> Given what a single large deal can mean to the firm, hiring the kid of a CEO at a big company you hope to work with one can could almost be seen as a form of

> Given what a single large deal can mean to the firm, hiring the kid of a CEO at a big company you hope to work with one can could almost be seen as a form of lead-generation or a business development cost. It's actually seen as bribery and is illegal. From [1]: > U.S. authorities are examining whether JPMorgan violated anti-bribery laws by hiring the children and other relatives of well-connected politicians and clients in China in exchange for having business steered to the firm, [1] http://www.bloomberg.com/news/articles/2013-12-08/jpmorgan-china-hiring-probe-spreads-to-five-more-banks-nyt-says http://www.bloomberg.com/news/articles/2013-12-08/jpmorgan-c...