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  1. M

    Dateline NBC

    This documentary is extremely disturbing in that none of the borrowers took responsibility for having gamed the system which then rebounded and whacked them on the head. It makes me angry to hear anyone of them claim to be a victim when they were clearly being irresponsible. Having defaulted and...
  2. M

    Pain & Pleasure

    http://www.bloomberg.com/apps/news?pid=20601109&sid=agdquPfpIk78&refer=home Lots of great stuff in that article!
  3. M

    Pain & Pleasure

    http://blogs.wsj.com/deals/2009/03/11/jobs-for-fed-up-wall-streeters-here-are-the-next-big-ones/ Headline: "Jobs for Fed-Up Wall Streeters" This article will make you sick. Does anyone really believe that weasels make good private or public sector leaders? The only truthful comment in...
  4. M

    Pain & Pleasure

    http://www.forbes.com/2009/03/09/foreign-workers-visas-business-banks.html "Foreign Workers Banned From Wall Street" reads the headline. This piece of news is likely to make some of you very happy indeed. Poor Alice and Neha, it is not like they can head to Hong Kong or Mumbai as the first is...
  5. M

    Pain & Pleasure

    http://www.usnews.com/blogs/luxe-life/2009/03/06/abc-finds-humor-in-wall-streets-collapse.html They are going to make television serials about Wall Streeters who get canned and it is supposed to be funny.
  6. M

    Pain & Pleasure

    http://www.nytimes.com/2009/03/05/business/worldbusiness/05expats.html?ref=worldbusiness Good advice until you bump into some feral brats! :D
  7. M

    Pain & Pleasure

    http://www.charlotteobserver.com/banking/story/566810.html From Charlotte. At least down south the women stick by their husbands when they lose their jobs. The quote from the schumck working at Wachovia is unreservedly sick.
  8. M

    Pain & Pleasure

    http://www.forbes.com/2009/02/24/volunteer-layoff-opportunity-leadership-careers_basics.html Six Steps To Successful Volunteering Prozac for the long term unemployed. Hey, if an ex-WaMu employee can feel good about herself, so can you!
  9. M

    Pain & Pleasure

    Class of 2008 is fucked for sure. Those guys are shoved between the people who have 2-3 years post-MBA experience and the fresh faced bright eyed bushy tailed but scared as hell graduand of the class of 2009. The guys from the class of 2009 who have managed to secure positions at major banks...
  10. M

    Pain & Pleasure

    http://www.nytimes.com/2009/02/23/nyregion/23wall.html?ref=nyregion More on Bloomberg's misguided plan to turn parasites into entrepreneurs. Mike, if these guys wanted to earn money the hard way, they would never have joined the Wall Street racket. And oh, check it out. They used to rely...
  11. M

    Pain & Pleasure

    http://www.nytimes.com/2009/02/21/nyregion/21retrain.html?em Career Options for Ex-Wall Street Workers - Lead walking tours amid the ruins of your past life - Become a butler - Sell cigars - Shred documents - Entertain small children Talk about cruelty.
  12. M

    Pain & Pleasure

    http://www.nytimes.com/2009/02/19/nyregion/19bankers.html?ref=business More on Bloomberg's plan to ¡®retrain¡¯ former Wall Street prima donnas. Who is he kidding? These people lived their lives as superbly adapted parasites and now you want them to become contributing and productive...
  13. M

    Pain & Pleasure

    http://money.cnn.com/2009/02/13/news/economy/mba_worry.reut/index.htm?postversion=2009021312 Don't you just lovvve Andrew Lo.
  14. M

    Pain & Pleasure

    http://www.wnyc.org/news/articles/123779 Living the lie, that is what life on Wall Street is all about.
  15. M

    Pain & Pleasure

    http://www.abovethelaw.com/layoffs/ Lawyers getting canned. THIS I LIKE!
  16. M

    Pain & Pleasure

    http://www.nytimes.com/2009/02/12/world/middleeast/12dubai.html?em Thinking of moving to Dubai to escape the misery in New York? :D
  17. M

    Pain & Pleasure

    http://online.wsj.com/article/SB123414304204261913.html Poor fella, they sold the house in India to move to the United States and now he cannot get a job. Ahh... recruiting drops at business schools and the world will end up better for it.
  18. M

    Pain & Pleasure

    http://www.grantthornton.com/staticfiles/GTCom/files/GT%20Thinking/IPO%20white%20paper/Why%20are%20IPOs%20in%20the%20ICU_11_19.pdf So long as the IPO market remains shut, it is bye-bye banking for the lucky survivors still standing. Given your propensity for self-directed trading, you are...
  19. M

    Pain & Pleasure

    http://blogs.wsj.com/laidoff/2009/01/26/nowadays-an-mba-doesnt-equal-job-security/#comments The outpouring of grief from laid-off JD/MBAs is worth some of your time. It will be long before some enterprising journalist does a piece on the plumber with a MBA!
  20. M

    Pain & Pleasure

    http://www.nytimes.com/2009/02/08/nyregion/08towns.html?ref=education Dang! Them lil' puppies are waking up!
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