Discussion Materials: Tales of a Rookie Wall Street Investment Banker:

by Bill Keenan

Overview

"Why aren't you using LTM EBITDA for credit metrics?" asked the managing director who sat across from me, his widow's peak clearly visible as he inspected the sheet in front of him. His spacious office looked out onto New York Harbor.

"Bust," said the vice president, who was a slightly younger, douchier version of Widow's Peak. He slashed his red ballpoint pen across the sheet and flipped to the next page.

"Walk me through the debt paydown and your interest rate assumptions," continued the VP.

"Pretty dovish view. Maybe the Fed knows what they're doing after all," said Widow's Peak. He shot a glance at the VP. They shared a chuckle-at what, I couldn't tell you.

This question about interest rates I knew: Dovish, I thought. Doves fly south for the winter, so dovish is downwards...low interest rates-
"We're running short on time," said Widow's Peak. He flipped to the cover page of my presentation. "One final point-all pitch decks should have the same title."

"Since this presentation was geared towards an LBO analysis I was thinking-"

"No thinking. All decks-same title-Discussion Materials."

Product Details

ISBN-13:	9781637589663
Publisher:	Post Hill Press
Publication date:	10/17/2022
Pages:	320
Product dimensions:	5.50(w) x 8.25(h) x 0.67(d)

About the Author

Bill Keenan played hockey at Harvard University from 2005 to 2008 and professionally in Europe from 2009 to 2012. After completing his MBA at Columbia Business School, he worked for two years in Deutsche Bank's investment banking division. He currently serves as COO of Graydon Carter's Air Mail.