CNBC’s Jim Cramer Rages at Young Bankers Complaining About Work Conditions: ‘SHAME is What Makes a Good Goldman Sachs Associate!’

Young Goldman Sachs associates are complaining about grueling work conditions, but one prominent alum of the financial behemoth has little sympathy.

Speaking on CNBC’s Squawk Box Friday, Jim Cramer — who worked at Goldman in the 1980s — is blasting the 13 first-year analysts who recently complained about their demanding schedules in an internal survey. In particular, the lament from the Goldman first-years that they only get to sleep five hours per day did not sit well with the CNBC commentator.

“So now they’re grousing about five hours? Why don’t they just take naps during the day?” Cramer said, sarcastically. “This is ridiculous!”

Cramer added, “Give me a break! You go to Goldman Sachs because of the deal you make! You can make the money, and then you can do something great. Five hours, that’s all they get to sleep, that was pathetic! They should not be sleeping five hours!”

Squawk Box host Andrew Ross Sorkin framed the topic as a clash between the old school and new school at the big financial firms.

“This is the great debate happening on Wall Street,” Sorkin said. “Because you have a whole younger generation saying, we’re being hazed by an older generation.”

“Hazed,” Cramer said, disapprovingly, before launching into a story about how he used to administer exams to young Goldman Sachs associates just before midnight on Fridays, and publicly called out those with the worst results.

“Anyone who finished last, their names were on the door Monday morning!” Cramer said. “Because you know what?! SHAME is what makes a good Goldman Sachs associate!”

Watch above, via CNBC.