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!
http://www.grantthornton.com/static...white paper/Why are IPOs in the ICU_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 being blamed for the bubble, the death of the "very best stock marketing engine the world had ever known", and the subsequent demise of the IPO market. This means that you are in fact to blame for loss of jobs on Wall Street. Tsk tsk tsk! Elite Trader indeed!
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.
http://www.nytimes.com/2009/02/12/world/middleeast/12dubai.html?em Thinking of moving to Dubai to escape the misery in New York?
http://www.wnyc.org/news/articles/123779 Living the lie, that is what life on Wall Street is all about.
http://money.cnn.com/2009/02/13/news/economy/mba_worry.reut/index.htm?postversion=2009021312 Don't you just lovvve Andrew Lo.
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 members of society? You expect them to start businesses and be entrepreneurs? Throw $45 million away on a project that will generate no returns when New York City schools are falling apart and they have the cheek to say ¡°it could stimulate the creation of at least 25,000 jobs and contribute $750 million to the local economy.¡± What a fabulous return. Spend $45 million and get back $750 million. The man gives free money to the rich, or at least those who ought to be rich, but ignores the plight of the poor. What a world we live in!
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.
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 exclusively on McKinsey for financial services industry related studies but have now turned to BCG. What happened? Those blue books from McK turned out to be baloney?