Unfortunately (or fortunately, depends how you look at it) GS is losing some of it’s luster and “elite” status when they roll out a program like Marcus. They’re reaching to the common man which is somewhat frowned up in the elite banking world since it’s what made “Wall Street Elite” what it is. When GS is trying to reach us peasants, all is not necessarily as well as it used to be.
Now we’re going to have a bunch of millenials running around bragging that they do business with GS when in reality they took out a $25k loan, much to the chagrin of the Big Bank when they turn around and bundle these outstanding debt securities (CDOs) with other trash and sell it back to the public. It’s like feeding you your own shit, and when these loans start to inevitably default again because they shouldn’t have been issued in the first place, we will have another economic meltdown much like ’08 and we can once again peg GS for being the “out of touch Wall Street Elite” that we know and love. :o)
Brings back fond memories. My first hunt in the Upper Peninsula of Michigan with my grandfather ended up being his last. Didn’t see a single deer all week and the night before we left I went out alone and sat alone in his blind (I had been in a different blind the rest of the week.) Ended up bagging a 160lb doe (pretty big for a doe) on my last night. He passed away the following year. It was a proverbial passing of the torch….
I mean that’s like what, $500 roughly per event? On its own it’s not that bad (although way more than I’d be willing to shell out) but so easily we tend to forget that money adds up over time.
I mean I think this is what can contribute to the whole “millennials will have on average 7 different jobs by the age of 30.” Yeah, I’m sure the company not being loyal has something to do with it but a couple grand increase/bonus every couple of years draws people to be less invested in their current job because they don’t have a long term outlook. Instant gratification has spilled into the workplace and I’m not sure it’s the best thing to happen to the common man.
With social media though it’s sort of what the world is turning into. Everyone has an opinion whether they are qualified to give it or not. It’s always funny when someone drones on about something that you studied or have extensive knowledge in and they don’t, then when they’re done just be like “yeah, I have a degree in that.” Can sometimes put them in a body bag and make them feel stupid, or they’re literally too dumb to even realize what they just did.
One day on Twitter everyone is an expert on foreign policy and the Israel/Palestine conflict, the next day it’s about rising interest rates and the inverse yield curve.
Agreed. It’s always more fun to just sit back and listen at the bar and when the conversation finally moves towards you 30 minutes later…. “so what have you been up to?” and you one-up everyone. Not because you tried, but because they asked.
I get what you’re saying but…. it’s the city. I’m not gonna go to Idaho and complain about smelling cow shit all day and nothing but farm fields and no Starbucks within 200 miles. It’s just how it is in a city whether it’s right or wrong.
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Still better than anything you’ve put out, chief.
Uh
I’m sure in the city it is with hot garbage smells wafting in but there’s nothing like fresh air at night when you’re in a wooded area or the country.
I mean, great movie but I work in finance. Does that qualify me?
I had too much coffee this morning.
Unfortunately (or fortunately, depends how you look at it) GS is losing some of it’s luster and “elite” status when they roll out a program like Marcus. They’re reaching to the common man which is somewhat frowned up in the elite banking world since it’s what made “Wall Street Elite” what it is. When GS is trying to reach us peasants, all is not necessarily as well as it used to be.
Now we’re going to have a bunch of millenials running around bragging that they do business with GS when in reality they took out a $25k loan, much to the chagrin of the Big Bank when they turn around and bundle these outstanding debt securities (CDOs) with other trash and sell it back to the public. It’s like feeding you your own shit, and when these loans start to inevitably default again because they shouldn’t have been issued in the first place, we will have another economic meltdown much like ’08 and we can once again peg GS for being the “out of touch Wall Street Elite” that we know and love. :o)
At first I read this as “a lot of babes to be touched here.”
You would.
Name doesn’t check out. But then again as a fellow FA, I would do the same.
I thought I’d take a look at them since I’ve heard it so many times but holy shit it’s expensive.
Brings back fond memories. My first hunt in the Upper Peninsula of Michigan with my grandfather ended up being his last. Didn’t see a single deer all week and the night before we left I went out alone and sat alone in his blind (I had been in a different blind the rest of the week.) Ended up bagging a 160lb doe (pretty big for a doe) on my last night. He passed away the following year. It was a proverbial passing of the torch….
I mean that’s like what, $500 roughly per event? On its own it’s not that bad (although way more than I’d be willing to shell out) but so easily we tend to forget that money adds up over time.
I thought I was reading my unwritten memoir for a second.
Name checks out.
I mean I think this is what can contribute to the whole “millennials will have on average 7 different jobs by the age of 30.” Yeah, I’m sure the company not being loyal has something to do with it but a couple grand increase/bonus every couple of years draws people to be less invested in their current job because they don’t have a long term outlook. Instant gratification has spilled into the workplace and I’m not sure it’s the best thing to happen to the common man.
Who do you know here?
With social media though it’s sort of what the world is turning into. Everyone has an opinion whether they are qualified to give it or not. It’s always funny when someone drones on about something that you studied or have extensive knowledge in and they don’t, then when they’re done just be like “yeah, I have a degree in that.” Can sometimes put them in a body bag and make them feel stupid, or they’re literally too dumb to even realize what they just did.
One day on Twitter everyone is an expert on foreign policy and the Israel/Palestine conflict, the next day it’s about rising interest rates and the inverse yield curve.
Agreed. It’s always more fun to just sit back and listen at the bar and when the conversation finally moves towards you 30 minutes later…. “so what have you been up to?” and you one-up everyone. Not because you tried, but because they asked.
Name checks out.
I get what you’re saying but…. it’s the city. I’m not gonna go to Idaho and complain about smelling cow shit all day and nothing but farm fields and no Starbucks within 200 miles. It’s just how it is in a city whether it’s right or wrong.