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by rchi
5752 days ago
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What's interesting is that stories like this have been around for decades but never deterred young ivy league grads from joining Goldman when the industry is popular. Now so many people is quick to criticize the finance industry. Although it's true that the bailout was a great crime, I don't see how lobbyists, pharmaceutical executives and advertisers are much better. These guys get paid millions too...at least Goldman doesn't screw with people's mind. |
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If you look, I'm sure you can find stories about how any possible profession or industry sucks to work in. And most of those other professions and industries don't pay $500K+.
With a PhD in physics I could have just as easily gone into quant-land as academia. And while academia is great, it has its own set of sucky problems. Is it really worth the 400+ thousand dollars a year I'm effectively "paying" in order to work there instead of GS? It's a helluva luxury good.