Notices
944 Turbo and Turbo-S Forum 1982-1991
Sponsored by:
Sponsored by: Clore Automotive

Laid Off AGAIN

Thread Tools
 
Search this Thread
 
Old 01-31-2008, 05:52 PM
  #1  
jacksonrw
Three Wheelin'
Thread Starter
 
jacksonrw's Avatar
 
Join Date: May 2003
Location: Houston and Austin
Posts: 1,423
Likes: 0
Received 0 Likes on 0 Posts
Default Laid Off AGAIN

Here is the press release

Ok...I wish it wouldn't have happened, but it did. I was laid off again (Credit Suisse 18 months ago) by Morgan Stanley who is going through a huge restructuring. Having been at the firm only 18 months I was very vulnerable. Key word VERY.

http://money.cnn.com/news/newsfeeds/...3-22503609.htm

please keep us in your prayers and thoughts and please let me know if you can forward any good leads

thanks guys
richard
Old 01-31-2008, 06:01 PM
  #2  
RPHARRIS
Racer
 
RPHARRIS's Avatar
 
Join Date: May 2007
Posts: 491
Likes: 0
Received 0 Likes on 0 Posts
Default

My father's business was involved in a pretty serious lawsuit with Morgan Stanley a few years back. At the time, there were some serious hot-heads managing that company.
Old 01-31-2008, 06:02 PM
  #3  
RPHARRIS
Racer
 
RPHARRIS's Avatar
 
Join Date: May 2007
Posts: 491
Likes: 0
Received 0 Likes on 0 Posts
Default

regardless, best of luck to you!
Old 01-31-2008, 06:08 PM
  #4  
ehall
Addict
Lifetime Rennlist
Member
 
ehall's Avatar
 
Join Date: Jun 2003
Location: long gone.....
Posts: 17,413
Likes: 0
Received 1 Like on 1 Post
Default

Good luck to ya. I presume you're either an analyst or planner, right? It may be wise to go a different direction in the short term. I'm afraid the economy is going to contract for a while, especially in Banking.
Old 01-31-2008, 06:28 PM
  #5  
jacksonrw
Three Wheelin'
Thread Starter
 
jacksonrw's Avatar
 
Join Date: May 2003
Location: Houston and Austin
Posts: 1,423
Likes: 0
Received 0 Likes on 0 Posts
Default

Thanks guys.
I raise money for a living on the institutional and retail markets....yep the markets could be better

i sell one of the most sophisticated intangibles to one of the most unsophisticated and saturated markets. I have been doing it for over 20 years and recognized as one of the top in my field. If I can do that that successfully, I can do it in a variety of industries.

Thanks for the encouragement
Old 01-31-2008, 06:31 PM
  #6  
ehall
Addict
Lifetime Rennlist
Member
 
ehall's Avatar
 
Join Date: Jun 2003
Location: long gone.....
Posts: 17,413
Likes: 0
Received 1 Like on 1 Post
Default

Yep. Sounds like you have a pretty damned unique skill set. There is always someone outthere looking to raise capital!
Old 01-31-2008, 07:13 PM
  #7  
tommo951
Burning Brakes
 
tommo951's Avatar
 
Join Date: Jul 2004
Location: Kent, UK
Posts: 1,096
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by jacksonrw
Thanks guys.
I raise money for a living on the institutional and retail markets....yep the markets could be better

i sell one of the most sophisticated intangibles to one of the most unsophisticated and saturated markets. I have been doing it for over 20 years and recognized as one of the top in my field. If I can do that that successfully, I can do it in a variety of industries.

Thanks for the encouragement
If all else fails become a management consultant and help SME's raise finance for a stake in the business.
I used to work for Merrill Lynch & then JP Morgan before the Chase merger so moved on to Deutsche Bank and got totally fed up with the institutions and left the city. Never looked back. Have faith in yourself!
Old 01-31-2008, 07:19 PM
  #8  
jacksonrw
Three Wheelin'
Thread Starter
 
jacksonrw's Avatar
 
Join Date: May 2003
Location: Houston and Austin
Posts: 1,423
Likes: 0
Received 0 Likes on 0 Posts
Default

I would love to go independent. Given this being the second one in 2 years and my oldest hitting college in August, I don't really have much choice but to plug in and work the best I can for them and hopefully a great employer.

Yep Wall Street is getting more and more and more difficult to work in. I remain hopefully optimistic and confident.

you guys rock
Old 01-31-2008, 07:22 PM
  #9  
luckett
Three Wheelin'
 
luckett's Avatar
 
Join Date: Jul 2001
Location: San Francisco, CA Porsche: '92 968 Blk/Cashmere
Posts: 1,699
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by jacksonrw
i sell one of the most sophisticated intangibles to one of the most unsophisticated and saturated markets.
So you sell barrier options on CDO equity tranches to grandmas?
Old 01-31-2008, 07:25 PM
  #10  
reno808
Rennlist Member
 
reno808's Avatar
 
Join Date: Mar 2005
Location: In the garage trying to keep boost down
Posts: 8,809
Likes: 0
Received 0 Likes on 0 Posts
Default

goooooood luck my friend to bad you live in TX my GF works for one of the top hedge fund co. in CT. She is in the hiring dept so she could pushed up your resume. GOOD luck once again i feel for you
Old 01-31-2008, 07:29 PM
  #11  
reno808
Rennlist Member
 
reno808's Avatar
 
Join Date: Mar 2005
Location: In the garage trying to keep boost down
Posts: 8,809
Likes: 0
Received 0 Likes on 0 Posts
Default

http://hotjobs.yahoo.com/career-arti...t_a_layoff-221
Old 01-31-2008, 07:33 PM
  #12  
jacksonrw
Three Wheelin'
Thread Starter
 
jacksonrw's Avatar
 
Join Date: May 2003
Location: Houston and Austin
Posts: 1,423
Likes: 0
Received 0 Likes on 0 Posts
Default

great stuff
thank you
I did the best and will continue doing so
Old 01-31-2008, 08:34 PM
  #13  
awilson40
Three Wheelin'
 
awilson40's Avatar
 
Join Date: Jun 2001
Location: Winterville, NC
Posts: 1,688
Likes: 0
Received 0 Likes on 0 Posts
Default

Good luck to ya. My plant was on again, off again for 2 years. Talk about a ride, well, they finally decided to close last spring and I just finished moving the final line and go in tomorrow to get my severance package.
I'm lucky because of all the time I had to plan.
Hang in there , the job market is tough but not impossible.
Old 01-31-2008, 09:03 PM
  #14  
jacksonrw
Three Wheelin'
Thread Starter
 
jacksonrw's Avatar
 
Join Date: May 2003
Location: Houston and Austin
Posts: 1,423
Likes: 0
Received 0 Likes on 0 Posts
Default

you will be in my prayers buddy
Old 01-31-2008, 09:07 PM
  #15  
Got Me a Porsha
Racer
 
Got Me a Porsha's Avatar
 
Join Date: Nov 2003
Location: Arizona
Posts: 358
Likes: 0
Received 0 Likes on 0 Posts
Default

Man these are some hard times! I wish you luck in finding something soon.

Thanks to our country's generosity with employment, I have given one engineering job to china, one to india, one to mexico, and am now working on sending my current aerospace tech position to mexico.

When are we going to take our country back?


Quick Reply: Laid Off AGAIN



All times are GMT -3. The time now is 05:18 AM.