Finally, someone has started to think outside the box re: team building exercises. Didn’t think it’d come from Wachovia but so be it; the rest of you, take notes! As part of a WB “pep rally,” new-hire analysts were forced this morning to stand on their chairs and shout “I Love Wachovia,” while dancing. Following this, the newbies participated in a competition to build the WB tower, out of marshmallows.
- 16 Jul 2008 at 9:49 AM
New Wachovia CEO Steel Turning Things Around, Starting With Company Morale
By Bess LevinTags: Analysts, Goldman Sachs, Robert Steel, Wachovia
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gay
Dance, my puppets! Dance!
M
please tell me this is a joke, that it isnt real. please.
were those Golden West marshmallows?
No way this is real…
What Bess didn’t report is that the employees were required to wear blackface while dancing. Robert Steel loves a good ol’ fashioned minstrel show.
Not real, confirmed.
-WB Analyst
ya, please tell me you made this up.
although my experience w/ IB HR monsters tells me it’s true.
awesome.
-retail, gawker, whatev, etc.
real, confirmed.
–WB analyst in charlotte
Also had to build a tower from marshmallows and skewers..people get very competitive….
I know this is a blog, but are attempts made to confirm these things? Wachovia kept incoming analysts at the expense of existing employees in an attempt to save face. I’d love to know if these kids are sending out joke e-mails at the expense of WB, on WB’s time. Because there are plenty of laid off employees who would gladly take their places.
Not that I don’t think it’s funny. I just don’t think it’s true. Not a bad idea, though.
So can anybody enlighten me? Cam someone just send in a tip using their gmail address, or does something need to be submitted by multiple people with firm email addresses?
Real, confirmed.
-Marshmallow in Charlotte
sadly, as someone who participated in this event, i can tell you it’s all to real. Today is “team-building” day at WB.
I like how their marshmallow tower has all the strenght of Wachovia’s balance sheet right now.
10:37 back again. If it’s true it doesn’t piss me off. I love it.
Any names on who led the festivities?
And then jp morgan showed up with graham crackers and chocolate and burned and ate wb’s ivory tower.
Wachovia = TTT
ooh now I’m hungry
gnom, marshmallows and dove chocolate
– Jimmy C.
I heard this afternoon’s team building exercise at WB is ookie(sp) cookie.
interesting. i also had to build a tower at work today, but mine was made of interns held together by gypsy tears. it was massive.
Great way to weed out any analysts with a sliver of dignity who might have slipped through the cracks in the interview process.
Did security escort out anyone who wouldn’t get up on their chairs?
I hope they had an analyst that could play the fiddle while the marshmallows burned.
stand on chairs…chant..hey whatever
gets the stock going anywhere but
D O W N!!!!
also, consider Mr Steel’s last employer.
no telling the rah rah routines the
present administration must put their
employees through.
stand on chairs…chant..hey whatever
gets the stock going anywhere but
D O W N!!!!
also, consider Mr Steel’s last employer.
no telling the rah rah routines the
present administration must put their
employees through.
Do these HR drones have no sense of irony? Having the kids build a tower of playing cards would have been a far better preparation for their future careers as investment bankers.
Who was processing the credit card applications and manning the phones in the call centers while these “future investment bankers” were doing these team building exercises?
If this is real, WB is toast.
I’d like to start a false rumor that the first year analyst had to put marshmallow’s in their butt cheeks for the entire meeting, dance around and then the kids from Duke had to eat the marshmallows. It’s not true, but it sounds funny.
Or better yet, send some smores over to Kenny Lewis at Bank of America with the marshmallows. If placed in a nasty butt crack, you could save on the chocolate costs and only have to buy grahm crackers. WB is looking for ways to cut costs and I love saying crackers when I talk about people from the south.
The Shake Shack 1st years were laughing when they were told about this.
@11:30 – I work with Duke grads, and believe me, their penchant for ass-mallows is all too true.
marshmallows, graham crackers, and chocolate need to merge in order to stay alive…and tasty
marshmallows, graham crackers, and chocolate need to merge in order to stay alive…and tasty
Did none of these n00bz have a fucking camera phone?
FUNdamental, thanks for the laugh.
marshmallows, graham crackers, and chocolate need to merge in order to stay alive…and tasty
@FUN – Made me laugh out loud. Love it!
Well that should pretty much do the trick. Repeat after me “Perception is reality.” Everything is okay.
On another note such silly morale exercises are hardly the result of anyone thinking outside of the box. Public accounting firms have been subjecting their employees to similar nonsense for at least a decade.
Imagine a roomful of accounting stiffs (every last one wearing a light-blue open-coallared shirt with khaki flat fronts that don’t fit correctly) trying to act excited about revisions to the firmwide audit methodology by incorporating the changes into songs while making posters about how ethical we are. My advice to WB employees: you either drink the Kool-Aid and learn to like it, mask your discontent with copious amounts of illicit drugs, or gather up what remains of your dignity and get a job with a serious firm. I’d interpret this as an indication of how little WB’s managment must think of its employee’s collective critical reasoning capacity.
This thread is lame.
Not Kool-Aid, grape drink. GRAPE DRINK.
@blnde – no one ever takes the grape drink, it’s always sunny d. Or tang if you work for bear.
Really? I believe it was mrp who corrected me on my use of kool-aid and recommended grape drink instead. Ew, Tang.
Shut up b.
@blnde – was he referring to grape drink, or purple drank…?
@blnde – was he referring to grape drink, or purple drank…?
I specifically remember him saying grape drink because I made the rookie mistake of saying I hadn’t had grape soda in years and he said, “not soda, drink.”
You bitches really need to shut up.
Ah screw it all, knob creek on the rocks.
I’ll take warm Franzia, please.
I’ll have what Gasparino was drinking ringside.
Any good dive bar should be able to accomodate your needs…
So when are we going?
Not that it needs to be said really, but that man is so repulsive. That suit. Good gracious, what a dillweed.
Put it together! Let’s do a DB dive bar gathering. I’m down.
@blnde. Of course you’re down, that’s how you got your job.
blnd and fun, can you guys swap emails and spare us this shit?
“Posted by guest, Jul 16, 2008 12:47PM
I’ll have what Gasparino was drinking ringside.”
did we ever get a ruling on what was in that glass?
I’m sticking around for bukkake day.
Don’t forget to bring a towel to the bukkake session.
-Towelie
Don’t forget to bring a towel to the bukkake session.
-Towelie
By the way, Cox says it’s OK to go naked with WB. Just saying.
Not only are we chanting at the WB, but we now wear blue smocks on the trading floor. It’s the new WAL-chovia.
…working on the roll back.
How do ya like me now Tuck?By the way Rob, any “warm and fuzzy feelings “lately?