goldenboy, Are u in Equity Research ?
Depending on what is the level of your position, and the division. If (say) you are working for M&A advisory boutique “XYZ” and are offered a position in IBD of GS, well in this case it might be a good deal even without them buying out a bonus. It might be also different - we just lack information to judge
I would think the NPV of the Goldman job long-term would be higher.
He’s already at a BB. He’s got the opportunity to make dough and have good career where he’s at.
yeah, i was missing the key information that you were already at a BB. Of course, GS is still my dream employer above all BB’s, but BB’s a BB!
So you turned down J.Aron to stay at JPM/Bear basically…that must be a hard choice to make, I guess it depends on what you trade as well. As well I am surprised one of the various new hedge funds hasnt tried to snag you instead.
Many people would pay GS for the opportunity to work there. You sound arrogant. It’s one thing to ask for your bonus to be pro-rated. It’s another thing to say that GS sucks because they didn’t do it for you. And sitting on an offer for 6 weeks? That’s pretty unprofessional.
goldenboy, you sound like an ideal candidate for Wall Street Warriors =P
Goldenboy, I like you. You know how to stick it to the arrogant GS boys 
cfa2grunt Wrote: ------------------------------------------------------- And sitting on an offer for 6 weeks? That’s > pretty unprofessional. I wonder if GS blacklist people who do things like that, or for example sign the offer and then back out…
CFAdummy Wrote: ------------------------------------------------------- > Goldenboy, I like you. You know how to stick it to > the arrogant GS boys Yes, it sounds like GS really missed out.
> Would you say the GS name is worth 50k - 80k? Without knowing all the details, it’s hard to say but generally speaking I’d say yes, it is. Most GS resumes are highly transportable and have a higher NPV for your next job search. Also, rather than the other way around, it is probably more accurate to say that you weren’t worth $50K-$80K to GS.
You guys are giving Goldman too much credit. There are plenty of other good places to work that pay just as well if not better.
Some groups at GS are not as good as other BB banks. So it depends. But (there is always a but), GS is like Harvard Business School. Although HBS is not “The Best” for a finance MBA, it still is the most desired school by applicants.
cfa2grunt Wrote: ------------------------------------------------------- > Many people would pay GS for the opportunity to > work there. > > You sound arrogant. It’s one thing to ask for > your bonus to be pro-rated. It’s another thing to > say that GS sucks because they didn’t do it for > you. And sitting on an offer for 6 weeks? That’s > pretty unprofessional. agreed. would also disagree with his assessment that GS “sucks”
I don’ t know if it was a good call. I’m sure it will work out, but GS is a commodities powerhouse and JPM is still working to build up this business. I know Jamie was excited about the Bear’s Houston operations but still, building a commodities franchise is a fairly uncertain thing and lots can change. Good luck either way.