OK- I could not resist getting into the class blog with a posting. Monday, Nov 3rds New York Times columnist, Dan Barry, goes behind the scenes with NYSE Floor Brokers. Learn about how their jobs have changed: information technology, 9/11 and the current tumult in the markets can make the day, well, a little lonely. What I suspect many of you will find interesting, is the educational level of these workers. These are not newly minted college graduates. These men (yes, still mostly men) rose up from the running positions at the broker firms. This is not your nattily dressed banker but the folks who can "feel" the market. Just think about how much we discussed program trading, decision modeling. These tough guys are really the touchy-feely folks on Wall St.
Financial Foot Soldiers, Feeling the World's Weight by Dan Barry; New York Times 11/3/2008
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