Meredith Whitney: 100K Layoffs On The Way For Wall St.

Bread lines for Wall Street.

Sept. 19 (Bloomberg) -- Meredith Whitney discusses expectations for more Wall Street layoffs and investing in financials.

Comments

[SKINFLINT]

Well those poor sons of beyotches can come work with me and we will see just how long they last in the great outdoors. Better bring sompin bettern wing tips and silk ties you whores.

[Harry Johnson]

What do you call 100,000 wall street bankers up to their necks in sand?

A shortage of sand.

[Grace]

All these 100k people have to do have more money in their pockets is to blow the whistle on their senior managers and CEO's. They know where the tax shelters/hidden assets are. Otherwise they'll never be trusted working anywhere again.

[TR]

Grace,
I can't believe that these people haven't turned on each other yet. I guess we will have to wait until many more lose jobs or take a beating in the rigged markets.

[SKINFLINT]

They probably entice them with severance packages if they behave thmeselves. Not sure that some of these guys would want to spend time in Fed Pen for some of their misdeeds.