Re: Wall Street Plans $38 Billion of Bonuses as Shareholders Lose



On Tue, 20 Nov 2007, morrisjcroy@xxxxxxxxx wrote:

Lot of my MIT classmates went in finance/consulting, 42% of the 2005
class according to their placement office survey I mentioned here
earlier.

Awwwww, rick, what happened to your wonderful idea about "all that
'interesting stuff' being done in science" you've been blowing the horn
about for all these years?

A better question is how many of these folks eventually become a
"partner" in their particular investment banks, consulting firms,
etc ... Making it to a "partner" is that world's equivalent of
getting "tenure", though it is not a job for life. (ie. If the firm
goes bankrupt or gets bought out, you're most likely out of a job).


Yeah, but if you walk with a ton of money (severance in $millions, bonuses in $ millions, options in $ millions, retirement package in $ millions, other perks in $ millions [think Jack Welch], etc), who cares?



.

Relevant Pages

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    ... then add partner and change the ... So the kids produced have no rights? ... defined so that all in science know how to use the new convention. ... truth, whether you, I or anybody else 'likes' the truth. ...
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  • Re: Wall Street Plans $38 Billion of Bonuses as Shareholders Lose
    ... Awwwww, rick, what happened to your wonderful idea about "all that ... "partner" in their particular investment banks, consulting firms, ...
    (sci.research.careers)