(Bloomberg) Different times, man: Varadhan interviewed with a pair of senior Goldman executives including Tom Montag (now Bank of America’s No. 2 man) over a ham sandwich, and spoke with then-CEO Jon Corzine. With the newfangled market for derivatives about to explode on Wall Street, the bank offered the 25-year-old more than $1 million in guaranteed pay when he joined in 1998. “It was a mind-boggling sum for an associate,” said Michael Karp, a veteran recruiter who was involved in the process. “But he was the right man for the job.”
They Don’t Pay Traders Like They Used To
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