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Category: Finance

Dear Sam Polk (A Letter to a Wealth Addict)

Dear Mr. Polk, I read (re-read) your January 18, 2014 New York Times op-ed, "For the Love of Money," with great interest and even greater admiration. Currently, I'm a third-year college student at a school in Boston (☺), and, like the young Sam Polk, before he realized that he was addicted to wealth, I, too, am very enthusiastic, to say the least, about pursuing a career on Wall Street. Which is the reason I'm writing you today. Read More >

The Revolution Against Open-Office Plans Has Begun

Although 70 percent of the American workforce now works shoulder-to-shoulder in football-field sized rooms without anything as much as an iPhone-thin wall separating their desks, studies continue to show that open-office plans are detrimental to employees' concentration, productivity, creativity, stress level, and job satisfaction, not to mention their health. Read More >

The Werewolf of Wall Street

The greed is unimaginable. The hubris is pornographic. And the smug, arrogant mask on the main character's face will make you clench your fists and grit your teeth with rage. No, I'm not talking about the latest Scorcese-DiCaprio collaboration but the latest PBS Frontline documentary, "To Catch a Trader," which follows the U.S. government's insider trading investigation of self-proclaimed Hedge Fund King Steven A. Cohen and his eponymous billion-dollar hedge fund empire. Read More >

Best and Worst of 2013: The Year in Work and the Workplace

When it comes to career-related news and developments, there was a lot to celebrate in 2013. There was also a lot to condemn. And below, in no particular order, is a collection of bests and worsts from the year in work and the workplace. Best Use of a Beastie Boys Song to Attempt to Increase the Number of Engineers Who Are GirlsToy company GoldieBlox thought it had hit gold when its ad using the Beastie Boys' song "Girls" received more than 8 million views. Read More >

Our 13 Most Popular Blog Posts of 2013

During the past year, our readers wanted to know which firms topped our annual rankings of law, banking, accounting, and consulting firms. They wanted to know how to write letters of recommendation for themselves and how not to write follow-up letters to employers. They also wanted to know why women aren't doing a better job of networking, and if an M.B.A. is still worth their dime and a damn. And perhaps above all else, they wanted some simple tips on how to succeed on the job. Read More >

From Intern to CEO: Mary Barra Named GM’s First Female Chief

I grew up in the 1980s a few miles north of Detroit, and during that time in the area it seemed like every third classmate of mine came from a household whose father worked for one of the Big Three automakers-GM, Ford, or Chrysler. I also remember quite a few fathers working for auto part manufacturers. However, I don't recall any of my classmates' mothers working in the automotive industry. In fact, few of my classmates' mothers worked full-time jobs at all. In 1980 I was eight years old. Read More >

The Great American Internship Alternative

Slowly and steadily, a national emergency has been emerging on our nation's highways, and it has nothing to do with rising gasoline prices and everything to do with the aging population of our country's finest long haulers. That is, many of America's most experienced truck drivers-integral cogs in the national freight and shipping machine-are approaching retirement age, and there aren't many wannabe young long haulers in line to take their place. Read More >

Why Goldman Sachs’ New Saturdays-Off Policy Won't Work

Last week, when I clicked on the headline, "Goldman Sachs Pushes Junior Investment Bankers to Take Weekends Off," I assumed I'd be sent to a URL containing the words Comedy Central, or Funny or Die, or perhaps The Onion. Instead, to my surprise, I was taken to Bloomberg. Read More >

Reading Munro and Murakami Improves Interviewing Skills Says Study

Last week, the New York Times highlighted a recent study conducted by two psychologists from the New School that apparently proves that reading literary fiction can help you become a better interviewee. Say you are getting ready for a blind date or a job interview. What should you do? Besides shower and shave, of course, it turns out you should read-but not just anything. Read More >

Is Silicon Valley Just as Decadent as Washington and Wall Street?

In a recent interview with online arts and political magazine Guernica, George Packer, a staff writer for The New Yorker, talks about his latest book, The Unwinding: An Inner History of the New America, which was published earlier this year and was inspired, in part, by "the failure of Wall Street, the failure of Washington, [and] the bottoming out of the economy. Read More >

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