KPMG and regulators are too stupid to notice if an asset is overvalued and investment bankers are leeches, say the characters in an online video lampooning the working culture inside international investment banks.
I have seen how the Big 4 accounting firms behave over the last 30 years and this video thought to be made by employees of an investment bank is not so far away from reality.
SMH continues:
BusinessDay is not implying these events took place, but our source claims the videos were made as an in joke by current staff of a large multinational investment bank for former employees. Another video pokes fun at job descriptions in the corporate world after one of the characters meets a “business accelerator”, who was “somewhat vague in his description of his services, but he was very compelling”.
“Investment bankers are generally perceived to be sharks,” the man then says.
“We are also leeches, but we are leeches with a lot of smaller leeches clinging to our backs,” the lady responds.
The videos end with investment bankers heading out for a typical after-work activity – drinking beer and playing ping pong.
The k2p blog 