Ob Case Chapter3

Topics: Vice President of the United States, Goldman Sachs, Working time Pages: 3 (792 words) Published: March 10, 2012
Case Incident 2



Although the 40-hour workweek is now the exception rather than the norm, some individuals are taking things to the extreme:

• John Bishop, 31 is an investment banker who works for Citigroup's global energy team in New York. A recent workday for Bishop consisted of heading to the office for a conference call at 6:00 P.M., He left the office at 1:30 A.M. and had to be on a plane that same morning for a 9:00 A.M. presentation in Houston. Following the presentation, Bishop returned to New York the same day, and by 7:00 P.M., he was back in his office to work an additional 3 hours. Says Bishop, "I might be a little skewed to the workaholic, but realistically, expecting 90 to 100 hours a week is not at all unusual."

Irene Tse, 34, heads the government bond-trading division at Goldman Sachs. For 10 years, she has seen the stock market go from all- time highs to recession levels. Such fluctuations can mean million of dollars in either profits or losses. "There are days when you can make a lot, and other days where you lose so much you're just stunned by what you've done,'' says Tse. She also states that hasn't slept completely through the night in years and frequently wakes up several times during the night to check the global market status. Her average workweek? Eighty hours. "I've done this for 10 years, and I can count on the fingers of one hand the number of days in my career when I didn't want to come to work. Every day I wake up and I can't wait to get here."

• Tony Kurtz, 33, is a managing director at Capital Alliance Partners, and he raises funds for real estate investment. However, these are not your average properties. He often travels to exotic locations such as Costa Rica and Hawaii to woo prospective clients. He travels more than 300.000 miles per year, often sleeping on planes and dealing with jet lag. Kurz...
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