05/14/2009 05:12 am ET | Updated May 25, 2011

Wall Street Refugees Seek Work

Lots of people cope with tough times by quaffing a cold beer or two. Drew Weinstein hopes folks will soon reach for one of his.

Mr. Weinstein, who last October lost his job as a research analyst at investment bank Cowen & Co., has said good-bye to Wall Street to take a shot at starting Magellanic Brewery. His plan is to hire other breweries to make his beer, a light lager he describes as "a better Budweiser."

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