http://www.crainsnewyork.com/apps/pbcs.dll/article?AID=/20090104/SUB/901039988/0/information Do not read if you have just had dinner.
It is very cruel to suggest to a MBA that he or she should do something socially useful like become a teacher or social worker. The whole point of...
http://blogs.wsj.com/laidoff/ The first one, "Saying Good-Bye to Banking", I respect because he is down to earth and recognizes reality. The...
This downturn unlike other recessions is different in that there has been a fundamental shift in the basis of the economy. There is going to be a...
http://www.nytimes.com/2008/12/28/jobs/28bankers.html?ref=business Another way to make lots of money. See, Wall Street guys in their 30's are...
There is a thread about former Wall Street hotshots becoming farmers. That is cruel because such a dream is really beyond the reach of most laid...
Ya gotta feel a lil' for the quants. Nah!:D
If it was just about giving up one¡¯s ¡®soul¡¯, their sense of defeat would not be so total. Who would come to Wall Street and believe that...
:D :D :D Maybe they will go start their own hedge fund huh?
I could not tell you why the bust up is as bad as it is, but I can tell you that it is very bad. Kids who were thinking that they would sit out...
http://www.nytimes.com/2008/12/04/health/nutrition/04fitness.html?ref=business I was wrong! But they make it sound so uplifting. Unemployed...
http://money.cnn.com/2008/12/04/news/economy/investment.bankers.fortune/?postversion=2008120505 The tone has changed quite a bit. The job...
http://money.cnn.com/2008/11/10/news/companies/news_SAC.fortune/?postversion=2008111016 Just damage control? From the article it appears that...
It is clear that Porsche did not act alone on this one. Even Porsche's purchase of cash settled options on Volkswagen from 7 brokers seems a...
Do you get the feeling that the Financial Times is feeling gleeful about what happened? :D
Still waiting for SAC to say something on Volkswagen. :D Look at how they have dissected Greenlight and TPG!
http://www.telegraph.co.uk/finance/globalbusiness/3362913/Porsche-crashes-into-controversy-in-the-ultimate-short-squeeze.html Great article...
If you right, then there are massive losses elsewhere. :p
If it were possible to figure out what positions SAC is trading just by going through the Form 13s, why would anyone bother to pay them those...
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