That meant he was trapped for three hours to the ten-yard trench in the floor at the front of the room with a long table, a podium, and a blackboard.
Allowing interest rates to swing wildly meant allowing bond prices to swing wildly.
Some traders said Gutfreund was heavily outmatched.
So why were these people behaving like this?A woman from The New York Times who interviewed us three months into our program was so impressed by the uniformity in our attitudes toward the firm jakie są fajne gry na 2 osoby zapytaj that she called her subsequent article "The Boot Camp for Top MBA's." Like all newspaper articles about Salomon.Then he'd pick up a newspaper (or, worse, your resume) and begin to read.Even when they felt merely ambivalent about a speaker, back-row people slept or chucked paper wads at the wimps in the front row.And they decided for reasons best known to themselves to invest some of their winnings in buying people like.You can't get them any cheaper." That explained.I want to be an investment banker.Actually that's not fair.
Investment banking applicants were expected to be culturally literate.
If we were unable to buck convention in our lives, would we be likely to buck convention in the market?
But the front row was less confident than the back that the firm was a meritocracy of money-makers.Two or three people cut deals with managing directors at the start of the program that ensured them the jobs of their choice.ME (obviously, the honest answer was that I didn't know.Anyway, there wasn't really any place else.Others who couldn't imagine John Gutfreund as anything but omnipotentand there were manysaid that losing suited his purpose, though exactly what that might be was a mystery.Aren't you worried about getting a job?That friend pressed for me to join his department.Gutfreund's cigar droppings were longer and better formed than those of the average Salomon boss.Specifically, she shouted, "Hey, Queen, Nice Dogs You Have There!" Several dozen insurance salesmen went pale.And putting on a blue suit to have a business breakfast.Merely to entertain the thought was a luxury that must have pleased him well.You might ask if you were anyone other than the King of Wall Street.