Wall Street is shriking!

Columbia Business School has a strong connection with Wall Street, the Financial Sector and Investment Banking.
The recent news on Lehman Brothers, Merril Lynch and AIG have been turning up the heat at the school. The impact of this crisis is present in many ways:
- former MBA students that are unemployed
- perspective for a job in the financial services is harder
- the other areas of recruitment are also getting harder because people from the financial services are trying them
- jobs for international people are also getting harder, because the USA is very protectionist

Today the Dean of the School made a speech to talk about his assessment of the situation, and to talk about alternatives that we should consider for recruiting.

Let's just hope the situation does not get any worse, and that things recover soon.

Rui

PS - I actually had an email from Lehman Brothers, sent last week, to invite me for their corporate presentation at CBS. Not gonna happen...