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Text size [+][-]  Tuesday February 9 2010GLOBAL EDITION

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13 Apr 2009 13:41

Evaporated milk round

Context News

US financial sector employment decreased by 43,000 in March according to the US Bureau of Labor Statistics. Employment in the sector peaked in December 2006. Since then, 495,000 jobs have been lost, according to the BLS.

Business school students face bleak prospects. Landing a Wall Street gig looks difficult - for the same reason it’s hard to place new asset-backed debt. A shrinking and cautious finance industry means lots of already seasoned assets are available at cheap prices.

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More stories by:  Robert Cyran






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