Prince of Wall Street
The Prince of Wall Street is a regularly updated finance blog featuring original finance news, gossip, trades, and commentary. The commentary predominately focuses on M&A, private equity, hedge funds, and investment banking. Prince of Wall Street also provides some recurring features such as "Wall Street King", "Featured Trade", "Wall Street Book Review", and "Featured Finance Blogger".
Now some basic personal information about The Prince. I am a senior at a prestigious college awaiting the start of my first full-time job as an investment banking analyst at a prestigious bulge bracket bank. I did three summer analyst stints at a prestigious bulge-bracket investment bank (Goldman or Morgan Stanley, two firms disclosed to preserve anonymity but also be show off a little) and I signed on to work full-time in the Financial Sponsors Group. He also worked in prime brokerage sales for two summers, and therefore, has what he considers to be a reasonable grasp of hedge fund industry dynamics. It is fitting that The Prince would study Philosophy and Economics as an undergraduate. The Prince also spent a term at University College in Oxford (god save the queen, and The Prince).
This blog was started when The Prince realized that he spent way too much time reading finance blogs and newspapers. He hopes to also share some of the humor that goes along with working in banking and give some perspective to prospective investment bankers on what life is really like as an analyst. Even if my readers decide my commentary and analysis are wrong, I hope they at least find it thought provoking. That is all my loyal subjects.
Prince of Wall Street's Latest Articles
- Why Investment Banks Should Not Buy Hedge Funds
- BofA May Renegotiate CFC Purchase
-
Xenophobia: Lawmakers, CalPERS & Private Equity
on May 05, 2008
-
UBS Paying the Price for 'Balance Sheet Banking'
on Apr 24, 2008 about UBS
-
Sponsors Have Edge in Clear Channel Fight
on Apr 23, 2008 about CCU
-
Bank of England's Move: Finally, Addressing Confidence
on Apr 21, 2008
-
Goldman: Better Risk Process or Just Better Outcome?
on Apr 16, 2008 about GS
- Why the Private Equity Investment Style Drift?
- Paulson's Plan: Can Wall Street's Appetite For Leverage Stomach Regulation?
- New Rules on Leverage Would Hit Goldman More Than Its Peers
-
M&A: Taking a Closer Look at the Adverse Effect Escape Clause
on Apr 06, 2008
-
Book Review: 'Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley'
on Apr 05, 2008 about MS
-
A Xenophobic Threat to CalPERS and Private Equity
on Apr 03, 2008 about BX
-
Lehman's Preferred Offering Is a Sign of Weakness
on Apr 01, 2008 about LEH
-
Book Review: The Accidental Investment Banker
on Mar 29, 2008
- In the Wake of Bear: I-Bank Regulation Now in Fed's Hands
- Investment Bank Regulation: Beware the Dawn of This New Era
- HELOCs and the Latest Pressure on U.S. Consumers
- AAA Bonds That Fail the Investment Grade Test
-
The Wrong Incentives Killed CDOs, But CLOs Will Live On
on Mar 12, 2008
- Arbitrage Opportunities with Oil ETFs
- Private Equity: Down, But Not Out
- Are FICO Credit Scores Still Relevant to Mortgage Originators?
- Why Don't Munis Form a Self-Insured Co-op?
- Why CEOs Shy Away From Buying in a Bear Market
- More Trouble Ahead for Private Equity Deals
-
Why Countrywide Is Cutting Ad Spending
on Feb 24, 2008 about CFC
- Top 20 Private Equity Funds
- Turning a Costly Blind Eye to Mortgage Speculators
- Credit Suisse Rolls Over Troubled UBS
- For Ratings Firms, Holding AAA Sacrosanct is Foolish
- Bond Insurers, Not Fed, Driving Market
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