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by Derek Loosvelt|December 05, 2013
A few weeks ago, JPMorgan's supposedly harmless Twitter exercise
#AskJPM-in which the bank invited Twitter users to pose
career-related questions to JPMorgan Vice Chairman James B. Lee
Jr.-quickly backfired, and instead of asking Lee
Jr. questions, the Twittersphere took the opportunity to tell
JPMorgan and its management team what they really thought of them.
Tweets like the following were posted (with the #AskJPM hashtag) by
the hundreds: "What's your favorite type of whale?
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by Phil Stott|December 04, 2013
Give a bunch of academics long enough, and they'll come up with a
study that can suggest just about anything-including an upside to
this terrible job market. According to an article in The Week,
researchers at Emory University's Goizueta Business School have
found that there may be a correlation between job satisfaction over
the course of a career and the economic climate that you graduated
into.
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by Cathy Vandewater|November 14, 2013
Five women, all embarking on law careers at Debevoise &
Plimpton, reflected on "ambition, leadership and success" for the
September 9th, 2001 issue of the New York Times. Unsurprisingly,
they sounded confident, modern, full of energy, and boundlessly
optimistic about their career possibilities as women in a male
dominated field-especially at the high levels they aspired to. That
was 12 years ago. Has big law changed?
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by Phil Stott|November 14, 2013
Standard advice about interviewing at companies decrees that you
should always do your research in advance, and come armed with a
few pertinent questions on the firm's business model, goals, and
the like. It also decrees that you should save questions pertaining
to compensation, perks and benefits for at least a second round
interview.
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by Derek Loosvelt|November 07, 2013
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.
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by Phil Stott|November 07, 2013
Question: what recipe can you make with the following
ingredients? A record number of employees approaching
retirement age in the next handful of years. A bunch of companies
whose workforces were hollowed out by layoffs in the recent past,
leaving them with record cash reserves, but struggling for
battle-tested, promotable talent to meet future needs. Students
graduating from college lacking the skills to hit the ground
running in their careers.
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by Derek Loosvelt|October 30, 2013
Lewis Allan Reed, better known as Lou Reed, the iconic front man
for the legendary New York City band the Velvet Underground, passed
away this week at the age of 71. During his lifetime, Reed, through
his music and lyrics, built a worldwide fan base of millions of
people. He also served as inspiration for at least two generations
of musicians.
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by Cathy Vandewater|October 28, 2013
It's the end of an era: publisher Conde Nast is ending its
internship program in 2014, making this batch of (unpaid) interns
its last. The change has come about after two former interns sued
the publisher in June 2013, but ironically, it seems that those
most upset by the end of the program are the prospective interns
themselves.
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by Derek Loosvelt|October 23, 2013
Rani Nazim is an Executive Director in the Fixed Income Division at
Morgan Stanley, where she trades investment grade bonds and credit
default swaps. She has worked for Morgan Stanley for the past nine
years. Recently, she sat down with Vault and answered questions
concerning the current state of female diversity in investment
banking, what it's like to be a woman on Wall Street, and Sheryl
Sandberg's "Lean In" philosophy. Below is an excerpt from that
conversation.
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by Phil Stott|October 23, 2013
In the annals of "successful people doling out advice," the genre
may have found something of a new classic text in Dilbert creator
Scott Adams' Wall Street Journal piece on failing your way to the
top.
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