We’ve just heard, as we sometimes do, that Greenwich Capital laid off a bunch of senior guys last night, and will be moving on to the peons this morning. 2.5 months from bonus time—ballsy! As always, we would appreciate if anyone who can definitively confirm or deny the allegations would do so now.
Downsizing At Greenwich Capital?
Posted by Bess Levin, Oct 11, 2007, 11:41am
Comments
Posted by Merry Guy, Oct 11, 2007 12:12PM
Heard the same. Of the remaining execs, no one is talking bonuses anymore at Greenwich. Numbers are unclear, I head it was 1/3 of the company.
Posted by Anal_yst, Oct 11, 2007 12:21PM
Don't think for a second that I didn't take a screen shot of the double-post you had for this (cus I totally did).
Posted by , Oct 11, 2007 12:29PM
wow, you took a screen shot of the double post! hope you don't use the technical error against them in the future!
Posted by , Oct 11, 2007 12:32PM
Actually hope he does use it in the future, how hard can it be to get a system up that doesn't take 2mins to post a comment, and result in double posts like 10% of the time?
Posted by reader, Oct 11, 2007 12:37PM
you guys are the biggest bunch of whiney complaining little bitches on earth.
Posted by jones, Oct 11, 2007 1:12PM
Hahah, i took a screen shot too! Wow can anyone say 'no life'?
Posted by anon anon anon, Oct 11, 2007 1:12PM
but they are ours.
Posted by phife, Oct 11, 2007 1:14PM
those geeks at rbs gc can go load up on some cocktails at L`Escale and then jump in Greenwich harbor
Posted by MG, Oct 11, 2007 2:06PM
so who's going to sit in that giant new building RBS is building in Stamford?
Posted by Poophead, Oct 11, 2007 2:17PM
JP Morgan just announced lay offs in I Banking.
Posted by , Oct 11, 2007 2:21PM
I hate the Dutch
Posted by anon, Oct 11, 2007 3:25PM
ballzy is spelled with a "z" not a "s"
Posted by alpha, Oct 11, 2007 3:52PM
Like MG said, why the hell did they build that huge building in Stamford? By the way, anyone know whos moving into RBS GC when they move?
Posted by , Oct 11, 2007 4:42PM
Dutch? I thought RBS was Swedish
Posted by hoping for sarcasm..., Oct 11, 2007 5:12PM
@4:42, please please say you're not serious
Posted by gab, Oct 11, 2007 5:19PM
I hate the Scotch. Not scotch - the Scotch. Or Scots. Scottish. Celts.
Posted by WTF, Oct 11, 2007 5:29PM
WHAT THE FUCK IS GIONG TO HAPPEN TO THE STAMFORD BUILDING ASSHOLES?
PS, DON'T MEAN TO WHINE BUT THE 5 MINUTE POST WAIT IS F-ING RIDICULOUS AND GAY - WTF!!
Posted by jt, Oct 11, 2007 6:38PM
Oh dear...
@ 4.42.... Royal Bank of SCOTLAND
Gab....SCOTS. You are wrong on several levels, the Scots are awesome. Scotch is WHISKY ....
Posted by , Oct 11, 2007 9:17PM
"WHAT THE FUCK IS GIONG TO HAPPEN TO THE STAMFORD BUILDING ASSHOLES?"
Greenwich-based Antares would buy that shit in a second.
Posted by , Oct 11, 2007 9:19PM
"WHAT THE FUCK IS GIONG TO HAPPEN TO THE STAMFORD BUILDING ASSHOLES?"
Greenwich-based Antares would buy that shit in a second.
Posted by anoymous, Oct 11, 2007 10:56PM
Are you guys serious? First of all, rbsgc barely let anyone go. second, their new building is the new royal bank of scotland group headquarters for north america - so not only will the 1200 greenwich capital employees be moving there, but so will all of rbs north america, amn ambro north america, citizens bank and whoever else they decide to buy before then. check your facts before you post...
Posted by , Oct 15, 2007 6:46PM
CDOs, asset-backed front office guys, wouldn't say a lot of people, but .....



Posted by , Oct 11, 2007 12:05PM
heard about senior guys, not sure about lower levels though