SSG is highly selective and coveted because you get exposure to such a wide swath of investing.

(http://www.autoadmit.com/thread.php?thread_id=3113795&forum_id=2\u0026mark_id=5310751",#29722239)

The Managing Director lifts the Raybans from his brow just enough to make eye contact with the two rows of young bankers sitting across from each other in the steel whale's belly. "You boys ready?"

They all nod, stone faced. It was a silly question. They weren't just ready; they had never been more ready. Years at Harvard, long nights fixing spreadsheets, hours of tweaking LinkedIn. It was finally time.

"Remember: you were born a banker," he shouts over the sound of the rotor and the wind and the jungle. "But you were made a Special Situations Operator."

Their ear pieces come alive. "10 seconds to target!"

"Look alive, time to fuck 'em up!"

----

That's what they do.

(http://www.autoadmit.com/thread.php?thread_id=3113795&forum_id=2\u0026mark_id=5310751",#29722372)

“No. Go,” he said. “It’s the nature of the assignment.”

(http://www.autoadmit.com/thread.php?thread_id=3113795&forum_id=2\u0026mark_id=5310751",#29723351)

*the dying man ponders for a moment* "um, no, just go..."

(http://www.autoadmit.com/thread.php?thread_id=3113795&forum_id=2\u0026mark_id=5310751",#29723379)

edit: here are the links...

http://www.businessinsider.com/goldmans-alleged-aluminum-scam-2013-7

http://www.forbes.com/sites/robertlenzner/2013/07/25/goldman-sachs-makes-255-million-storing-3-of-global-aluminum-production/#16e8c4c0143e

(http://www.autoadmit.com/thread.php?thread_id=3113795&forum_id=2\u0026mark_id=5310751",#29722992)

i kinda admire that they were able to think up something like this. obvs they're not adding any value to society by doing this but anyone criticizing them is really just mad they werent smart enough to think of it

(http://www.autoadmit.com/thread.php?thread_id=3113795&forum_id=2\u0026mark_id=5310751",#29726745)

Obviously I am all for making money, but behavior like this is insanely parisitic. You really have to do a lot of mental gymnastics to convince yourself that this is even close to being acceptable, just like the dudes who buy the drug companies and jack the prices up 1000% - they don't even do a middle ground rent seek by improving the product slightly and making it up 2-3x, they nakedly go for the biggest hike which gives off the impression that they expect the behavior to be clamped down upon so they gotta rob as much as possible

(http://www.autoadmit.com/thread.php?thread_id=3113795&forum_id=2\u0026mark_id=5310751",#29726802)

That's ludicrous

(http://www.autoadmit.com/thread.php?thread_id=3113795&forum_id=2\u0026mark_id=5310751",#30121578)

tl;dr still a prestigious group but much less so.

(http://www.autoadmit.com/thread.php?thread_id=3113795&forum_id=2\u0026mark_id=5310751",#29723018)

also forgot to mention that GSIP, goldman's internal long-short equity hedge fund, is extremely prestigious.

(http://www.autoadmit.com/thread.php?thread_id=3113795&forum_id=2\u0026mark_id=5310751",#29723503)

Goldman Sachs: Special Situations Group (SSG)

(http://www.autoadmit.com/thread.php?thread_id=3113795&forum_id=2\u0026mark_id=5310751",#29723492)

C.O. Blankfein: "Welcome to the Goldman Sachs S.S.G. Operator selection program. You have volunteered for the most intensive banking training known to man. You are all proven graduates within the striver community: Harvard, Yale, Princeton, Stanford, Wharton, and so on. In spite of your preftige, many of you will not successfully negotiate this program. Those that do, will experience an operational tempo that exceeds that of any other unit within the Goldman Sachs arsenal. That is all that is to be said about the special nature of the S.S.G. training program. I now turn you over to my Command Master Chief, HAHAURFUCKED."

(http://www.autoadmit.com/thread.php?thread_id=3113795&forum_id=2\u0026mark_id=5310751",#29723519)