The finance industry in the United States is done. It is going to be very tough for these people to find jobs, given the amount of them, and the sudden lack of a demand for their skill set. Hope they have some savings they can tap into.

With that said, commodities trading should be hot for a while, I think. -- KM


Citigroup Inc., in the latest sign of bloodletting on Wall Street, is set this week to embark on an aggressive round of layoffs within its investment-banking division, people familiar with the matter said.

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