Loss of jobs due to zero interest

[phantom_opera]

Zero interest and yield compression means loss of jobs in fixed income

UBS set to exit fixed income, fire 10,000 bankers
By Katharina Bart ZURICH (Reuters) - UBS is expected to reveal plans on Tuesday to wind down its fixed income business and fire 10,000 bankers, with shareholders cheering one of the biggest bonfires of ...

=> fixed income bankers will work for farmers in Indonesia soon :tongue3:

[phantom_opera]

Gold hedge fund manager is the new job category

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/10-2/20121029_CB4_1_0.png

[leesg123]

Zero interest and yield compression means loss of jobs in fixed income

UBS set to exit fixed income, fire 10,000 bankers
By Katharina Bart ZURICH (Reuters) - UBS is expected to reveal plans on Tuesday to wind down its fixed income business and fire 10,000 bankers, with shareholders cheering one of the biggest bonfires of ...

=> fixed income bankers will work for farmers in Indonesia soon :tongue3:they should have earned enough already.

[leftfield]

they should have earned enough already.

Many of them will be mid office or backroom support staff, probably just making a living too.

Not all 'bankers' make mega bucks. :doh: