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Before the fall...

lehman.jpg

Back in January, Lehman Bros. wanted the best and brightest to answer the call.

Those hirings were short lived.

Today, "I'm headed to Lehman, to see if I can get a great deal on office furniture."

And the economic news keeps getting worse.

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11 Comments

Baier....had to call you on the January 2007 detail in the pic from above...
on the other hand, it's ironic that it was an interview skills workshop....you think any current employees went to it?

I was hoping the real world of the demolished economy would not sneak in here...ah well....

said sarcastic one on September 15, 2008 1:23 PM.

Damn SO, I need to do better photo editing so my lies stand up better. I'll never work for a political campaign I guess.

Good catch.

said Baierman on September 15, 2008 1:25 PM.

Gracias...
just practicing my future discovery/courtroom skills...

On the other page you do have a nice opportunity to "edit" a story about Condi and a three way....

said sarcastic one on September 15, 2008 1:32 PM.

Ah, that's nothing. I worked for WorldCom when it became the biggest bankruptcy in U.S. history. Former honcho Bernie Ebbers got like 25 years.

Beat that punks! You kids think you know bankruptcies. Bah!

said E on September 15, 2008 1:41 PM.

Oops. Just saw they beat us. Dman.

said E on September 15, 2008 2:33 PM.

Your economic news keeps getting ME worse.

All the money I've put on the stock market is going down the drain... headed by the numbers coming from the USA, the stock market here is shaking... And if I just sell now I'm getting a loss without waiting to see if things will get better.
My money is going on a rollercoaster... Just hope it'll end up in the high side...

said Leonardo Carvalho on September 15, 2008 4:19 PM.

Leo - It'll recover, but it will take a few years for all this to shake out in the US. This time next year, things should be looking much better ... and which candidate is elected President will have nothing to do with it.

We have more to go. The hedge funds are systematically targeting certain institutions and taking them out. They have the power to do it, and making money on the other side of that trade is the only way they can recover their losses for the year and justify their fees. Poor results in hedge funds are not readily accepted. Profit at all cost, else the entire hedge fund industry could collapse. (As it stands, it is likely there will still be a few large hedge funds go by the end of the year.) They seem to be hitting WaMu and Citibank now, with Wachovia next. Goldman better have some good words tomorrow, else they will get smacked as well.

said Tim on September 15, 2008 9:35 PM.

Funny, I don't see Lehman over at the fail blog. Those boys are getting slow.

said Brother Bill on September 15, 2008 10:48 PM.

Do any other americans feel like slim pickens riding the bomb in at the end of Dr. Strangelove?

said Sheriff Pablo on September 15, 2008 11:35 PM.

Pablo, That's in the next scene.

We commence filming that part of the script on November 5th

said chad on September 15, 2008 11:57 PM.

For good reading along these lines, Frank Partnoy - Fiasco and Infectious Greed were very interesting insider accounts of the financial industy and such shenanigans. Emphasis on good reading and insider.

said E on September 16, 2008 1:02 AM.
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