Opinion

Felix Salmon

Tuesday links are fated to end

By Felix Salmon
August 5, 2009

Charles Gwathmey, 1938-2009

Does BusinessWeek.com really get as much as $200 CPM? I doubt it.

Schumer says Schapiro told him the SEC is going to ban flash trading

Gabe Snyder on how WaPo dooms itself by being way too boring

James Kwak weighs in on why community bankers shouldn’t be afraid of CFPA

How stock options cause recessions

Comments
5 comments so far | RSS Comments RSS

Felix,

Question for you. If you click on the link below, it’s report by the ADP that the private sector lost 371,000 jobs in July which is the smallest drop since last October. My question is where are these jobs getting cut from? I work in private equity and have a pretty big network among the various new york banks etc. and it seems like the job cutting is done in the financial industry. I also have a huge extended family spread across the US and though many of them did lose their jobs, they are all now thankfully employed so which companies/industries are cutting jobs now?

http://www.bizjournals.com/houston/stori es/2009/08/03/daily25.html

Posted by Ben Hogan | Report as abusive
 

ben hogan:

jobs are still being lost in mfg, other than military contracts:
http://www.nytimes.com/2009/08/04/busine ss/04gm.html?_r=1&ref=business

 

rjs,

Thank you for the response. I guess it’s the midwestern states that are getting hit the hardest at this point.

Posted by Ben Hogan | Report as abusive
 

Good follow up article, looks like the southeast is also getting hit pretty hard with job cuts.

http://www.google.com/hostednews/ap/arti cle/ALeqM5gNiyJ905Ho0Ur96V2TQhsBX19lGwD9 9TCVA80

Posted by Ben Hogan | Report as abusive
 

I’d appreciate clarification in your last link.

Those are Employee stock options that represent a problem; not exchange traded options.

Thanks

 

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