That's the claim of a Merrill Lynch banker who has written to Here Is The City, a financial news and gossip site based in Britain.
"I wonder what the implications really are, and am concerned that the freeze itself is just a marker which firm executives are putting down to signal that there are much tougher times ahead," the banker writes.
The banker emphasizes that he has not "got it in for my firm" but speculates that the hiring phrase will last much longer than the anticipated 20 weeks. "[I]t will remain difficult to obtain additional headcount throughout 2009," he writes.
The entire letter, including the requisite Stan O'Neal bashing, is on Here Is The City. (Thanks to Hilary Lewis at the Business Sheet, who brought this story to our attention.)
Posted by guest , Aug 18, 2008 3:39PM
first post.
mayo.
merril
cock
1977 lotus esprit turbo
Posted by guest , Aug 18, 2008 3:48PM
Too long, didn't read.
Posted by guest , Aug 18, 2008 4:08PM
just the tip Bess, promise.
Posted by guest , Aug 18, 2008 4:16PM
Mayo and Iceberg lettuce is great on a hot day.
Posted by guest , Aug 18, 2008 4:22PM
@3-- where?
Posted by guest , Aug 18, 2008 4:41PM
I like putting a spoonful of Mayo into a tall glass of Ice Tea.
Posted by guest , Aug 18, 2008 5:16PM
i recently used mayo to remove water stains on my table. Try that with catsup!
Posted by bank_teller , Aug 18, 2008 5:19PM
this one is a toss-up by i think @1 takes it.
p.s. -- what's a "hiring phrase"?
Posted by guest , Aug 18, 2008 5:50PM
@5, Providence, Rhode Island?