Subscribe to Derek Loosvelt's Vault Blog RSS Feed.

Derek Loosvelt

Derek Loosvelt is Vault's senior finance editor. Derek has a BS in economics from the Wharton School at the University of Pennsylvania and an MFA in creative writing from the New School. His writing has appeared in several online and print publications. Previously, he worked in investment banking as an M&A analyst and associate.


Contact Derek Here


All Posts by Derek Loosvelt

What Is a 'Superboss' and Why Is Donald Trump Not One?

by Derek Loosvelt  |  February 24, 2016

According to Tuck Business School Professor Sydney Finkelstein, there's a type of boss that is "beyond superstar," that grooms talent, that scouts, trains, and develops the next generation of leaders, as opposed to simply building his or her own organization. The name for such a boss is "superboss," and Finkelstein's decade-long research on the subject of the superboss is now available in his new book, Read More >

Talent Wars: Is Silicon Valley Salivating Over the Bonus Drought on Wall Street?

by Derek Loosvelt  |  February 19, 2016

Back in 2008, when the mortgage-backed securities hit the fan, there was a monstrous public outcry for banker bonuses to be scaled back. Banks kicked and screamed, fighting hard against it, but in the end acquiesced and scaled bonuses back. Or sort of scaled them back. What they agreed to do, instead of giving senior bankers mountains of cash at the end of the year, was give them mountains of stock. This was a way to show that banks and bankers weren't just in it for the short-term gains,... Read More >

From the Marines and Merrill Lynch to Marijuana Startup CEO

by Derek Loosvelt  |  February 17, 2016

As I've written about previously here and here, opportunities abound in the budding legal weed business. And these aren't just for growers, trimmers, and budtenders, but also fo Read More >

Does School Prestige Affect Earnings Potential?

by Derek Loosvelt  |  February 16, 2016

According to a recent and rather extensive study of 7,300 college grads, how prestigious your school is might make little to no difference to your future earnings. That is, if you're a science, tech, engineering, or math major it won't. For STEM-related majors, average earnings don't vary much among the college categories. For example, we find no statistically significant differences in average earnings for science majors between selectiv Read More >

Beware of This Breakfast Interview Trick

by Derek Loosvelt  |  February 10, 2016

If you ever have a breakfast interview with Walt Bettinger, the CEO of financial services giant Charles Schwab, beware of receiving the wrong order. That is, don't be surprised if you receive eggs over easy with a side of bacon when what you actually ordered was French toast with home fries. One thing I' Read More >

This Radical Move to End Wall Street Greed and Hubris Just Might Work

by Derek Loosvelt  |  February 08, 2016

Not that long ago, most Wall Street banks weren't public entities but private partnerships. And so, instead of their names ending with a Co. or an Inc., they ended with an LLP. Which meant, among other things, if the firms were forced to pay fines for misdeeds, it wasn't shareholders that picked up the tab (because there weren't any shareholders) but the bankers themselves, which is to say the partners themselves. I mention this because taking a metaphorica Read More >

Is Yahoo's Performance Review System Illegal as Well as Morale-Crushing?

by Derek Loosvelt  |  February 03, 2016

It hasn't been a good week for Yahoo. Yesterday, in its fourth quarter 2015 earnings report, Yahoo said it had accidentally overvalued itself by a $4.5 billion and announced it would be laying off 15 percent of its 11,000 employees. And on Monday, it was revealed that a former Yahoo employee is filing a lawsuit against the company, alleging that Yahoo m Read More >

The Devil Wears Tom Ford

by Derek Loosvelt  |  February 01, 2016

When you think of great female corporate leaders, you might not think of Anna Wintour. But you should. Wintour-a mother of two who serves as the artistic director of the Condé Nast empire in addition to overseeing many of its publications, including Vogue, Golf Digest, and Brides-is undoubtedly one of the most powerful women working in U.S. business today, not to mention the most powerful man or woman working in the fashion industry today. And although this co-overseer of more than one... Read More >

Which Companies Have the Healthiest Employees?

by Derek Loosvelt  |  January 27, 2016

Although the answer to this question isn't something we know now, we might in the very near future. According to the Wall Street Journal: A group of employers, including International Business Machines Corp., PepsiCo Inc. and Johnson & Johnson, are weighing how to publicly report-and measure-the health of their workforce. Such ratings would give shareholders, corporate directors, managers and consumers insight into a company's commitment to improving employe Read More >

Is Insead a Better MBA School Than Harvard?

by Derek Loosvelt  |  January 25, 2016

According to the Financial Times' new MBA rankings, Insead is the best business school in the world. The school, based in France and Singapore, ranked No. 1 in the FT's 2016 global MBA rankings, unseating Harvard, last year's top MBA program, which ranked No. 2 this year. Insead and Harvard were followed by London Business School, Wharton, and Stanford, respectively. The reason for Insead's rise to No. 1 (it ranked No. 4 last year) had to do with its length and t Read More >

Become a Vault Basic Member

Complete your Vault Profile and get seen by top employers