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affluenza's picture

Ok, not to beat a dead horse, but...

by affluenza (Senior Orangutan, 438 Banana Points Points) on 9/15/08 at 11:11am
beating_a_dead_horse.jpg

So, with the leftover Lehman employees bailing out their office windows and BofA and Merrill folks wondering what the future holds for them, let's weigh in on the disaster that is Wall Street today. What is everyone thinking this morning?

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azwethinkweiz's picture

we're in the middle of

by azwethinkweiz (Orangutan, 268 Banana Points Points) on 9/15/08 at 11:32am

we're in the middle of history.

junkbondswap's picture

Very very profound, indeed.

by junkbondswap Certified User(Gorilla, 638 Banana Points Points) on 9/15/08 at 11:36am

Very very profound, indeed.

Devils Advocate's picture

I'm wondering why I worked

by Devils Advocate (Orangutan, 339 Banana Points Points) on 9/15/08 at 11:39am

I'm wondering why I worked my ass off in college only to be a victim of this bullshit...

PnL's picture

agreed

by PnL (Monkey, 34 Banana Points Points) on 9/15/08 at 11:55am

^^

its brutal out there in terms of recruiting..good luck to all who are still looking.

Roundabout's picture

Damn do I feel lucky to

by Roundabout (Senior Chimp, 19 Banana Points Points) on 9/15/08 at 12:48pm

Damn do I feel lucky to still have 6 years before I apply for FT positions (a year of HS, a year of military service and 4 years of college).

aachimp's picture

to the searching: you could

by aachimp (Gorilla, 563 Banana Points Points) on 9/15/08 at 3:20pm

to the searching: you could always join the army officer program

Soy's picture

Hello, I'm am a former

by Soy (Monkey, 49 Banana Points Points) on 9/15/08 at 4:16pm

Hello, I'm am a former Lehman Brothers employee. I'm actually not surprised that Lehman collapsed. I knew that it was going through hell for quite a while. In fact, no one at the Times Square office was shocked. Those who were "shocked" were in denial, or stupid. I can give a first hand account of that last few months. I work in IB. In the last months, alot of us were laid back, relaxed, and chilled, there were good natured pranks all around, not typical IBanking behavior. People weren't concerned with work because we knew it was over. For even the most in-denial people, the 90%+ drop in stock and cutting of analysts solidified the argument of collapse. No matter what people say, Lehman was a great bank with great people. My best wishes are with ex-Lehman-ers, and employees of Merrill Lynch As for me, I'm moving onto my next journey, The Blackstone Group in NY. I don't know what could happen next Merrill's been auctioned of to Band of America. Who's next to collapse?