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It's the end of the world as we know it....
Everyone take cover. It's so weird to me that people outside of the industry don't get that it's a big freaking deal when an investment bank like Lehman goes down. Hello? Do you not get that investment banks serve a purpose? They're not just big useless behemoths that make a ton of money.... Labels: all financial like
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they arent big and useless
they are big and serve a purpose but they still make alot of of money that...may...or maynot be deserved................. very few professions in this world that allows someone to get filthy rich, by being a middleman who essentially....adds minimal value
Agreed...to an extent. If you think people at investment banks don't work their a$$es off (including the higher ups, although I can't speak for people at the CEO level) you're kidding yourself.
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