According to Dealbreaker, layoffs are planned tomorrow at Goldman, MS, andsoon.
Abovethelaw has announced that Latham (V10 firm) is shedding some 70-100 associates, including FIRST YEARS (from what I understand, a big no-no for these law firms).
AIG, GM,, loses an exorbitant amount of money, all on the verge of collapse.
Seriously, what the hell is happening?? Are we going to be rubbing sticks together for fire soon?
Sidenote: How are the European banks, Deutsche in particular, along withdoing (okay so UBS isnt doing too well). have been out of the news lately, good?