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  1. M

    If you apply to 759 jobs and get 0 is it you or the jobmarket?

    Oooh! Another guy with a system. And it is really simple too. He is so good that other people have asked him to manage their money. I am sure that pitz is just begging to have someone ask him how he does it. He is in debt because of student loans, has no experience to speak of whatsoever, but he...
  2. M

    If you apply to 759 jobs and get 0 is it you or the jobmarket?

    Anyone who believes that a degree entitles them to a high paying job deserves to get shafted. Regardless of which school you went to, until you acquire business specific skills on the job, you are actually not worth much to your employer. In order to build the skill set needed to land the good...
  3. M

    Pain & Pleasure

    http://www.reuters.com/article/idUSTRE61O48I20100225 http://m.cnbc.com/us_news/35566066?refresh=true Someone needs to tell these people that if you are out of the Street for more than a year, you are out for life. Your hands get cold when you are no longer in the game. It is sad to still...
  4. M

    Yet another fraud: $1.3 Billion, 2 arrested

    No matter how active the SEC gets, they will probaby never go after the real crimes that are being committed. Only when the securities industry band together to clobber a miscreant like Bear Stearns is any kind of justice done.
  5. M

    Steve A. Cohen gets friendly

    http://www.bloomberg.com/apps/news?pid=20601109&sid=a0dqXyjnQ6dg&pos=10 “It’s Cohen’s ability to adapt to a changing environment that’s his biggest strength,” Infinity Capital’s Vale says. “My biggest fear is that he retires.” That was how the article ended. People who...
  6. M

    Pain & Pleasure

    http://www.google.com/hostednews/ap/article/ALeqM5gEpcsen1nmRWqznbf2Zy9zbHYfUwD9CKBNBG0 With the pain came the pleasure. :D Told'ya!
  7. M

    Pain & Pleasure

    http://www.law.com/jsp/tal/PubArticleTAL.jsp?id=1202432587499&A_Year_To_Forget&slreturn=1&hbxlogin=1 Wall Street's scribes are feeling the pain. :D They have student loans that cannot be discharged through bankruptcy but which they cannot pay back for lack of gainful employment. There is...
  8. M

    Pain & Pleasure

    http://dealbook.blogs.nytimes.com/2009/07/01/another-view-in-praise-of-law-firm-layoffs/?hp http://www.bloomberg.com/apps/news?pid=20601103&sid=a_pq81zQiLBs There is so much material on law firm layoffs unlike the virtual clamp down on any reporting on the now long settled depression...
  9. M

    Pain & Pleasure

    http://www.bloomberg.com/apps/news?pid=20601109&sid=ayoyS0YOgC8Q I think lawyers should be included in this thread too!
  10. M

    Pain & Pleasure

    I do feel sorry for the people who are rushing into medical school. As you pointed out, the numbers do not actually work. After tax, after medical liability insurance and the upkeep costs of various professional fees plus continuing education expenses, many doctors would be better off if they...
  11. M

    Pain & Pleasure

    http://www.nydailynews.com/money/2009/07/05/2009-07-05_untitled__rayo5m.html You have to wonder how much free publicity Stephen Chen and Iris Chau are going to get. Their 'new idea' has been used by the poor in developing countries for as long as tires have been around. But the media makes it...
  12. M

    Pain & Pleasure

    http://www.latimes.com/business/la-fi-headhunter3-2009jul03,0,2773259.story Cheers babe! This article made me smile :D. What do people who leave Wall Street without a sufficient nest egg do? What happens to these people if they were not very talented to begin with but just got lucky and...
  13. M

    Pain & Pleasure

    http://www.leaderpost.com/Grads+face+worst+fears/1435813/story.html A whole generation of pampered kids will graduate into the worst job market in living memory. If they cannot get their start as a bangster, they want to go save the world. It is really sick that money grubbers want to...
  14. M

    Pain & Pleasure

    http://www.examiner.com/x-11194-Cleveland-Unemployment-Examiner~y2009m6d21-100-tipstools-and-resourcestohelp-you-survive-without-a-job There is a ton of material on that website for the jobless. You guys know that I go out of my way to be helpful right? :D
  15. M

    Pain & Pleasure

    http://online.wsj.com/article/SB124511318124517281.html Now the rubber meets the road. When an uptick in hiring occurs and the unemployed banksters cannot land interviews or secure jobs, the truth will finally hit home. Poor babies, they just do not get it. If you can contribute to revenues...
  16. M

    Pain & Pleasure

    http://newyork.craigslist.org/mnh/tfr/1218438026.html Just looking to help folks. You never know, maybe there are MBAs who got laid off and are now living their fantasy or happier or doing something more personally rewarding. :D
  17. M

    Pain & Pleasure

    http://online.wsj.com/article/SB124450268338295907.html There you go! Getting fired was a good thing. Now all these people can be fulfilled! And it is not just about personal fulfillment. The country that screwed up the global financial system wants to send out volunteers into the world to...
  18. M

    Pain & Pleasure

    http://www.nytimes.com/2009/06/07/nyregion/07law.html?ref=business Read and be merry!
  19. M

    Pain & Pleasure

    http://www.shanghaidaily.com/sp/article/2009/200906/20090603/article_402852.htm Does anyone feel sorry for Zhou? You don't say? :D
  20. M

    Pain & Pleasure

    http://online.wsj.com/article/SB124390425824574861.html The best poor little ex-Wall Street guy article I have read so far. The WSJ does these human interest with an ample dose of financial realism articles well. But it ends with a note of caution to all the people out there who believe...
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