Wall Street Braces for Huge Job Losses

On the day that two investment banks bid a historic goodbye to Wall Street, employees at one of the firms were treated to some inescapable irony: Just feet away from the Manhattan headquarters of Merrill Lynch, a luxury car exhibition had set up shop in the New York Financial Center's Winter Garden. As they headed into work Monday morning, some Merrill employees saw their faces reflected in the windows of Rolls Royces and Jaguars. "Can you believe it?" one Merrill employee asked. The cars, she...Full Story
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