fired

If you're fired, whats Plan B?

As someone who is waiting for the other shoe to drop, I'd be curious to hear what other people in finance who have been laid off or are waiting for impending layoffs plan to do if they're let go.

I'm looking into Teach for America or considering going to a non-top 10 B-school.

DAMNIT, I just got FIRED

"We deeply appreciate your service, but due to budget constraints and the market turmoil, we are going to have to let you go."

This seriously fucks up my budget and everything else....

Options Trading for the newly Unemployed

If you have found yourself in the seemingly unenviable ranks of the unemployed...think again.

While we are all looking for jobs, we are really looking to make money. Period. I am looking for a few good men (or women) to join me in an informal options trading group. My thought is that putting enough smart, driven people in the same room creates a fertile ground for profit and camaraderie.

Here's the deal: I trade options with a small portfolio ($25,000). Returns generated have exceeded 40% per month. Do the math, that's a decent living for having control of your life and on such a small investment. This is hard - I guarantee nothing. But if you were like me sitting your desk dreaming of a better life, this may be it. As for me, it's perfect but it's lonely while all my friends are at work til 9pm or later most nights and I am at the gym by 4:30pm and hitting up happy hours at 7pm.

Monitor cuts 20% of work force.

I just heard that management consultancy monitor cut 20% of its workforce and closed several business units. The entire LA and San Francisco offices are probably wipedin a round of "rightsizing". I assume other consultancies must be feeling the crunch as well. Anyone know more about how consulting firms are performing right now?