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Banker Turned Author Nina Godiwalla Explains How A Team Dinner Turned Into A "Mike Tyson-Style" Ear Crime Scene
Nina Godiwalla had a wild couple of years on Wall Street. She started off interning for JP Morgan, got great recommendations from her superiors, and then got a job as a first year analyst on the Capital Markets at Morgan Stanley.
She started off wide-eyed, driven, and nothing but ambitious and optimistic. Soon, she was earning more money than she knew what to do with, too busy and stressed to spend it, and dreaming about what else the world had to offer her, and vice-versa.
The great thing about working for an investment bank is that they bring a bunch of bright, talented, and well-rounded people together. But there's a down-side, and Godiwalla wrote a book about both: Suits: A Woman On Wall Street.
It's a funny, quick read about what your first year as an investment bank analyst is really like.
We've heard some crazy stories before (the guy who was found passed out in a closet with a nosebleed, some guy on the JPMorgan trading floor yelling "wh*re" every day, the guy who went nuts and trashed someone's cubicle), but none are quite like hers.
When Nina Godiwalla arrived for her first day on Wall Street (she worked at MorganStanley), she was unaware that the thing that would shock her most would be the callous way bankers treat people.
The saddest happened when she found out that a colleague had been found dead in her apartment. She describes what happened in the Wall Street Journal:
Once, when we learned from a newspaper article that our colleague was mysteriously found dead in her apartment, several senior managers crowded in a conference room with fiery faces. It wasn’t the death that had upset them. It turns out the same newspaper article revealed another co-worker’s salary. They were furious about finding out they were getting paid less.
But they were nothing like the stories some of her colleagues told her. She gave a couple examples to the Wall Street Journal:
The Man Who Plowed Into A Group Of Bikers Is A Brazilian Central Banker, And He's Charged With Attempted Murder
She started off wide-eyed, driven, and nothing but ambitious and optimistic. Soon, she was earning more money than she knew what to do with, too busy and stressed to spend it, and dreaming about what else the world had to offer her, and vice-versa.
The great thing about working for an investment bank is that they bring a bunch of bright, talented, and well-rounded people together. But there's a down-side, and Godiwalla wrote a book about both: Suits: A Woman On Wall Street.
It's a funny, quick read about what your first year as an investment bank analyst is really like.
We've heard some crazy stories before (the guy who was found passed out in a closet with a nosebleed, some guy on the JPMorgan trading floor yelling "wh*re" every day, the guy who went nuts and trashed someone's cubicle), but none are quite like hers.
When Nina Godiwalla arrived for her first day on Wall Street (she worked at MorganStanley), she was unaware that the thing that would shock her most would be the callous way bankers treat people.
The saddest happened when she found out that a colleague had been found dead in her apartment. She describes what happened in the Wall Street Journal:
Once, when we learned from a newspaper article that our colleague was mysteriously found dead in her apartment, several senior managers crowded in a conference room with fiery faces. It wasn’t the death that had upset them. It turns out the same newspaper article revealed another co-worker’s salary. They were furious about finding out they were getting paid less.
But they were nothing like the stories some of her colleagues told her. She gave a couple examples to the Wall Street Journal:
- During an argument at a team dinner, a senior officer leaned over as if to whisper something in his junior colleagues’ ear and then, according to a witness, took a bite out of it, “Mike Tyson style.”
- A head banker, with a $50 million-plus three-year package was featured in the New York Post for giving an STD to a stripper.
- Associates at Morgan Stanley earned trophies, or "deal toys," whenever they completed a deal, like say on an airplane company merger. The financiers treasured them; they were displayed them in trophy cases or at least in prominent positions on their desks.
So when one associate awoke one morning to find all of his airplane deal toys broken, he was devastated.
Apparently everyone assumed it was just a "barbaric" copy center worker.
But at the time, Godiwalla heard through firm gossip that a rival associate had broken the toys. Word got around because he bragged about cutting the wings off and taking out the small pilot and breaking off his head. - A colleague of Godiwalla's, "Natalia" set out one night to expense the most money possible at dinner. She'd just been told that the rest of her group males) were golfing for their analyst going-away event and that instead, she could go to a spa and splurge on an expensive dinner.
She chose the Four Seasons Restaurant in New York City and told the waiter to bring their best. She ordered champagne, every dessert, and tons of food. They finished barely anything.
Godiwalla estimates she wasted enough expensed food in a night to feed a family of six for a week. - Nine months into his first year, "Scott" started seeing a psychiatrist because he was so stressed and depressed.
He pulled Godiwalla aside one day at work and told her that he was miserable, he hadn't slept in weeks, and he was hopeless. He said sometimes his superiors didn't let him out of work when he had an appointment with his psychiatrist.
Godiwalla was shocked at his appearance - oily hair, dry crusty lips, nose hairs sticking out.
He was one of many to medicate their stress and worries away with pharmaceuticals.
http://www.businessinsider.com/first...#ixzz1Ff9OO0Ms
The Man Who Plowed Into A Group Of Bikers Is A Brazilian Central Banker, And He's Charged With Attempted Murder
More news has come out about the man who plowed his car into a group of bikers last Friday in Porto Alegre.
It turns out that the driver, 47-year old Richard Neis, works at the Brazilian central bank, and he's since been placed under psychiactric care.
According to Zero Hora, the police found Neis' car abandoned near downtown Porto Alegre early Saturday morning.
In his defense, Neis' lawyer says the bikers had been harassing the banker and his 15-year old son, but a biker witness says that he heard Neis say, "But I'm in a hurry," to someone in the group, moments before hitting the gas and running over 8 cyclists.
The bikers were later hospitalized and then released.
Neis is charged with attempted murder, according to Zero Hora.
It turns out that the driver, 47-year old Richard Neis, works at the Brazilian central bank, and he's since been placed under psychiactric care.
According to Zero Hora, the police found Neis' car abandoned near downtown Porto Alegre early Saturday morning.
In his defense, Neis' lawyer says the bikers had been harassing the banker and his 15-year old son, but a biker witness says that he heard Neis say, "But I'm in a hurry," to someone in the group, moments before hitting the gas and running over 8 cyclists.
The bikers were later hospitalized and then released.
Neis is charged with attempted murder, according to Zero Hora.
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