27 Dec '11, 11pm

Are you still keen to join the financial industry? Read this....

During the past two decades, too many talented people entered the finance industry. Wall Street attracted the top graduates from the best business schools. These firms, with their talented people, created financial products that built up asset bubbles and encouraged speculation. The excesses had been damaging and nearly caused the collapse of the global economy. The financial firms are now cutting down on their payroll. The top graduates could not find jobs in these financial firms any more. They have to look for opportunities elsewhere. This new trend, away from the financial industry, will be good for the economy. We faced the same challenges in Singapore. In past years, the top graduates have opted to join the large banks - which were able to pay top salaries due to the profits that they made through the sale of dubious financial products and through unproductive specul...

Full article: http://tankinlian.blogspot.com/2011/12/re-structure-econo...

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