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I forgot to link and make fun of this the other day, but among the people I have sympathy for in this crisis, the eager-beaver i-bankers who used their elite educations and buckets of personal and genetic privilege to fill wheelbarrows with money so they could buy a Manhattan loft and outfit it with a Viking Range are not high on the list.
“The business is going to change,” said Ms. Wong, whose position selling mortgage-backed securities for UBS was eliminated in the spring. “There are just going to be far fewer people doing this, and far fewer clients to take out. Even if you do have clients to take out, you’re not going to be spending as much out. This is definitely going to suck the fun out of the industry.”Cry me a fucking river. Then give the American taxpayer the deed to it.