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Mistakes in pitches / models - who is responsible

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Hey guys

Was reflecting on my experience in IBD with a couple of other analysts from my team when we touched upon a topic that we all couldnt agree on.

If an analyst makes a mistake in a model (doesn't move valuation by much) but an associate doesnt catch it and an analyst fixes it an evening before the client meeting, gives the model back to the associate who then for whatever reason decides that it's too late to fix outputs in a presentation - who gets the blame?

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