Wednesday, October 15, 2008

A True Blue Investment Banker


A first year investment banking analyst, employed at a relatively modest salary by a Wall Street bank, began conspicuously to lead a rather lavish life, dressing flashily, buying a German sports car, and otherwise giving evidence of sudden wealth.

Finally, the HR manager felt called upon to speak about the matter and asked, "How is it that you, whose salary computes to only $3,000 a week, can spend what must certainly be $5,000 or more dollars a week?"

"Why, it's simple," the investment banking analyst replied unabashed, " there are more than 3,000 employees here and every payday I raffle off my salary at $10 a ticket."

Preview: Investment Banker On Life blog