ibanking
ibanking is investment banking - you make pitchbooks for companies..basically try to sell companies. Its an intense job.
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I-banking
Short for investment banking, an industry devoted to squeezing money out of transactions, famous for paying a metric shitload, being filled with douchebags, and doing absolutely nothing for the benefit of society. It is amazing that anyone actually ends up in this industry, as you have to be very smart to get such a job, but very stupid to take it.
Common characteristics are:
1) 80-100+ hour weeks, rarely even a weekend day off. Although it pays a lot in absolute terms, if you consider it on a per-hour basis (including overtime pay), it's not too far above minimum wage.
2) Meaningless, tedious, mind-numbing work.
3) A constant false sense of urgency on all projects.
4) Bonuses almost as big and sometimes bigger than base salaries, that is if you survive until bonus time.
5) Ranking everyone in the firm on the scale {Analyst, Associate, Vice President, Director/Executive Director, Managing Director, and so on}, often even HR, secretaries, and sanitation workers. Contradictorily, an "Analyst" in HR doesn't analyze anything, and a "Vice President" really isn't very important or high up at all.
6) Consistently recruits top college graduates into voluntary sweatshop-like slave labor camps called "Analyst programs."
Common characteristics are:
1) 80-100+ hour weeks, rarely even a weekend day off. Although it pays a lot in absolute terms, if you consider it on a per-hour basis (including overtime pay), it's not too far above minimum wage.
2) Meaningless, tedious, mind-numbing work.
3) A constant false sense of urgency on all projects.
4) Bonuses almost as big and sometimes bigger than base salaries, that is if you survive until bonus time.
5) Ranking everyone in the firm on the scale {Analyst, Associate, Vice President, Director/Executive Director, Managing Director, and so on}, often even HR, secretaries, and sanitation workers. Contradictorily, an "Analyst" in HR doesn't analyze anything, and a "Vice President" really isn't very important or high up at all.
6) Consistently recruits top college graduates into voluntary sweatshop-like slave labor camps called "Analyst programs."
Vice President #1: "SHIT!!! I'm going to have to spend all weekend getting this investor request done!!!"
Vice President #2: "Calm down man, it's not due back to them til the end of next week!"
VP #1: "NO, it needs to be done NOW!!! Where are all those analysts we hired? One of them can do the mindless bitch work."
VP #2: "Um, one committed suicide, two ended up in the mental ward, and another drowned in the huge pool of bullshit."
VP #1: "DAMN IT!!! We need to hire a new one. How about that janitor analyst Joe?"
VP #2: "Um...I guess so..."
VP #1: "Hey Joe, do you want a job as a corporate finance I-banking analyst here at Goldman Sachs? We'll pay you $60,000 base and you'll probably get $60,000 more in bonus. All we need from you is to give up every waking hour of your life, your health, and your soul."
Joe: "No thanks, I'd rather unclog toilets. Besides, I already make $8 an hour - I don't want to take a pay cut."
VP #1: "OH SHIT!!! WE'RE SO SCREWED!!! This needs to get done NOW!!!"
VP #2: "Whatever man, just make Nick D do it."
Vice President #2: "Calm down man, it's not due back to them til the end of next week!"
VP #1: "NO, it needs to be done NOW!!! Where are all those analysts we hired? One of them can do the mindless bitch work."
VP #2: "Um, one committed suicide, two ended up in the mental ward, and another drowned in the huge pool of bullshit."
VP #1: "DAMN IT!!! We need to hire a new one. How about that janitor analyst Joe?"
VP #2: "Um...I guess so..."
VP #1: "Hey Joe, do you want a job as a corporate finance I-banking analyst here at Goldman Sachs? We'll pay you $60,000 base and you'll probably get $60,000 more in bonus. All we need from you is to give up every waking hour of your life, your health, and your soul."
Joe: "No thanks, I'd rather unclog toilets. Besides, I already make $8 an hour - I don't want to take a pay cut."
VP #1: "OH SHIT!!! WE'RE SO SCREWED!!! This needs to get done NOW!!!"
VP #2: "Whatever man, just make Nick D do it."
I-banking by Nicholas D May 7, 2007
ivanking
This is a new term used to describe global warming. I created it in the hopes that President Trump might take notice of it and the problem of global warming.
ivanking by Ingbritfur September 6, 2017
Hair spider
A tight, tangled knot of loose hair and lint that forms inside clothing during the clothes dryer cycle. It typically hides inside garments, causing an annoying lump or a phantom tickling sensation against the skin until it is found or falls out onto the floor during folding.
Hair spider by Kmorsels July 15, 2026
Word of the Day on July 16, 2026
bullshot
n. A screenshot fabricated by a company to misrepresent the graphics of a game; a combination of the words bullshit and screenshot.
Originated from Penny Arcade, a popular gaming webcomic.
Originated from Penny Arcade, a popular gaming webcomic.
-Have you seen Madden 2006 for the Xbox 360? The graphics are gonna be awesome!
-Dude, the Madden 2006 images they showed at E3 were bullshots. It doesn't look nearly as good as they said.
-Dude, the Madden 2006 images they showed at E3 were bullshots. It doesn't look nearly as good as they said.
bullshot by Worker Unit #503,298,545 September 26, 2005
Word of the Day on July 15, 2026
Gayborhood
N. A neighborhood containing homes, clubs, bars, restaurants, and other places of business and entertainment that cater to homosexuals.
Gayborhood by Mia Shields January 6, 2006
Word of the Day on July 14, 2026
kenlet
A small piece of information. Derived from the word ken, used often in the scottish language and is synonymous with knowledge.