John Rolfe

With a bachelor's degree, John Rolfe entered the field of advertising and earned $17,800.00 his first year. When he entered Wharton to pursue an MBA, he was astonished by the positions and beginning salaries earned by the previous year's graduation class. Clearly, he was ready to participate in this new climate. Having no understanding of investment banking, he managed, through the assistance of a female friend, to secure a summer internship position with Donaldson, Lufkin and Jenrette (DLJ), a large Wall Street firm. He was a quick study, with the help of fellow intern Peter Troob, and landed a permanent offer once he completed his second and final year at Wharton. Filled with optimism and enthusiasm for his new chosen profession, Rolfe entered the world of of DLJ, convinced that once he put in his time as a lowly associate, the climb to vice-president and eventually managing director...