Summer Boot Camps Summary and Analysis

Nine summer associates sat around a table at DLJ in May, ready to hit the ground running and looking forward to a permanent offer by fall. If they could "kiss a lot of rumps and get those managing directors on our side, the we'd be shoe-ins for full-time offers" (p. 42). Because every managing director was acutely aware of the desperation of summer analysts, moreover, it was easy to turn these recruits into little more than indentured servants.

The Bullpen: The area in which summer associates lived was known as the "bullpen," an area away from the main business activity in which each summer associate was issued the same desk, filing cabinet and chair. The area was in disrepair - unpainted, poorly carpeted, and housing no amenities or personal effects. The group was expected to work around the...