£70k starting salary!!

If you wanted to get into that debate though, I'd ask: who do you blame for a wrecked house, the kids or the adults who vied to provide them with the cheap extra-strength cider they couldn't handle before running away?

70k is pretty much standard in IB (the guys get hourly mcdonalds wage though), perhaps edging top of the range for s&t

70k is pretty much standard in IB (the guys get hourly mcdonalds wage though), perhaps edging top of the range for s&t

I hated the bailouts. I would have been absolutely minted like crazy if they didn't happen.

I think the basic gist of this thread is...

Mahoosive salaries are available to UCL/LSE/Oxbridge graduates

BUT

Be prepared to sign your life and soul away to the job...

If there were no bailouts, how many of your counterparties would have paid up?

All two of them.

Top of the range trading is going to be double that. Don't be silly.

Even if you were trading with central banks, pretty sure your employer would have either made losses so deep they couldn't pay you a bonus or realized the financial system was ****ed and that there was no way you would ever be able to trade the same again and not paid you your bonus.

You can't seriously be saying you would have made more money without the "bailouts"

Irritable Bowel, I believe.

Oh who went and negged this post? It had 50 pos reps and 0 neg reps and you went and ruined it you stingy beggar.

http://www.independent.co.uk/news/uk/crime/pound100000-starting-salary-as-us-firms-lure-legal-talent-706611.html

definitely possible but not in his situation.

capitalism is a discrace

Poor spelling is worse.

no grammar nazis like yourself can solve world spelling problems but making money without any produce or benefit to society is a far more complex problem