Friday, March 21, 2008

MBAs bearish on Bear job offers - Mar. 21, 2008

I know at least one of my students is a tad concerned ;)

MBAs bearish on Bear job offers - Mar. 21, 2008: "
Bear Stearns' meltdown and pending sale to JPMorgan Chase has left dozens of aspiring Masters of the Universe in the lurch. The recruiting season for investment banking positions - both full time and internships - ended months ago, back when Bear's stock traded for quite a bit more than the price of a venti mocha latte at Starbucks.

So what happens to those unlucky students who accepted positions at the now-defunct Bear Stearns? Will they get jobs at JPMorgan, or should they start learning how to make Frappuccinos?

Some career services directors aren't optimistic"
The same is true for those who work there. Everyone is in a holding pattern. Good luck to you all!

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