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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (14597)	8/25/2013 2:53:28 AM
From: NOW	Read Replies (1) \| Respond to of 33421

so if you had to guess, you see us going soon to 1525 then down to 1050 then up to 1600 in the B; where will the big C down take us: is this a flat?

To: ajtj99 who wrote (14597)	8/25/2013 9:45:24 AM
From: Pogeu Mahone	1 Recommendation Recommended By Jon Koplik Respond to of 33421

'Grueling' hours at banks in focus after intern death Matt Clinch and Arjun Kharpal, CNBC 8:03 a.m. EDT August 25, 2013 The widespread culture of long working hours and all-nighters for banking interns has been criticized after the death of a 21-year-old intern last week, with recruiters and human resources groups calling for changes to guidelines and working practices. Moritz Erhardt collapsed at his London home in Bethnal Green on Thursday, after reportedly working until 6 a.m. for three days in a row at Bank of America Merrill Lynch's (BofA) investment banking division. The cause of death is unknown and some newspapers reported that he suffered from epilepsy. But in the wake of Erhardt's death, a group that advises graduates lashed out at employers who allow young interns to work punishing hours. In addition, recruitment agencies that deal specifically with interns called for an independent body to support young people working in the finance industry. "Internships should not be an initiation process of low pay, tortuous hours and tasks designed to push the young person to their limits, even of health. They should not be exploited because they're the intern," said Felix Mitchell, co-founder and director of Instant Impact, an intern recruitment agency in London.