The Inevitable Wall Street Brain Drain

April 12, 2009
By 1 comment

You had to see this one coming:

Top bankers have been leaving Goldman Sachs, Morgan Stanley, Citigroup and others in rising numbers to join banks that do not face tighter regulation, including foreign banks, or start-up companies eager to build themselves into tomorrow’s financial powerhouses. Others are leaving because of culture clashes at merging companies, like Bank of America and Merrill Lynch, and still others are simply retiring early.

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One Response to The Inevitable Wall Street Brain Drain

  1. Daneen on April 13, 2009 at 12:12 am

    There are “shrugs” that aren’t even making the news. I’m hearing these at work; key people. Rapid. Glad to see it. Hope it impacts everything the left/B.O. is trying to do.

    Like or Dislike: Thumb up 0 Thumb down 0

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