Cuts going down circa now.
Apparently “exotics is in the process of getting hosed, though not everyone in the group knows it.” That is all we know so if anyone’s got any other details they’d like to get of their chest, feel free to do so at this time.
Update: Apparently a handful of “associates in commodities structuring in London” have been to sleep in tomorrow.
i forgot an umbrella today.
other than that, i have no concerns.
Oh Bess. The days when DB’s advertising space was reserved for the red cross…
Getting a pink slip is the NKI….at least they have 99 weeks of funemployment to look forward to.
-Guy who wishes he could drink 24/7 on taxpayer funds.
RHO…its 26 wks…..only 99 if laid off in 07
JPM is the fucking rake.
Damn, I guess then I should stop spiking that interns drink with “protien”.
Thank you, coal traders!!! I didn’t know the word “coal” was the hydrocarbonic word for “dumbass”.
-Embarrassed Professional Coal Trader
I wonder if there are any derivatives for 2011 mba apps.
-guy who has an idea.
I’ll make you a market. 212-270-7325
No gossip from the tranches? Too bad.
i have a friend who trades exotic derviatives for JP Morgan. 26 years old, ex-citadel, and made around $500K this past year. I’ll ask him to find out the gory details.
Either way, top traders at sell-side banks can easily find jobs at buyside firms or go to harvard business, stanford, or wharton.
So what is the word?
Apparently no carnage. That, or those forcibly evicted are still drinking but not yet enraged enough to post about it.
I’ll hold out hope for the no carnage options for now.
I can confirm it. Not sure if it was carnage but some veterans ( think 10 yrs. ) had their desks folded and weren’t even extended other jobs within JP