Incontrovertible proof that investment banking is no longer a sexy career

Thanks jjj.

ponterotto,

Perhaps IB is pointless if after 8 years (since the last recession) someone is worse off. The new wave took people to great new heights although most of them crushed at the end of the ride.

You see, IB never has the long-term perspective in sights. A good management consultant will look into years of business sustainability.

And overall, the global economy in long-term can only grow at a certain rate, highly influenced by demographics and advances in technology. Pure financial innovation never spurred growth - au contraire.

Regards.

There is a nice little video that summarises the conflict between Investment Banking and Consulting and it's done in the style of musical theatre:

http://www.youtube.com/watc...

This is about to go down like Bear Stearns - genius line.

JoeBudden - great but the net worth generated by pointless management consultants is lower than the worst investment banker. it's a pointless job

time for ya'll peeps to step into management consulting, that's wassup in the 21st century, banking is old news caused by poor central banking! welcome to the new world order!! time for a change, no more easy money, time to work for money, bucks is broke right now, truth is coming in! I'm proud of credit crunch it is a correction in the economy we should embrace the future, entrepreneurship is the new i-banking