Sunday, March 14, 2010
REPO 105.09: RESUME CHOPPING
Get ready for this tidbit from today's FT:
"While most investment banks claim to have a “no-jerk” policy on hiring, at BarCap the policy is taken seriously from the top executive suites on down.
Senior rainmakers who have been readily snapped up by rivals have fallen victim to BarCap’s intensive “topgrading” recruitment process, which analyses candidates’ decision-making skills stretching back decades..." (Source: FT)
WB7: Apparently it stretches straight past this past decade of Lehman banker decadence.