Pain & Pleasure
- Thread starter mingsphinx
- Start date
Sometimes makes me wonder what the country would be like with more Gates'.
I think a big problem is that students are now saying 'well, I might as well stay longer in University, pay a bit more, and then wait out the financial crisis.' But this will obviously have an economic impact for many years, if not decades to come, and even bigger student debt wont be the way to help young people out.
http://www.huffingtonpost.com/2012/01/13/wall-street-bank-tech-startups_n_1200373.html
Bloombergâs idea to funnel Wall Street refugees into high tech start ups is making a comeback. The sad subtext is that outside of finance, many of these people are actually unemployable. Hence the need to start their own business to earn a living when they fall off the Wall Street gravy train. The vast majority will fail and many will watch as their savings get wiped out.
Bloombergâs idea to funnel Wall Street refugees into high tech start ups is making a comeback. The sad subtext is that outside of finance, many of these people are actually unemployable. Hence the need to start their own business to earn a living when they fall off the Wall Street gravy train. The vast majority will fail and many will watch as their savings get wiped out.
http://www.dailyfinance.com/2012/02/07/brokerage-failures-Kaufman-WJB-ticonderoga/
Low volumes = weak revenue = layoffs
Low volumes = weak revenue = layoffs
http://www.nj.com/business/index.ssf/2012/03/three_questions_after_a_wall_s.html
After getting dumped from his Wall Street job, he becomes a handyman and his story is one of the happier endings.
After getting dumped from his Wall Street job, he becomes a handyman and his story is one of the happier endings.
http://www.reuters.com/article/2012/06/06/us-usa-banks-jobs-idUSBRE8550RO20120606
It is going to start up all over again. More weenie bankers out of a job and with no one to turn to.
It is going to start up all over again. More weenie bankers out of a job and with no one to turn to.