Wall Street banker scolds employees. "Only 11 of you are at your desks!" At 12:30am.

[NeoTrader]

I'm willing to bet more than 90% of them don't report all of their sales to the IRS.

You're probably right... But we'll disagree about this being a bad thing... To me, that is one more reason for me to already like them, even before I try their steak...

 

[trader99]

The guy in the memo says you shouldn't even leave the office if you are "truly jammed".

You should sell your soul because you might make 150k a year in the big city!!! (It costs nearly all your after-tax income to live in NYC).

And you might get to meet, and then worship, a business superstar! Wow!


https://www.ft.com/content/7abd10e8-4162-11e8-93cf-67ac3a6482fd

That's why many Wall Streeters went and are going to tech and startups with a more relaxed culture.

Life is short.

 

[SunTrader]

You're probably right... But we'll disagree about this being a bad thing... To me, that is one more reason for me to already like them, even before I try their steak...

Exactly. WTF is the world coming to bemoaning lack of payment by credit cards. LOL.

 

[Overnight]

I'm personally not a fan of businesses that only accept cash. -- The first thing that comes to mind...under-reporting income taxes, business receipts. No paper trail. Shady.
Just like hot dog vendors and donut shops that are cash-only...I'm willing to bet more than 90% of them don't report all of their sales to the IRS.
...

Wonder how you feel about anyone you tip at the Peter Luger steakhouse that does not report THEIR tip earnings to the IRS.

The waiters and whomever else serve you in a fancy restaurant who take tips...Are you not a fan of them? Do you ask them if they report their tips to the IRS, and based upon their response, decide upon whether to tip them or not?

If the tables were turned and YOU were the server, how much of your tip income would YOU report to the IRS?

If you found 100 oz. of gold on the beach tomorrow with a metal detector, would you dutifully report to the IRS that you received $135,000 in cash the following week from a pawnshop/smelter/whomever?

Curious attitude you have there, LL. Part art, part science, I guess?

 

[qxr1011]

How much do they pay? My soul is available

https://www.wallstreetoasis.com/wso-annual-compensation-reports

 

[Spooz Top 2]

I'm personally not a fan of businesses that only accept cash. -- The first thing that comes to mind...under-reporting income taxes, business receipts. No paper trail. Shady.
Just like hot dog vendors and donut shops that are cash-only...I'm willing to bet more than 90% of them don't report all of their sales to the IRS.

Great things usually don't match up to the hype, that much I also agree with you.
The best things in life, for you,...are usually spontaneous discoveries...that you would have otherwised missed or discounted because of some fancy label marketing and rating assumptions.

-1.. Foot meet mouth....

When you`re good & established enough to demand Cash for services/ items rendered then one does not need to be at the mercy of the Bank Skim... I always & will continue to support the Cash only businesses ... when I hear the sheep, disregard the NO CC signs all over in order to avoid uncomfortable situations for the client, complain at the table, I make sure I take the time to educate them.

The only minor inconvenience at Lugers is that you can`t utilize the company expense CC.. but that does not hurt them in the least. The best Steak Sauce hands down without even a close second... Now offered in Supermarkets in NYC area.

It`s a good thing, Cash only, LL!