banking culture

  • banking culture

    Fashion Meets Finance: Even Worse Than You Think

    It doesn’t quite rival commenter turned DealBreaker correspondent Investor Cluzo’s report, but Radar reporter Neel Shah’s trip to last night Fashion Meets Finance insanity gave us a good chuckle. Those fashion girls sure are bitter! And the guys are cocky! Expectations met. “It’s like you’re never skinny enough, or slutty enough, or hot enough for […]

    / Jun 6, 2008 at 1:47 PM
  • banking culture

    Dating Mr. Junk Bond

    One of our old faves, Bankers Ball, is back at its old act. Today she is discussing the dating life of women who date bankers. No dating life would be complete without the classic Bad Boy. Bad Boys appeal to women not only because of the cachet of danger and risk, but because the idea […]

    / Jun 4, 2008 at 4:26 PM
  • banking culture, Citigroup

    The Citi Never Sleeps: Sleep Deprivation Makes You Stupid

    Citigroup might want to rethink its insomniac slogan. Although the “Citi Never Sleeps” slogan is meant to convey a sense of never-ending vigilance, a new study shows that sleep deprivation leads to a loss of attentiveness and interferes with visual processing. The study, which will be published in the Journal of Neuroscience, shows that losing […]

    / May 22, 2008 at 11:42 AM
  • banking culture

    Older Guy Declares War On Millennials

    It seems like it was ages ago. But it was only last November that the hottest item in everyone’s inbox was the story of an intern called Kevin who emailed his bosses about needing to take a day off work in October to take care of some family business in New York City. His bosses, […]

    / May 15, 2008 at 1:24 PM
  • banking culture, continuing education

    Are Investment Bankers Worse Than Television Writers?

    We wonder if there is a direct relationship between the performance of investment banks and the public image of investment bankers. A few years ago, New York’s major publishing houses were fighting each other in a desperate bidding war for the rights to publish Dana Vachon’s Mergers & Acquisitions: A Love Story. (And, before the […]

    / Apr 1, 2008 at 10:12 AM
  • banking culture

    Hunting Cats Of A Certain Age

    Being otherwise detained last evening and unable to attend, we found the only assholes in New York who weren’t participating in the greatest spectator of all time, i.e. PocketChangeNYC’s Speed Date II, for “Sugar Mamas and Boy Toys”…and sent them to watch. This is their recap. The evening started off as any other, 4 guys […]

    / Feb 8, 2008 at 4:39 PM
  • banking culture

    Let Me Reiterate, That Cougar Will Feel Like She’s Sixteen Again When MY (Step) Son Is Banging Her, THIS MUCH I PROMISE YOU

    Alright so there’s a slight clarification to be made to the story about the mother trying to peddle her son’s ass out to rich older women. Suzanne, the mom who really wanted her son Alex to at least be afforded the opportunity to become the sex slave of someone old enough to be his—wait for […]

    / Feb 6, 2008 at 11:19 AM
  • banking culture

    That Cougar Will Feel Like She’s Sixteen Again When MY Son Is Banging Her, THIS MUCH I PROMISE YOU

    It’s probably a safe assumption that many of the male participants in Thursday’s speed dating event, earnestly taking part in this horrifically embarrassing but very entertaining spectator sport, have some sort of mother issue that is manifesting itself in their desire to be made the kept boys of much older women. But you have to […]

    / Feb 5, 2008 at 1:29 PM
  • banking culture

    Let’s Talk About Sex (Alternatively, Let’s Not Talk About It, Because Someone’s “A Gentleman”)

    Well, I spoke to 1-2, who’s taking the day off from work to recover from his date with ‘girl’ (kidding, he always takes Fridays off, sometimes Mondays, too, and every other Wednesday, and the second and fourth Tuesdays of each month). On the one hand, it sounds like they had a nice little first date. […]

    / Feb 1, 2008 at 3:24 PM
  • banking culture

    Recently Accepted Applicants

    I would say I’m offering up these two gems because it’s the weekend and we all deserve something special (me especially) but let’s be honest, even if you hadn’t earned it, it’d take gale force winds to stop me from sending these latest boy toys out into the universe. First up we have Gary, who […]

    / Jan 25, 2008 at 2:17 PM
  • banking culture

    Speed Dating Scandal

    Earlier this afternoon I was performing my daily task of scrutinizing pics of the males taking part in PocketChangeNYC’s speed dating event for “Rich Older Women and Hot Young Men (Sugar Mamas and Boy Toys),” AKA The Saddest Story Ever Told/The Greatest Spectator Sport Of All Time (if enough of you agree to show up […]

    / Jan 17, 2008 at 4:44 PM
  • banking culture

    Vote Or Die

    Speaking of dating, let’s revisit PocketChangeNYC’s upcoming speed dating event for “Rich Older Women and Hot Young Men (Sugar Mamas and Boy Toys).” Female participants must be over be over 35 and qualify (with documented proof) on at least one of the following financial criteria: $500k+ salary, $4mm+ liquid assets, $4mm+ entrusted assets, $4mm+ divorce […]

    / Jan 16, 2008 at 3:54 PM
  • banking culture

    The Saddest Story Ever Told

    Boys: have you recently been fired but would like to maintain the lifestyle your soul-sapping though highly lucrative career in finance has afforded you up until this point (all former Citi employees should be nodding yes, and if you’re not, I feel sorry for you and your delusions)? Or maybe you’re gainfully employed at the […]

    / Jan 15, 2008 at 10:51 AM
  • banking culture

    How Financial Districts Are Born

    What drives banks to move in herds? In the late nineties we saw a number of venerable so-called Wall Street institutions flee lower Manhattan for midtown. Now it seems that investment banks are clustering around the World Trade Center site. Today a bit of a debate has broken out across the internets about why these […]

    / Dec 7, 2007 at 9:29 AM
  • banking culture

    Infinite Wisdom: It’s Easy To Avoid Gold Diggers When There’s No Gold To Dig

    Important reading for those of you out there who haven’t yet realized that there’s this way to circumvent being played by gold diggers called NOT BUYING THEM SHIT (and not dating girls you meet at Marquee) in this week’s TONY. Columnist Julia Allison interviewed three guys who’ve shed countless tears over ladies who they thought […]

    / Dec 3, 2007 at 2:46 PM
  • banking culture

    Bear Stearns Cleaner Than Citigroup

    Forget about subprime write-downs and executive ousters for a moment. For a real glance at how the biggest names on Wall Street are doing, take a look inside the executive dining rooms. Or, if you can’t actually get into the executive dining room, check out the website of New York City’s department of hygiene. It’s […]

    / Nov 16, 2007 at 2:45 PM
  • banking culture, Wall Street

    Wall Street Still Stressful, Less Drug Addled

    Wall Street is a place of legendary stress. And legendary techniques for stress relief. Jim Cramer was once famous for smashing computer key boards. John Mack used to pulverize telephones. We once had an M&A bigshot throw an entire telephone console at us. There are therapists who specialize in dealing with the stresses of life […]

    / Oct 15, 2007 at 2:07 PM
  • banking culture, Hedge Funds

    Why Don’t You Just Throw Us, Still Seated On Our Spin Bike, Into A Wall?

    So the lawyer representing Chris Carter, who we noted the other day might’ve been freed of his responsibilities at Maxim Investments Group, just called to say that it was “reckless” of us to state that his client had been “fired,” because, he says, it isn’t true. He “demanded” that we print a “corrective article” (check) […]

    / Oct 11, 2007 at 3:34 PM
  • banking culture, UBS

    That UBS Banker: New FOE Heard From

    It has been traditional for quite some time for those leaving investment banks to send an email to their colleagues on the day of their departure. The messages typically follow-up a standard format: announce the departure, wish well to others, praise mentors at the firm, perhaps indicate the next job and provide contact information. They […]

    / Sep 18, 2007 at 12:54 PM
  • banking culture

    Bankers, Strippers and Long Island City

    Andrew Krucoff is a notorious internet troublemaker. In the last couple of years, he’s served time interviewing young New Yorkers for Gothamist, crashing parties for Gawker, getting fired by Conde Nast and editing the web site of the 92nd Street Y. He also runs a blog called Young Manhattanite, which an eclectic mix of stories […]

    / Sep 5, 2007 at 9:09 AM
  • banking culture

    Buy These Shoes And Walk The Plank (There’s More Where That Came From)

    It’s come to our attention, via logging on to, that a pair of men’s shoes is being sold not 0.2 miles from DB HQs for $725—bedazzled with a silver skull and crossbones. Brought to you by 127-year-old British shoemaker Barker Ltd., the design on the sumptuous leather loafer is a throwback to the insignia […]

    / Aug 23, 2007 at 1:56 PM
  • banking culture, Summer, Wall Street, watch fetish

    Look at my $40,000 watch!

    1928 was a great year to be a WASP—the Crash hadn’t yet happened, no one questioned the sexuality of a man who adorned his body with silk twill pocket squares, and Mein Kampf was going into its ninth printing (only to be outdone several years later by Dana Vachon’s Mergers and Acquisitions, now in it’s […]

    / Jul 27, 2007 at 11:13 AM
  • banking culture

    Look at my button down striped shirt! Fucking look at it!

    Do you (check all that apply): – Wish to sartorially flaunt your fearlessness and confidence in our global economy – Have that “Suze Orman glint” in your eye – Take offense to the word ‘effeminate’ – Repeat and internalize the affirmation: “Making money is a rainbow of fun!” daily – Often find yourself gazing at […]

    / Jul 20, 2007 at 2:07 PM
  • banking culture, Hedge Funds

    Why Won’t You Just Conform?

    We like our men in blue shirts and black pants, as opposed to ensembles reminiscent of “high-end gigolos populating the piazzetta in Capri.” So the news that the new uniform of (mostly) hedgies and (some) investment bankers alike is comprised of $700 cotton poplin trousers (Bottega Veneta), $250 flip-flops (Hermès) and $20,000 satchels in matte […]

    / Jun 28, 2007 at 1:46 PM
  • banking culture

    Rich People Are Awesome, Cheap

    You probably didn’t need more proof that we live in a Godforsaken world, full of disease, famine, senseless death, misery, torture, pain and a dwindling small mouth bass population. But you’re about to get it. Greenwich Time reports that a fundraising goal of $500,000, set in 2004 by the Griffith E. Harris Memorial Golf Course, […]

    / Jun 18, 2007 at 3:33 PM
  • Activist Investors, anal is the new blow job, banking culture, Goldman Sachs, Summer, The Hamptons

    Report: Neighbor’s arbitrary and unilateral course of action is probably only exceeded by neighbor’s sense of entitlement

    Trouble in the Hamptons: Kynikos manager Jim Chanos was forced–forced I tell you– to call the cops on his neighbor a complete egocentric, namely: Goldman MD Marc Spilker- yesterday when a few of JC’s shrubs trades were senselessly torn down front run in an effort on Spilker’s part to create a wider beach path greater […]

    / Jun 12, 2007 at 4:43 PM
  • Analysts, banking culture

    Related: Come Talk To Us At The Shake Shack Today

    Another day, another person with no sense of humor suing Borat. This time it’s Jeffrey Lemerond, former Carlyle employee and, previous to that, JP Morgan analyst. In a June 1 lawsuit, Lemerond takes issue with the fact that he can be seen screaming “go away” at Cohen, and is depicted “fleeing in apparent terror.” In […]

    / Jun 7, 2007 at 8:55 AM
  • banking culture

    When Bankers Break Down
    Understandable for Over-worked Analyst or A Firing Offense?

    Last night in a DealBreaker After-Hours Special Report we brought you the story of an email brawl between colleagues at a middle market investment bank. Readers responded quickly with comments and emails expressing both sympathy and shock for the first-year investment banker who balked at a more senior associate’s request that he put together a […]

    / Jun 1, 2007 at 9:31 AM

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