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11 April 2009

The Rats Are Leaving the Ship. Are these the ones that are going to save our financial system and economy?
I like how they keep referring to the people who managed to destroy the world's entire economic system as... "talent."
posted by BoringPostcards 11 April | 21:31
What they seem to be doing is jumping away from the tightly-regulated organisations that took government bailouts and into smaller firms that are still under the radar because they weren't perceived as part of the cause. In ten years time, the current start-up companies will be the ones behind the next economic crisis for exactly the same reasons.
posted by dg 11 April | 21:41
"Banks paid out some $18 billion in bonuses last year, down 44 percent compared with a year earlier, and many workers viewed them as paltry payouts. " Must be nice to have a job where you can lose money and still get a bonus.
posted by arse_hat 11 April | 22:13
Anecdotal, but living in a suburb close to NYC the fallout is hurting people from all walks of life. A friend is a custom cabinet maker and orders are down better than 40% from 2008 (which was down from 2007). He has had to lay off two workers. The local bakery is not making the usual Easter & Passover cakes b/c the owner says business is way down, and he laid off a counterperson. Friends in the trades in NYC tell me of less work available. Teachers are being laid off in school districts where it once seemed jobs would be secure forever. Real harm has flowed from this disaster.
posted by mlis 12 April | 03:22
Fuck these people wherever they go and whatever they do. Their entire mindset is wrong, they've poisoned the well, the aquifer, and even the hydrogen and oxygen required to make the water.

The only place these hacks should be migrating to is prison for the rest of their lives.
posted by Lipstick Thespian 12 April | 11:55
Want to learn English? || GMO!

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