Don't start

Discussion in 'Wall St. News' started by dealmaker, Jun 4, 2020.

  1. dealmaker

    dealmaker

    Don't start

    The banking advisory firm Evercore is to pay incoming junior bankers up to $25,000 not to start work just yet—that's $15,000 to hang on until January, and $25,000 to wait until next summer, when everyone hopes the coronavirus pandemic will be under control. This sort of move hasn't been seen since the last financial crisis. Wall Street Journal


    ps behind pay wall
     
    Nobert likes this.
  2. Nobert

    Nobert

    There's some game in between the lines, some different purpose (not that i want to dwell on it for too long).
    But people in that position, should be way smarter than this.
     
  3. ironchef

    ironchef

    Clever, it is like buying options.
     
    dealmaker, Nobert and wrbtrader like this.
  4. Nobert

    Nobert

    Nice.

    Like that corporate lockdown with 5 years, of delayed equity payouts, just a diverse.