P.S. You're Fired

Posted by Bess Levin, Dec 02, 2008, 10:46am

Apparently layoffs at JPMorgan, which recently decided to forgo Christmas this year, will continue this week, with employees in corporate finance being shown the door beginning Thursday.

3Recommend this! 18Comments

Comments

1

Posted by guest , Dec 02, 2008 10:49AM

Will fuck me boots be appropriate attire during this time?

Sincerely,

The Wideclops

2

Posted by guest , Dec 02, 2008 10:50AM

Bess, when is JPM going to get bailed out a la BSC, AIG, C style on a Sunday night?

When is Diamond going to issue the all encompassing, "We're well capitalized" tagline?


When will CNBC be setting up a reporter infront of corporate headquarters with a sick sense of schachenfreud with hopes of getting a peep of employees walking out with cardboard boxes?

Disgusting. The whole thing.

3

Posted by guest , Dec 02, 2008 10:51AM

nyfidcoll severance numbers anyone?

4

Posted by guest , Dec 02, 2008 10:55AM

"That means we lose to the market by, you know, over a half a trillion dollars, year after year after year. And investors have to know about that, because it speaks to a real flaw in our system, where the financial system is consuming an excessive share of the economy’s resources…it turns out the financial sector subtracts value from society."

http://tinyurl.com/6jldft

5

Posted by guest , Dec 02, 2008 10:55AM

just like davis polk--cut the bonuses and then cut the people.

http://endofesq.com/?p=616

6

Posted by guest , Dec 02, 2008 10:56AM

Fed to start buying treasuries.

I think that makes a lot of sense...market should rally big today on this news.

7

Posted by guest , Dec 02, 2008 10:56AM

זמן רב מדי; לא לקרוא

8

Posted by Anal_yst , Dec 02, 2008 10:57AM

wtf ads for the Book of Mormon on DB now?

A bit early to be laying the groundwork for Romney '12, eh?

9

Posted by Lowly Assistant , Dec 02, 2008 11:00AM

2, Diamond, from American Gladiator? "Schachen freud?" Ze germans?

I totally agree...absolutely disgusting. Why should tax payers be funding padded joust tournaments and tennis ball guns? Out of hand; out of pocket. Turbo would've had the decency to look for foreign investors before shaking ze ol' tin can.

10

Posted by guest , Dec 02, 2008 11:02AM

@6, which is another way of saying they're firing up the presses and printing money

11

Posted by guest , Dec 02, 2008 11:07AM

@8 they probably figure that after getting laid off, many on here will find religion

12

Posted by guest , Dec 02, 2008 11:10AM

@7: Link?

13

Posted by guest , Dec 02, 2008 11:19AM

2/9 - close, schadenfreude

14

Posted by guest , Dec 02, 2008 11:26AM

Sinners. You can get salvation here!!!

http://bluetoad.com/publication/?i=8600&pre=1

15

Posted by guest , Dec 02, 2008 11:29AM

I really want to get into housing finance at a bb bank so I can work with originating MBS and whole loan mortgage bonds...can anyone give me advice?

Also, does anyone know 2nd yr assoc numbers?

16

Posted by Lowly Assistant , Dec 02, 2008 11:33AM

13,

Umm...ah, nevermind. Not even worth it.

17

Posted by guest , Dec 02, 2008 12:37PM

@7: טוב עשה.

18

Posted by guest , Dec 02, 2008 1:14PM

This is nice and in the holiday spirit. The 10,000 JPM is laying off at WaMu in Seattle should also be feeling the love.

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