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Wall Streeters taking the hits hard
If you've been around long enough, you've seen this sort of thing before. When the bubble bursts, the job cuts come willy nilly, stealthily or not. The media latches on, and pretty soon we see the obligatory articles quoting psychologists who have seen an uptick in business from laid-off, reeling Wall Streeters. This time around, the anger is raw and real. This New York Times article is a good read. It's tough getting real work done when you know the axe is swinging. Frankly, we all react in different ways. Some will suck it up. Others will crumble. Of course, Wall Street "happens" in booms and busts. It sounds like a cliché, but you've got to somehow turn it to your advantage. Easier said than done, I know.
For more:
- here's the New York Times article
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