Not only that, but they're inviting people who don't even work for them (yet)! Email from head of IBD recruiting, sent to incoming 2009 IBD associate
class:
On December 9th, the Investment Banking Department is hosting its annual holiday party at Chelsea Piers (starting around 7 pm). We would like to invite you to join us if you think you will be in the NY area on that day. I realize that will be tough for many of you between finals and/or travel home for the holidays, but for those of you who can make it, we would love to have you there.
At the event, we will be raising money for The Robin Hood Foundation. Robin Hood fights poverty in New York City by partnering with the best programs to maximize results. For example, to enhance public schools, Robin Hood supports some of the most successful charter schools in NYC. Our fundraising will help Robin Hood open additional opportunities for students in underperforming school districts in Brooklyn and the Bronx. Here is a short video that gives you a real sense of what this is all about.
Posted by guest , Dec 03, 2008 12:46PM
first biaatcccchessss - are the IB guys getting laid off by the thousands from BOFA allowed at the party?
Posted by guest , Dec 03, 2008 12:46PM
@2, you're not first, bitch
Posted by guest , Dec 03, 2008 12:47PM
the party will be used to weed out half the class - just my guess...
Posted by guest , Dec 03, 2008 12:52PM
The hangover should take their minds off the pink slips a bunch of them are rumored to be getting on 10th / 11th
Posted by guest , Dec 03, 2008 12:54PM
Booze 'n pukin for all!!!!
Posted by guest , Dec 03, 2008 12:54PM
ah, all the good posts got deleted..... pussies
Posted by Bess Levin , Dec 03, 2008 12:55PM
@6- if by 'pussies' you mean 'not classless ignorant pieces of trash,' than yeah, we're total pussies.
Posted by guest , Dec 03, 2008 1:00PM
Is the wideclops invited?
Posted by guest , Dec 03, 2008 1:03PM
why does CS care about finals? are a lot of their employees part time students or something? i cant imagine too many interns in college working during the school year
Posted by guest , Dec 03, 2008 1:03PM
@7 If by 'holiday party' you mean 'bowling in the suburbs night with shitty pizza and pitchers of keystone' than yeah, ITS ON.
Posted by guest , Dec 03, 2008 1:04PM
@9, read the first part of the post
incoming 2009 IBD associate
class
These folk are still finishing their MBAs...
Posted by Bess Levin , Dec 03, 2008 1:05PM
@9-- "Not only that, but they're inviting people who don't even work for them (yet)! Email from head of IBD recruiting, *sent to incoming 2009 IBD associate
class*"
Posted by guest , Dec 03, 2008 1:06PM
good point 11. shouldve read the details. also, do banks typically include incoming classes? this is the first ive heard.
Posted by guest , Dec 03, 2008 1:17PM
@13 - damn, I hope you don't do a job that involves handling other people's money or stuff.
Posted by guest , Dec 03, 2008 1:19PM
Everyone who reads DB is invited. See you at 6:45 to get the extra free booze.
Posted by guest , Dec 03, 2008 1:19PM
SERIOUS POST
WHO ELSE HERE HAS BEEN LAID OFF AND WANTS TO CRASH THIS PARTY
SERIOUSLY!
Posted by Anal_yst , Dec 03, 2008 1:28PM
How have you all missed their not-so-clever rouse?
Lets go through the simple 3-step logic here:
1. Fire 40% of IB. Freeze hiring.
2. Throw party for remaining...guilt them into donating to charity so you don't have to.
3. Announce how glad you are (in your great benevolence) to invite the (non-existent) new Analyst/Associate class to your great good pr charity event.
Posted by guest , Dec 03, 2008 1:37PM
hey 14, i handle your moms
Posted by guest , Dec 03, 2008 1:37PM
or at 17, keep up morale and appearances for incoming class, while screwing over the rest of the current employees
Posted by guest , Dec 03, 2008 2:05PM
@ 3 -- yep -- they've picked Chelsea Piers b/c they are going to set up a First Year Associate "Dodge-Jarts" game...
Posted by guest , Dec 03, 2008 2:32PM
Cash bar and cover though. And CS gets a cut.
Posted by guest , Dec 03, 2008 3:47PM
PREFERENTIAL LINE TREATMENT WILL BE GIVEN TO:
LADIES, GENTLEMEN WHO ARE ACCOMPANIED BY LADIES AND TABLE RESERVATIONS
Posted by guest , Dec 03, 2008 3:57PM
@21 At least NY gets a party before the slaughter. In London the FID party is 17 Dec, a week after the ax.
Posted by guest , Dec 03, 2008 5:56PM
Peeps,
I'v attended on of these CS at night at the Piers dealios, trust me peeps, it SUCKS Big Sweaty Balls.
When I attended a bunch of the older MDs were pisssed they had to pay up for the party- yup each group head had to "contribute"- nice eh???
So anyway, these old farts show up, get liquored up and then just start razzing on upper mangmt. Hilarious- those fat rich bastards were plenty pissed, and most of them showed up just to drink and eat some of thier hard earned "contibutions". Which actually explains every fucking thing that is/was wrong with the field of investment banking: the very people who should be aware of a sunk cost, so as to advise their said clients on such costs, didn't even understand the concept for themselves....
Lear
Posted by guest , Dec 03, 2008 6:38PM
@23
Cafe de Paris here we come!
Posted by guest , Dec 03, 2008 10:00PM
Does this mean that the CS MD Holiday Party at the Shake Shack is still on?
Posted by guest , Dec 04, 2008 9:10AM
@7: Bess, will you be my date?
Posted by guest , Dec 04, 2008 5:27PM
I know its tough times for all you bankers out there, but you think you've got it worse than these kids that IBD is raising funds for at the party; kids who deserve something better than run down classrooms and lousy teachers?
Posted by guest , Dec 08, 2008 5:16PM
did anyone else notice how epic #2 was?
Posted by Cincinnatus C , Dec 14, 2008 12:01AM
so anyway...
Posted by guest , Dec 15, 2008 5:02PM
If I gotta raise money for robin hood then PTJ better be there
Posted by guest , Dec 15, 2008 5:04PM
If I gotta raise money for robin hood then PTJ better be there
Posted by guest , Dec 19, 2008 4:50PM
as an incoming associate, i can say with confidence that the party sucked. i hope this is not an example of what i have to look forward too...
Posted by guest , Mar 17, 2009 5:19PM
Hey what happened? My perfectly spelled post 36 was butchered by the system into this mutantly mispelled mess. Now that was an important post so Holy Hell, why'd that f **ing happen?