Bonus Watch '08: Credit Suisse

Posted by guest, Jul 17, 2008 11:10AM

Bucket Shop.

Posted by guest, Jul 17, 2008 11:13AM

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

Posted by guest, Jul 17, 2008 11:21AM

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

Posted by guest, Jul 17, 2008 11:23AM

Do I hear the name Erin Callan?

The Guy from Delaware

Posted by guest, Jul 17, 2008 11:25AM

Why was Erin Callan hired? seems strange

Posted by guest, Jul 17, 2008 11:28AM

TGFD - opps - thought she was going to UBS?

Posted by guest, Jul 17, 2008 11:29AM

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

Posted by guest, Jul 17, 2008 11:34AM

what about associates? (ha)

Posted by guest, Jul 17, 2008 11:34AM

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

Posted by guest, Jul 17, 2008 11:40AM

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

Posted by guest, Jul 17, 2008 11:40AM

Are you sure about this? I'm hearing $65k for first years...

Posted by guest, Jul 17, 2008 11:41AM

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

Posted by guest, Jul 17, 2008 11:41AM

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

Posted by guest, Jul 17, 2008 11:45AM

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

Posted by guest, Jul 17, 2008 11:45AM

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

Posted by Anal_yst, Jul 17, 2008 11:46AM

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

Posted by guest, Jul 17, 2008 11:55AM

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

Posted by guest, Jul 17, 2008 11:57AM

$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.

Posted by guest, Jul 17, 2008 12:01PM

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

Posted by guest, Jul 17, 2008 12:05PM

you know how many PINK shirts you are out on with that 5k...

you are such a slacker

Posted by guest, Jul 17, 2008 12:06PM

$65K is top bucket, not $60.

Posted by guest, Jul 17, 2008 12:14PM

@11:57AM

Hi ANdy!

Posted by guest, Jul 17, 2008 12:36PM

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.

Posted by guest, Jul 17, 2008 12:37PM

LOL @ the Pink shirt comment!

Posted by guest, Jul 17, 2008 1:01PM

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

Posted by Anal_yst, Jul 17, 2008 1:21PM

speaking of gay, where the flunk is GAnalYst?

Posted by guest, Jul 17, 2008 1:27PM

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?

Posted by guest, Jul 17, 2008 1:55PM

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

Confirmed.

Posted by guest, Jul 17, 2008 2:08PM

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

Posted by guest, Jul 17, 2008 2:18PM

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

Posted by guest, Jul 17, 2008 2:20PM

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

Posted by guest, Jul 17, 2008 2:23PM

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

Posted by guest, Jul 17, 2008 2:27PM

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

Posted by hedgehog, Jul 17, 2008 2:53PM

What percentage does "top bucket" include?

- HF analyst who *gasp* didn't start his career in investment banking

Posted by guest, Jul 17, 2008 2:54PM

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.

Posted by guest, Jul 17, 2008 3:09PM

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

Posted by guest, Jul 17, 2008 3:15PM

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

Posted by guest, Jul 17, 2008 3:21PM

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

Posted by guest, Jul 17, 2008 3:23PM

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

Posted by guest, Jul 17, 2008 3:31PM

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

Posted by guest, Jul 17, 2008 3:33PM

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.

Posted by guest, Jul 17, 2008 3:33PM

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

Posted by guest, Jul 17, 2008 3:41PM

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

Posted by guest, Jul 17, 2008 3:42PM

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?

Posted by guest, Jul 17, 2008 3:45PM

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

Posted by guest, Jul 17, 2008 3:59PM

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

Posted by guest, Jul 17, 2008 4:02PM

(Wall Street) 8=====D~~~~~~ (TGFD)

Mayo all over, ugh! Delaware!?

Posted by guest, Jul 17, 2008 4:27PM

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

Towelie