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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (42821)	11/16/2008 2:55:46 PM
From: TobagoJack	Respond to of 217867

i figure 3rd quarter 2009 is when the show switches tunes against the usd just in in-tray player 1 The HF industry is done for Assets in that allocation will go back to where they were 10 yrs ago player 2 HSBC may cut 300-400 Hong Kong jobs by Monday marketwatch.com{58D9EF93-B943-4146-8F4A-B61902E0A752} player 3 spoke to credit suisse special-ops leader, and there would be substantial cuts in hkg office by january, and the fun around the company is to send e-mails to one another to see whose e-mail no longer functions player 4 Spoke to some citi deep throats 1) Expect massive cuts mid-week, potentially very outsized at the new fringes of empire… Australia , Japan … 2) Cuts recently have left staff with $9 stock (from $40) and only local severance packages, while many staff’s pension plan -50% from stocks 3) Do note some sr guys did buy some of their stock this week...(see stock exchange disclosures) 4) Some departments in Asia , which has been protected so far, could see 20+% cuts 5) I am betting economics department, a legacy mismanaged department, gets cut 50% or more 6) New Citi mgt on 50Floor Citibank in HK/Asia has grown the size of their offices while talking cuts …few believe they are cutting back their own 7) Recently they ordered a new expensive video link system…Only works for a few countries and is no better than old one 8) New big man is Ajay Banga 9) Former big man, Bob Morse, who enjoyed his approx US$30,000/mth house rental from Citi is supposed to have moved to the 25F Citibank on his 1-yr cover after leaving Citi player 5 What is the average income (including bonuses) of a laid off work from a Wall Street related job? Are they finding employment? If yes, are they at the same income level or are they now “under employed”? I think upcoming employment statistics is subjected to interpretation, much more than usual. player 4 Jr analyst 150-300k total comp! ... But many support staff on regular salaries xcept used to getting a not too small bonus ... (For many industries) ... But think of hedgies this year...in some ways tougher. ... My view has been I can deliver a similar product for half to a quarter my previous take home.