<t>I had a very similar experience with these guys... Talked a good story and were pretty well spoken. They refused to reveal the name of the prospective employer citing some bull about confidientiality which a lot of the spiv firms use as an excuse. In the end my curiosity (read: greed) got the bet...

<t>Thanks for all your input guys. Great to learn.The problem as alluded to above is that there are newcomers into the market everyday that I feel distort the market. With upto 12 dealers on every Callable Zero bidding and the sheer mercenary attitude of the buyers this makes for an extremely compet...

<t>Hi - Sorry for all these questions, thanks in advance. Some questions for the Rates Market pros here:Why did a lot of banks take a bath on this product in 2008/2009?I find a lot banks are reticent to quote for these USD callables nowadays. I hear comments like a lot banks are facing the same way ...

<t>Volatile is absolutely right - Think of the Issuer of the note (bond) as just a pass through vehicle for the structure - Although they are legally calling the note/bond, in reality in the background, the swap is being called by the swap provider - Hence the issuer can either: 1. Going forward, no...

Medium Term Notes are usually senior and unsecured but can also be issued as sub ordinated debt or in secured format. cheers

<t>QuoteOriginally posted by: DemyanThinking about Exhibit 2, when I was looking for my first City job back in 2007, the masters of leads-hustling were fine people of Selby Jennings - it's like they would lose their job if a call to candidate did not id a manager and/or a vacancy. (Let me upgrade th...

Yes they are pretty much commoditized products now...or at least were until the LEH blow-up.

<t>QuoteOriginally posted by: PaperCutIt's high time we had an actual financial panic in this country.In 1987, there was an honest-to-goodness panic for liquidity; people were selling any financial asset to raise cash.We need this kind of thing from time to time, to clean out the system. For example...

<t>QuoteOriginally posted by: traderdeluxeHi All. I was laid off at the end of 2008 after a little more than 2 years of trading at a big bank. .... I built the whole thing, and not only made it work but also made it profitable. So why were you let go? QuoteI know exactly what I want to do: dream, de...

It could look like:- Did you bring an umbrella with you ? - If not why not?Be prepared for the simple things. Not every interview is about technical models and all that other quanty stuff.

Try going to a bar with a female friend even a girlfriend, to find a date. Then go alone or with your boys as company. Pls report your results back to the group.

<t>At the end of the day, for whatever reason, right or wrong, they don't want you. Just sign it and get on with looking for another job. It's easier to find a job when you are already in one, rather than trying to be a martyr and resigning without a job in place. Are you a stagiaire by the way?All ...

<t>"30/360; Modified Following; Adjusted"When using the above convention, why is it adjusted and not unadjusted ? - Can someone please explain when I should use adj and when I should use unadj ? Even better would be a link to a site or a book where I can read about this fundamental principle that I ...

- All seems good now!