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<p>Well, I don’t see why they would care about you. </p>
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<p>Whoever claimed that MC was great? In fact, I’ve been careful to make no such claim whatsoever - and indeed, on other threads, I have myself lamented the fact that so many of the top college graduates want to pursue MC.</p>
<p>But that’s neither here nor there, for the fact remains that, for whatever reason, they want it. You can complain all you want, but they’ll still want it. </p>
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<p>Uh, if you wanted to stop reading the thread, then why not do so? Nobody is holding a gun to your head, and if you think we are, well, I question your connection to reality. </p>
<p>So now I trust that you will indeed stop reading this thread, as that will help both of us. You wanted to stop reading anyway, and we will no longer have to put up with your comments that add nothing to the conversation. Thanks, Momofwildchild!</p>
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<p>I also laughing at your naivete at the pay scales about corporate America. For every one regular employee who has become rich through stock options through regular corporate America - which excludes startups as they have been deliberately withheld from the topic of conversation - there are surely at least 100 such employees whose options have done relatively little. Let’s face it - the vast majority of major corporations do not provide significant stock options to rank-and-file workers, but instead reserve the lion’s share for management. Furthermore, it may have dawned on you by now that the stock markets have been essentially stagnant for about a decade: all stock indexes are basically where they were around year 2000. {Heck, anybody who was hired around 2007-08 and hence whose options’ strike price was set correspondingly is underwater.} </p>
<p>Stock option pay packet components of corporate managers are obviously more generous. But that simply begs the question of how do you become a manager in the first place so that you can garner those packets? The preferred answer - whether you agree with it or not - seems to be not to attempt to climb the regular corporate ladder but rather to choose IB/MC which are viewed - rightly or wrongly - as faster escalators to corporate management. </p>
<p>But - fair enough - your proposal therefore reveals another option for corporations: provide better stock option packages to regular employees. Provide more options, through faster vesting periods, and reprice them at lower strike prices when the equity is stagnant. </p>
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<p>So you’re admitting that you left your corporate employer in 2001, after one of the greatest stock market bull runs in history. No wonder you became rich. </p>
<p>Sadly, the rest of us had to suffer through the stagnant equity returns of the 2000’s, when stock options were basically worthless. What are you going to say to the guy who joined General Electric a decade ago and given stock options striked at ~$50 a share, for which the current price of GE is around $17? Or, worse, what about the guy who joined GM a decade ago and whose stock options were entirely defenestrated by the bankruptcy? I’m sure they would like to hear how their stock options are where “the real money is”.</p>