"I know it sounds ridiculous to Main Street, but it's a hardship," says Gary Goldstein, who runs Whitney Group, a financial-services job-search firm in New York. "So firms are trying to help out any way they can."
Loans are the most popular form of financial aid for traders and investment bankers. Gustavo Dolfino, a senior managing director at recruiting firm Accretive Solutions, says loans "are happening all over" Wall Street. They include a type of bridge loan made to tide over employees whose fixed expenses outstrip available cash resources...
Full WSJ Article
Apparently, there is plenty of money to loan investment bankers, just not the rest of America.
No comments:
Post a Comment