Right before Internship

I will keep background to a minimum...and keep links posted around this website for other interns to check out. These posts will generally be relegated to people with an interest in Finance....or an interest in Kick-ass NYC restaurants.

I moved from Colorado into the NYU Water Street Dorms for the Summer. First off...everybody in my NYU dorm is working in one financial internship or another. Second...everybody asks which *house* they are working for when faced with someone else from the apartments. There seems to be a stereotypical response matched to whatever finance firm is mentioned... somewhat like a Hindi caste system relocated to 200 Water Street. The Brahmins are working for the Bulge Brackets...and the untouchables are working over at firms in White Plains and other areas that take 40 minutes by Grand Central train to reach. The reason I mention this is because Finance is one friggin' competitive area. The people that go for Finance internships tend to be Alpha Male/Female... aggressive types...thus the 'finance placement' question comes into play frequently in these closed quarters.

Based on these reactions, I have established a hierarchy of financial firms purely based on my interpretation of the students' responses.

1st..."Bulge Bracket": Goldman Sachs, Merrill Lynch, Morgan Stanley, Citigroup, JP Morgan Chase.

The general response to this answer range from "niiiice" to...well..."niiice", in my limited time spent here..some students have tried to use their bulge bracket firm as a pickup line. It has not worked so far from the incidences I have happened to be within earshot to hear. In the end, being a coffee-wench for a rainmaking quant trader at Sachs will get you about as much trim/nut as being a lunch monkey for a broker out in Elmont, NY.

2nd level: Bear Stearns, Lehman Brothers, UBS, Deutche Bank

3rd Level: The Others...(Lost/NBC please do not sue my ass for copyright infringement)

Not much differentiate the second and the third level in responses. It just comes down to responses from people within the second and third categories to each other.

Fucking pecking order...



AWESOME! Now that I am beyond the stereotypical first *hierarchical* post for a finance intern blogger.....I want to share some links for any intern that happens across this blog.

1. Check out www.internmemo.com if you happen to intern in NYC...awesome stuff.

2. Look at www.nymag.com and check out their dining blog 'Grub Street' for cheap eats. I was cooking $3 meals of pasta and tomato sauce until I found out about how many cheap restaurant eats are available in NYC.




And in order to appease any random viewers out there...here is the latest picture of Paris Hilton's vagina: