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Spencer Platt
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Honest Cover Letter Charms Wall Street

Summer internships on Wall Street can be difficult to snag, especially if you aren't related to one of the firm's senior executives.

But as an unnamed college student has proved, the really honest approach to job seeking can also work. His cover letter, in which he admits he has "no unbelievably special skills or genius eccentricities" and says he "no qualms about fetching coffee, shining shoes or picking up laundry," was immediately passed around the boutique investment bank he had applied, where it was praised as an instant classic.

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Adam Rountree, Getty Images
Adam Rountree, Getty Images
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Wall Street Bonuses Slated to Decline in 2011

In news that will likely make all those Occupy Wall Street protestors cheer, New York compensation consulting firm Johnson Associates projects the average Wall Street bonus will decline by 20 percent to 30 percent this year.

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Joe Raedle, Getty Images
Joe Raedle, Getty Images
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Survey of the Day: 47 Percent of Americans Think Wall Street Harms the Economy

The Occupy Wall Street movement continues to generate headlines, so what better time to see what Americans actually think of our esteemed financial institutions?

Forty-seven percent of Americans think Wall Street hurts the American economy more than it helps, whereas only 38 percent think the opposite is true.

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