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Breaking Story: UT-Austin student pwned for Wall St.

http://dealbreaker.com/2009/10/jeffrey-chiang-will-be-receiv...
Violent Fighting Fanboi
  10/22/09
...
Violent Fighting Fanboi
  10/22/09
if you were an asian kid at ut austin, surrounded by hot whi...
up-to-no-good brunch windowlicker
  10/22/09
UNC asians seem to do fine. I know an asian guy there, old H...
Violent Fighting Fanboi
  10/22/09
wtf, why?
Sooty Stubborn Menage Water Buffalo
  10/22/09
HEY!
Opaque mind-boggling athletic conference lodge
  10/22/09
Things started going bad for him when I got a call from our ...
Passionate Drab Rigpig Gaping
  10/22/09
5K marathon? I'm not even a runner and that doesn't sound li...
Histrionic Cyan Locus
  10/22/09
It is also rumored that he lied about that as well as his Go...
Violent Fighting Fanboi
  10/22/09
very alpha
Beady-eyed poppy piazza
  10/22/09
Is there some way to easily tell if the text of a forwarded ...
Opaque mind-boggling athletic conference lodge
  10/22/09
Here's a copy of his resume http://dealbreaker.com/images...
Violent Fighting Fanboi
  10/22/09
"Dude is slowly getting rid of all his online profiles ...
Violent Fighting Fanboi
  10/22/09
tyty
hairraiser rambunctious plaza faggotry
  10/22/09
tyft
Sooty Stubborn Menage Water Buffalo
  10/22/09
I'm amused that industry insiders actually use "ding&qu...
razzmatazz bull headed hissy fit
  10/22/09
"industry insiders" are just like xo posters but a...
irate heaven depressive
  10/22/09
Also, this type of guy is extremely common. The guy who grow...
razzmatazz bull headed hissy fit
  10/22/09


Poast new message in this thread



Reply Favorite

Date: October 22nd, 2009 2:03 PM
Author: Violent Fighting Fanboi

http://dealbreaker.com/2009/10/jeffrey-chiang-will-be-receivi.php

http://www.wallstreetoasis.com/forums/jeffrey-chiang-you-will-never-in-your-life-ever-work-on-wall-street

So! Firms are starting to hire again, which is very exciting to those of you trying to improve your situation. Perhaps it’s been a while since a lot have gone through this process, and you’re a little rusty on the Do’s and Dont’s. Which why starting today we’ll be offering little pearls of accumulated wisdom picked up in the field. Tip one: don’t lie about having received an offer from one firm while you’re interviewing with another. Tip one-A: if you’re going to lie about said fake offer, impersonate someone and forge a little evidence: easy on the typos. Spelling Bank of America without ‘c’ is going to be a red flag. Jeffrey Chiang knows what we’re talking about.

Chiang apparently interviewed at Bank of America, where he was asked if he had any offers from other firms. Jeffrey claimed that he was in his second round of interviews with Morgan Stanley. An associate at BofA then contacted his friend at Morgan about Jeffrey’s prospects. The Morgan guy said that contrary to popular belief, JC had only had a phone interview, at which time he claimed to have gotten a full-out offer from BofA. As proof, JC provided a fabricated email allegedly from a recruiting woman at Bank of America, who would probably be surprised to be informed she’d offered Chiang a job (and that she didn’t know how to spell “America”). The Morgan people forwarded the faux letter of employment back to the people at Bank of America who were doing recon and from there it was forwarded to the entire free world.

Obviously, the lies here are not good form but what’s most upsetting is the lack of effort. There wasn’t an ounce of creativity or dancing in this scam (though we did appreciate the demand to be put up at the Four Seasons). In fact, it’s downright boring, as scams go. It doesn’t come close to a Vayner move, and yet Mr. Chiang has been relegated to the same status as one of the greats. (A list of firms JC will likely not be getting offers from, as gleaned from the outrage expressed by their employees, can be found below). Apparently, though, we now live in a world of diminished expectations where you don’t even need a video or a claim to bench press 500 lbs to rile people up or swear they’ll never offer you a job. Going forward, you’ve been warned.

From: xxxxx (BoAML person)

Sent: Thursday, October 15, 2009 4:43 PM

To: xxxxxxxxxxxxxxxxxxxxxxx (Other people at other banks)

Subject: FW: Jeffrey Chiang

I don't know if this guy has come up on your radar screens in terms of analyst recruits, but you need to be warned about him. I should have been tipped off by the fact that he ran a "5K marathon" on his resume.

I just figured something got lost in translation.

I interviewed him on campus, and while he was pretty weird/intense, he seemed like somebody who would crank and potentially make for a good analyst, so we waved him in for an office visit.

Things started going bad for him when I got a call from our HR department about him during our Superday. In making his travel arrangements with our travel agent, he had apparently made a big stink about needing to stay at the Four Seasons and blew up on the travel person. It was apparently bad enough that she went to the trouble to inform our HR department.

Our Superday reviews on him were pretty mixed, nonetheless. He had spent a summer at Gulfstar, so I did a bit of checking on him there, and it became clear that they were also very unimpressed with the way that he carried himself. So, we dinged him, but that is not where the story ends.

He had told one of the associates in our office that he was in the second round of interviews for MS's Palo Alto office. Well, our associate happened to mention this to his friend that works in the MS Palo Alto office and the associate at MS said that Jeff had had only had a phone interview but had indicated that he had an offer from BAML.

When the MS team asked him to send proof of his offer, he manufactured the email below and forwarded to the MS team.

We have notified UT of this joker's behavior, but needless to say, this guy shouldn't be able to get a job at McDonalds after a stunt like this.

xxxxx

-----Original Message-----

From: xxxxx (MS person)

Sent: Wednesday, October 14, 2009 12:58 AM

To: xxxxx (BoAML person)

Subject: FW: Bank of America Merrill Lynch Interviews

This is what Jeffrey sent Morgan Stanley to prove he received an offer from your firm. Given you told me you dinged him, should I assume this is fake? If so, that's unbelievable and his school should be notified, he shouldn't get a job anywhere on Wall Street.

-----Original Message-----

From: xxxxx (Morgan Stanley person)

Sent: Tuesday, October 13, 2009 10:47 PM

To: xxxxx (Another MS person)

Subject: Fw: Bank of America Merrill Lynch Interviews

----- Original Message -----

From: Jeffrey Chiang

To: xxxxx (Morgan Stanley person)

Sent: Tue Oct 13 22:52:34 2009

Subject: FW: Bank of America Merrill Lynch Interviews

Best Regards,

Jeffrey Chiang

Business Honors Program & Finance

Economics Honors & Advertising Honors

McCombs School of Business

The University of Texas at Austin

Email: xxxxx

Cell: xxxxx

________________________________________

From: Park, Diana

Sent: Friday, August 21, 2009 3:36 PM

To: Jeffrey Chiang

Subject: RE: Bank of America Merrill Lynch Interviews

Hi Jeff,

Everyone was very impressed with your interviews today. We are excited to formally extend to you an offer to join Bank of Ameria Merrill Lynch as an analyst next summer. You should be getting documentation in the mail to sign very shortly. If you have any further questions please feel free to email me. Again, congratulations and we look forward to having you join us next year.

Best,

Diana

-----Original Message-----

From: Jeffrey Chiang

Sent: Thursday, August 20, 2009 4:28 PM

To: Park, Diana

Subject: Bank of America Merrill Lynch Interviews

Ms. Park-

I just wanted to follow up with you regarding my interviews and the recruiting process for Bank of America Merrill Lynch and where they are in the process. Please shoot me back an email when you can. Thanks for all your help.

Best Regards,

Jeffrey Chiang

Business Honors Program & Finance

Economics Honors & Advertising Honors

McCombs School of Business

The University of Texas at Austin

Email: xxxxx

Cell: xxxxx



(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056011)



Reply Favorite

Date: October 22nd, 2009 2:10 PM
Author: Violent Fighting Fanboi

Post removed by moderator for violating The Law of The Land.

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056042)



Reply Favorite

Date: October 22nd, 2009 2:13 PM
Author: up-to-no-good brunch windowlicker

if you were an asian kid at ut austin, surrounded by hot white girls who would never date you, wouldn't you go nuts as well?

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056070)



Reply Favorite

Date: October 22nd, 2009 2:16 PM
Author: Violent Fighting Fanboi

UNC asians seem to do fine. I know an asian guy there, old HS friend. Gets a few white girls, prefers asians though.

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056092)



Reply Favorite

Date: October 22nd, 2009 2:16 PM
Author: Sooty Stubborn Menage Water Buffalo

wtf, why?

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056089)



Reply Favorite

Date: October 22nd, 2009 2:17 PM
Author: Opaque mind-boggling athletic conference lodge

HEY!

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056098)



Reply Favorite

Date: October 22nd, 2009 2:07 PM
Author: Passionate Drab Rigpig Gaping

Things started going bad for him when I got a call from our HR department about him during our Superday. In making his travel arrangements with our travel agent, he had apparently made a big stink about needing to stay at the Four Seasons and blew up on the travel person. It was apparently bad enough that she went to the trouble to inform our HR department.

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056028)



Reply Favorite

Date: October 22nd, 2009 2:09 PM
Author: Histrionic Cyan Locus

5K marathon? I'm not even a runner and that doesn't sound like much of a 'marathon.' That's like a longish walk.

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056040)



Reply Favorite

Date: October 22nd, 2009 2:10 PM
Author: Violent Fighting Fanboi

It is also rumored that he lied about that as well as his Goldman + ML internships which he constantly bragged about to his peers (you can see they are not mentioned on his resume).

It is also true he lied on his resume about attending HBS (which he got in but chose not to go).

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056049)



Reply Favorite

Date: October 22nd, 2009 2:11 PM
Author: Beady-eyed poppy piazza

very alpha

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056055)



Reply Favorite

Date: October 22nd, 2009 2:13 PM
Author: Opaque mind-boggling athletic conference lodge

Is there some way to easily tell if the text of a forwarded email has been altered?

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056073)



Reply Favorite

Date: October 22nd, 2009 2:17 PM
Author: Violent Fighting Fanboi

Here's a copy of his resume

http://dealbreaker.com/images/thumbs/JChiang%20Resume.pdf

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056103)



Reply Favorite

Date: October 22nd, 2009 2:19 PM
Author: Violent Fighting Fanboi

"Dude is slowly getting rid of all his online profiles and such. Look at this

http://www.google.com/search?q=jeffrey+chiang+Texas&btnG=Search&hl=en&sa=2

As you see he has a LinkenIn profile but when you click it it has been deleted...

http://www.linkedin.com/pub/jeffrey-chiang/13/705/9a0

But through the magic of Google cache....

http://74.125.155.132/search?q=cache:9aDWWCHK7VQJ:www.linkedin.com/pub/j...

Another is his facebook page/elect Jeff Chiang for 2nd Year Class Rep

http://www.facebook.com/group.php?gid=2233166170&ref=ts

Which previously looked like...

http://lh3.ggpht.com/_3QURMtp0v7M/SuCNDpCIuII/AAAAAAAAABk/2yTqrmpuzFo/s9...

Trying to hide...not working too well becasue "Jeffery Chiang" is the 31s most searched term on Google. lol

http://www.google.com/trends/hottrends?q=jeffrey+chiang&date=2009-10-22&...

"

http://www.google.com/search?hl=en&client=firefox-a&rls=org.mozilla:en-U...

Look at the 4th down...its deleted

www.facebook.com/jeffrey.chiang

You know its him b/c if you do the cached version

http://74.125.155.132/search?q=cache:qYe6Do31DlQJ:www.facebook.com/jeffr...

His friends are mainly Texas students or Alums. If only the Wayback machine did Facebook pages!!

Also, Dealbreaker is ripping him apart, email, phone number, address, I know more about this guy then I do of some of my friends.



(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056123)



Reply Favorite

Date: October 22nd, 2009 2:33 PM
Author: hairraiser rambunctious plaza faggotry

tyty

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056243)



Reply Favorite

Date: October 22nd, 2009 2:22 PM
Author: Sooty Stubborn Menage Water Buffalo

tyft

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056148)



Reply Favorite

Date: October 22nd, 2009 2:40 PM
Author: razzmatazz bull headed hissy fit

I'm amused that industry insiders actually use "ding"

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056294)



Reply Favorite

Date: October 22nd, 2009 2:44 PM
Author: irate heaven depressive

"industry insiders" are just like xo posters but a little older and a little more in finance dood

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056321)



Reply Favorite

Date: October 22nd, 2009 2:42 PM
Author: razzmatazz bull headed hissy fit

Also, this type of guy is extremely common. The guy who grows up idolizing i-bankers/analysts, keeps talking about his stocks or his businesses, and eventually starts fabricating stuff in order to meet his own expectations for himself.

I knew a guy like this who claimed in his facebook profile that he founded his own hedge fund as a senior in HS.

(http://www.autoadmit.com/thread.php?thread_id=1117296&forum_id=2#13056311)