blowing your mind

John F. W. Rogers, some say, is “the single most powerful person at Goldman Sachs,” and has been for the last decade. The man behind the man behind the man. The Wizard of GS. The guy who Lloyd Blankfein was actually referring to when he said “We’re just doing god’s work.” Known as a “master tactician with a long record of behind-the-scenes accomplishments…for whom invisibility is part of a master plan,” Rogers, who came to the firm from Washington in 1994 with zero Wall Street experience, is an executive officer who sits on the management committee and has served as “chief of staff” to three CEOs: Blankfein, Paulson and Corzine, JSC being his first, on the recommendation of Bob Rubin. While his title is somewhat vague, Rogers is known as “the foremost guardian of Goldman’s partnership culture,” a man with not just gold-plated balls but crystal ones (“He said there would be some investigations and we would likely be the primary focus,” says Lucas van Praag. “He was right.”) and the guy you don’t want to fuck with (“If wronged, his vengeance can kill careers.”). Not convinced? Then answer this: would a guy with anything less than god-like power be able to pull off this? Continue reading »

Why do you want to go to business school? Is it to advance your career? While that may be the answer for many, that’s not what business school admissions officers want to hear. They’re bored. Sick of it. They want to be wowed. They want to drill down to who you are- as a human. They want to get to know you. Step out of these clothes and slip into something more comfortable. Figure out what motivates you. What makes you tick. How to they intend to do this? By changing the face of the b-school application process as we know it. The well compensated powers that be in academia have revolutionized the interview process in the following ways: Continue reading »

This is wild. Continue reading »

Some things are so obvious that they need not be pointed out but we’ll do it anyway: whacking is no longer just de rigeur with zee banks.
Hedge Funds May Cut 10,000 Jobs, Options Group Says [Bloomberg]