008 at 11:05 AM

    CS needs to merge with Shake Shack in order to survive

  2. 2
    Posted by guest | July 17, 2008 at 11:10 AM

    Bucket Shop.

  3. 3
    Posted by guest | July 17, 2008 at 11:13 AM

    and you have to wait on that ridiculous line to get it too. at least you can file for unemployment on line these days…

  4. 4
    Posted by guest | July 17, 2008 at 11:21 AM

    The real bonus will be if you keep your job at CS

  5. 5
    Posted by guest | July 17, 2008 at 11:23 AM

    Do I hear the name Erin Callan?
    The Guy from Delaware

  6. 6
    Posted by guest | July 17, 2008 at 11:25 AM

    Why was Erin Callan hired? seems strange

  7. 7
    Posted by guest | July 17, 2008 at 11:28 AM

    TGFD – opps – thought she was going to UBS?

  8. 8
    Posted by guest | July 17, 2008 at 11:29 AM

    TGFD, they give you guys access to the internet in the mailroom?

  9. 9
    Posted by guest | July 17, 2008 at 11:34 AM

    what about associates? (ha)

  10. 10
    Posted by guest | July 17, 2008 at 11:34 AM

    Guest@11:25am…
    This is my take on Erin’s new gig at CS: Starting Sept 2nd, she’ll direct CS’s international HF program. She’ll be there in time to take the fall when those HF’s start to implode because of upcoming SEC/Congressional action. CS upper mgmt is timing her start date.
    If she’s so good, why don’t they hire her now? I don’t think that LEH wants her hanging around anyway.
    That’s my take.
    The Guy from Delaware

  11. 11
    Posted by guest | July 17, 2008 at 11:40 AM

    Called Garden Leave… Possibly the greatest thing ever implemented by financial institutions.
    LEH pays her to not work for sometime. The idea is to prevent sensitive information from flowing from a previous employer to one of their competitors. The September start time could reflect 3 months of salary.
    I dont think her start date has much to do with anything other than LEH paying her not to work so sensitive information isnt compromised

  12. 12
    Posted by guest | July 17, 2008 at 11:40 AM

    Are you sure about this? I’m hearing $65k for first years…

  13. 13
    Posted by guest | July 17, 2008 at 11:41 AM

    TGFD, have you ever heard of a non-compete? YOu think Leh is just going to let her walk into a shop right away and start working?
    Another question” Are you really this retarded? Everytime you open your mouth you give Delaware a bad name. Go back to sorting the incoming mail at JPM

  14. 14
    Posted by guest | July 17, 2008 at 11:41 AM

    Called Garden Leave… Possibly the greatest thing ever implemented by financial institutions.
    LEH pays her to not work for sometime. The idea is to prevent sensitive information from flowing from a previous employer to one of their competitors. The September start time could reflect 3 months of salary.
    I dont think her start date has much to do with anything other than LEH paying her not to work so sensitive information isnt compromised

  15. 15
    Posted by guest | July 17, 2008 at 11:45 AM

    TGFD, have you ever heard of a non-compete? YOu think Leh is just going to let her walk into a shop right away and start working?
    Another question” Are you really this retarded? Everytime you open your mouth you give Delaware a bad name. Go back to sorting the incoming mail at JPM

  16. 16
    Posted by guest | July 17, 2008 at 11:45 AM

    She may be good in that niche, it definitely is a demotion from being CFO anyways. If CS hired her as a CFO I would have shit myself

  17. 17
    Posted by Anal_yst | July 17, 2008 at 11:46 AM

    If the Shake Shack line is too long (or greasy), check out Tabla to Go

  18. 18
    Posted by guest | July 17, 2008 at 11:55 AM

    $60k is incorrect. Top was $65k like the rest of the Street.

  19. 19
    Posted by guest | July 17, 2008 at 11:57 AM

    $60k is correct, i would know, because it’s what i got. and wtf are you talking about “Top was $65k like the rest of the Street”? it varies at every bank. idiot.

  20. 20
    Posted by guest | July 17, 2008 at 12:01 PM

    Pretty clear that you weren’t top then. I know people that got $65k here. Sorry to give you the bad news.

  21. 21
    Posted by guest | July 17, 2008 at 12:05 PM

    you know how many PINK shirts you are out on with that 5k…
    you are such a slacker

  22. 22
    Posted by guest | July 17, 2008 at 12:06 PM

    $65K is top bucket, not $60.

  23. 23
    Posted by guest | July 17, 2008 at 12:14 PM

    @11:57AM
    Hi ANdy!

  24. 24
    Posted by guest | July 17, 2008 at 12:36 PM

    Is it correct to refer to any CS employee as essential? The only essential employees at CS are the interns that cue up in the Shake Shack line.
    Check out the shackcam. It looks like a swiss intern convention. No personality, lots of khaki eating chocolate bars.

  25. 25
    Posted by guest | July 17, 2008 at 12:37 PM

    LOL @ the Pink shirt comment!

  26. 26
    Posted by guest | July 17, 2008 at 1:01 PM

    The very pink lifecycle of an Analyst.
    B school
    Hired at i bank
    Bought me some Pink shirts
    The IPO I did last year is now OTC, Pink Sheets
    I just got a Pink slip from HR
    My gay lover just left me with our Yorkiepoo named Pinky

  27. 27
    Posted by Anal_yst | July 17, 2008 at 1:21 PM

    speaking of gay, where the flunk is GAnalYst?

  28. 28
    Posted by guest | July 17, 2008 at 1:27 PM

    He was UBS I thought… didn’t he go silent about the time the Mr Pink got the axe? Speaking of which, where is the Pink Powered one?

  29. 29
    Posted by guest | July 17, 2008 at 1:55 PM

    Credit Suisse top bucket 1 yr bonus = $95K.
    Confirmed.

  30. 30
    Posted by guest | July 17, 2008 at 2:08 PM

    CS top bucket mid-summer intern bonus = $175K. In your face. Losers.

  31. 31
    Posted by guest | July 17, 2008 at 2:18 PM

    Aside from how to run a company into the ground, what confidential information does CSFB expect to snatch from Erin Callan?

  32. 32
    Posted by guest | July 17, 2008 at 2:20 PM

    All you “GardenLeave/NonCompete” guests…
    I doubt if Erin Callan has much in the way of “sensitive” information anyway. She spent most of her time striking for TV celebrity status rather than doing her CFO job at LEH. I remember on DB when “The Hatchet Man” called her fall with uncanny precision. What secrets did he know?
    Besides, who cares about secret info at LEH. It’s no secret that they’re in the tank.
    If he can, Fuld should cut her off, save the coin, and let her get an early takeoff to her next crash landing.
    Only on Wall St do the same incompetents keep getting recycled by employers hoping that, “Somehow, this time it’ll be different.”
    In 6 weeks, she’ll probably appear on CNBC showing off her new spiked alligator pumps while the hostess asks, “Are you really Swiss?” Then all you cretins can lick the TV sreeen.
    The Guy from Delaware

  33. 33
    Posted by guest | July 17, 2008 at 2:23 PM

    does anyone know what they were for second and third year analysts?

  34. 34
    Posted by guest | July 17, 2008 at 2:27 PM

    @ 12:36 Real gays have Boxers!! Pay attention.

  35. 35
    Posted by hedgehog | July 17, 2008 at 2:53 PM

    What percentage does “top bucket” include?
    - HF analyst who *gasp* didn’t start his career in investment banking

  36. 36
    Posted by guest | July 17, 2008 at 2:54 PM

    Prediction:
    Erin will have an impact on CS by about October/November, when their price falls by 40%.
    LEH will be in the 30s by EOY, because really, there’s nothing wrong.

  37. 37
    Posted by guest | July 17, 2008 at 3:09 PM

    Just think…
    LEH could have hired me as CFO for a lot less money than they paid Erin, and they would have probably ended up with the same results.
    Two big differences though:
    1) She’s a clown masquerading as a baller; I’m a clown masquerading as a clown.
    2) The risk analysis would have been a lot more favorable with me:
    Erin = HighDollar/HighExpectations/LousyResults.
    TGFD = LowDollar/LowExpectations/LousyResults.
    Who knows? I may have even done a better job. I might have had Mediocre Results.
    The Guy from Delaware

  38. 38
    Posted by guest | July 17, 2008 at 3:15 PM

    All of you are douches: CS wants to buy Lehman once it is in a complete gutter!

  39. 39
    Posted by guest | July 17, 2008 at 3:21 PM

    TGFD so obviously wishes he could be a banker. Hence the bitterness.

  40. 40
    Posted by guest | July 17, 2008 at 3:23 PM

    Clown@3:15pm…
    Yeah right, and I imagine Erin, the financial genius, will be there to show them how to do it.
    The Guy from Delaware

  41. 41
    Posted by guest | July 17, 2008 at 3:31 PM

    Guest@3:21pm…
    You mistake humor for “bitterness”. The structure of your sentence indicates to me that you’re a woman. Am I right?
    The Guy from Delaware

  42. 42
    Posted by guest | July 17, 2008 at 3:33 PM

    TGFD,
    Clown is getting a bit overused…no? It’s losing whatever effectiveness it originally had.
    By the way….Delaware blows and so does the Mem bridge. My god…the man who engineered that had to see he was building the toilet paper holding two pieces of sh*t together.

  43. 43
    Posted by guest | July 17, 2008 at 3:33 PM

    HAHAHAHA…this guy still admits he lives in Delaware! what a douche!

  44. 44
    Posted by guest | July 17, 2008 at 3:41 PM

    Cretin@3:33pm…
    Hahaha. Funny post. I’ve been using “clown” for a long time. It’s my favorite “pejorative” word. You might have a point with the “overuse” bit though. I’ve called you cretin instead.
    BTW, You’re right about one thing. South Jersey is a “piece of sh*t”.
    The Guy from Delaware

  45. 45
    Posted by guest | July 17, 2008 at 3:42 PM

    how is it that in 2005 S&T, I got 35K 2nd year top tier bonus while these 1st year get 65K? Have the bonuses jumped that much?

  46. 46
    Posted by guest | July 17, 2008 at 3:45 PM

    HAHAHAHA@3:33pm…
    I’ve heard you say that several times already. It seems no one is listening. Get some new material. Talk about “overuse”.
    The Guy from Delaware

  47. 47
    Posted by guest | July 17, 2008 at 3:59 PM

    Guest@3:42pm…
    I think that Wall St is in the process of “pricing” itself into a position of instability. Bad shit is coming your way.
    We’re at point now that is past the IB/HF/PE’s peak. The downward slide is underway. Yesterday’s SEC action was another ‘point of inflection’. The slope got just a little bit steeper.
    My humble advice…Take whatever bonus you get and be thankful. You might also put some thought into what industry you’d like to be in a few years from now.
    The Guy from Delaware

  48. 48
    Posted by guest | July 17, 2008 at 4:02 PM

    (Wall Street) 8=====D~~~~~~ (TGFD)
    Mayo all over, ugh! Delaware!?

  49. 49
    Posted by guest | July 17, 2008 at 4:27 PM

    Looks like TGFD should have brought a towel. Always remember don’t forget a towel.
    Towelie

  50. 50
    Posted by guest | January 27, 2009 at 11:41 AM

    Credit Suisse bonusses are cut 50% this year.

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