I’m not normally a fan of any doctrine or restriction that stifles competition. I’m also not an ideologue and I am not interested in watching the world burn in the name of unfettered free markets. I think there’s nothing wrong with striving for some sort of balance in business for the benefit of everyone, even…
Mayor Bloomberg
Retraining Investment Bankers in New York City
According to a story in the New York Times, Mayor Michael Bloomberg plans to stem the loss of talent and jobs from the ailing financial sector by retraining investment bankers, similar to what Detroit has done with it’s laid-off auto workers. With an expected 65,000 total jobs to be lost on Wall Street, will Bloomberg’s…
