Crisis

http://money.aol.com/news/articles/_a/bbdp/trader-shoots-himself-on-exch...

Just wanted to let everyone know to look out for people jumping out of windows today. Could be a dangerous walk home.

Finally, some good news out of the credit crisis. Playboy is capitalizing on Wall Street's current *ahem* popularity with a "Women of Wall Street" spread planned for its February 2009 issue.

No wannabes please. According to this article in reuters, playboy is only looking for girls who currently work for or have recently worked for a financial institution. They're not looking for HR either. "It would be more interesting to have someone who's a financial analyst," says playboy photo editor Gary Cole.

So, if any of you recently laid off (or just bored)
banker/trader chicks want to engage in some naked risk taking, www.playboy.com/wallstreet.

Say you are a high school senior, deadset on banking. You have your whole life planned out. You would enter Richard Ivey, you would get an internship between your third and fourth year, you would get a banking analyst job and earn 130K/year. Then, after two years as an analyst, you would move to hedge funds and make even more money (but you don't have that planned out too well).

The market crashes and everyone is going crazy (like right now).

You have one more year of secondary school - do you tough it out and still enter university as a commerce student, hoping the markets have rebounded enough by then that you still get to achieve your life's dream? (crazy comp at a young age)

Or do you go through a different path? Hey, medicine doesn't look too bad right now...

Where the fuck is the bottom? Why couldn't a different class get hit with this shit? *end rant*

So we’re in a crisis are we not? I just want to hear from regulars on WSO as to why they think this has happened. Is it because of earlier deregulation? Is it because of simply bad investments? If it’s bad investments, the old saying comes to mind, would you jump off a bridge just because Lehman did? Maybe it’s partially because of the $9.6 Trillion U.S. Federal Deficit? World political instability? Mercury in Retrograde? Oh, and of course maybe I’m just imagining it!