Slash and burn baby!!! I fucking love it. McDonald's and Wendy's need fry cooks, so send those bastards over!!!!

Embrace the crash.
Robert Rubin co-architect of the coming depression still has *his* job........oh well he has more obligations...and vacations.
Say hi to the clintons bob.

Unfortunately they will slash the people who actually do the work and the people who do a good job for the customer. Its the Aholes and over paid dipshits that will stay employed. And that doesnt help make the company any better.

I can personally suggest the firing of one Merrill Lynch personal financial adviser who should have been drawn and quartered, fired and never allowed to work in any job that handles money for the rest of his life back when he lost a ship load of my money, and all he would do when I begged him to move it someplace safe was respond with stupid cliche's like " I see the glass as half full", while my money drained like an open tap. And when I wrote Merrill Lynch to complain about it, they responded that he had done nothing wrong because I never told him where I wanted my money moved, how to do it, or how much and when I wanted it done.
I responded to that as, If I knew all that, I wouldnt have hired a Financial Adviser.
needless to say, the adviser made a killing on fee's , I lost over 150 grand in less than 2 months, and I pulled the rest of my money from Merrill Lynch and will never , ever go to them again, or have anything nice to say about them.

What about all those bonuses? I guess the preverbal little guy is out of that mix. The big money decision makers always get the bonuses and the workers get the shaft, this is why the Japanese are kicking the US auto industry"s ass. The arrogant jerk running Home Depot who was reasonable for a 17% drop in sales in a booming housing market had to be bought out at the tune of millions of dollars, for basically failure. Now the same fool is running Chrysler. When is a CEO going to just get cut lose, like the rest of us? Few of these guys are worth their salaries, let along their contract buyouts.

Americas' new economy : Trading pieces of paper !

""Twenty"five years ago, financials accounted for only about 6 percent of the earnings of the 500 giant corporations that compose the Standard & Poor"s 500 Stock Index. Ten years ago, the financial sector share had risen to 20 percent. And last year, the financial sector profits had soared to an all-time high of 27 percent. If we add the earnings of the financial affiliates of our giant manufacturers (think General Electric Capital, for example, or the auto financing arms of General Motors and Ford) to this total, financial earnings now likely exceed 33 percent of the earnings of the S&P 500. While that share may or may not be enough, it seems likely to continue to grow, at least for a while.""

John Bogle - founder of Vaanguard ...

Yes my friends the US economy is all about turning lead into gold and it will work just about as well.

The New American economy : trading pieces of paper !

""Twenty"five years ago, financials accounted for only about 6 percent of the earnings of the 500 giant corporations that compose the Standard & Poor"s 500 Stock Index. Ten years ago, the financial sector share had risen to 20 percent. And last year, the financial sector profits had soared to an all-time high of 27 percent. If we add the earnings of the financial affiliates of our giant manufacturers (think General Electric Capital, for example, or the auto financing arms of General Motors and Ford) to this total, financial earnings now likely exceed 33 percent of the earnings of the S&P 500. While that share may or may not be enough, it seems likely to continue to grow, at least for a while. "" John Bogle - founder of Vanguard

Yep, in the last 25 years the financial sector grew 600% while our "real" industrial economy shrank ... This is a recipe for national poverty.

We'll never see a Merrill Lynch go out of business over stuff like this...they fire people, they hire new ones, then it's back to work, mining in the same vein...I'll never hold another credit card, period.

Tent, 400 dollars...

This number of layoffs is almost as many new jobs that were gained last month.

All is well?

The New Dilemma. How do we salvage a few cents out of all those bails of worthless paper.

Happy New Year! Welcome to the "service economy".

To all those people working at the banks: Try like blazes to take out a big loan from where you work.

If you don't get it, polish your resume. If you do, make sure you often mention how getting laid off would cause you to default on the note your employer holds.