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You have no idea what kind of organization Bear Stearns was do you? Greenberg liked to rail against nepotism and such, and really all the grand old men on the Street like to do the same, but when it comes down to it, they will hire and promote their friends' children because it is good for...

Even with connections it is not always easy to land a nice Wall Street gig. If she wants to be one of those people who works 80 hours a week -- and I mean really working 80 hours a week as opposed to putting on a show -- and basically be a slave to the bank, even in this market, people like her...

None of you understand the situation. Ask yourself how is it that an unemployed corporate grunt can afford to live in the Village while she tries to make a living teaching brats how to make cupcakes? There were those who took issue with how she made VP at 27 but that should have tipped you off...

:D I saw the Bloomberg article too and thought that I might just give it a rest, but it looks like it will just have to keep on rolling. To be honest, I was shocked to read that there were Wall Street traders who had taken up gambling to make a living. People have been known to wait on tables...

Boom in India Dated, but worth a post.

The Subprime Awards: The Saddest, Most Hilarious Tales From a Battered Wall Street A nice compilation, enjoy.

The whacking has not even begun in earnest and the pigs are already starting to squeal. In the last few months it has mostly been people between the age of 20-30 who have been shot, but with revenue down so much it will not be enough to take down costs. We are getting close to when the bonus...

Wall Street Blues What a champ huh? He loses his job and still feels that he came out on top. **Applause** for those who can believe that they win even when they lose. :)

ANGUISH OF 'STOCK' SPLITS This one is golden. Let me just say that anyone who gets divorced because he loses the million dollar job is only all the more richer for it. :cool:

Middle-aged seek life after Wall Street Heart warming ain't it?

Would-be bankers set for bruising ride All those people bitching about the short straw they drew should take some comfort in knowing that their brethren across the Atlantic are in the same boat. Time to hook up? :D

The Upside of Being Downsized Yes, $100,000 is a lot of money for the investment banking crowd especially after Uncle Sam takes his cut. And now he can spend all the free time he has plus all that extra money he has been given on cool vacations. :p

Hehehehe... :D

Oh wow, now that is something of an understatement wouldn't you say??

**APPLAUSE** It needed to be said.

Just read this wonderful article, getting laid off is good for you. Some of you think that I am such a sadist but look at what the gods have proclaimed from Mount Zournal? Things like "consider companies beyond the brand names, such as smaller boutique firms and hedge funds, including those in...

http://online.barrons.com/article/SB121460952736112313.html You wankers will need a subscription to read the full article.

It is sick and childish, so what is your point? You guys have not decided to start your own morality vigilante here on ET have you? That would be great, would be hustlers want to be saintly. I really do enjoy the spectacle that is unfolding and I am very certain that I am not alone. It is...

http://www.bloomberg.com/apps/news?pid=20601087&sid=awk4tPLkb1y4&refer=home Even Steve is cutting back! And he is getting rid of Bear Stearns people. That is nasty and mean Steve. But then again, there is probably no other way to treat these cocksuckers.

http://dealbook.blogs.nytimes.com/2008/06/26/how-low-will-wall-street-staffing-levels-fall/ Do not say that you have not been warned!