* full article is in WSJ * dealbook.blogs.nytimes.com/2009/08/11/small-firms-said-to-be-attracting-big-talent/?pagemode=print August 11, 2009, 5:02 am Small Firms Said to Be Attracting Big Talent As many of Wall Streetâs A-list firms regroup and retrench, many B-list firms are prospering and hiring, The Wall Street Journal wrote in a report on how the financial crisis is benefiting others besides the likes of Goldman Sachs and Morgan Stanley. As an example, The Journal points to Steven Schonfeld, owner of the Schonfeld Group Holdings trading firm, who is âliving it up like the financial crisis never happened,â according to the newspaper. In Mr. Schonfeldâs 27 years in the business, his small, little-known firm never had much success hiring traders from Wall Streetâs biggest firms. Since the crisis, however, he has hired more than 20 traders from big banks â and wants a dozen more. First New York Securities, with about 225 traders, has hired more than 50 traders in the past year from larger rivals like JPMorgan and UBS. Execution, a securities firm based in Greenwich, Conn., opened a new office in Midtown Manhattan to make room for new hires from Goldman Sachs, Morgan Stanley and others. Other firms to angle for top-drawer talent include Bright Trading, Schottenfeld and the DRW Trading Group, the newspaper said.