Another crazy week at work (pending deals and, you, know, everyone getting laid off and leaving me with all their work to finish) and another weekly reader Q&A while I find time to write more 3,000 word articles…
Elite Boutiques
“I had multiple full-time bulge bracket offers but instead opted to go to a recently founded “elite” [...]

Lateraling To Another Investment Bank? Look Before You Leap

Posted by Inquisitor on April 10th, 2008

“Inquisitor, I’m at Lehman’s TMT Group currently but I heard that Goldman TMT is way better and that everyone who works there aces their private equity interviews and gets offers at KKR and Blackstone. How can I transition over to a much better group/bank?”

Every week I get questions like the one above. And my reply is usually the same: don’t bother. In most cases, lateraling is simply a waste of time and effort. Around this time of year, though, young investment banking analysts everywhere think about making the move.

Bear Stearns Episode 2: The Shareholders Strike Back

Posted by Inquisitor on March 19th, 2008

The reality is no one knows what’s going on. Neither the CEOs of the companies, the Fed, nor any of the Managing Directors know what’s going to happen.

Will people be fired? Yes. But no one knows how many, who, or when, and anyone else saying otherwise is simply spreading false rumors.