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job losses in nyc

Started by notadmin
almost 17 years ago
Posts: 3835
Member since: Jul 2008
Discussion about
Hedge Funds May Cut a Record 20,000 Jobs as Losses Erode Fees http://www.bloomberg.com/apps/news?pid=20601087&sid=a8uLPVL9X8yY&refer=home by now we also know that law firms are firing. what about consulting firms?
Response by Special_K
almost 17 years ago
Posts: 638
Member since: Aug 2008

it's all a charade perpetuated by the man, highly doubt there will be any job losses in new york city!

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

Total number is 30k. wowzuh. But, goes hand in hand with the "hedge fund assets down 50%" numbers posted here a few months ago.

Can you imagine what Greenwich is like these days? Last time I was there, saw some ass with HEDGE1 as the plate on his mammoth SUV. Guess he'll be changing that one.

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Response by OTNYC
almost 17 years ago
Posts: 547
Member since: Feb 2009

Apparently Greenwich, Darien, New Canaan, etc. are all suffering. Foreclosures, fire sales, short sales, are pretty common. Wow...

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Response by petrfitz
almost 17 years ago
Posts: 2533
Member since: Mar 2008

thank God these hedge fund a holes are broke and leaving the city. NY will become such a nice place to live again!

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Response by lo888
almost 17 years ago
Posts: 566
Member since: Jul 2008

petrfitz - don't be so sure, some other brand of a hole will crop soon enough.

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

"thank God these hedge fund a holes are broke and leaving the city. NY will become such a nice place to live again!"

And all real estate at fire sale prices.... so nice.

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Response by mutombonyc
almost 17 years ago
Posts: 2468
Member since: Dec 2008

fire sale aka I made on offer at another apt.

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

i found this today... amusing... its all connected.

>> Madoff bled hedge funds too
A full 20% of the hedging shops that blew up last year were feeder funds for Bernie’s Ponzi scheme that thought they were overseeing $16 billion. They weren’t.
http://www.crainsnewyork.com/article/20090318/FREE/903189977/1057

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