mcmonkeyplc wrote:Mr Ed?
The title and the first few posts suggest people are thinking the end of the world is neigh!
Thanks for expressing interest in my signature!
This is starting to get a little scary • Page 3
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Chopsen 13,727 posts
Seen 18 hours ago
Registered 8 years ago
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Merlinho 5,910 posts
Seen 2 weeks ago
Registered 8 years agoChopsen wrote:
mcmonkeyplc wrote:
Mr Ed?
The title and the first few posts suggest people are thinking the end of the world is neigh!
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JDub 1,267 posts
Seen 12 hours ago
Registered 11 years agoFunnily enough, one of my very good mates works for them - Apparently last Thursday, a bunch of them went out for a 'farewell to Lehmans' drink. I think they knew it was over even then... -
Merlinho 5,910 posts
Seen 2 weeks ago
Registered 8 years agoOuch. My previous comment was only made in jest by the way, just in case taken the wrong way. Except for the part about them being far too busy to post here. -
Vice.Destroyer 5,622 posts
Seen 2 hours ago
Registered 6 years agomcmonkeyplc wrote:
Losing your income is scary. Read the first few posts again.Vice.Destroyer wrote:
The title and the first few posts suggest people are thinking the end of the world is neigh!mcmonkeyplc wrote:
Nobody here is panicking. Just commiserating at a huge chunk of the workforce who won't have paychecks.
CALM THE FUCK DOWN!
Yes it's probably the biggest bank to fail for a long time but it's needed as a signal to the markets that they need to start behaving. Just because they are a certain size does not mean banks are exempt from risks.
This will create a domino effect but we dont know how big. There is really no use in panicing about this. -
JDub wrote:
Yeah must suck to be a Lehmans employee right now - tough to find new work in that sector at the moment I'd imagine.
Funnily enough, one of my very good mates works for them - Apparently last Thursday, a bunch of them went out for a 'farewell to Lehmans' drink. I think they knew it was over even then... -
Chopsen 13,727 posts
Seen 18 hours ago
Registered 8 years agoHoadTheFoul wrote:
For those that might have missed this on the last page.
I work for Lehman, been asked to come in as normal tomorrow but exepcting them to come up to the floor any moment and kick everyone out. Will be bringing a big bag as I have a load of personal stuff at my desk.
Looks like they'll be no redundancy and no guarantee we'll get paid for the last few weeks. Only been there for 6 months after been asked by my former boss to move with him from UBS.... typical.
Don't think for a minute things like this only affect a relatively affluent few, I'm certainly not wealthy and have a large mortgage and 2 kids... guess I'll have to look for something else, but given the markets at the moment, I'm pretty much relying on contacts to try and get something.
Thanks for expressing interest in my signature!
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Merlinho 5,910 posts
Seen 2 weeks ago
Registered 8 years agoOh whoops, now I feel silly, sorry HoadTheFoul. -
HoadTheFoul wrote:
That really really sucks.
Looks like they'll be no redundancy and no guarantee we'll get paid for the last few weeks.
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Load_2.0 14,588 posts
Seen 8 hours ago
Registered 10 years agoMy CV.
Airline recruitment 3 years.
Financial Grad recruitment 4 years
Future isn't looking particularly rosy. -
Load_2.0 14,588 posts
Seen 8 hours ago
Registered 10 years agoNot that bad in comparison to the earlier poster. Sorry to hear that HoadTheFoul. That sucks. -
Merlinho 5,910 posts
Seen 2 weeks ago
Registered 8 years agoLoad "$" wrote:
Are you the guy who rings me (recently qualified ACA) up all the time offering "great opportunities in industry", but only in London?
My CV.
Airline recruitment 3 years.
Financial Grad recruitment 4 years
Future isn't looking particularly rosy. -
Load_2.0 14,588 posts
Seen 8 hours ago
Registered 10 years agoMerlinho wrote:
I have people to do the ringing for me. But while we are on the subject...Load "$" wrote:
Are you the guy who rings me (recently qualified ACA) up all the time offering "great opportunities in industry", but only in London?
My CV.
Airline recruitment 3 years.
Financial Grad recruitment 4 years
Future isn't looking particularly rosy.
Nah I bug software engineers and QA's these days. -
LeoliansBro 35,097 posts
Seen 31 minutes ago
Registered 7 years agoI used to get phonecalls all the time when I just got my ACA. I actually took one of them up on my offer when I wanted to move jobs. The interview went something like this.
Me:
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
Him:
We've got this one position which looks ideal for you. It's in internal audit...
Me:
NGNNNGNGGG
Him:
...or this other excellent opportunity in Group Accounting?
Me:
/turns green, jumps through wall.
True story.LB, you really are a massive geek.
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brokenkey 6,313 posts
Seen 4 minutes ago
Registered 11 years agoJDub wrote:
Of course they did - the funded the drinks by selling their Lehamns shares short. Laughing all the way to their next bank.
Funnily enough, one of my very good mates works for them - Apparently last Thursday, a bunch of them went out for a 'farewell to Lehmans' drink. I think they knew it was over even then... -
Tonka 18,150 posts
Seen 12 minutes ago
Registered 9 years agourban wrote:
tbh i think this is all for the greater good.
freedom.
Spoken quietly: "Anger is a gift"
Yeeeaaahhhh!
Uggh!
Awww, bring that shit in!
Uggh!
Hey!
Freedom...yea...
Freedom...yea right...
Freedom...yeeeaaahhh!
Freedom!
Yeeeaaahhh!
Freedom!
Yea right!
Freedom!
Yeeeaaahhh!
Freedom!
Yea!
Right!
If you can read this you really need to fiddle with your forum settings.
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mcmonkeyplc 35,847 posts
Seen 8 hours ago
Registered 10 years agoLoss of income is very scary, but general public panic is not called for...yet. It does suck for those that work for Lehman Brothers and people in the financial services sector but all industries go through this. In the long term it's healthy to get rid of the dead wood.
I know that sounds like un-emotional economics and that is what it is. I too feel the pressure and fear losing my job. These things do happen though and it will happen again.
Sorry if I offended anyone.Come and get it cumslingers!
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Rizo 863 posts
Seen 9 hours ago
Registered 10 years agoIf anyone does want to make a quick few quid buy EURUSD. -
mcmonkeyplc 35,847 posts
Seen 8 hours ago
Registered 10 years agoEUR or USD? I didn't know they'd merged them both.gif)
Come and get it cumslingers!
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Merlinho 5,910 posts
Seen 2 weeks ago
Registered 8 years agoLeolian'sBro wrote:
One guy phoned me the other day, said his first name without saying what company he was from, as if I should know him..and then asked me if I'd got "pissed" on the weekend. Good first impressions there.
I used to get phonecalls all the time when I just got my ACA. I actually took one of them up on my offer when I wanted to move jobs. The interview went something like this.
Me:
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
I don't want anything in Internal Audit.
I don't want anything in Group Accounting.
Him:
We've got this one position which looks ideal for you. It's in internal audit...
Me:
NGNNNGNGGG
Him:
...or this other excellent opportunity in Group Accounting?
Me:
/turns green, jumps through wall.
True story. -
figgis 7,368 posts
Seen 16 hours ago
Registered 7 years agoAspic wrote:
Quite right the US would shame British Leyland in the 1970's for protectionist, union controlled, backwards working practices.Constuction in New Jersey is exactly as shown in the Soprano's. The US will suffer much worse than the rest of the world, but with the Global economy we are all in the same boat.lavalant wrote:
Very true. And at its heart the US has never really been that capitalist, unless it suited the US economy. Look at the protectionism over steel a couple of years back. Trade unions would have cried tears of pride over that one.Aspic wrote:
capitalism is a class system = dog eat dog, this is just the working class tax payer getting screwed by the super rich.
IFor a "capitalism is all" system of government, the US is proving heart-warmingly socialistic.
Even though they caused the credit crunch, somehow I don't think the upper classes will be in the dole queue anytime soon. -
Jeepers 12,584 posts
Seen 9 hours ago
Registered 7 years agomcmonkeyplc wrote:
Panic is never called for - but when you have hoary old figures like Greenspan saying this is the worst turmoil in living memory, it's a cause for a slight trembling of the lip.
Loss of income is very scary, but general public panic is not called for...yet. It does suck for those that work for Lehman Brothers and people in the financial services sector but all industries go through this. In the long term it's healthy to get rid of the dead wood.
I know that sounds like un-emotional economics and that is what it is. I too feel the pressure and fear losing my job. These things do happen though and it will happen again.
Sorry if I offended anyone.
And I don't think you can say that the direct effects of this collapse are limited to those in the financial services - the financial services are the markets that keep industry moving. If they seize up, the repercussions for any business that relies on debt to grow (or survive) are major.
Altho' I agree in some respect - the US govt shouldn't (can't?) attempt to prop these markets up. Short-term pain is better than long-term misery, and in this case, the US has been right (imo) to drop Lehmann's and cage-off Merril. Now we have to see whether they have to do the same for Morgan Stanley, Goldmann, etc. -
Lepperman 251 posts
Seen 3 weeks ago
Registered 6 years agoAnyone got any thoughts on Deutsche Bank? I'm thinking of taking a job with them (they've offered but I haven't signed yet). They seem to be one of the more robust big banks, but it is a bit worrying... -
Salaman 16,585 posts
Seen 9 hours ago
Registered 9 years agoI think they were also in some trouble with big losses last year. All the major German banks were. Not heard anything negative in a while though.
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mcmonkeyplc 35,847 posts
Seen 8 hours ago
Registered 10 years agoJeepers wrote:
Oh I agree completly about this effecting other industries too. Hence why I fear for my job too. I guess I dont think there is any point in getting shit scared because this was bound to happen at some point during our lives.mcmonkeyplc wrote:
Panic is never called for - but when you have hoary old figures like Greenspan saying this is the worst turmoil in living memory, it's a cause for a slight trembling of the lip.
Loss of income is very scary, but general public panic is not called for...yet. It does suck for those that work for Lehman Brothers and people in the financial services sector but all industries go through this. In the long term it's healthy to get rid of the dead wood.
I know that sounds like un-emotional economics and that is what it is. I too feel the pressure and fear losing my job. These things do happen though and it will happen again.
Sorry if I offended anyone.
And I don't think you can say that the direct effects of this collapse are limited to those in the financial services - the financial services are the markets that keep industry moving. If they seize up, the repercussions for any business that relies on debt to grow (or survive) are major.
Altho' I agree in some respect - the US govt shouldn't (can't?) attempt to prop these markets up. Short-term pain is better than long-term misery, and in this case, the US has been right (imo) to drop Lehmann's and cage-off Merril. Now we have to see whether they have to do the same for Morgan Stanley, Goldmann, etc.Come and get it cumslingers!
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PES_Fanboy 11,522 posts
Seen 1 month ago
Registered 8 years agoI heard there was panic in the streets of London over this.
Also panic in the streets of Birmingham.
Makes me wonder to myself
Could life ever be sane again?
/smacks arse with bunch of flowers -
TheBear 4,446 posts
Seen 14 hours ago
Registered 7 years agoBlimey, HBOS shares are in freefall. -
They were doing well last week, up about 11% IIRC. -
Um... FTSE100 has lost 250 since this morning... is that normal?
Where are you watching share prices Mr Bear?
Edit:
HBOS down 35%
Barclays down 19%
RBS down 16.5%
ENT.INNS down 11.3%
ICAP down 11.2%
(Dunno who the last two are) -
Mr Bear? His UID's 'TheBear'. Are you being extra polite today Lutz? If so, please address me as 'Mr BanjoMan'.
PSN: BanjoFett
XBL: Banjo Fett -
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