• 29 Jun 2009 at 10:08 AM

Bonus Watch ’09: Citi

By Bess Levin

Today in Monday Morning Hilarity: we’re to believe that second tier, first year analysts at Citi are getting $42k. Could this possibly be true? Is Vikram just saying “fuck it, I dare them to fire me?” (in which case we feel an deep kinship with Pandito at this time). Are they banking Geithner not having the pair to actually do something about it, or the fact that they’ll be out of business in less than a year anyway (I kid but seriously: anything could happen)? Or is this less likely than Prince Alwaleed sending everyone a pony and button down to match?

Comments (39)

  1. 1
    Posted by guest | June 29, 2009 at 10:11 AM

    Are you taking notes, Greg?!?! Are you!?
    Do you see how she references past posts? Do you recognize the brilliance? DO YOU GREG!?!!
    Excellent post, Bess.
    -TGFHouston

  2. 2
    Posted by guest | June 29, 2009 at 10:17 AM

    are they hiring?

  3. 3
    Posted by guest | June 29, 2009 at 10:18 AM

    tgfh – i wanted to humiliate you in a post since you are an annoying suckup but you live in houston wich is enough punishment for this life for you…

  4. 4
    Posted by guest | June 29, 2009 at 10:19 AM

    2 = john thain

  5. 5
    Posted by guest | June 29, 2009 at 10:20 AM

    @4 yeah, so?
    -JT/2

  6. 6
    Posted by guest | June 29, 2009 at 10:25 AM

    pls confirm if they are hiring and their position on recreational drugs and extended periods of personal leave around major bridge tournaments.
    anonymous.

  7. 7
    Posted by guest | June 29, 2009 at 10:25 AM

    This “Prince” Alwaleed is getting on my nerves. Stay thirsty my friends.
    ~The Most Interesting Man in the World

  8. 8
    Posted by guest | June 29, 2009 at 10:25 AM

    Houston is the asshole of Texas. Seriously. Look it up.

  9. 9
    Posted by merkin capital partners | June 29, 2009 at 10:26 AM

    @3, did you have to take the TOEFL?

  10. 10
    Posted by guest | June 29, 2009 at 10:30 AM

    This can’t be true, I heard Jefferies is the new king of the street?

  11. 11
    Posted by guest | June 29, 2009 at 10:31 AM

    @9
    watch your mouth gringo what i came to this country in the back of pickup truck covered under 5 cubes of tortilla flour.

  12. 12
    Posted by guest | June 29, 2009 at 10:40 AM

    42k is the new ki-…. actually, not bad.

  13. 13
    Posted by guest | June 29, 2009 at 10:41 AM

    I love the first tier hot dogs in the 388 cafeteria. The are scrump-shalicious.
    I sometimes take an extra one back to my desk, hollow it out and use it as a succulent meat stent in one of my orifices.

  14. 14
    Posted by EZ2517 | June 29, 2009 at 10:48 AM

    I personally would have taken the horse instead.
    If Houston is TX’s a-hole, what about Dallas?
    It’s sweaty ball sack?

  15. 15
    Posted by guest | June 29, 2009 at 10:51 AM

    Citi top tiers:
    1st yr: 40k
    2nd yr: 60k
    3rd yr: 80k

  16. 16
    Posted by guest | June 29, 2009 at 10:54 AM

    If Houston is the as*hole of Texas, New York and Chicago are 20 hours up it.

  17. 17
    Posted by guest | June 29, 2009 at 11:02 AM

    Galveston is the grundel of Texas.

  18. 18
    Posted by guest | June 29, 2009 at 11:07 AM

    42k is the new ki-…. actually, not bad.

  19. 19
    Posted by EZ2517 | June 29, 2009 at 11:08 AM

    @15:
    Not bad for a TARP recipient.
    In 2005 (the beginning of the bonanza), these were the top tiers:
    1st yr: 60K
    2nd yr: 80K
    3rd yr: 100K

  20. 20
    Posted by guest | June 29, 2009 at 11:10 AM

    UBS analyst numbers just announced:
    top bucket – sweatshirt w/ UBS logo
    second bucket – buy 1, get 1 free coupon for hot dog day at 388 greenwich
    bottom bucket – you’re fired

  21. 21
    Posted by guest | June 29, 2009 at 11:10 AM

    Texas is the asshole of the US

  22. 22
    Posted by EZ2517 | June 29, 2009 at 11:26 AM

    @15:
    Not bad for a TARP recipient.
    In 2005 (the beginning of the bonanza), these were the top tiers:
    1st yr: 60K
    2nd yr: 80K
    3rd yr: 100K

  23. 23
    Posted by guest | June 29, 2009 at 11:38 AM

    @21
    Hey that’s insensitive. Texas has the highest incidence of rectum cancer in the US.

  24. 24
    Posted by guest | June 29, 2009 at 12:03 PM

    @23
    happy times in cornhole canyon

  25. 25
    Posted by guest | June 29, 2009 at 12:51 PM

    why are they paying out bonuses in June?

  26. 26
    Posted by guest | June 29, 2009 at 12:53 PM

    Cali and NY are almost bankrupt. Texas has stable property taxes and a budget deficit that is about 5% of what Arnold wants to pay out in IOU’s to state employees. The no talent ass clowns can stay up in the NE. Hate Texas or not, we’re doing fine down here.
    -Dallas

  27. 27
    Posted by guest | June 29, 2009 at 1:25 PM

    @25 Because banks give bonuses for summer, buyside winter

  28. 28
    Posted by InfiniteGuest | June 29, 2009 at 1:33 PM

    @26 (Dallas), no apostrophe in IOUs, and both “no-talent” and “ass-clowns” should be hyphenated.

  29. 29
    Posted by guest | June 29, 2009 at 2:30 PM

    27, these must be for analysts only? my buds who are assocs and VPs at banks get paid in Jan-Feb.

  30. 30
    Posted by guest | June 29, 2009 at 3:04 PM

    Citi’s key to success is paying its number-crunchers and spreadsheet jockeys.
    or else they may leave for Jeffries

  31. 31
    Posted by guest | June 29, 2009 at 4:12 PM

    1st yr: 20K
    2nd yr: 35K
    3rd yr: 65K

  32. 32
    Posted by guest | June 30, 2009 at 8:49 AM

    @31, those figures are materially off

  33. 33
    Posted by guest | June 30, 2009 at 9:13 PM

    Seems to be a general lag across the street this year. Still rolling quarters?
    Anywhere else announce?

  34. 34
    Posted by guest | July 1, 2009 at 11:54 PM

    heard 45/65/85 for top at jpm

  35. 35
    Posted by guest | July 4, 2009 at 12:45 PM

    @15
    @31
    @34
    Thanks folks. Just to be clear – are these analyst numbers for S&T or IB? Clearly there’s a big difference…

  36. 36
    Posted by guest | July 5, 2009 at 9:24 AM

    @34 JPM has still not disclosed. Delayed over a week at this point. So don’t believe those numbers.
    as for @15 and @ 31, those do not match the confirmed numbers for citi (1st year 25/40/50)

  37. 37
    Posted by guest | July 5, 2009 at 9:32 PM

    @36 – whats the delay? JD jiggling his pockets for a bit more change?

  38. 38
    Posted by guest | July 6, 2009 at 8:59 AM

    @37
    Speculation is that planned # ended up being off market once citi and others announced and that bonus and base changes needed to be re-evaluated. But that’s only the rumor.

  39. 39
    Posted by guest | July 17, 2009 at 1:31 AM

    it still isnt worth it

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