Often, there are horror stories about the interview environment. Some interviews take place in really small, stuffy rooms with no air conditioning. It's hard to focus on answering questions when you're sweating and uncomfortable. And sometimes the chairs are really uncomfortable too, which can make the whole experience feel like torture.
There was this case where an interviewee was in the middle of answering a question about market trends. Suddenly, one of the interviewers received a phone call and started chatting loudly. The interviewee was left hanging there, not knowing whether to continue or wait. When the interviewer finally finished the call, they just asked the next question without any apology, completely throwing the interviewee off balance.
One common element is the competition. People in the Wall Street environment are often highly competitive in their careers, and this can spill over into their relationships. For example, if one partner gets a promotion, the other might feel jealous or inferior.
One 'Wall Street horror story' is about the insider trading scandals. People who had access to non - public information made huge profits illegally, but when caught, they faced severe legal consequences like hefty fines and jail time. It ruined their reputations and the trust in the market for a while.
The 2008 financial crisis is also a well - known horror story. Big banks like Lehman Brothers failed because of their excessive risk - taking in the sub - prime mortgage market. This led to a global economic meltdown with widespread unemployment and foreclosure of homes.
One common element is unprepared interviewers. They might not have read your resume properly before the interview and ask you basic things that are already on there. Another is a very uncomfortable or intimidating interview environment, like a super cold room or an interviewer who stares at you in a really unfriendly way.
One common element is unprofessional interviewers. For example, they may be late, rude, or not prepared. Another is unexpected and inappropriate questions, like asking about your political views when it has no relation to the job. Also, a bad interview environment can be part of it, such as a noisy or dirty room.
One horror story could be about a young analyst who dated a coworker on Wall Street. They were constantly in competition at work, and this seeped into their relationship. Every achievement of one was seen as a threat by the other. Eventually, they broke up in a very public and messy way at an office party, with accusations flying around and it ruining their professional reputations among their colleagues.
A common one is when the interviewers are running extremely late, leaving the candidates waiting for a long time. It makes the candidates nervous and can disrupt their whole day's schedule. Another is when the interviewers are overly aggressive or intimidating in their questioning, making the interviewees feel like they are on trial instead of having a conversation about potential residency.
Rude behavior from the interviewers is also common. They could be dismissive of the teacher's experience or ideas. I know a teacher who was told her previous teaching experience in a small school was 'not good enough' in a very condescending way during an interview.
One of the most common horror stories is when the employer has clearly not read your resume. They ask basic questions that are already answered on the resume, which makes you wonder if they are actually interested in hiring. Another is when there is miscommunication about the job requirements. You think you're applying for one type of position, but during the interview, they start talking about a completely different set of responsibilities. It can be really frustrating.