I don’t know about you, but I fucking hate the god damn press. All they ever do is ruin my good time. I’m just trying to kick back, forget my trubs, maybe nail a hooker or two during a coke fueled bender of a weekend at the Bellagio with my colleagues before finishing up on some really critical pitchbooks with my red pen and bitching out an associate on the airphone, knowwhatimsayin? And who cares if my company is on the brink of insolvency?* WHO CARES?
From: [redacted @ BAC]
Sent: Wednesday, February 04, 2009 5:05 PM
Subject: Event Guidelines
Importance: High
Given the ongoing negative press, the Marketing transition team has issued the following guidelines regarding event and conference activity:
Guidelines
1. No resorts
2. No 5-star hotels
3. No entertainment, recreation or fancy meals (no company sponsored golf/spa outings, no bands, DJ’s or other hired evening entertainment, no cocktail receptions)
4. If no business content or thought leadership, cancel
5. Anything considered pure hospitality, cancel
6. Must be serious business content; should be business revenue generating opportunities
We need to review all planned events with these guidelines in mind. Feel free to share this information with your business partners.
[Redacted]
*Get of over yourselves, I’m just keeping it interesting in here.

insert lolcat picture here: this retreat r srs business!
No mention of Hookers
sucks to be a hotel…they’re gonna need a bailout next
or blow
wtf is “thought leadership”
or blow…..
It’s the thought leaders who put out “FAQs” from employees and customers and leave out “WHERE’S MY BONUS?”
so…. basically instead of going out and spending $150 on food and $600 on wine I am going to have to order the steak for $60 and afterwards drink a $40 bottle of vodka instead?
life can be so harsh.
i though the point of me moving over to the buy-side was getting perks from these bankers???
http://www.bloomberg.com/apps/news?pid=20601087&sid=a1gpkAyXa8iw&refer=home
“Must be serious business content; should be business revenue generating opportunities”
wow
okay, so who’s going to take over as the new “bank of baseball” and what about NASCAR? who’s going to show up to all those events?
It’s as though a million bonuses cried out in agony then were silenced.
@11. “should” is such a fluid term.
We are fucked.
Life, as we knew it, is over.
wow the banksters are finally living like every other business on the planet.
does this mean GCIB training for analysts and associates next year will be at the Motel 6 in Charlotte instead of the Crown Plaza in Times Square?
I work at mid tier shop and I get to fly business and stay in 5 star hotels. god I love it.
@19
When did you raise your fund?
Are your people asleep at the wheel?
“thought leadership” was endemic at during my time at Citi. Basically and excuse for climbing MDs to talk bs at conferences in far flung places and to justify advertising in tedious industry publications (e.g. we buy adverts they’ll interview us and Citi will appear as though leaders. MD can then use said article to justify salary and try and get positions in other banks by implying they’re an expert in their field rather than they used company dime to buy the back page).
OK, I give up. What is “thought leadership”?
Let’s start a Robin Hood II foundation for deprived bonus H/M/W traders. Can I count the readers in?
And for the evil press there should be a censorship council. What does Dick Cheney do these days?
@ 20
You are an idiot. Boutique and mid tier firms will make all the money going forward
@20 ur an assclown
Just to nitpick – the investment bank is not regulated by these barbaric demands.
Also, #3 is incorrect. How else can you explain this video?
http://www.youtube.com/watch?v=KC4cn-GIeGM
What about the Fxcking Catalina Wine Mixer!!!?????
ITS THE CATALINA WINE MIXER.
POW!
@13: Thank you, that was priceless.
This sucks. Relaunching PRESTIGE WORLDWIDE-WIDE-WIDE-wide…
Thought leadership is a broad label that may be used to explain a wide variety of initiatives from university partnerships, business conference sponsorships, speaker series, training programs, etc. I don’t see the problem with the memo. We are angry when they go to five-star hotels and we are angry when they impose restrictions on five-star hotels.
@16 You said it – I just got fitted for my Kim Jong-Il suit, I bought my little red Mao book and a new hammer and sickle tattoo on my ass.
Basically they want you to sit thru an incredibly boring meeting and then go home…
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