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Wednesday, September 17, 2008
My sympathy to Lehman employees
Its a terrible, terrible day for Lehman employees everywhere. Such is the uncertainty they face that they wouldn't have expected it ever. The ones who got scared earlier left faster, the ones who didn't get scared (like their CEO) are in a state of shock. 1 month ago no-one expected this to happen.
These employees are usually the best of the lot, the 'straight-A's of the schools, champions on the debating team and generally bright candidates. If you are young it wouldn't be very difficult to get back up. But if you are the sole bread winner of the family, your condition will edge on desperation.
I wish all these good guys all the best. You will certainly live to tell the tale and laugh about it. A little bit of uncertainty can teach a lot in life. Things could have been worse but they aren't.
These employees are usually the best of the lot, the 'straight-A's of the schools, champions on the debating team and generally bright candidates. If you are young it wouldn't be very difficult to get back up. But if you are the sole bread winner of the family, your condition will edge on desperation.
I wish all these good guys all the best. You will certainly live to tell the tale and laugh about it. A little bit of uncertainty can teach a lot in life. Things could have been worse but they aren't.
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