3.0
Dec 29, 2013
Recommend
CEO approval
Business Outlook
Pros
If you produce they pay well. But that has changed with clawbacks so it's very similar to the bulge bracket firms.
Cons
Zero culture. When you take people from deceased firms - Bear, Leh, Mer, GCM - and throw them into an eat what you kill pool and no management from the top you get a toxic stew. People trying to steal accounts, not answering/backing up when off the desk. The one benefit was the monthly hard dollar payouts. That's now gone and clawbacks are in place so other than a place to park your feet there are better places out there.
