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Horrible things like what? Mergers and IPOs?

They're twenty-somethings who got a somewhat high-paying job coming out of college. Above average but not the pick of the litter. And they don't know what they're in for until they've already signed on the dotted line. The way you get treated as an intern is orders of magnitude better than the way you're treated as an analyst, because the bank is still trying to entice you to step through the full-time door.

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I imagine they may be referring to how Goldman Sachs is a pipeline into the most entrenched and detestable levels of government, in both major parties, where they encourage policies beneficial to the financial industry but costly to the people, and generally act out regulatory capture in the most mercenary possible way.

Goldman & Sachs is a notorious money making machine that's optimized to squeezing as much money as possible out of everything they deal with. They will do everything they can get away with to achieve that. Where do you think the 50 million bonuses are coming from? And of course individuals who sign up for it know what they're getting into and why.

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