Babson Alum Outted As Author of GSElevator

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We learn about what initially drew him to Wall Street, why he left after a decade and what he’s up to now with a variety of startups. I think John’s path is a great reminder of some of the dangers young finance professionals face. The temptations, the drugs and the potential erosion of character in the chase for money is still something that is very much alive.

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‘Goldman Sachs Elevator’ Tweeter on Dating in Banking

Here are the 77 rules for being a man, according to Goldman Sachs elevator gossip — so take note and also with a grain of salt. No selfies. Aspire to experience photo-worthy moments in the company of a beautiful woman. Cracked iPhone screen. Michael Kors bag.

Apr 6, – Twitter actually can be good for something beyond revealing which of your friends needs to get out more. Case in point: Goldman Sachs Elevator.

GSElevator , the Twitter account that claims to relay overheard conversations from inside the Goldman Sachs elevators, has had surprising longevity for an anonymous parody handle. The book is being represented by Byrd Leavell, the literary agent who launched the career of fratire king Tucker Max. I have had a distinguished and well-documented career in the world of Fixed Income. I have worked with sovereign nations, AAA corporations, American and European blue chips, Korean bureaucrats, Indonesian billionaire thugs, and Chinese tycoons.

I have sold to pension funds, asset managers, hedge funds, bank prop desks, and high net-worth individuals. The Handover : The outgoing Hong Kong hedge-fund sales guy has one week overlap to show me the ropes. Our first meeting, to introduce me to one of his best clients, involves karaoke, cocaine, and prostitutes. I take this sensitive Colonial-legacy issue head-on by inviting the entire China team out for a Friday night of their choice — dinner and karaoke.

As with most nonfiction book proposals, the pitch for Straight to Hell is also a marketing document. My appeal and fan base ranges from fraternity houses and business schools to Financial Times readers and even ardent Occupy Movement supporters.

The Goldman Sachs Elevator Is Shopping a Book Proposal

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The Goldman Sachs Elevator guide to dressing like a gentleman

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For about three years, investment cognoscenti have been deviled by snarky comments on Twitter purporting to come from inside the elevator at Goldman Sachs, the investment banking firm that has long been a paragon of capitalism. The disdainful, pointed comments often portrayed the modern economic elite as wildly out of touch and full of contempt for the masses.

He even lives in Texas and not Manhattan. It should come as no surprise that someone could hide his identity by using social media such as Twitter. Nor are hoaxes unique to the Web, just ask any newspaper editor who looked at a news release and sent a cub reporter to cover an outlandish event such as the opening of a school for beggars or weighed the merits of another purported secret diary of Adolf Hitler.

The difference between old-style hoaxes and practical jokes and the new electronic version is just how easy it is to be successful at it. No one is better at keeping the riffraff out. The Twitter account, which attracted about , followers — not exactly Justin Bieber status, but far from shabby — was a pastiche of Wall Street gossip, scatological comments and just plain trash talk about the rich. It was popular for its insight, but also for its alleged birth inside an elevator en route to the halls of capitalism.

It offered a glimpse of the rich in a rare moment of honesty. It was billed as what the philosopher Jurgen Habermas called an undistorted communication, one in which the speaker is sincere and not trying to deceive the listener. Sure, it was a hoax or a practical joke, but that is not likely to distract from its acceptance. Who among us would turn away from the emperor, even after the little boy shouts the man is naked?

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A Babson College alum has been outted as the imaginative and often outrageous writer of the infamous Twitter account, GSElevator. The New York Times yesterday Feb. More than , people follow the Twitter feed.

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A few weeks ago, I explained why I feel that, despite increased regulatory scrutiny and a less obvious path to personal fortune, Wall Street is still a great place to begin a career. Now for the hard part — one of the questions I get asked most frequently — how do I get a job on Wall Street? So here are a few tips for getting a job on Wall Street:. In my experience , banks hire a disproportionate number of relatives of tycoons, captains of industry, and government officials with the expectation that it pays dividends in the form of business from their influential families.

But even the average rich kids have a leg up. And they can lean on family brokers or wealth advisors to pull some strings or at least send a CV above the computer algorithms that screen tens of thousands of job applications and directly into the hands of a decision maker. Thanks, Mom and Dad. Before my junior year, I had already done prestigious internships in tech New York City and finance London.

Start early by mirroring the profiles of friends or recent graduates you know who have matriculated to an investment bank. Study and emulate their LinkedIn page, even down to the verbiage they use to describe interests and experiences.

Goldman Sachs’ big problem with Twitter

And: 1: “Getting laid off from Goldman is like being traded by the Yankees. You’ll probably still make millions, but it’s just not the same. Since it went live on 11 August this year it fired off tweets, enough to collect a salivating 26, followers. If anything it’s a good laugh.

Xx Before Alex ‘Son of Malcolm’ Turnbull left the monied halls of Goldman Sachs this month – as his dad did many moons ago – to start his own.

By James Nye. It claimed to anonymously expose the boorish and insensitive comments made by Goldman Sachs employees overheard in the firm’s elevators. Indeed, so popular and damning was the GSElevator Gossip Twitter account that an internal inquiry was set up to discover the name of the indiscreet employee who also found himself bagging a six-figure book deal based on the tweets.

But now, the identity of this rogue trader has been revealed to be year-old former bond executive, John Lefevre, who not only lives in Texas, but has never even worked for Goldman Sachs – much to their relief. Outed after almost three years of off-color tweets purporting to expose Wall Street culture, such as ‘I never give money to homeless people. Claiming he was ‘surprised it has taken this long’, Lefevre, who graduated prestigious Babson College in , said that he started the Twitter account ‘as a joke to entertain’ himself.

Former Trader Details Seedy World of Banking in Asia

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