instant interview? the hell?

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10/13 on that quiz, but to be fair the three I got wrong were about US politics. I'm Canadian so I get a pass.

( Said Republicans controlled house / senate, Didn't know who Sonia Sotomayor was, said the elephant was for democrats, lol)
 
These tables from that Pew survey should generate some discussion from poli-GAF...


What the Public Knows - In Words and Pictures

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what the fuck is goldman sachs?

You'll fit right in at Sears

That was actually one of the questions on the Sears interview.


"The Occupy Wall Street has rallied against multinational investment firms such as Goldman Sachs. What are your thoughts towards the Occupy Wall Street movement?

a) Occupy Wall Street is right in calling attention to the financial imbalances supported by the 1%. Action is needed by the American people in order to cause reform.

b) Financial and banking services are not to blame with the current problems in our economy; Instead, it is the government's responsibility to manage our economy effectively.

c) What the fuck is a Goldman Sachs?"​
 
Her appointment was pretty controversial at the time and she was getting a decent amount of press. Only reason she should be in people's minds recently.

In the US. I had no idea who she was. I only got wrong the 4 questions about American politics, which I know very little about.
 
That was actually one of the questions on the Sears interview.


"The Occupy Wall Street has rallied against multinational investment firms such as Goldman Sachs. What are your thoughts towards the Occupy Wall Street movement?

a) Occupy Wall Street is right in calling attention to the financial imbalances supported by the 1%. Action is needed by the American people in order to cause reform.

b) Financial and banking services are not to blame with the current problems in our economy; Instead, it is the government's responsibility to manage our economy effectively.

c) What the fuck is a Goldman Sachs?"​

I lol'd....


Also:


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Damn I'm dumb only 7/13 and I only knew Goldman sachs is a bank of sorts and has been involved in this wall street stuff recently but I am from England.

Also to be fair to the lad that Wikipedia description of them is quite confusing.

I laughed heartily at carpentering though
 
This happened to me a few months ago for this knife company. Instantly registered an appointment for me. Did some research and figured it out it a scam and I'd have to mandatorily spend 150 bucks on knives.

So it was fine when they asked you for $150 until you read on the internet that it was a scam?

Well, I guess that's why these kinds of companies are still around.
 
I know it's wrong, but it is taking every fiber of my being to resist correlating* OP's anime avatar with his gleeful ignorance. 21 years old? Yikes.

*to correlate means to have a connection with or be related to something
 
Seems funny to me that people got this sense of intellectual superiority just by knowing the name of the firm. Whether they know what it does is somehow completely irrelevant.

It is more about knowing what is going on in your country and why we are in the economical situation that we are in broad strokes than knowing exactly all the details.
 
It is more about knowing what is going on in your country and why we are in the economical situation that we are in broad strokes than knowing exactly all the details.

But what difference does it really make if he just knew the name of firm?

Devil's in the details and all that.
 
Seems funny to me that people got this sense of intellectual superiority just by knowing the name of the firm. Whether they know what it does is somehow completely irrelevant.
Yeah. Like when people use the term 'bulge-bracket' instead of just saying largest.

I'm sorry dude, but not knowing every intricacy of how an investment bank works is orders of magnitude less ridiculous than not knowing what one is in the first place. I might not know how the Large Hadron Collider works, but at least I know what the fuck it is.

Odds on the OP knowing what the LHC is, even after googling it?
 
Are they large-scale bookies that bet themselves, often on games they fix? That's my general impression as a layman.

Proprietary trading is only a part of its business. Banking, Investment Management, and Client Services are all outside of the "trading" activities and present a majority of the company's revenues.


Yeah. Like when people use the term 'bulge-bracket' instead of just saying largest.

I'm sorry dude, but not knowing every intricacy of how an investment bank works is orders of magnitude less ridiculous than not knowing what one is in the first place. I might not know how the Large Hadron Collider works, but at least I know what the fuck it is.

Odds on the OP knowing what the LHC is?


The guys making fun of the OP should just get off of their intellectual high horses. There's always something out there for people to learn, and people need to start somewhere.

And the term Bulge-bracket points to nine specific firms that perform the full range of investment banking services. It's a much much more precise description.
 
Yeah. Like when people use the term 'bulge-bracket' instead of just saying largest.

I'm sorry dude, but not knowing every intricacy of how an investment bank works is orders of magnitude less ridiculous than not knowing what one is in the first place. I might not know how the Large Hadron Collider works, but at least I know what the fuck it is.

Odds on the OP knowing what the LHC is, even after googling it?

Ignoring the first statement, I fully agree with you. I don't expect everyone to know everything, and neither should anyone on GAF, what they should expect is the slightest awareness of the world.

In this case though it's not only the fact that the OP didn't know about about one of the most often mentioned companies in the world, which is from his home country, its also the fact that despite googling he still didn't know.
 
Next time somebody tells me to google something I'm gonna tell that person to get off their fucking high horse/go home and get their shine box.

Hold on a second, I gotta take a puff of my pipe here and gather up my best sherlock holmes voice for this next one-
<ahem>
Now, let's say the OP did have absolutely no idea what a Goldman Sachs was. Let's also say the OP looked it up online and then his brain, I don't know, became unable to read briefly for some unknown reason.

Ok, so let's assume those two things are true. If somebody told me, after talking about a Sears interview that not to worry about it, it's Sears not Goldman Sachs. I STILL think, with a morsel of problem solving skills, anyone could AT LEAST figure out what it is the sentence is trying to communicate. It's a comparison of opposites. They would be able to conclude that it's a business of some sort for elite, educated individuals where there's a chance that the hiring procedure is rather rigid. The opposite of Sears. So, even if the OP had some aneurysm, the question "what the hell is a goldman sachs" is still baffling because the obvious point the poster made was clearly not received.

It's not about awareness of the world, it's about reading skills and problem solving.

In other words,
Mr. Green with the candlestick in the library.
I bid you all good day.
 
And the term Bulge-bracket points to nine specific firms that perform the full range of investment banking services. It's a much much more precise description.
Right, but you used the term "Bulge-bracket" specifically to flex your intellectual superiority in front of those who you are deriding for doing the same.

Ignoring the first statement, I fully agree with you. I don't expect everyone to know everything, and neither should anyone on GAF, what they should expect is the slightest awareness of the world.

In this case though it's not only the fact that the OP didn't know about about one of the most often mentioned companies in the world, which is from his home country, its also the fact that despite googling he still didn't know.
Exactly. A 21 year old who doesn't know what Goldman Sachs is raises an eyebrow, but is not some unforgivable sin. When this same person says he "looked it up", and that looking up process involves nothing more than ASKING SIRI, we are dangerously close to dealing with someone who has gone full retard.

Frankly I think GAF has gone quite lenient on the kid when taking this into consideration.
 
The guys making fun of the OP should just get off of their intellectual high horses. There's always something out there for people to learn, and people need to start somewhere.

And the term Bulge-bracket points to nine specific firms that perform the full range of investment banking services. It's a much much more precise description.

But no one is on a high horse. Everyone is just baffled as to how a 21 year old college student doesn't know what Goldman Sachs is considering what they did to the economy which has permeated the news cycle ever since the meltdown in 2008. Most of us here do not know the intricacies of the investment bank and we don't expect him to, but we do expect him to have a modicum of awareness for current events.
 
But no one is on a high horse. Everyone is just baffled as to how a 21 year old college student doesn't know what Goldman Sachs is considering what they did to the economy which has permeated the news cycle ever since the meltdown in 2008. Most of us here do not know the intricacies of the investment bank and we don't expect him to, but we do expect him to have a modicum of awareness for current events.

Exactly.
 
Next time somebody tells me to google something I'm gonna tell that person to get off their fucking high horse/go home and get their shine box.

Hold on a second, I gotta take a puff of my pipe here and gather up my best sherlock holmes voice for this next one-
<ahem>
Now, let's say the OP did have absolutely no idea what a Goldman Sachs was. Let's also say the OP looked it up online and then his brain, I don't know, became unable to read briefly for some unknown reason.

Ok, so let's assume those two things are true. If somebody told me, after talking about a Sears interview that not to worry about it, it's Sears not Goldman Sachs. I STILL think, with a morsel of problem solving skills, anyone could AT LEAST figure out what it is the sentence is trying to communicate. It's a comparison of opposites. They would be able to conclude that it's a business of some sort for elite, educated individuals where there's a chance that the hiring procedure is rather rigid. The opposite of Sears. So, even if the OP had some aneurysm, the question "what the hell is a goldman sachs" is still baffling because the obvious point the poster made was clearly not received.

It's not about awareness of the world, it's about reading skills and problem solving.

In other words,
Mr. Green with the candlestick in the library.
I bid you all good day.

I like this guy.
 
You guys sure took a long time finally saying what this goldman sacks was.

Now, I know it's a bunch of investing bank douches. What do I win with this knowledge? A reacharound for my initiation?
 
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