How susceptible is equity research to the market?

quaker9's picture
Rank: Monkey | 32

I have accepted a SA offer in equity research (with, of course, one of the firms that is currently taking a beating on the market today) How vulnerable would a firm's equity research division be to potential cuts (i.e. revoked SA offers) in the event of a buyout such as JPMC's take over of Bear Stearns?