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(CNBC)   Jumping out the office window isn't going to be the same for all those WFH Wall Street brokers   ( divider line
    More: Obvious, Investment banks, Goldman Sachs, Bear Stearns, Bank, central banks, Investment banking, Morgan Stanley, Wall Street bankers  
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1114 clicks; posted to Business » on 27 Jun 2022 at 10:40 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook

14 Comments     (+0 »)
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2022-06-27 9:08:54 AM  
This is the brilliance that has sustained the US economy:

"When banks have a revenue problem, they're left with one way to respond," said one Wall Street recruiter. "That's by ripping out costs."

Wow!  What an insight.
2022-06-27 9:20:16 AM Full Size

crooksandliars.comView Full Size
2022-06-27 9:36:14 AM  
Printing off trillions of dollars isn't great for the economy.  Who knew?
2022-06-27 10:41:16 AM  
This is a sad day for America, because whenever we ask "What does America need more of to make it better?" I think we all agree that the first job that pops into our heads is "Wall Street investment advisors and brokers."
2022-06-27 11:13:05 AM  

NewportBarGuy: [ image 850x601]

[ image 640x360]

Repeat for many:

Fark user imageView Full Size

They spent decades looting and expect me to care? Not like the market is rational anyway.
2022-06-27 11:18:15 AM  

Marcus Aurelius: Printing off trillions of dollars isn't great for the economy.  Who knew?

It was great for the economy. As the article said, Wall Street had record profits last year.
2022-06-27 11:48:29 AM  
On the plus side, it'll be a great epoch for residential window repair and bush landscaping...
2022-06-27 12:07:15 PM  
Well, at least we can all rest easy knowing that only the newly hired brokers will be fired and that the old time partners with the big salaries and benefits will be ok.
2022-06-27 12:25:22 PM  
Oh no, now who will produce nothing for the economy?
2022-06-27 12:34:38 PM  
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2022-06-27 1:20:10 PM  
"Please allow our 43 ads, they are really, really necessary."
2022-06-27 1:26:59 PM  
Jump! *up* you farkers!

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2022-06-27 2:17:10 PM  
Oh no! They can't speculate with free money anymore!
2022-06-27 2:24:20 PM  
"Employee levels at Morgan Stanley jumped 26%, to 76,541 people, although that includes the impact of two large acquisitions."

So you are using two sets of math for the three companies in the article. That's some fine reporting there.
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