Careers as prestigious investment bankers

[futurenyustudent]

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It’s also important to understand how the compensation structure works. Most of any earnings of any ibank MD remain in the firm until after they retire. When the firms become worth less, so do the net worths of the bankers.

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<p>I don’t feel bad for them. They deserve it. Heck, I wouldn’t feel bad for them even if their entire net worth was wiped out.</p>