$3.6M Bonus: I quit

Discussion in 'Wall St. News' started by nitro, Jul 19, 2016.

  1. TraDaToR

    TraDaToR

    I am reading this book. In the last chapter I read, he lost 20 M$ in 3 weeks at Bank Of America( the biggest "up" amount 'til this chapter is an 8 M$ year AFAIK... ), and accept a job for 1M$ a year at a HF( just pages earlier he was about to become a billionaire in distressed debt at B of A... ). That whole episode takes 10 lines in the book and we are back at the "heart" of the story, him reconciling with his mother and brothers, getting rid of his childhood's insecurities... Funny how for someone so open about his inner weaknesses he chose to relate it so briefly...
     
    #11     Nov 17, 2016
  2. TraDaToR

    TraDaToR

    I am a bad mouth. In the next chapter he makes "hundred of millions", his best year and doesn't write a whole chapter out of it.
     
    #12     Nov 17, 2016
  3. S2007S

    S2007S

    He should be even lucky enough to receive such a bonus....greed on wallstreet is disgusting..... Little does he know that about 99.3% of the world population will never see that kind of money in their lifetime...that his bonus is higher than the average pay of someone's lifetimes earnings here in the good old usa....i cannot wait for wallstreet to see another crisis so these little pu$$ies can stop crying that a $3.6 million bonus wasn't enough for them...
     
    #13     Nov 18, 2016
  4. TraDaToR

    TraDaToR

    What is fun is he shares your opinions, but contradict himself all the time. He wants to quit Wall Street to pursue a "meaningful" career( which is pretty much anything with a word like bio, equitable, non-profit, durable...in it ), but tried to force his last bosses to pay him a 8 M$ instead of 3.6 bonus BEFORE RESIGNING. He said he realized WS greed was disgusting "when losing traders starts to complain about their bonuses" but he did the exact same thing and abandonned ship at B of A in the same circonstances...
     
    #14     Nov 18, 2016
  5. Let's say he is coping as best as he can with his mega loss.
     
    #15     Nov 18, 2016
  6. TraDaToR

    TraDaToR

    By the way, I have nothing against WS types in general even with all the greed et al. On this forum, Garachen, Newwurldmn, sle ...are the most interesting and just reading them, you feel they must be decent individuals as well, you can hardly find an insult in their posts ...
     
    #16     Nov 18, 2016
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