Posted by guest , Oct 23, 2008 1:34PM

Nobody at Barclays says "Barclettes."

Posted by guest , Oct 23, 2008 1:35PM

@2- you're an idiot

Posted by guest , Oct 23, 2008 1:38PM

I wonder if anyone from Bear who ended up at Lehman, made the cut to Barclays, only to get laid off in this round. That would be pretty rough..

Posted by guest , Oct 23, 2008 1:43PM

#4 LOL

you gotta wonder, anyone arrogant enough to work in banking gets what they deserve...

Posted by guest , Oct 23, 2008 1:45PM

@ 6, shove it. your just jealous that you couldn't manage to get a job in banking let alone an interview. whats happening is unfortunate, but don't 'hate'

Posted by guest , Oct 23, 2008 1:49PM

lots of BAD karma floating around peeps gots to go. Diddy

Posted by guest , Oct 23, 2008 1:50PM

@4, I wouldn't be surprised if that happens, because I know guys that were hired in September and are now fired...analysts mainly.

Posted by guest , Oct 23, 2008 1:50PM

@7. Stop you're crying. If your as qualified as you imply - probably don't need to worry. That is if you weren't a volume hire during the good times.

Posted by guest , Oct 23, 2008 1:52PM

Goldman is now joining the bloodpath party:

http://money.cnn.com/2008/10/23/news/companies/goldman_jobs/index.htm?postversion=2008102313

Posted by guest , Oct 23, 2008 1:53PM

@ 10

From which banks?

Posted by guest , Oct 23, 2008 1:53PM

fck you #6, hope you'll get 25 inches of what you deserve in your twinkle twinkle little star tonight

Posted by guest , Oct 23, 2008 1:53PM

#11 aren't we smug. Are you feeling comfortable in your custodial position? Nothing is forever except for your mom's love of penis.

Posted by guest , Oct 23, 2008 1:54PM

WTF is going on today in the US Equities markets? Was there an explosion somewhere? Very strange.

Posted by guest , Oct 23, 2008 1:56PM

@16.. Yes its very odd.. looks like a huge unwind or something?

Posted by guest , Oct 23, 2008 1:56PM

Bread and soup lines for all of us!

Posted by guest , Oct 23, 2008 1:58PM

Bread and soup lines for all of us!

Posted by guest , Oct 23, 2008 1:58PM

12-

Thank you for posting a link which DB already posted this morning. You are a Dealbreaker Power Contributer.

http://dealbreaker.com/2008/10/layoffs-watch-08-goldman-sachs.php

Posted by guest , Oct 23, 2008 2:01PM

The CNNMoney article I posted earlier suggests rightly that it's better for the banks to start culling the sheep now rather that waiting for Thanksgiving and Christmas to do it.

I wanted to see a mass Christmas Eve layoff. That would have been fun. No matter; I bet the big F500 like F are man enough to fire their employees right on Christmas Day, in person, while you're at your daughter's Christmas play where she's playing Mary mother of Jesus.

Posted by guest , Oct 23, 2008 2:02PM

So much vitriol and hubris these days.

Posted by guest , Oct 23, 2008 2:04PM

Does anyone have TPG's 1200 slide presentation on the Macro economy?

Posted by guest , Oct 23, 2008 2:05PM

AJ - I like your thinking. Oportunistic investing at its finest.

Posted by guest , Oct 23, 2008 2:06PM

Just spoke to guy that made it through to the other side.. It's an absolute shit show. Too bad there's not a way to buy protection on the BarCap legal and compliance dept.

Posted by guest , Oct 23, 2008 2:06PM

I thought prgy was banished back to Yahoo!

prgy: Please go back, your comments add no value.

Posted by guest , Oct 23, 2008 2:09PM

22 you are fucked int he head to even joke like that

Posted by guest , Oct 23, 2008 2:09PM

@26: Define "shit show" - half the department? Only 1 month severance?

@16 and @18: Every single time the market has turned up the past couple of months, it has started collapsing in the afternoon. Can think of only a couple of times this has not happened: 99% of the time early morning strength is followed by major selling, especially after 2:30. No one wants to go home long.

Posted by guest , Oct 23, 2008 2:12PM

#16 What's different there today? Seems like SSDD to me.

Posted by guest , Oct 23, 2008 2:12PM

Tried to get someone on the phone at BarcLeh Compliance all morning about a problem, can't get anyone. You know it's bad when they are cutting Compliance!

Posted by guest , Oct 23, 2008 2:12PM

@7 and 11 - Learn the differences between "you're" and "your", please.

Posted by guest , Oct 23, 2008 2:16PM

@2, you really are an idiot

Posted by guest , Oct 23, 2008 2:18PM

@29,
The selling's not as wholesale (dumping ETFs). But there's a ton of it.

Posted by guest , Oct 23, 2008 2:19PM

I'm guessing the educational quotient of chicks on CL Erotic is going up every day now. I love plowing Ivy League chicks who lost their jobs.....hahaha

Posted by guest , Oct 23, 2008 2:20PM

Amazingly, Alvarez & Marsal is hiring many of the ex-Lehman lawyers to work on its unwind of the massive Lb estate's portfolio. Nothing like hiring the foxes to guard the henhouse.

Posted by guest , Oct 23, 2008 2:20PM

34 Not really that close to this stuff, but dumping ETFs late in the day is largely a sign of hedge fund selling, correct? Them not wanting to go him with broad market or sector exposure. Yes?

Posted by guest , Oct 23, 2008 2:24PM

margin calls people- they give you until 2:30, 3:00 to come up w./ the dough

Posted by guest , Oct 23, 2008 2:25PM

massive layoffs will continue - think Jonestown, Guyana; think Pol Pot Killing Fields Cambodia, Darfur, Stalin's Gulag's (well people were technically employed/enslaved there)...

After x-mas I'll bet over/under of F500 is 100k layoffs...and that doesn't include large private companies.

@36...how about PwC (AIG, Freddie auditor) and E&Y (LEH auditor) helping Treas on bailout accounting!

Start hording your cash kiddies - gonna need it to hide out.

Posted by guest , Oct 23, 2008 2:25PM

38 Someone said last week that the early am selling was margin calls. Margin clerks come in and start selling, was the comment. Which is it?

Posted by guest , Oct 23, 2008 2:27PM

200,000 Investment Banking Jobs lost so far!

I'm glad I work at Deutsche Bank. We are the only powerhouse left intact.

SUCK IT YOU LOSERS.

Posted by guest , Oct 23, 2008 2:30PM

@38: who does cash trades? even if they give you until 3pm, it takes a few days for your trades to clear so you even HAVE the dough to fork over.

Posted by guest , Oct 23, 2008 2:33PM

ABC is starting a new reality show: "Hedge Fund Rehab".

Posted by guest , Oct 23, 2008 2:34PM

@41 - who knew deutsche was still operating? Not me...I thought they all went home to make wooden shoes or something

Posted by guest , Oct 23, 2008 2:35PM

@41

We deutsche-bags will spit on the carcasses of the goldman stanley.

Posted by guest , Oct 23, 2008 2:37PM

45 deutsche=/dutch you hayseed

Posted by guest , Oct 23, 2008 2:39PM

@45
you got hit hard with the stupid stick or what?!
wooden shoes is the netherlands, and deutsche bank is from...

(say it out loud while looking at your ugly face in the mirror, that way you'll remember)

Posted by guest , Oct 23, 2008 2:40PM

Can someone please tell my why SUTR is down 2%?

Posted by guest , Oct 23, 2008 2:54PM

49,

saw it coming from the triple lindy formation, dude.

Posted by guest , Oct 23, 2008 2:56PM

@35

I prefer the dumb cokewhores, or the strippers who are looking for a little more money on the side...

Plow them till they're sore, give 'em a bit of verbal & emotional abuse, then toss them out when I'm done!

I like to think I'm acclerating their downward spiral....

Posted by guest , Oct 23, 2008 3:00PM

@35

I prefer the dumb cokewhores, or the strippers who are looking for a little more money on the side...

Plow them till they're sore, give 'em a bit of verbal & emotional abuse, then toss them out when I'm done!

I like to think I'm acclerating their downward spiral....

Posted by guest , Oct 23, 2008 3:00PM

@41 When Deutsche does start to lay off people (and they will) pray you're not in the first wave of people to go...

Posted by guest , Oct 23, 2008 3:08PM

@48--thats sarcasm jackass...the germans never do anything right, so, simply stuff is their best bet. Go buy me a rail pass to switzerland..chop, chop

@51--spoken as a true humanitarian, tough love is so misunderstood lately

Posted by guest , Oct 23, 2008 3:12PM

@55

Yeah, I love finding out exactly how far they'll go for money, and where they draw the line.

If they hate themselves just a little more when it's over, I've done my job...

[Sorry for the double post earlier]

Posted by guest , Oct 23, 2008 3:23PM

When do they slash thru the Murders and Executions Dept?

Posted by guest , Oct 23, 2008 3:27PM

@54 not worried, we haven't lost a single person. My bonus might get slashed by 20 percent from last year though, I guess I won't be buying that Ski-doo this year.
Whoopity Doopity.

Posted by guest , Oct 23, 2008 4:16PM

@7,11 You idiots need a lesson on the difference between "your" and "you're". @11 gets an award for using both incorrectly in a single post.

Posted by guest , Oct 23, 2008 4:23PM

I know of numerous people who joined Barclays IBD from Bear and have just now been let go again...

Posted by guest , Oct 23, 2008 4:34PM

@59 STFU go back to teaching 3rd grade english, that's probably the only job you are qualified for anyway.

Posted by guest , Oct 23, 2008 4:50PM

@61. 59 here. nice come back, really. speaking of 3rd grade...

Posted by guest , Oct 23, 2008 4:55PM

@62 Your mother's so fat.....

Posted by guest , Oct 23, 2008 4:56PM

@63. 59 here again. now that was funny...

Posted by guest , Oct 23, 2008 5:10PM

Any numbers on the BarcLeh cuts?

Posted by guest , Oct 23, 2008 6:24PM

Working for a German financial firm is like working for the guvmint. Job for life as long as you have a pulse. Even after all those crap landesbanks lost their AAA ratings nobody got laid off.

Germans kick ass at making cool stuff like cars but they suck at finance.

Hitler, who said anything about Hitler?

Posted by guest , Oct 23, 2008 6:38PM

Apparently the decisions on who to let go at Barclehs were made by the "Old Guard" at Lehman Legal...way to go Barcs...hold on to the ones who really know how to exercise superior judgment!

Posted by guest , Oct 23, 2008 10:22PM

So what? I'm still a rock star. I've got my rock moves, and I don't need you.

Posted by guest , Oct 23, 2008 11:43PM

people gotta go...then people gotta GO

http://www.weeklyta.blogspot.com

Posted by guest , Oct 26, 2008 7:04PM

Reading these posted comments is like watching animals canabalize their young.

The reason where in this mess is 95% of bankers and lawyers do have a clue what the hell they're doing.

As a matter of fact- those that have posted the harshest comments #22, #35, #51, and a few more (you know who you are) deserve to have their offspring and their reproductive organs canabalized to overt another crisis down the road.

thanks

Posted by guest , Oct 26, 2008 7:05PM

Reading these posted comments is like watching animals canabalize their young.

The reason where in this mess is 95% of bankers and lawyers do have a clue what the hell they're doing.

As a matter of fact- those that have posted the harshest comments #22, #35, #51, and a few more (you know who you are) deserve to have their offspring and their reproductive organs canabalized to overt another crisis down the road.

thanks

Posted by guest , Oct 26, 2008 7:05PM

Reading these posted comments is like watching animals canabalize their young.

The reason where in this mess is 95% of bankers and lawyers do have a clue what the hell they're doing.

As a matter of fact- those that have posted the harshest comments #22, #35, #51, and a few more (you know who you are) deserve to have their offspring and their reproductive organs canabalized to overt another crisis down the road.

thanks

Posted by guest , Oct 26, 2008 7:05PM

Reading these posted comments is like watching animals canabalize their young.

The reason where in this mess is 95% of bankers and lawyers do have a clue what the hell they're doing.

As a matter of fact- those that have posted the harshest comments #22, #35, #51, and a few more (you know who you are) deserve to have their offspring and their reproductive organs canabalized to overt another crisis down the road.

thanks

Posted by guest , Oct 27, 2008 8:50AM

are hedge funds cutting? @6, this shit is having a ripple effect..its not only bankers. it's already affecting main street u little fuck.