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Nicknamed "Bubbles" by the DLJ associates, William had moved to DLJ from Lehman, receiving a promotion from vice-president to managing director by doing so. His area of responsibility lay in acquisitions, that is, finding businesses to buy for clients who had the money to buy them. This process involved the development of "pitch books," lengthy treatises which extolled the virtues of companies that potential buyers should consider. He was rather unanimously hated by all associates, because, once an associate was assigned to one of Bubbles's projects, he could expect to be working seven days a week, at least sixteen hours a day, and to be the recipient of vitriolic temper tantrums and anger-induced tirades. Bubbles was a small man who clearly suffered from a Napoleonic complex and a paranoia which led him to believe that even his cell phone calls were potentially tapped. His projects and companies included in his pitch books, therefore, all had code names, a fact that made him the brunt of continued derisive jokes among associates.

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Monkey Business: Swinging Through the Wall Street Jungle