{"id":69938,"date":"2019-07-03T00:04:45","date_gmt":"2019-07-03T04:04:45","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=69938"},"modified":"2019-07-02T23:39:50","modified_gmt":"2019-07-03T03:39:50","slug":"they-dont-pay-traders-like-they-used-to","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/07\/2019\/they-dont-pay-traders-like-they-used-to.html","title":{"rendered":"They Don\u2019t Pay Traders Like They Used To"},"content":{"rendered":"<p>\n(Bloomberg)  Different times, man: Varadhan interviewed with a pair of senior Goldman executives including Tom Montag (now Bank of America\u2019s 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. \u201cIt was a mind-boggling sum for an associate,\u201d said Michael Karp, a veteran recruiter who was involved in the process.  \u201cBut he was the right man for the job.\u201d<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2019-07-01\/they-don-t-pay-traders-like-they-used-to?srnd=premium-middle-east\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Different times, man: Varadhan interviewed with a pair of senior Goldman executives including Tom Montag (now Bank of America\u2019s No. 2 man) over a ham sandwich, and spoke with then-CEO Jon Corzine. With the newfangled market for derivatives about [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-69938","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/69938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=69938"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/69938\/revisions"}],"predecessor-version":[{"id":69939,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/69938\/revisions\/69939"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=69938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=69938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=69938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}