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What happens to my job if Lehman Brothers Collapses and files for bankruptcy? Do i go into work tomorrow? ... My sympathies. It's time for our nation to earn ...
What happens to my job if Lehman Brothers Collapses and files for bankruptcy? Do i go into work tomorrow? ... My sympathies. It's time for our nation to earn ...
... old investment bank Lehman Brothers filed for bankruptcy Monday morning. Lehman's ... If I had it to do over, I'd stick my money ... mislead the nation into the Iraq war. Here's the ...
Q: What happens to my job if Lehman Brothers Collapses and files for bankruptcy? Do i go into work tomorrow? ... any stocks on Lehman Brothers but I do for Visa, but that's ...
Lehman will seek to place its parent company, Lehman Brothers Holdings, into bankruptcy protection ... Let's see what happens after next week's EIA report. (Do I hear ... rich, some go into ...
... happens to Lehman Brothers ... Brothers Goes into Bankruptcy ... do now since I’ve invested $10000 of my hard earned money in lehman’s minibonds. Really no heart to work today
None of us can say how it’s going to go tomorrow but ... IF ( a big IF) Lehman files for bankruptcy, THIS IS A CHANGE ... How much due diligence did Thain do before taking the Merrill job ...
Lehman Brothers files for Chapter 11 bankruptcy, while Bank of ... at Conglomerate do a nice job ... Lehman set to go into insolvency Wall Street Prepares for Potential Lehman Bankruptcy ...
I have just joined Lehman Brothers as a graduate this week and been there a year on contract. What happens to my job if a firm files for bankruptcy? Do i go into work tomorrow? Do we get some redundacy packages?
Paul 12:08 am on November 8, 2009 Permalink |
since the company went bankrupt,the government aren’t providing financial backstop, they ended up filing for protection under chapter 1 of u.s. bankruptcy. their stock is damn near worthless and no other company’s stepping up to save them, so this company fits the phrase which is known as "they’re going straight to hell in a handbasket". might wanna go holla at century 21 or another real estate company for a job. i hope you have some money stashed up for living without a job.
sephiroth902101 12:08 am on November 8, 2009 Permalink |
go to the hours you’re scheduled to go to work, once you make less pay then you normally get, collect unemployment and you will get unemployment till the amount you get runs dry, you might should be able to get unemployment 2 more times i think the 3rd time cause our country is in a very bad situation, we’ll be a 3rd world country soon, we’ll go to the east as illegal immigrants with styrofoam looking for work there
Ellie 12:08 am on November 8, 2009 Permalink |
Sorry about what happened. Join Goldman Sachs or Morgan Stanley.. they are supposed to be the only US I-banks which are going to survive the market turmoil. Goldman Sachs have almost no real losses and any rumours to the contrary are b.s.
voterperson 12:08 am on November 8, 2009 Permalink |
hate to tell you but today they collapsed. 20,000 people will lose their jobs. Not only that Merrill Lynch is now taken over by Bank of America. The recession is flow blown. I just hope we do not have a depression. This is really serious.
Jess T 12:08 am on November 8, 2009 Permalink |
So sorry. You know the rest.
The scary thing is that I worked for Lehman in Midtown NY on 53rd this year – as a temp-to-perm for 3 months. I busted my a$$ for my dept., because I knew that I didn’t have their degrees or biz savvy. I worked hard – I interviewed for my position with 7 others, and they went with an internal candidate from another dept. I could swear they did it to save the finder’s fee – but who knows. I remember that for every nice person there, there were 4 that were total jerks.
I finally landed someplace else after a couple of months of searching and love my job. But today – for the first time ever – I brownosed like a champ – and I’m not afraid to say it. There is going to be a flooding in the NYC market of really talented people – and this is no time to get cocky.
My sympathies. It’s time for our nation to earn things the old fashioned way – we have been playing too fast and loose for too many years and putting value on the productivity of our working class and playing them like poker chips. And Lehman and the rest are crapping out.
My advice – kids – go back to school and go do something you love – not because it makes you money – but because you like it. Too many went to top schools and loaned their a$$es out – so they can come to a fabled company with bad balance sheets.
This is only the beginning.
i_m_f_2009 12:08 am on November 8, 2009 Permalink |
This time was fortold in the Bible thousands of years ago.
James Chapter 5 verse 1,3
1] Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
[2] Your riches are corrupted, and your garments are motheaten.
[3] Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
This is just the beginning of trouble. This problem was created in the 1970’s and can only get worse,…. much worse.
Serra B 12:08 am on November 8, 2009 Permalink |
sorry but it filed for bankruptcy.
NYC_Since_the_90s 12:08 am on November 8, 2009 Permalink |
you go to work if you want to keep getting paid. If you stop going to work, you will get fired and will NOT receive unemployment.
The company still exists. You should go and do nothing. But not going is the same as quitting. You will NOT get any special money, but employee wages have the HIGHEST claim of all debtors. So you will get paid edntil the company no longer exists (or they fire you)
I Told You SO 12:08 am on November 8, 2009 Permalink |
Sorry to say, but all you get a welcome to Bush’s America.
Move out of the US, find your green pastures elsewhere.
Andrew E 12:08 am on November 8, 2009 Permalink |
You dont get a thing bro, I have been through this before. You need to start looking for other Firms on more stable ground. My company is looking for people with your backround. Email me for more details. drew100kdiamond@yahoo.com
smarties28 12:08 am on November 8, 2009 Permalink |
Sorry but when Lehman brothers collapses you will lose your job. They are losing billions of dollars so you are unlikely to get any redundancy payments.
There are many more collapses to follow, so if you are considering a financial services career, I suggest you look outside of America to financial institutions that have minimal exposure to American debt.
You should ring your boss because he or she will know what to do. (hopefully) If it collapses the feds and IRS will prevent you even stepping into the building so make sure you are there early to collect your personal affects before they arrive.
Curious 12:08 am on November 8, 2009 Permalink |
I’m sorry, but your future with the company is over.
chicagodude420 12:08 am on November 8, 2009 Permalink |
A buddy of mine worked for Bennigans, when they went out of business he didn’t even get paid for his previous two weeks of work. THey had a cool manager who let them clear out the place of food and equipment so they at least walked away with something. Don’t go to work you won’t be paid for going.