Cuts are said to be going down in Citi GWM circa right this second.
Layoffs Watch '09: Citi
Posted by Bess Levin, Apr 16, 2009, 10:39am
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Posted by guest , Apr 16, 2009 10:45AM
Global Wealth Mgt, I assume. Brokers or support staff?
Posted by guest , Apr 16, 2009 10:51AM
Global Wealth Management in Long Island Citi???
Posted by guest , Apr 16, 2009 10:52AM
@1- um, you needn't "assume," as everyone one and their mom knows what it stand for.
Posted by guest , Apr 16, 2009 10:54AM
Think Victor is dressed like the Indian dude from Punch Out?
Posted by guest , Apr 16, 2009 10:57AM
GWM aka their Smith Barney group is in Long Island City
Hope my friend makes it :(
Posted by guest , Apr 16, 2009 11:03AM
What about the layoffs at Primerica?
Posted by guest , Apr 16, 2009 11:04AM
question marks@22- hence the tag
Posted by guest , Apr 16, 2009 11:07AM
Never use the phrase "going down" in an article that will be read by natural gas traders. It really, really distracts them.
Posted by guest , Apr 16, 2009 11:09AM
I traded baseball cards when I was a lad.
Posted by guest , Apr 16, 2009 11:18AM
is this the global wealth management group in long island city?
Posted by guest , Apr 16, 2009 11:20AM
They're laying off Gay White Males? Seems like a lawsuit waiting to happen.
Posted by guest , Apr 16, 2009 11:23AM
Anything by GWM in long island city. That's were all the talent is.
Posted by guest , Apr 16, 2009 11:26AM
Gay White Whales?
Posted by guest , Apr 16, 2009 11:34AM
@13 You are clearly one of the more retarded people I've ever encountered...If you're trying to be funny (which clearly isn't working), at least get something right..GWM not GWW. Please consider upping your B.S. from Rutgers...
Posted by Anal_yst , Apr 16, 2009 11:38AM
Smith Barney is out of 787 7th 1st of all, GWM ops is all the f* over the place
Posted by guest , Apr 16, 2009 11:38AM
@14 - I have BS from Dartmouth, thank you very little.
Prestige
Posted by guest , Apr 16, 2009 11:42AM
@14
Is the B.S. in Library Science?
Posted by guest , Apr 16, 2009 11:43AM
Going to Dartmouth was your first mistake. Openly admitting it...
Posted by guest , Apr 16, 2009 11:49AM
Dartmouth = gay in the mountains
Posted by guest , Apr 16, 2009 11:54AM
I am the CEO of a hedge fund. I went to ITT Tech. That's good isn't it?
Posted by guest , Apr 16, 2009 11:54AM
you can always rely on anal for factually right but boring info.
Posted by EZ2517 , Apr 16, 2009 12:03PM
I believe the first GWM wisecrack referred to Gay White Males, not Whales.
Why Whales? Maybe our poster is gay for whales? Maybe he summers in Nantucket with his man-bitch, Rodrigo. Maybe he keeps a copy of Moby's Dick under his pillow? That's one gay white whale story!
I presume these cuts are going down in the middle office support areas.
Posted by guest , Apr 16, 2009 12:04PM
Chico State School of Business beats Dartmouth on its best day.
Posted by guest , Apr 16, 2009 12:04PM
@4
Great Tiger, gotta hit him in the gut before his upper cut, get your three superpunches, then clobber him. Under 1:20 in the first round every single time.
Posted by guest , Apr 16, 2009 12:50PM
There once was a whale in Nantucket
Whose BA he found in a bucket
Reports he would run,
But Vic said he’s done.
And now, a Duke MBA? Ah, fuckit…
Posted by guest , Apr 16, 2009 12:51PM
@9 - Was that a billy bob reference?
Posted by guest , Apr 16, 2009 12:51PM
Anyone have details? Lots of dead wood and useless idiots in the upper ranks there but alas, they are never the ones to get the chop.
Posted by guest , Apr 16, 2009 1:02PM
@25 -- you are a genius!
Posted by guest , Apr 16, 2009 1:14PM
These layoffs don't mean much of anything. Nor do all the others over the past month.
Doesn't everyone know that the crisis is over and that we're headed for a V-shaped recovery? Obama said so, you know. Bernake did too.
After all, the bank profits of the 1st quarter are just the beginning of a whole new trend in economic excellence.
It doesn't seem to matter that Goldman's imaginary $1 Bil-plus profit for 1Q followed a $4 Bil-plus loss for the 4Q. I wonder where would Goldman's 1Q profit be if they hadn't received, was it $12 Bil, from AIG?
The Guy from Delaware
Posted by Anal_yst , Apr 16, 2009 1:31PM
@21
I do what I can, glad it's much appreciated.
Posted by guest , Apr 16, 2009 1:55PM
@23. that's just plain retarded.
Posted by guest , Apr 16, 2009 2:12PM
@22, maybe he meant gay fish
Posted by guest , Apr 16, 2009 2:34PM
TGFD @ 29 please learn to spell the Fed Chairman's name correctly...can't you at least show a little bit of respect to the almighty and omnipotent beard?
Posted by guest , Apr 16, 2009 3:05PM
Isn't that the group now known as CitiMorg?
Posted by guest , Apr 16, 2009 3:09PM
Any names from the cuts?
Posted by guest , Apr 16, 2009 4:14PM
I'm a Financial Adviser. What does GWM mean?