Let Junior Bankers Sleep All Day

A thing you sometimes hear is that Goldman Sachs has lost a lot of prestige since the financial crisis, but you wouldn't know it from the way every other bank copies what Goldman does. For instance, a while back, Goldman's top-secret research lab discovered the concept of not working its junior bankers to death, and told analysts and associates not to come to work between 9 p.m. on Friday and 9 a.m. on Sunday. Since then, lots of other big banks have developed their own junior-banker-lifestyle technologies, some well thought out (JPMorgan hired extra bankers to make up for the work it's losing by giving analysts one free weekend a month), and some less so (hi Bank of America!).