Submitted by anderzole on 10/26/08

Sorta like the recent article I posted on Iceland’s citizens going back to fishing… only different.  Instead of acquiring jobs that actually produce something physical (or even to another industry altogether), they’re relocating to other areas of the country and sticking with the financial industry.  So, basically the rats are abandoning ship and Wall Street is experiencing population decline.

Interesting article, but left me slightly disturbed when the author referred to the talents of bankers and brokers as “rarified.”

… in what world?

awwww… look at the sad little banker…

Wall_Street_Exodus.sff_NYBZ103_20081026131752 Wall Street workers leaving NYC for fresh start

Original Description:

Bankers and brokers looking to escape the financial meltdown are scrambling to relocate their families, possessions and rarified talent far from Wall Street to places such as Florida, Chicago, Milwaukee, Virginia and Asia.

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