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Category: Finance

Can Working on Wall Street Save Lives?

I have a friend who's worked in BigLaw, for a big Wall Street bank, and for one of the biggest swinging hedge fund managers in the world. In other words, he's made very big bucks. In addition, he has donated a big amount of money to charities and worthy causes. Read More >

Is it Cool to Work for the IRS?

According to the IRS it is. Thing is, the Internal Revenue Service is full of middle-aged employees nearing retirement age, and so the IRS needs some young blood to help it collect taxes and keep the country afloat. And to try to lure young folks into its ranks, the Service has unveiled a new campaign that makes it seem cool and hip to serve your country by making sure its citizens pay their fair share. Which does sound rather democratic. Read More >

Kleiner Suit Sheds Light on Silicon Valley’s Misogynistic Side

Although former Kleiner Perkins junior partner Ellen Pao lost her gender-biased suit against her former employer, her case has shed new light on the dark side of Silicon Valley-that is, the misogynistic side. The jury in Pao's trial, which was closely followed in the Valley, ruled against Pao on all accounts. Which meant that the jury found that Kleiner Perkins didn't discriminate against Pao because she was a woman, nor did they fire her because she filed a suit against them. Read More >

Google Poaches Wall Street's Most Powerful Woman: 3 Takeaways

Yesterday, it was announced that Google had hired Ruth Porat away from Morgan Stanley to be the tech firm's new CFO. Porat had held the chief financial officer position for the venerable Morgan Stanley for the past five years and was widely considered to be the most powerful woman on Wall Street. The move, which came two weeks after Patrick Pichette announced he was leaving his Google CFO post, was seen as a big gain for Google and a big loss for Morgan Stanley. Read More >

Big 4 vs. Regional Accounting Firms: Is the Gap Closing?

In just under a month, Vault will release its annual Accounting Rankings. This year, the rankings are based on a survey of more than 8,300 accountants, and include an overall 50 best to work for ranking, an overall prestige ranking, several quality of life rankings, and a handful of diversity rankings. Last year, in the overall prestige categories, PwC, EY, Deloitte, and KPMG (the so-called Big 4) ranked No. 1, 2, 3, and 4, respectively. Read More >

The C-Suite Spot: American Apparel’s New CEO Not Shying Away from Sex Appeal

Welcome to The C-Suite Spot, a new try-weekly column-that is, I will try to post a column each week, but the frequency of posts could be more like every other week or once every three weeks. In any case, it will highlight notable moves and news in top management at top companies around the world. American Apparel's new boss is still selling sex, just not an obscene amount of sex.American Apparel's first female CEO, Paula Schneider, has a tough act to follow. Read More >

Which Ivy League School Has the Best Instagram Account?

Follow me on Twitter @VaultFinance. Folow us on Instagram @VaultCareers. Read More >

Where the Jobs Are in New York (Hint: Everywhere but Wall Street)

New York is in the middle of an employment boom. Since the financial crisis of 2008 and 2009, the city has added close to half a million jobs. And nearly every sector has been adding jobs but one: Wall Street. Once the core of the Big Apple, Wall Street has soured as a career destination among the young and old alike. The events of the crisis tarnished its reputation among jobseekers-perhaps for a generation or two (or longer). Read More >

The Best Summer Job I Ever Had Was the Winter I Spent in the Italian Alps

In the past week, the New York Times published two articles on international internships. One about the rise of unpaid internships overseas that can cost students several thousand dollars and that seem to be very attractive to students who can afford them. And a second about a young woman who took an internship in La Paz and who writes, "Opportunities can turn into opportunities for disaster when students blindly leap into situations in foreign countries. Read More >

Finding Love at Work is More Acceptable Than Ever

Another year, another sign that office romances are gradually becoming more and more acceptable in workplaces throughout the United States. Indeed, the most striking statistic from this year's Vault Office Romance survey is that just 5 percent of respondents believe that no office romances are appropriate, down from 9 percent in 2011. Read More >

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