The quote was to illustrate how many people have false views, and the information provided was intended to show exactly how those views are false.

Furthermore, if you read through other articles on my site you will see that I give a very accurate picture of what the lifestyle is like and don’t sugar-coat anything.

It would stand to reason that if you have enough information on this industry to write an article instructing people how to obtain a job, than you should know the above-mentioned statement is false.
As the wife of a former (laid off since March of ’09) investment banker, I would like to set the record straight. My husband worked 60-80 hour workweeks. He traveled 3-5 days a week. We have never had a non-working vacation. Weekends were spent putting “finishing touches” on deals or running interference on deals going south, not playing golf or coaching little league.
The bonuses could be substantial if most of the year’s deals were brought through to fruition. The money is based on performance and non-hackers don’t last. You will pay a price for the privilege of earning a very good living if you’re good enough to survive the demands of the job. I’m certainly not throwing us a pity party, but people should know the truth. In investment banking as with life, there’s no such thing as a free lunch. Please stop “helping” people with your informative articles if the information you are pandering is false.