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how did Stella get her job in the world of banking?


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Old 12-12-2010, 21:32
soulmate61
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I work in Investment Banking and have doen for many years and it is extremely common for someone to start at the absolute bottom as a junior and then rise through the ranks to senior management or trader by sheer hard work.

I know plenty of people in my world on 6 figure salaries who left school with a handful of GCSEs, started as inputters or trainees and are now doing very, very well indeed.

As I have already said and so have others, The City is a very good place for rewarding hard work and determination rather than looking just at paper qualifications.
Surprised.

It is not the case then, that persons within the bank with proven trading track records are overtaken by Oxbridge grads arriving with maths degrees and highfalutin arbitrage ideas and esoteric formulae? Ideas which led to the collapse.
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Old 13-12-2010, 23:42
Tercet2
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It has been explained fully.

I work in Investment Banking and have doen for many years and it is extremely common for someone to start at the absolute bottom as a junior and then rise through the ranks to senior management or trader by sheer hard work.

I know plenty of people in my world on 6 figure salaries who left school with a handful of GCSEs, started as inputters or trainees and are now doing very, very well indeed.

As I have already said and so have others, The City is a very good place for rewarding hard work and determination rather than looking just at paper qualifications.
If I remember rightly, a couple of people who claimed to know her posted comments in the Daily Mail (?) when the names were announced. Both said that she started as a PA (or that was her second banking job) and was currently the manager of a trading floor at one of the Japanese banks. Not the trading/investment that the BBC first listed, but the one who provides the reports and other statistics for higher bosses and heads up the admin, etc. So not some risk taking whizz, but rather someone who works hard and efficently, and earns good references as they move up the ladder.
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Old 14-12-2010, 02:03
MARTYM8
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Just watched the final contestants show and it went on about how Stella left school with virtually no quals at 15 but then got a job in the world of corporate banking!

eh? come off it...

anyone know what really happened?
No wonder the banking system collapsed with trillions in losses - Stella was the cause!
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Old 14-12-2010, 03:03
ea91
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It surprised me that on the sausages task Stella needed a calculator to work out how much meat was required to make 500 sausages, or the cost, or whatever it was.

500 x 2 grams = 1 kilo.

I've never seen Nigella or Gordon Ramsey using a calculator.

I just concluded that Stella is not as competent at mental arithmetic as the average cook.
Oh yeah, because risking losing the whole task by not being bothered to get a calculator out is a much better idea.
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