The Daily Telegraph reports that the interns were then required to attend a further meeting at 5am the next day if there were not enough attendees, according to a leaked copy of the book by Greg Smith, whose original leaked resignation letter lambasted the bank. They were also humiliated if they get their boss’s lunch order wrong.
In the meantime, The Wall Street Journal reports that star research analyst Meredith Whitney had a pop at Citigroup Tuesday, describing the firm as 'the incredible shrinking bank', and the least interesting of the big four (U.S. banks).
She said: 'No CEO will be able to changes these facts in the near term'.
Finally, Stamford Advocate reports that a plan to transform a gritty, industrial stretch of South End waterfront into a glassy headquarters for the world's largest hedge fund came into sharper focus this week, following submission of zoning applications from developer Building and Land Technology.
In addition to a five-story, 850,000-square-foot office, the campus for Bridgewater Associates calls for a helipad, a floating recreational barge, a restored estuary and a marina.