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Recession Coming No Matter What
Old 09-30-2008, 11:45 AM   #1
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Join Date: Apr 2003
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Look how many high paying jobs in banking and brokerage and finance and real estate have already disappeared.

The cranes ares still up, and the workers are still moving around, but they have been unplugged from the wall.

Many of these jobs are never coming back. How many banking functions will be consolidated? How many brokerage and investment jobs will be consolidated, or just abandoned altogether? How many Wall Street lawyers are no longer doing M&A, and how many diamonds and rubies will they no longer be buying from Harry Winston?

Could be more will be drinking well scotch instead of single malt.

Should be interesting.
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