Pros
The health insurance is great and there is a slight chance (minuscule) that you will be placed in a company that you actually enjoy working at in a good location. Training is paid and most of the trainers want you to succeed and are very helpful. The company culture is very relaxed even though there is a strict dress code. FDM throws fun boat parties every year and you get to meet the CEO from London. If you are flexible in relocation, you have a better chance to getting a position that you want. Otherwise if you want to stay in NYC...good luck.
Cons
Beware! When you start with FDM, you are forced to sign a 2-year contract with them that pays you WAYYY under the market value for your skills. This then affects your salary negotiations with future employers who don't want to "overpay" you. You are also bounded by a $30,000 penalty fee for the mediocre 4 month training you receive if you break your contract. Account managers are usually very cold and calculative. They see you as a way to make commission and don't care whether you're enjoying your placement or whether it's even in your field. If you are in the Development Stream, you might end up doing IT help desk support! It doesn't matter that it's not part of your career goals, FDM and the Account Managers get paid regardless. By that time, it will be too late because if you break the contract, you have a $30,000 'training fee' penalty!