Stand With The Wall Street Protesters

[russianrocket]

Originally Posted by Criseyde

"We're organizing in communities around New York State -- but we don't hire people to Occupy Wall Street. Then again, if you believe the laughable conspiracy theories from Glenn Beck or Rush Limbaugh, this is probably the wrong job for you anyway."

Yeah, they don't hire people to Occupy Wall Street. They just hire people to rally people to Occupy Wall Street.

[Reefs]

Originally Posted by russianrocket

yeah, they don't hire people to occupy wall street. They just hire people to rally people to occupy wall street.

"you must be an energetic communicator, with a passion for social and economic justice.

Only outgoing, articulate dedicated, determined candidates will be considered for the positions."

[Criseyde]

Originally Posted by russianrocket

Yeah, they don't hire people to Occupy Wall Street. They just hire people to rally people to Occupy Wall Street.

You know what I think is funny? First, you were criticizing the protesters for not having any organization. Now, you're criticizing the people who are trying to organize them.

[russianrocket]

Originally Posted by Criseyde

You know what I think is funny? First, you were criticizing the protesters for not having any organization. Now, you're criticizing the people who are trying to organize them.

I think it's more that people are trying to take a movement and use it to their advantage. I criticized them for being out there, with out actually having a true idea of why they are out there. That still stands. But at the same time, I think that some organization coming in, and high jacking a movement for their own ideals, is also bad. But then again, I'd criticize them if they became organized while continuing to tout the same message of anti capitalism.

In other words, they can't really win with me

[Beingist]

Originally Posted by russianrocket

In other words, they can't really win with me

You made a point some time ago, rr, that stuck with me--regarding those who protest for socialism, without really understanding the consequences of socialism, as they haven't lived under it.

Ultimately, that's why I'm still critical of the movement--it's simply too far left for me, and so I can't trust it.

Not to say I'm a Tea Partier--they don't seem to quite have a grasp of reality, either.

[russianrocket]

Originally Posted by Beingist

You made a point some time ago, rr, that stuck with me--regarding those who protest for socialism, without really understanding the consequences of socialism, as they haven't lived under it.

Ultimately, that's why I'm still critical of the movement--it's simply too far left for me, and so I can't trust it.

Not to say I'm a Tea Partier--they don't seem to quite have a grasp of reality, either.

I can't agree with the Tea Party either. But, I do feel that they have a firmer grasp of what needs to be done, and are going about it in a much better fashion.

As far as the point I made before. This will hit it home.
Breitbart.tv » Former Soviet Citizen Confronts Socialists At #OccupyWallStreet

Also, since Obama started his campaign, I think it's split up this nation, more then it's ever been. Friends and family became enemies to each other based on some silly idea of different political parties. I've seen a lot of my friends in a completely different light.

This occupy wall street thing is going to push people apart even more .

[Beingist]

Originally Posted by russianrocket

This occupy wall street thing is going to push people apart even more .

Which is precisely what the Powers-that-be want--divide and conquer.

[russianrocket]

EXCLUSIVE: ACORN Playing Behind Scenes Role In 'Occupy' Movement | Fox News

[Reefs]

Originally Posted by Beingist

Which is precisely what the Powers-that-be want--divide and conquer.

It's to create an illusion of change, that something is moving. It's Hollywood, paid protesters, lots of news reports, lots of stuff to talk about others want you to talk about.

[Peterw]

.......and they've made it to Canary Wharf. A bunch of people probably no older than 21-22, never worked, never paid any taxes. Some guy on a microphone talking utter crap whilst the others are heckling people on their way to work..

Why don't they go home, come up with an idea to start a business and maybe one of these nice banks might even help them get it off the ground.

[Peterw]

Just got emialed this by accident. It's an email doing the rounds in Wall St financial institutions:

FT Alphaville ‘We are wall Street…we are smarter and more vicious than [dinosaurs]‘

[Acting Like Godot]

Originally Posted by Peterw

Just got emialed this by accident. It's an email doing the rounds in Wall St financial institutions:

FT Alphaville ‘We are wall Street…we are smarter and more vicious than [dinosaurs]‘

It's not new, you know. I probably saw it sometime in 2009.

[Peterw]

Originally Posted by Acting Like Godot

It's not new, you know. I probably saw it sometime in 2009.

The Occupy wall St movement was around in 2009?

[Acting Like Godot]

It wasn't written with Occupy Wall Street in mind.

And your own link (the one that quotes the article) is dated sometime in April 2010, more than a year ago.

[WarrenG]

Originally Posted by russianrocket

As far as the point I made before. This will hit it home.
Breitbart.tv » Former Soviet Citizen Confronts Socialists At #OccupyWallStreet

Oh my God the guy on the right stole Trey Parker's voice!!!

[Peterw]

Originally Posted by Acting Like Godot

It wasn't written with Occupy Wall Street in mind.

And your own link (the one that quotes the article) is dated sometime in April 2010, more than a year ago.

OK you win - well done

[MariconesUnited]

Originally Posted by Peterw

Just got emialed this by accident. It's an email doing the rounds in Wall St financial institutions:

FT Alphaville ‘We are wall Street…we are smarter and more vicious than [dinosaurs]‘

Pure condensed arrogance. I like this part especially.

We eat what we kill, and when the only thing left to eat is on your dinner plates, we’ll eat that.

No you don't. This guy is trying to act all tough. Behind an anonymous e-mail. Impressive.

Beyond that, looking at the big picture...There's a widening gulf between the left and the right. It's scary when you think about it. Beyond all this ideological attachment, we're all human beings. I don't know how we're going to get along as a society in the short-term future, and most don't even seem to ask themselves the question. Troubling.

[Acting Like Godot]

It's a little hyped up, of course, but there's more than a grain of truth in it.

Let me put it this way. For many years, the investment banks were making big money. They were also known (and are still known) for paying their employees very well. Getting into a top investment bank was therefore a highly competitive process.

The other point to note is that the internal culture of investment banks is also very dog-eat-dog and competitive. Many investment banks have a culture of regularly culling their weak performers. My bank, for instance, has a policy of eliminating the bottom 10% of its employees every year (this happens even in the good years, and has nothing to do with tough economic climates etc). No compassion. It's quite ruthless.

So what does this lead to? Basically, many people who works in an investment bank and actually manage to survive there for more than 4 or 5 years would have a profile something like this:

-- graduated near the top of his class, in a top university;
-- very ambitious
-- smart
-- rather greedy
-- streetwise
-- very competitive
-- highly opportunistic

So yeah, if you put them in any other kind of work environment, there's a good chance that many of them will squeeze, jostle, punch, wheedle or bulldoze their way into the top ranks.

Here's another way to put it. People who are nice, docile, obedient, friendly, average, sweet, gentle and pleasant generally do not gravitate to investment banks. They won't fit in very well. It's a bad culture fit.

Working in an investment bank - well, let me give you an example. Last year, I had to attend a course. It was supposed to train me to manage others. Anyway, one component of the course was entitled "How to Coach the Alpha Male" - based on psychology research from Harvard.

Now, you have to ask yourself - why on earth would a general in-house management course at a bank pick a topic like that? The reason is very simple.

Investment banks have a disproportionately large % of such individuals (male INTJs and ENTJs - who are characteristically "alpha males" - not always, but very often). Aggressive, ambitious, intelligent males with strong personalities. There are so many of such people that the bank sees fit to specially train managers (like me) to manage that sort of people.

INTJs and ENTJs are a rather small proportion of the general population, but they are much more common in investment banks.

[JSB]

Originally Posted by Acting Like Godot

Basically, many people who works in an investment bank and actually manage to survive there for more than 4 or 5 years would have a profile something like this:

-- graduated near the top of his class, in a top university;
-- very ambitious
-- smart
-- rather greedy
-- streetwise
-- very competitive
-- highly opportunistic

ALG, you are successful in this industry, and you certainly come across as smart and very ambitious, but I don't sense the same ruthless, amoral streak in you that I see in many investment bankers. You seem to "buy into" your role in the industry only inasmuch as it provides you with a good living to support your family and keeps you intellectually stimulated, and your true satisfaction seems to come from studying your mind and exploring the nature of reality.

How many other successful people in the industry don't fit the stereotypical mold?

[Reefs]

Originally Posted by JSB

ALG, you are successful in this industry, and you certainly come across as smart and very ambitious, but I don't sense the same ruthless, amoral streak in you that I see in many investment bankers. You seem to "buy into" your role in the industry only inasmuch as it provides you with a good living to support your family and keeps you intellectually stimulated, and your true satisfaction seems to come from studying your mind and exploring the nature of reality.

ALG is a lawyer, not an investment banker. I guess his daily work is rather laid back in comparison to his alpha friends. And when he gets too bored he starts manifestation logs.

How many other successful people in the industry don't fit the stereotypical mold?

I guess the billionaires and trillionaires. And not to mention the quadrillionaires.

[Acting Like Godot]

Originally Posted by JSB

How many other successful people in the industry don't fit the stereotypical mold?

Normally the more easygoing ones make a few million dollars, then quietly retire early into obscurity, to pursue their personal hobbies.

I knew one chap who used to do CDOs. He has retired now. He's into ACIM, Zen Buddhism, raw fruits, green vegetables and the history of mysterious ancient civilisations like the Mayans.

He would have been much loved, on these Pavlina forums.

[Acting Like Godot]

I just manifested a fried chicken wing.

I was just thinking that unlike my vegetarian friend, I would hate to be just eating raw fruits and vegetables every day. And that actually I would like to eat some MEAT now.

Then a secretary walked in and gave me a fried chicken wing.

[Peterw]

Originally Posted by Acting Like Godot

It's a little hyped up, of course, but there's more than a grain of truth in it.

Let me put it this way. For many years, the investment banks were making big money. They were also known (and are still known) for paying their employees very well. Getting into a top investment bank was therefore a highly competitive process.

The other point to note is that the internal culture of investment banks is also very dog-eat-dog and competitive. Many investment banks have a culture of regularly culling their weak performers. My bank, for instance, has a policy of eliminating the bottom 10% of its employees every year (this happens even in the good years, and has nothing to do with tough economic climates etc). No compassion. It's quite ruthless.

So what does this lead to? Basically, many people who works in an investment bank and actually manage to survive there for more than 4 or 5 years would have a profile something like this:

-- graduated near the top of his class, in a top university;
-- very ambitious
-- smart
-- rather greedy
-- streetwise
-- very competitive
-- highly opportunistic

So yeah, if you put them in any other kind of work environment, there's a good chance that many of them will squeeze, jostle, punch, wheedle or bulldoze their way into the top ranks.

Here's another way to put it. People who are nice, docile, obedient, friendly, average, sweet, gentle and pleasant generally do not gravitate to investment banks. They won't fit in very well. It's a bad culture fit.

Working in an investment bank - well, let me give you an example. Last year, I had to attend a course. It was supposed to train me to manage others. Anyway, one component of the course was entitled "How to Coach the Alpha Male" - based on psychology research from Harvard.

Now, you have to ask yourself - why on earth would a general in-house management course at a bank pick a topic like that? The reason is very simple.

Investment banks have a disproportionately large % of such individuals (male INTJs and ENTJs - who are characteristically "alpha males" - not always, but very often). Aggressive, ambitious, intelligent males with strong personalities. There are so many of such people that the bank sees fit to specially train managers (like me) to manage that sort of people.

INTJs and ENTJs are a rather small proportion of the general population, but they are much more common in investment banks.

There are so many alpha males and females it's unreal This is my first contract in IB and it did take me several months to acclimatise to the atmosphere and culture. What gets me is that they are all so fast paced and stressed out and stuck up but seem so unhappy.

For people who supposedly have everything there is something missing. They spend their whole lives sprinting on a treadmill constantly trying to find ways to get wherever it is faster. Shame they don't actually know where it is they are trying to get to. Every time I hold the door open for someone and they waltz through and scowl at me it's not a happy scowl.

[Acting Like Godot]

Originally Posted by Peterw

Every time I hold the door open for someone and they waltz through and scowl at me it's not a happy scowl.

Read MariconesUnited's quote.

As they walk through the door, they are wondering if you are edible prey.

[Peterw]

Originally Posted by Acting Like Godot

Read MariconesUnited's quote.

As they walk through the door, they are wondering if you are edible prey.

One of my favourites is walking back from the canteen at a leisurely pace while one of them is behind me sighing and tutting because they have to walk at my pace and are in too much of a hurry to get back to their desk.

It's probably wrong for me to get enjoyment from that but I don't really care

[Peterw]

Got another guy who sits on the bank of tables behind me, he's absolutely nothing to do with my project or me or my team or anthing IT related. However every time he gets up and walks past he stops, has a sharp intake of breath and a long stare at my screen. It's not just me he does it to either, most of the guys on my team that sit on the bak of desks I'm on.

I can just tell that he really really wants to be in a position to 'manage' us but he isn't so he has to somehow try and establish some form of authority over us and this is how he does it.

Now when he does it and I'm on a forum or doing something non work related (the project is winding down now) I keep whatever page I'm looking at up so he can have a good look and have a little melt down in his head at the fact that he can't say anything to me about it.

I enjoy this as well - is that wrong?

[Orecle]

Originally Posted by Acting Like Godot

Normally the more easygoing ones make a few million dollars, then quietly retire early into obscurity, to pursue their personal hobbies.

I knew one chap who used to do CDOs. He has retired now. He's into ACIM, Zen Buddhism, raw fruits, green vegetables and the history of mysterious ancient civilisations like the Mayans.

He would have been much loved, on these Pavlina forums.

Just to add and subtract from what ALG has said. Investment banks also recruit the brightest and best from the top universitys. Besides being smart they require you to work long hours. let me repeat very long hours.

I have a younger cousin who went to a university in Cambridge ( not the world class Cambridge university). My cousin was part of the ACS ( Afro Caribbean society). Now because there are few (30) black kids in the actual top world class cambridge uni, the ACS ♥in his uni ( the crap Cambridge uni) and the excellent cambridge uni ( trinity college) have linked up.♥

He said a number of unique things.♥
1. These kids are insanely bright and can work very long hours. Plus the world ♥lass cambridge uni doesnt allow their students to have part time jobs. This is necessary since the work load is ridiculous
2. Poor social skills, very shy. (except when full of alcohol)


Big bad investment banks.♥
My cousin graduated last year after completing 3 yrs. in the first year, of the 30 he knew in the good Cambridge, only 4 wanted to go into banking. Then the banks held an open day!!!!!!
♥Absolutely all 30 are going into banking including one that swore she was a socialist

When my cousin asked what they said to convince her. She said as follows
1. Gap year in Japan in a bank paying 45k in pounds per year, free accommodation.♥
2. Guaranteed all of them will be millionaires by 30 - 35. She originally wanted to be a teacher.♥The recruiter said to her "look you are 20 and exceptionally bright. Get into banking for 10 yrs and have 2 - 5 million in the bank, house paid offand several investments. Retire when you want
Or♥
"Go into teaching and then be going on marches when you are 60 to get the government to give you a few extra pennies in your pension. Also expect to own at most one property if that and retire with at most 20k after 40 plus years of service.
But a brain like yours will be a terrible thing to waste."

She choose banking.!

She swears to get out by 35 tops, and go into teaching or civil service to change government policy on education, but who knows???

The bad bit
The recruiter told them upon employment.♥
1. Weakest 5% out every year regardless of performance
2. No social life.♥
First 12 wk ♥= 6am - 6pm, if you are chosen after that 6am/8am - 11pm 6 days a week. No exceptions. He stressed that it is not a 9 - 5. You will work very hard for your bonus. Stress, alcohol and drug addiction rate is super high, divorce super high....., but these guys work their asses off. Most of us on this forum cannot concentrate 15 - 18 hrs straight with only coffee like they do. Day in, day out.

They provide ♥just for the employees in office flats, doctors, Zumba, opticians, top restaurants, dry cleaners everything an individual will need. but most burn out between 10 - 15 yrs then enter something much slower like teaching. But then they are not been kept in it by money like alot of teachers here in England are

Another cousin got a first in Oxford university (the Oxford university). Even though in her first at Harvard law school has already been offered a job at 175k. Been told to expect ridiculously unsociable work hours.♥

Even weirder is that students are dating based on who they perceive their partner to be in the future. What I mean is a guy introduced himself to my cousin as a future senator. He didn't mean it like a dream. He meant it as a forgone conclusion already promised through the high position of his parents and their alumni. ♥( these kids are mid twenties or so) even the professors are confirming the political futures of kids who have never worked but whose parents are already rich and powerful. So masses of Harvard law females are not choosing on looks or personality, but on future status of 15- 20 yrs in the future.♥

This is why the elite stay the elite. They play twenty moves in front and know how to rear and nurture talent

[Acting Like Godot]

Now you understand that post a bit better, MariconesUnited?

I don't know where you work or what you do for a living. But imagine that you get a few new colleagues who happen to be retrenched ex-investment bankers.

These are people who graduated from Harvard, Cambridge, Oxford, at or near the top of the class; they are willing to have no social life; they are ready to work 70 hours a week; very ambitious; very competitive etc etc.

Assuming that you are an "average joe", do you see now why that blogger said that these people will eat you up, flatten you in competition; and leave you trailing in their dust?

The only reason why they haven't been doing that to "average joes" so far, is that they don't hang out in the same places where "average joes" hang out. Instead they hang out in places where they can aim to make millions of dollars (i.e in investment banks) - and that's not where "average joes" hang out.

If however they are forced out of their investment banks, and they have to land up in an "average joe" environment instead ....... well, I feel sorry for the "average joes". The average joes will be .... EATEN ALIVE.

(Metaphorically).

[Reefs]

Originally Posted by Peterw

Got another guy who sits on the bank of tables behind me, he's absolutely nothing to do with my project or me or my team or anthing IT related. However every time he gets up and walks past he stops, has a sharp intake of breath and a long stare at my screen. It's not just me he does it to either, most of the guys on my team that sit on the bak of desks I'm on.

I can just tell that he really really wants to be in a position to 'manage' us but he isn't so he has to somehow try and establish some form of authority over us and this is how he does it.

Now when he does it and I'm on a forum or doing something non work related (the project is winding down now) I keep whatever page I'm looking at up so he can have a good look and have a little melt down in his head at the fact that he can't say anything to me about it.

I enjoy this as well - is that wrong?

You evil little man!

[Reefs]

Originally Posted by Orecle

Just to add and subtract from what ALG has said. Investment banks also recruit the brightest and best from the top universitys. Besides being smart they require you to work long hours. let me repeat very long hours.

I have a younger cousin who went to a university in Cambridge ( not the world class Cambridge university). My cousin was part of the ACS ( Afro Caribbean society). Now because there are few (30) black kids in the actual top world class cambridge uni, the ACS ♥in his uni ( the crap Cambridge uni) and the excellent cambridge uni ( trinity college) have linked up.♥

He said a number of unique things.♥
1. These kids are insanely bright and can work very long hours. Plus the world ♥lass cambridge uni doesnt allow their students to have part time jobs. This is necessary since the work load is ridiculous
2. Poor social skills, very shy. (except when full of alcohol)


Big bad investment banks.♥
My cousin graduated last year after completing 3 yrs. in the first year, of the 30 he knew in the good Cambridge, only 4 wanted to go into banking. Then the banks held an open day!!!!!!
♥Absolutely all 30 are going into banking including one that swore she was a socialist

When my cousin asked what they said to convince her. She said as follows
1. Gap year in Japan in a bank paying 45k in pounds per year, free accommodation.♥
2. Guaranteed all of them will be millionaires by 30 - 35. She originally wanted to be a teacher.♥The recruiter said to her "look you are 20 and exceptionally bright. Get into banking for 10 yrs and have 2 - 5 million in the bank, house paid offand several investments. Retire when you want
Or♥
"Go into teaching and then be going on marches when you are 60 to get the government to give you a few extra pennies in your pension. Also expect to own at most one property if that and retire with at most 20k after 40 plus years of service.
But a brain like yours will be a terrible thing to waste."

She choose banking.!

She swears to get out by 35 tops, and go into teaching or civil service to change government policy on education, but who knows???

The bad bit
The recruiter told them upon employment.♥
1. Weakest 5% out every year regardless of performance
2. No social life.♥
First 12 wk ♥= 6am - 6pm, if you are chosen after that 6am/8am - 11pm 6 days a week. No exceptions. He stressed that it is not a 9 - 5. You will work very hard for your bonus. Stress, alcohol and drug addiction rate is super high, divorce super high....., but these guys work their asses off. Most of us on this forum cannot concentrate 15 - 18 hrs straight with only coffee like they do. Day in, day out.

They provide ♥just for the employees in office flats, doctors, Zumba, opticians, top restaurants, dry cleaners everything an individual will need. but most burn out between 10 - 15 yrs then enter something much slower like teaching. But then they are not been kept in it by money like alot of teachers here in England are

Another cousin got a first in Oxford university (the Oxford university). Even though in her first at Harvard law school has already been offered a job at 175k. Been told to expect ridiculously unsociable work hours.♥

Even weirder is that students are dating based on who they perceive their partner to be in the future. What I mean is a guy introduced himself to my cousin as a future senator. He didn't mean it like a dream. He meant it as a forgone conclusion already promised through the high position of his parents and their alumni. ♥( these kids are mid twenties or so) even the professors are confirming the political futures of kids who have never worked but whose parents are already rich and powerful. So masses of Harvard law females are not choosing on looks or personality, but on future status of 15- 20 yrs in the future.♥

This is why the elite stay the elite. They play twenty moves in front and know how to rear and nurture talent

Looks like they are in need of a LOA class. Maybe ALG can help out...