• Summer

    Coming Soon: DealBreaker’s BeachComber

    It’s summertime and the living is easy. To make life even easier, however, DealBreaker is launching a weekly newsletter focused on escaping work and engaging in leisure. This summer, BeachComber will be focused on the Hamptons and your trip out there. Every Friday afternoon we’ll update you on the expected weather, traffic and parties you’ll […]

    / Jun 17, 2008 at 4:56 PM
  • Summer

    Summer In The City: Can Anyone Beat Credit Suisse’s Shake Shack?

    The Shake Shack in Madison Square Park is open for business, and we’ve already heard reports of summer interns at Credit Suisse standing on the long lines to get burgers and fries for lunch. This reminds us of the perennial question: who has the best lunch time eating options in finance? Credit Suisse’s offices, located […]

    / May 30, 2008 at 4:01 PM
  • admin, Summer

    Summer Interns– Be Ours!

    It’s almost summer and you know what that means—DealBreaker is looking for one or two lucky individuals to be our interns and, if you play your cards right, it might just be you. Basically, it boils down to willingness for, nay a passion to excel at, picking up Carney’s dry cleaning. Are you man enough […]

    / May 6, 2008 at 12:51 PM
  • Summer

    Summer Dreams, Ripped At The Seams

    In late August, after crushing the only web or Windows games that aren’t firewalled on the system, there isn’t much left to do but count the minutes until you can Seamless dinner, and wait for the pre-train dump off. Even though MDs are on vacation, financial Circadian rhythms maintain that a ton of work needs […]

    / Aug 22, 2007 at 2:33 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
  • Banks, Lehman, Summer

    Lehman: 70% of the Time We Give Offers Every Time

    If you’re left muttering, “that doesn’t make any sense,” you’re probably not a summer at Lehman Brothers, and you don’t have a double Windsor knot (all business formal, all the time) choking the blood/air supply to your brain. Courtesy of Bankers Ball (courtesy of Intern Memo), an ex-Lehman HR lackey gives the scoop on how […]

    / Jul 6, 2007 at 11:15 AM
  • Check out the Baldwin brother in that first pic, rumors, Summer, That's what I love about these high school girls, I keep getting older, they stay the same age., The Hamptons

    Rumor Mill: No Hamptons For You

    [The following is an imagined conversation based on a real event. After the Times ran its exposé on men in their 40s who don’t let their 20-something girlfriends come out to the Hamptons for the weekend, John Ivers, 42, got himself and the 19 people with whom he went in on a sweet 4-bedroom summer […]

    / Jul 5, 2007 at 9:48 AM
  • Goldman Sachs, James Chanos, Kynikos Associates, Summer, The Hamptons

    It’s Hard To Negotiate With A Crazy, Rich Person

    Were you worried there wasn’t going to be an update to the pettiest story of all time? Worry no longer. Here’s a quick recap for those of you who haven’t been keeping score, which seems ridiculous to us since this story is about shrubs, but whatever, that’s your journey. Anyway, Goldman Sachs MD Marc Spilker […]

    / Jun 27, 2007 at 3:11 PM
  • Check out the Baldwin brother in that first pic, Summer, That's what I love about these high school girls, I keep getting older, they stay the same age., The Hamptons, Wouldn’t YOU love to be featured in the ‘Times’ for your inability to grow up?

    DealBreaker PSA: You Could Learn A Lot From This Guy

    Boys—I would like to introduce you to a man you should be watching, studying, stalking and taking copious notes on, for he is your lord and savior. Emulate this man and you will go far in life. Don’t emulate this man and you will fail at everything you do. Who is this beacon of light […]

    / Jun 26, 2007 at 12:19 PM
  • Summer

    How The Hedgies Are Spending Summer

    What are hedge fund mangers doing this summer? According to Forbes, buying BMWs in hideous colors (even though the blurb says Aston Martin). They also have plans to spend $82,000 on watches and jewelry, $446,000 on yacht rentals, and $77,000 for luxury spas. Some of them are allotting an average of $96,000 to companies like […]

    / Jun 22, 2007 at 12:00 PM
  • Dow Jones, M&A, Newspapers, Rupert Murdoch, Summer, Wall Street Journal

    What Does It All Mean?

    Is Rupert Murdoch expressing unbridled confidence (“I can take a few days off, Dow Jones will be there when I get back”) or throwing in the towel? Check out the full picture after the jump.

    / Jun 19, 2007 at 10:39 AM
  • Hedge Funds, Summer, The Hamptons

    Rich People Are Awesome

    We here at DealBreaker don’t usually take part in the Goldman-hate for Goldman-hate sake that seems to pervade the financial community and its outliers. We don’t have the testosterone fueled rage that makes us want to simultaneously kill someone and make out with them. And, of course, there’s always JSC. But this whole Jim Chanos […]

    / Jun 14, 2007 at 11:30 AM
  • 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
  • Summer

    Summer In The City: Can Anyone Beat Credit Suisse’s Shake Shack?

    The Shake Shack in Madison Square Park is open for business, and we’ve already heard reports of summer interns at Credit Suisse standing on the long lines to get burgers and fries for lunch. This reminds us of the perennial question: who has the best lunch time eating options in finance? Credit Suisse’s offices, located […]

    / May 31, 2007 at 11:01 AM
  • Commencement Addresses, Hank Paulson, Summer

    Dartmouth Nabs Hank the Tank For Commencement 07.

    The signs of the approaching summer are everywhere. DealBreaker is hiring summer interns. The recruiting departments at all the Wall Street banks are in a frenzy preparing for their own summer interns. We’re gearing up for our coverage of the follies of those same summer interns. Colleges and business schools are lining up commencement speakers. […]

    / Apr 24, 2007 at 12:31 PM
  • admin, Summer

    Help Wanted: Make It A DealBreaker Summer!

    Most folks reading this item work in finance. Seventy-seven percent of you who filled out our last reader survey told us you worked for a financial services company. But there are a few of you—we’re thinking of you, Todd Thompson—who might find themselves “between positions” this summer. And we’ve got some good news for you. […]

    / Apr 23, 2007 at 1:38 PM
  • banking culture, real estate, Summer

    Signs of Financial Euphoria: Hamptons Real Estate

    Get ready for the worst summer ever. Apparently the best rentals out on the East End are already gone. The little Gatsbys of the world have hoovered them up with this year’s giant bonuses, according to the New York Sun. “The market is incredible. It’s the best couple months we’ve had, probably since 2003,” a […]

    / Mar 29, 2007 at 2:15 PM
  • Summer, Viacom

    Redstone Swims—In The Nude—Every Afternoon.

    You probably already know this– really, how could you not– but, to wit, Sumner Redstone is a clothes-eschewing, Greek god-emulating, attention-whoring, schoolteacher-tail chasing real estate snob, and a not-dead friend of fish. Out back, next to the infinity pool, with its 50-mile views over downtown, is the hot tub where Redstone likes to shave—in the […]

    / Nov 1, 2006 at 4:00 PM
  • Summer

    Summer Ends Yesterday

    Ernesto has pretty much cancelled the last weekend of the summer. Remember when these things just wrecked cities in the South? The good old days. Now they’re ruining your end of summer cook out. Oh well. Good news. Traffic is extremely light on the Long Island Expressway. You’ll be out east in no time at […]

    / Sep 1, 2006 at 2:09 PM
  • Summer

    Morgan Stanley: The Boys of Summer

    One of our favorite blogs, WallStFolly, runs with this picture today. It’s allegedly Morgan Stanley’s summer class, although they look a little bit too civilized for our taste. Send us your pics!

    / Sep 1, 2006 at 9:19 AM
  • Summer

    After the boys (and girls) of summer have gone

    We’re awash in photos of the summer classes of London banks. To the left you see Lucy Gao’s fellow Citigroup interns, and after the jump we’ve got the Goldman 2006 summer class. No one, however, has seen fit to send us any group shots of summer interns from out home town of New York City. […]

    / Aug 31, 2006 at 4:11 PM
  • banking culture, Summer

    The Interns Look Good With Hot Dogs In Their Mouths

    The New York Observer checks in with the mandatory end-of-summer story of “what the interns did this summer.” It’s pretty standard stuff—coke references, expensive drinks in fancy clubs and late hours. This story from a “young fellow at JP Morgan”, however, was a new one for us: “On my floor, there were two interns,” he […]

    / Aug 23, 2006 at 2:47 PM
  • Summer

    The End Times Are Nigh

    It has been a frustratingly slow day for DealBreaker style news. We’re pretty sure we know why this is—the end times are coming. That’s right. Tomorrow is August 22, the day Bernard Lewis (writing in the Wall Street Journal) informs us that many Muslims commemorate the night flight of the prophet Muhammad on the winged […]

    / Aug 21, 2006 at 4:45 PM
  • Summer

    Best. Weekend. Ever.

    Alright. It’s just about time to head out for what promises to be the best weekend ever. Or at least the best since sometime in mid-July, before we got hit by the Wrath-of-God heat wave. On tap: fishing, drinking beer at a picnic table, forgetting all about business and finance for a couple of days, […]

    / Aug 11, 2006 at 5:34 PM
  • Summer

    Endless Summer Ending

    Is it over already? Summer finance internships are wrapping up all around the city. The fresh faced kids aiming for econ degrees at good schools have gained weight and now barely squeeze into the suit they bought during interview season last fall. Too many lunches, too many trips to Peter Lugers, too many conference room […]

    / Aug 7, 2006 at 10:14 AM
  • Summer

    Wall Streeters Out East

    This summer we’ve more or less fallen in love with staying in the city. Empty restaurants, bars you can belly up to without a struggle, lonely women and taxi cabs galore. But listen up ladies, if you’re still losing your weekends to the Hamptons, you might want to glance above at Hamptons Magazine’s Men of […]

    / Jul 14, 2006 at 3:28 PM
  • Summer

    Bull-Running Bashed Up Bank of America Bond Trader Returning to US

    We hope this guy gets better so we can make fun of him. Bank of America bond trader Ray Ducharme, a New York native who has lived in Charlotte for the past eight years, went to Pamplona for the running of the bulls and wound up with severe spine injuries. But he wasn’t hurt by […]

    / Jul 12, 2006 at 9:35 AM
  • Summer

    Masters of the Universe Stymied By Tiny Island

    If you’ve ever wondered what kind of country the very rich would create if they had their way, we suggest you visit Nantucket. It’s the ultimate gated community, surrounded not just by a gate but by a moat of ocean, accessible only by plane or ferry. And far from being some sort of haven of […]

    / Jul 12, 2006 at 8:52 AM

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