News In Brief

Junior bankers feel disappointed with their jobs, pay

Bob Moon Aug 26, 2011

A final note. I was reading about a young investment banker a while back, complaining that he works such long hours with so little time off, his hourly pay rate works out to less than he could make at McDonald’s.

And now comes a survey from the headhunting firm Capstone, showing growing disenchantment among junior bankers. Seems 67 percent aren’t happy with their pay and are looking to leave investment banking.

Now this is only a hunch, but I’m just guessing there are some other unhappy Americans who might be wishing those bankers did have enough time off to get out and see Gordon Gekko in last year’s “Wall Street” movie sequel.

Gordon Gekko: Oh hey, stay positive, pal. Don’t whine when it hurts. It’s like the first grade, Jerry — nobody likes a crybaby.

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