eFinancialCareers

If you think you’re having problems finding a job, spare a thought for poor Chuck Casano. Unearthed by the Sunday Times, Chuck, an MBA graduate from Instituto de Empresa, has apparently had no fewer than 100 interviews at 40 firms on Wall Street in the past 10 months.

On the back of this, he’s received six disappearing job offers (from Bear Stearns, Lehman Brothers, HSBC, Morgan Stanley, GFI Group and Market Access). Bear Stearns and Lehman Brothers no longer exist; Morgan Stanley and GFI got cold feet when markets turned; Chuck’s HSBC contact ‘retired’ before he could hire him; and GFI rejected him. Chuck seems in danger of taking it personally: “I feel like Wall Street is going to start blaming me for all its problems,” he says.

UBS will pay “solid bonuses” which will be “inevitably smaller”. (Reuters)

“…the government should call it a public-works project and hire all the former employees in the finance industry who’ve lost their jobs.” (Economist)

Bonuses, once paid, cannot legally be clawed back. (The Times)

JPMorgan “brought down” Lehman Brothers. (The Times)

“It is highly likely [or a certainty on my planet] that J.P. Morgan was INSOLVENT and was “BAILED OUT” last Monday, September 15, to the tune of 138 billion dollars.” (Financial Sense)

Lehman may take 10 years to wind up. (Independent)

Lehman bankers can’t sign on without P45s. ( The Times)

Fuld fine: wife made fortune in art. (The Times)

“By my count, the Fed is now providing about $1.25 trillion in liquidity support to the global financial system.” (Followthemoney)

The $450bn bailout. (Alphaville)

Leverage of 50 times at Deutsche Bank and its liabilities, “at around €2 trillion, are higher than those of Fannie Mae”. (Guardian)

Credit Suisse bankers “talking about stockpiling tinned food”. (The Times)

Pentalingual LSE graduates can’t get jobs. (The Times)

“We will have to eat haddock and Icelandic lamb and forget these imports of goose livers and Japanese soy sauce.” (Guardian)