"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Monday, September 27, 2010

Morgan Stanley implements a hiring freeze...Profit drought on Wall Street

Charlie Gaspario reports that Morgan Stanley has implmented a hiring freeze. Profit Drought on Wall Street is cited as the reason. The poor bailed banks are simply not raking in the cash due to anemic stock market trading volumes. Does the hiring freeze lead to layoffs?

What goes around comes around!!

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