it's who ya know or it's small world.

RACER X · 10-22-2009, 04:26 PM

http://dealbreaker.com/2009/10/jeffr...be-receivi.php

Jeffrey Chiang Will Be Receiving No New Offers Of Employment
Posted by Bess Levin, Oct 22, 2009, 9:33am
So! Firms are starting to hire again, which is very exciting to those of you trying to improve your situation. Perhaps it’s been a while since a lot have gone through this process, and you’re a little rusty on the Do’s and Dont’s. Which why starting today we’ll be offering little pearls of accumulated wisdom picked up in the field. Tip one: don’t lie about having received an offer from one firm while you’re interviewing with another. Tip one-A: if you’re going to lie about said fake offer, impersonate someone and forge a little evidence: easy on the typos. Spelling Bank of America without ‘c’ is going to be a red flag. Jeffrey Chiang knows what we’re talking about.

Chiang apparently interviewed at Bank of America, where he was asked if he had any offers from other firms. Jeffrey claimed that he was in his second round of interviews with Morgan Stanley. An associate at BofA then contacted his friend at Morgan about Jeffrey’s prospects. The Morgan guy said that contrary to popular belief, JC had only had a phone interview, at which time he claimed to have gotten a full-out offer from BofA. As proof, JC provided a fabricated email allegedly from a recruiting woman at Bank of America, who would probably be surprised to be informed she’d offered Chiang a job (and that she didn’t know how to spell “America”). The Morgan people forwarded the faux letter of employment back to the people at Bank of America who were doing recon and from there it was forwarded to the entire free world.

Obviously, the lies here are not good form but what’s most upsetting is the lack of effort. There wasn’t an ounce of creativity or dancing in this scam (though we did appreciate the demand to be put up at the Four Seasons). In fact, it’s downright boring, as scams go. It doesn’t come close to a Vayner move, and yet Mr. Chiang has been relegated to the same status as one of the greats. (A list of firms JC will likely not be getting offers from, as gleaned from the outrage expressed by their employees, can be found below). Apparently, though, we now live in a world of diminished expectations where you don’t even need a video or a claim to bench press 500 lbs to rile people up or swear they’ll never offer you a job. Going forward, you’ve been warned.

__________________________________________________ _____________

From: Jeffrey Chiang
To: [Morgan Stanley]
Subject: FW: Bank of America Merrill Lynch Interviews

From: [Fake Bank of America ML Recruiter]
To: Jeffrey Chiang
Subject RE: Bank of America Merrill Lynch Interviews

Hi Jeff,

Everyone was very impressed with your interviews today. We are excited
to formally extend to you an offer to join Bank of Ameria [sic]
Merrill Lynch as an analyst next summer. You should be getting
documentation in the mail to sign very shortly. If you have any
further questions please feel free to email me. Again, congratulations
and we look forward to having you join us next year.

——————————

From: [Morgan Stanley]
To: [Bank of America ML]
Subject: FW: Bank of America Merrill Lynch Interviews

This is what Jeffrey sent Morgan Stanley to prove he received an offer
from your firm. Given you told me you dinged him, should I assume this
is fake? If so, that’s unbelievable and his school should be notified,
he shouldn’t get a job anywhere on Wall Street.

——————————

From: [Bank of America ML]
To: [Lehman Brothers], [UBS]
Subject: FW: Jeffrey Chiang

I don’t know if this guy has come up on your radar screens in terms of
analyst recruits, but you need to be warned about him. I should have
been tipped off by the fact that he ran a “5k marathon” on his resume.
I just figured something got lost in translation.

I interviewed him on campus, and while he was pretty weird/intense, he
seemed like somebody who would crank and potentially make for a good
analyst, so we waved him in for an office visit.

Things started going bad for him when I got a call from our HR
department about him during our Superday. In making his travel
arrangements with our travel agent, he had apparently made a big stink
about needing to stay at the Four Seasons and blow up on the travel
person. It was apparently bad enough that she went to the trouble to
inform our HR department.

Our Superday reviews on him were pretty mixed, nonetheless. He had
spent a summer at Gulfstar, so I did a bit of checking on him there,
and it became clear that they were also very unimpressed with the way
that he carried himself. So, we dinged him, but that is not where the
story ends.

He had told one of the associates in our office that he was in the
second round of interviews for MS’s Palo Alto office. Well, our
associate happened to mention this to his friend that works in the MS
Palo Alto office and the associate at MS said that Jeff had had only
had a phone interview but had indicated that he had an offer from
BAML. When the MS team asked him to send proof of his offer, he
manufactured the email below and forwarded to the MS team.

We have notified UT of this joker’s behavior, but needless to say,
this guy shouldn’t be able to get a job at McDonalds after a stunt
like this.

__________________________________________________ ____

So far employees from the following firms have been read into the situation (i.e were forwarded the above); all but one were “shocked” by this “clown” who they believe should “blacklisted.” The exception was a representative of Jefferies, who said that JEF could use a guy like JC.

* Bank of America Merrill Lynch

* UBS

* Citi

* Goldman Sachs

* Morgan Stanley

* JPMorgan

* Credit Suisse

* Lazard

* Tiger Global

* Soros Fund Management

* Raymond James

* RBS Greenwich Capital

* Tudor Investment Corp

* Blackstone

* Calyon

* Blackrock

* CRT Capital Group

* BNP Paribas

* Perry Capital

* Oppenheimer & Co.

* ESL

* Citadel

* BarCap

* Deutsche Bank

* SMH Capital

* Neuberger Berman

* Bridgewater Associates

JChiang Resume [PDF]

Particle Man · 10-22-2009, 04:53 PM

oops

the chi · 10-22-2009, 07:21 PM

Wow, just wow.

askmrjesus · 10-22-2009, 07:32 PM

There can be only one JC.

JC

wildchild · 10-23-2009, 08:11 AM

Quote:

Originally Posted by askmrjesus

There can be only one JC.

JC

apparently only one with a job anyway

Rider · 10-23-2009, 08:26 AM

Antwanny · 10-23-2009, 06:10 PM

Quote:

Originally Posted by askmrjesus

There can be only one JC.

JC

Mortal Kombat!

askmrjesus · 10-23-2009, 06:37 PM

Quote:

Originally Posted by Antwanny

Mortal Kombat!

Immortal Kombat, actually.

JC

z06boy · 10-23-2009, 09:12 AM

Maybe there is a Brain Surgeon or Rocket Scientist position open for this person.

CasterTroy · 10-23-2009, 09:37 AM

This crap happens all too often. I’m surprised this particular case got as much press as it has, because it happens all the time

My wife is in HR at a consulting firm with guys like this attempting to shine her on all the time, trying to get a big paycheck job as a consultant where they don't have any of the background or experience (nor offers) they claim too. What they don't realize is HOW connected the consulting firms are at the level she's at. These companies (think Honda inc) may be big, but when you’re an independent consultant with as narrow a scope as her company focuses on, then everyone industry wide knows who you are and what you’ve done.

I love these stories though, and when she busts someone she does it with class, but it’s almost wicked the way she delivers the bad news to them

10-22-2009, 04:26 PM	#1
RACER X AMA Supersport Join Date: Nov 2008 Location: Richmond, Tx Moto: '10 Tuono Factory Posts: 4,569	it's who ya know or it's small world. http://dealbreaker.com/2009/10/jeffr...be-receivi.php Jeffrey Chiang Will Be Receiving No New Offers Of Employment Posted by Bess Levin, Oct 22, 2009, 9:33am So! Firms are starting to hire again, which is very exciting to those of you trying to improve your situation. Perhaps it’s been a while since a lot have gone through this process, and you’re a little rusty on the Do’s and Dont’s. Which why starting today we’ll be offering little pearls of accumulated wisdom picked up in the field. Tip one: don’t lie about having received an offer from one firm while you’re interviewing with another. Tip one-A: if you’re going to lie about said fake offer, impersonate someone and forge a little evidence: easy on the typos. Spelling Bank of America without ‘c’ is going to be a red flag. Jeffrey Chiang knows what we’re talking about. Chiang apparently interviewed at Bank of America, where he was asked if he had any offers from other firms. Jeffrey claimed that he was in his second round of interviews with Morgan Stanley. An associate at BofA then contacted his friend at Morgan about Jeffrey’s prospects. The Morgan guy said that contrary to popular belief, JC had only had a phone interview, at which time he claimed to have gotten a full-out offer from BofA. As proof, JC provided a fabricated email allegedly from a recruiting woman at Bank of America, who would probably be surprised to be informed she’d offered Chiang a job (and that she didn’t know how to spell “America”). The Morgan people forwarded the faux letter of employment back to the people at Bank of America who were doing recon and from there it was forwarded to the entire free world. Obviously, the lies here are not good form but what’s most upsetting is the lack of effort. There wasn’t an ounce of creativity or dancing in this scam (though we did appreciate the demand to be put up at the Four Seasons). In fact, it’s downright boring, as scams go. It doesn’t come close to a Vayner move, and yet Mr. Chiang has been relegated to the same status as one of the greats. (A list of firms JC will likely not be getting offers from, as gleaned from the outrage expressed by their employees, can be found below). Apparently, though, we now live in a world of diminished expectations where you don’t even need a video or a claim to bench press 500 lbs to rile people up or swear they’ll never offer you a job. Going forward, you’ve been warned. __________________________________________________ _____________ From: Jeffrey Chiang To: [Morgan Stanley] Subject: FW: Bank of America Merrill Lynch Interviews From: [Fake Bank of America ML Recruiter] To: Jeffrey Chiang Subject RE: Bank of America Merrill Lynch Interviews Hi Jeff, Everyone was very impressed with your interviews today. We are excited to formally extend to you an offer to join Bank of Ameria [sic] Merrill Lynch as an analyst next summer. You should be getting documentation in the mail to sign very shortly. If you have any further questions please feel free to email me. Again, congratulations and we look forward to having you join us next year. —————————— From: [Morgan Stanley] To: [Bank of America ML] Subject: FW: Bank of America Merrill Lynch Interviews This is what Jeffrey sent Morgan Stanley to prove he received an offer from your firm. Given you told me you dinged him, should I assume this is fake? If so, that’s unbelievable and his school should be notified, he shouldn’t get a job anywhere on Wall Street. —————————— From: [Bank of America ML] To: [Lehman Brothers], [UBS] Subject: FW: Jeffrey Chiang I don’t know if this guy has come up on your radar screens in terms of analyst recruits, but you need to be warned about him. I should have been tipped off by the fact that he ran a “5k marathon” on his resume. I just figured something got lost in translation. I interviewed him on campus, and while he was pretty weird/intense, he seemed like somebody who would crank and potentially make for a good analyst, so we waved him in for an office visit. Things started going bad for him when I got a call from our HR department about him during our Superday. In making his travel arrangements with our travel agent, he had apparently made a big stink about needing to stay at the Four Seasons and blow up on the travel person. It was apparently bad enough that she went to the trouble to inform our HR department. Our Superday reviews on him were pretty mixed, nonetheless. He had spent a summer at Gulfstar, so I did a bit of checking on him there, and it became clear that they were also very unimpressed with the way that he carried himself. So, we dinged him, but that is not where the story ends. He had told one of the associates in our office that he was in the second round of interviews for MS’s Palo Alto office. Well, our associate happened to mention this to his friend that works in the MS Palo Alto office and the associate at MS said that Jeff had had only had a phone interview but had indicated that he had an offer from BAML. When the MS team asked him to send proof of his offer, he manufactured the email below and forwarded to the MS team. We have notified UT of this joker’s behavior, but needless to say, this guy shouldn’t be able to get a job at McDonalds after a stunt like this. __________________________________________________ ____ So far employees from the following firms have been read into the situation (i.e were forwarded the above); all but one were “shocked” by this “clown” who they believe should “blacklisted.” The exception was a representative of Jefferies, who said that JEF could use a guy like JC. * Bank of America Merrill Lynch * UBS * Citi * Goldman Sachs * Morgan Stanley * JPMorgan * Credit Suisse * Lazard * Tiger Global * Soros Fund Management * Raymond James * RBS Greenwich Capital * Tudor Investment Corp * Blackstone * Calyon * Blackrock * CRT Capital Group * BNP Paribas * Perry Capital * Oppenheimer & Co. * ESL * Citadel * BarCap * Deutsche Bank * SMH Capital * Neuberger Berman * Bridgewater Associates JChiang Resume [PDF] __________________ ΜΟΛΩΝ ΛΑΒΕ 2014 GROM! 181cc of FURY 2010 Aprilia Tuono Factory - SOLD 2009 SFV Gladius - SOLD 2008 Hayabusa - SOLD.

10-22-2009, 04:53 PM	#2
Particle Man Custom User Title Join Date: Nov 2008 Location: Central NY Moto: 2003 SV650S Posts: 14,959	oops __________________ I'm not "fat." I'm "Enlarged to show texture." Handle every stressful situation like a DOG: If you can't eat it or hump it, pi$$ on it & walk away.

10-22-2009, 07:32 PM	#4
askmrjesus Soul Man Join Date: Nov 2008 Location: Everywhere, all the time. Moto: '0000 Custom Turbo Cross (with jet kit). Posts: 6,481	There can be only one JC. JC __________________ The way things are going, they're gonna crucify me.

10-23-2009, 09:37 AM	#10
CasterTroy ................ Join Date: Nov 2008 Location: NC Posts: 3,028	This crap happens all too often. I’m surprised this particular case got as much press as it has, because it happens all the time My wife is in HR at a consulting firm with guys like this attempting to shine her on all the time, trying to get a big paycheck job as a consultant where they don't have any of the background or experience (nor offers) they claim too. What they don't realize is HOW connected the consulting firms are at the level she's at. These companies (think Honda inc) may be big, but when you’re an independent consultant with as narrow a scope as her company focuses on, then everyone industry wide knows who you are and what you’ve done. I love these stories though, and when she busts someone she does it with class, but it’s almost wicked the way she delivers the bad news to them __________________ “Being tolerant does not mean that I share another one’s belief. But it does mean that I acknowledge another one’s right to believe, and obey, his own conscience.” Viktor Frankl

10-23-2009, 08:26 AM	#6
Rider Moto GP Star Join Date: Feb 2008 Posts: 12,156

10-23-2009, 09:12 AM	#9
z06boy Letzroll Join Date: Feb 2008 Location: Lake Norman area, NC Moto: 07 Red R1 & 07 Blue R6 Posts: 5,265	Maybe there is a Brain Surgeon or Rocket Scientist position open for this person.