Banker on Students Vying for Internships: “They’re Done”

Remember how students were gearing up for i-banking internship interviews this time last year? Well, an Ivy grad banker working at a bulge bracket firm thinks they may as well start studying for the LSATs. Below, an exclusive interview with this still-employed financial services professional:

IvyGate: What's going to happen to students applying for internships this year?

Banker: They're done. They need to say goodbye to their Wall Street dreams. It's not going to happen.

IvyGate: What do you think they should do instead?

Banker: I don't know. They've gotta figure that out.

After the jump, this anonymous banker tells us what he thinks of Obama's dream team and why the recession is about to get worse. Read the rest of this entry »