Word: analysts
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Dates: during 1980-1989
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While investment banking firms insist that neither their financial analyst nor recruiting programs have changed as a result of the crash, the career no longer looks as appealing as it once did. Chernick says that she has suggested to students "because of the unusual situation this year and the obvious economic uncertainty, that it is a very good idea to have back-up plans and other options as alternatives to investment banking...
...Before I started, I thought that investment banking was God's all--that this was it," says one disillusioned first-year analyst who asked not be identified. "But the hours are just not sane, my social life is totally shot and I don't even have the consolation of enjoying my job because now [following the crash] I'm just doing busy work...
...Another analyst, who asked not to be named, says, "I now feel like a source of cheap labor. I cannot stand it [this job]. It's like getting beaten up every...
Before the crash, working 100 hours a week was a fair trade-off for gaining invaluable education in the investment banking field. But opinions have changed now, as analyst programs have lost educational value and left more drudge work to trainees...
...three-year project, which will result in case studies about intelligence use in American foreign policy, also allows CIA analyst Bill Kline to spend time at the Kennedy School helping in research work...