Comments on: What Will Happen to All Those Out of Work Investment Bankers? http://whatwoulddadsay.com/2008/12/what-will-happen-to-all-those-out-of-work-investment-bankers/?utm_source=rss&utm_medium=rss&utm_campaign=what-will-happen-to-all-those-out-of-work-investment-bankers Just another Diggings site Fri, 15 Jul 2011 13:42:41 +0000 hourly 1 By: Kirk Petersen http://whatwoulddadsay.com/2008/12/what-will-happen-to-all-those-out-of-work-investment-bankers/#comment-116586 Kirk Petersen Sat, 03 Jan 2009 15:04:26 +0000 http://blogs.jobdig.com/wwds/?p=2237#comment-116586 Investment bankers are very employable in other types of business or financial jobs. The people who really will suffer are the traders - they might as well start retraining as auto mechanics Investment bankers are very employable in other types of business or financial jobs. The people who really will suffer are the traders – they might as well start retraining as auto mechanics

]]> By: Corky http://whatwoulddadsay.com/2008/12/what-will-happen-to-all-those-out-of-work-investment-bankers/#comment-116533 Corky Tue, 30 Dec 2008 03:12:46 +0000 http://blogs.jobdig.com/wwds/?p=2237#comment-116533 ......before I get started on this, I want it to be understood that I am old as dirt and too old to be a Successful Entrepreneur but I'm not too old to know when I've been used and most (not all) of these now almost poor bankers are little more than users. Since I come from The Great Depression Generation it bugs me to think that my husband of 60 years and I have worked and saved for so many years and these poor babies have fiddled around and lost most of the money that our generation has contributed to their good living.....and now expect us to feel sorry for them. NOT IN MY LIFE TIME! A day or two ago I watched one poor fellow who decided that since he could no longer be a banker, he would just have to lower himself and become, of all things, a school teacher (even though it would mean a much simpler life style than he was accustomed to). I nearly barfed because if he teaches the way he banked, our generations to come do not have a chance in the world. My husband was a teacher for most of his adult life and I was a newspaper advertising supervisor and then reporter-photographer. We both did the work we did because we liked interacting with people, certainly not for the high pay....he taught them how to do things the right way and I made sure that people found out what they did the wrong way (much to their dismay). Said teacher needs my attention so I will get off my soap box for today. Corky ……before I get started on this, I want it to be understood that I am old as dirt and too old to be a Successful Entrepreneur but I’m not too old to know when I’ve been used and most (not all) of these now almost poor bankers are little more than users. Since I come from The Great Depression Generation it bugs me to think that my husband of 60 years and I have worked and saved for so many years and these poor babies have fiddled around and lost most of the money that our generation has contributed to their good living…..and now expect us to feel sorry for them. NOT IN MY LIFE TIME! A day or two ago I watched one poor fellow who decided that since he could no longer be a banker, he would just have to lower himself and become, of all things, a school teacher (even though it would mean a much simpler life style than he was accustomed to). I nearly barfed because if he teaches the way he banked, our generations to come do not have a chance in the world. My husband was a teacher for most of his adult life and I was a newspaper advertising supervisor and then reporter-photographer. We both did the work we did because we liked interacting with people, certainly not for the high pay….he taught them how to do things the right way and I made sure that people found out what they did the wrong way (much to their dismay). Said teacher needs my attention so I will get off my soap box for today.
Corky

]]> By: Mark McClure http://whatwoulddadsay.com/2008/12/what-will-happen-to-all-those-out-of-work-investment-bankers/#comment-116505 Mark McClure Thu, 25 Dec 2008 08:51:55 +0000 http://blogs.jobdig.com/wwds/?p=2237#comment-116505 @Eric - re the Forbes article. A great piece of copy writing by the good Doctor aimed at his target high next worth coaching market. Maybe Dan can comment on his branding approach ;-) @Eric – re the Forbes article. A great piece of copy writing by the good Doctor aimed at his target high next worth coaching market. Maybe Dan can comment on his branding approach ;-)

]]> By: wwds http://whatwoulddadsay.com/2008/12/what-will-happen-to-all-those-out-of-work-investment-bankers/#comment-116493 wwds Sat, 20 Dec 2008 14:59:15 +0000 http://blogs.jobdig.com/wwds/?p=2237#comment-116493 Eric...certainly you might be right. Also, some I have met have a fair amount of arrogance about their book learning, which might hinder them. Plus, as you know, contrary to what many think about startups, it is not glamorous work. It is just blasted hard to win customers. In my book, DIGYOURJOB, I have an entire chapter on the 100 things or attributes one should have to be one. All I AM saying is that there is a lot of brainpower that will need to find a place to park. After a sufficient period of grieving...I think they will jump in...some will fail, sure. But if this was an index fund you could buy, I would buy it...IF I had any spare cash. Good thought on your comment, I appreciate it. Eric…certainly you might be right. Also, some I have met have a fair amount of arrogance about their book learning, which might hinder them. Plus, as you know, contrary to what many think about startups, it is not glamorous work. It is just blasted hard to win customers. In my book, DIGYOURJOB, I have an entire chapter on the 100 things or attributes one should have to be one.
All I AM saying is that there is a lot of brainpower that will need to find a place to park. After a sufficient period of grieving…I think they will jump in…some will fail, sure. But if this was an index fund you could buy, I would buy it…IF I had any spare cash.
Good thought on your comment, I appreciate it.

]]> By: Eric Kramer http://whatwoulddadsay.com/2008/12/what-will-happen-to-all-those-out-of-work-investment-bankers/#comment-116489 Eric Kramer Sat, 20 Dec 2008 00:25:06 +0000 http://blogs.jobdig.com/wwds/?p=2237#comment-116489 G.L. I hope your thinking is correct. However, I am wondering how entrepreneurial these financial people are. As an entrepreneur, you know it takes a certain type of risk taking, roll-up-your-sleeves, begin at the bottom,type of person. They chose to be "Masters of the Universe" on Wall Street for a reason. Here is a disparaging article about Millennials and entrepreneurship http://preview.tinyurl.com/5twv4a. Having gone through DreamIt Ventures (http://www.dreamitventures.com) with a group of brilliant Millenial entrepreneurs I completely disagree with Berglas' assessment. The Millenials choosing entrepreneurial endeavors and creating entrepreneurial energy will transform the world. G.L.
I hope your thinking is correct. However, I am wondering how entrepreneurial these financial people are. As an entrepreneur, you know it takes a certain type of risk taking, roll-up-your-sleeves, begin at the bottom,type of person. They chose to be “Masters of the Universe” on Wall Street for a reason.

Here is a disparaging article about Millennials and entrepreneurship http://preview.tinyurl.com/5twv4a. Having gone through DreamIt Ventures (http://www.dreamitventures.com) with a group of brilliant Millenial entrepreneurs I completely disagree with Berglas’ assessment. The Millenials choosing entrepreneurial endeavors and creating entrepreneurial energy will transform the world.

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