Everywhere but Goldman, it appears.
Where did all the bankers from collapsed institutions go?
11–20 of 32 posts
Re: Where did all the bankers from collapsed institutions go?
#12Perhaps this pretty graphic is true for at most 15% of the 30000 people laid off from Bear Stearns and Lehman but it's certainly not true for the all 30000 people who were working at those banks because the headcount at the remaining banks has not risen accordingly. It's entirely possible that not everyone on the planet has a LinkedIn profile.
Re: Where did all the bankers from collapsed institutions go?
#13Everywhere but Goldman, it appears.
If Goldman had wanted them they'd already be there.
Re: Where did all the bankers from collapsed institutions go?
#14So, this ask the question; Where did the people that caused the collapse go ?
They stayed at Goldman.
Re: Where did all the bankers from collapsed institutions go?
#15I'm not sure if the graphic is just confusing, useless or both.
They appear to say that BoA and Nomura benefited the most, followed by Barclay's. But the width of the lines to Barclay are the the biggest of all. As far as I can tell from the (very few) numbers they provided, these chart has no quantitative link back to the data.
I really hope I'm just missing something, otherwise this is sad coming from 'Data Scientists'.
Can anyone enlighten me?
Re: Where did all the bankers from collapsed institutions go?
#16"... Barclays was by far the biggest beneficiary, scooping up 10% of the laid off talent ..."
Barclays was also laying off (UK). Maybe it was strategic re-investment in the US.
Re: Where did all the bankers from collapsed institutions go?
#17What's the movement from Bear Sterns to Merrill Lynch imply? It's the only one linking two failed entities..
Re: Where did all the bankers from collapsed institutions go?
#18I just want to note how delighted I am by these "data porn" posts that show up every once in a while. The last notable one I remember was OKCupid's analysis of communication success correlated with user photograph traits. Is there a site devoted to Tufteian data visualizations and analyses like this? I'd bookmark the hell out of its RSS feed.
Personally, I rely on http://chartporn.org/ for my daily dose of data visualization.
About: A collection of interesting charts, tables, maps, and interactive data toys -- with a focus on economics and graphic design. Enormous thanks to the bloggers who help find all this stuff, and the wonderful researchers, analysts, and graphic artists who create them.
Re: Where did all the bankers from collapsed institutions go?
#19Perhaps this pretty graphic is true for at most 15% of the 30000 people laid off from Bear Stearns and Lehman but it's certainly not true for the all 30000 people who were working at those banks because the headcount at the remaining banks has not risen accordingly. It's entirely possible that not everyone on the planet has a LinkedIn profile.
It's also likely that the "best" people at these companies (in terms of staying on top of their career, keeping contacts, etc.) are the ones using LinkedIn.
Re: Where did all the bankers from collapsed institutions go?
#20What's the movement from Bear Sterns to Merrill Lynch imply? It's the only one linking two failed entities..
Merrill Lynch still sort of exists, in the sense that people will still say they work there. They have officially rebranded to "Bank of America Merrill Lynch", but I imagine people that were originally hired by ML will still say they work for ML and keep their LinkedIn profiles updated accordingly. (I'm on the other side, and I tell people I work for the Bank of America rather than "Bank of America Merrill Lynch", because that's a mouthful, and frankly, not a very creative name.)