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Goterpss outed

  • Omar Little said...

    Are you mentally retarded?

    Seriously.

    I love Boy Meets World, but come the eff on.

    Overlord NJT

  • You know what? Fuck this.

    And also, fuck this guy:

    "People who don't have money don't understand the stress," said Alan Dlugash, a partner at accounting firm Marks Paneth & Shron LLP in New York who specializes in financial planning for the wealthy. "Could you imagine what it's like to say I got three kids in private school, I have to think about pulling them out? How do you do that?"

    Yea, I'm the poor don't understand what kind of stress these poor bankers are feeling.

    Bonus Withdrawal Puts Bankers in "Malaise" - Yahoo! Finance

    From Yahoo! Finance: Andrew Schiff was sitting in atraffic jam in California this month after giving a speech at aninvestment conference about gold. He turned off the satelliteradio, got out of the car and screamed a profanity. ...

    finance.yahoo.com

    PantsEnFuego ●

  • PantsEnFuego said...

    "Could you imagine what it's like to say I got three kids in private school, I have to think about pulling them out? How do you do that?"

    Say, "tough lost?"

    TheRawDogg

  • PantsEnFuego said...

    You know what? Fuck this.

    And also, fuck this guy:

    "People who don't have money don't understand the stress," said Alan Dlugash, a partner at accounting firm Marks Paneth & Shron LLP in New York who specializes in financial planning for the wealthy. "Could you imagine what it's like to say I got three kids in private school, I have to think about pulling them out? How do you do that?"

    Yea, I'm the poor don't understand what kind of stress these poor bankers are feeling.

    Hes not a banker dumbass.

    chlurker

  • He is definitely an asshole though.

    strOterp ●

  • I've noticed that the sports bars I attend have way more servers on duty than is necessary.

    This post was edited by raleighdevil on 2/29/2012 at 6:52 PM

    raleighdevil

  • chlurker said...

    Hes not a banker dumbass.

    He's talking about bankers, dumbass.

    PantsEnFuego ●

  • FTR, the article doesn't just discuss "bankers" but pretty much anyone that works for a bank or asset mgmt firm. I understand that middle america will never comprehend wall street comp (and vice versa) but people make sacrifices to do this stuff -- they toil for years, live in small apartments, etc. They often go to school and take a bunch of debt. There's also a TON of career risk, any firm can go out of business in 3 days or be fired on a whim. The guy was clearing 200K after taxes for a family of 4 while living in a small apartment in brooklyn with no dish washer. When your 46 and this is all y ou know, you really have no choice and it's hard to do something else. If middle america wanted to make this kind of money they too can come here and earn the same paychecks. Nobody is stopping them.

    goterpss ●

  • goterpss said...

    FTR, the article doesn't just discuss "bankers" but pretty much anyone that works for a bank or asset mgmt firm. I understand that middle america will never comprehend wall street comp (and vice versa) but people make sacrifices to do this stuff -- they toil for years, live in small apartments, etc. They often go to school and take a bunch of debt. There's also a TON of career risk, any firm can go out of business in 3 days or be fired on a whim. The guy was clearing 200K after taxes for a family of 4 while living in a small apartment in brooklyn with no dish washer. When your 46 and this is all y ou know, you really have no choice and it's hard to do something else. If middle america wanted to make this kind of money they too can come here and earn the same paychecks. Nobody is stopping them.

    I appreciate many of your underlying points in this post, but you can't really say "have no choice" when you're talking about sending multiple kids to private schools. If a person in middle america wanted to buy a brand new $32K car every single year and pay it off in full every year, you would KILL him for doing that. But people spending $32K per year per kid on private school is somehow a necessity? Maybe he could afford a dishwasher if he didn't feel embarrassed by the very concept of sending his kids to public school?

    terps99

  • terps99 said...

    Maybe he could afford a dishwasher if he didn't feel embarrassed by the very concept of sending his kids to public school?

    In NYC? Really?

    SATerp

  • goterpss said...

    FTR, the article doesn't just discuss "bankers" but pretty much anyone that works for a bank or asset mgmt firm. I understand that middle america will never comprehend wall street comp (and vice versa) but people make sacrifices to do this stuff -- they toil for years, live in small apartments, etc. They often go to school and take a bunch of debt. There's also a TON of career risk, any firm can go out of business in 3 days or be fired on a whim. The guy was clearing 200K after taxes for a family of 4 while living in a small apartment in brooklyn with no dish washer. When your 46 and this is all y ou know, you really have no choice and it's hard to do something else. If middle america wanted to make this kind of money they too can come here and earn the same paychecks. Nobody is stopping them.

    boo fucking hoo

    "I suffered through the Boller years and nearly a decade of offensive futility." -Bmorechil

    ccterp

  • terps99 said...

    I appreciate many of your underlying points in this post, but you can't really say "have no choice" when you're talking about sending multiple kids to private schools. If a person in middle america wanted to buy a brand new $32K car every single year and pay it off in full every year, you would KILL him for doing that. But people spending $32K per year per kid on private school is somehow a necessity? Maybe he could afford a dishwasher if he didn't feel embarrassed by the very concept of sending his kids to public school?

    I'm certainly no expert on public schooling in NYC, but I think we can all agree it's not exactly the same discussion in public vs. private school in middle america. Many public schools in NYC can still be very rough. Most professionals are faced with the choice of having 1-2 hour commutes or living in the city and send their kids to private schools. When you do a job that entails you being in the office 50-80 hours/week the 1-2 hour commute isn't that much of a realistic option.

    Also, when I said no choice, wall street skills aren't completely transferrable to other disciplines. If you are a 20 year trader, it's not like you have many options if you decide you don't want to trade anymore.

    This post was edited by goterpss on 2/29/2012 at 8:23 PM

    goterpss ●

  • goterpss said...

    Also, when I said no choice, wall street skills aren't completely transferrable to other disciplines. If you are a 20 year trader, it's not like you have many options if you decide you don't want to trade anymore.

    20 year old with no job and lack of options? I got a perfect job for them...

    SERVING FUCKING TABLES.

    "I suffered through the Boller years and nearly a decade of offensive futility." -Bmorechil

    ccterp

  • ccterp said...

    20 year old with no job and lack of options? I got a perfect job for them...

    SERVING FUCKING TABLES.

    i was referring to someone with 20 years of experience in the business, not an actual 20 year old. I want to meet the guy who gives a 20 year old capital to trade.

    goterpss ●

  • goterpss said...

    If you are a 20 year trader, it's not like you have many options if you decide you don't want to trade anymore.

    n/m. I misunderstood you too.

    This post was edited by UMTerp on 2/29/2012 at 8:43 PM

    UMTerp ●

  • If traders don't want to decide between private schools or 1-2 hour commutes maybe they should move to middle america.

    jsh ●

  • jsh said...

    If traders don't want to decide between private schools or 1-2 hour commutes maybe they should move to middle america.

    again, your 46 years old, you've spent your career as a sell side fixed income trader. What job in middle america would you do?

    goterpss ●

  • goterpss said...

    again, your 46 years old, you've spent your career as a sell side fixed income trader. What job in middle america would you do?

    Anyone can dig a ditch.

    bkmalik

  • goterpss said...

    i was referring to someone with 20 years of experience in the business, not an actual 20 year old. I want to meet the guy who gives a 20 year old capital to trade.

    I misunderstood. My bad, yo.

    But still...let the old dude wait tables, too.

    "I suffered through the Boller years and nearly a decade of offensive futility." -Bmorechil

    ccterp

  • ccterp said...

    I misunderstood. My bad, yo.

    But still...let the old dude wait tables, too.

    sommelier

    Overlord NJT

  • goterpss said...

    I'm certainly no expert on public schooling in NYC, but I think we can all agree it's not exactly the same discussion in public vs. private school in middle america. Many public schools in NYC can still be very rough. Most professionals are faced with the choice of having 1-2 hour commutes or living in the city and send their kids to private schools. When you do a job that entails you being in the office 50-80 hours/week the 1-2 hour commute isn't that much of a realistic option.

    Also, when I said no choice, wall street skills aren't completely transferrable to other disciplines. If you are a 20 year trader, it's not like you have many options if you decide you don't want to trade anymore.

    As someone who works 50-80 hours a week, I certainly appreciate the concerns about not wanting a 1-2 hour commute in that situation. But that's still a personal choice that is being made. You're not going to get much sympathy from anyone about a person who has to commute an hour or two to be in the top 1% of wage-earners.

    This post was edited by terps99 on 2/29/2012 at 8:57 PM

    terps99

  • Overlord NJT said...

    sommelier

    Maitre d'

    "I suffered through the Boller years and nearly a decade of offensive futility." -Bmorechil

    ccterp

  • terps99 said...

    Some more fair points, but it's a matter of perspective. As someone who works 50-80 hours a week, I certainly appreciate the concerns about not wanting a 1-2 hour commute. But that's still a personal choice that is being made. You're not going to get much sympathy from anyone about a person who has to commute an hour or two to make $200,000 - $2,000,000.

    it's not really. you go to school and pick a career path based on what you think will be something and then shit happens and you aren't happy. These guys don't have law degrees or some other easily transferable skillset, as the guy says in the article they are "stuck."

    FYI, I've known plenty of big law guys in their mid 40's realize that their careers are either stay in big law and work 60-80 hours week to make $1- 2 mil as a partner or 225K in house. Not a lot of in between. 225K puts the family in a bind in a big city, that's life.

    goterpss ●

  • Overlord NJT said...

    sommelier

    You misspelled Sammy seller.

    attachment

    SATerp

  • goterpss said...

    it's not really. you go to school and pick a career path based on what you think will be something and then shit happens and you aren't happy. These guys don't have law degrees or some other easily transferable skillset, as the guy says in the article they are "stuck."

    FYI, I've known plenty of big law guys in their mid 40's realize that their careers are either stay in big law and work 60-80 hours week to make $1- 2 mil as a partner or 225K in house. Not a lot of in between. 225K puts the family in a bind in a big city, that's life.

    Fair points. But that last part is where people will get stuck. For people trying to get by on a lot less, it's tough to relate to "225K puts the family in a bind in a big city, that's life." Their life is worlds apart.

    terps99

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