, Columnist
Levine on Wall Street: Bankers' Hours
"Sorry boss, I'd love to put together that pitchbook, but the junior banker task force encouraged me to go see a show this weekend."
Goldman Sachs tells analysts not to boil the ocean
Ahahahahahahahahahahahahaha "Goldman Pushes Junior Investment Bankers to Take Weekends Off." "Sorry boss, I'd love to put together that pitchbook, but the junior banker task force encouraged me to go see a show this weekend." Junior investment bankers are famously useless -- they don't know anything or see clients -- but they make up for it by working like dogs and being available at all hours to make their senior bankers' lives a bit easier. (That's also how they earn their salaries, and justify them to themselves. "Well if you consider my hours I'm practically making minimum wage" is an untrue thing you sometimes hear.) If they work nine to five what is their value proposition?