What's Good For The Goose...

Wall Street too boosts profits through layoffs

You might think times are flush on Wall Street, what with stock prices at historic highs and ridiculously rich year-end bonuses in the bank. Somebody, after all, just paid a record $2 million for a seat on the New York Stock Exchange. And in lower Manhattan supplies remain tight for rental limos and $20 cigars. Strangely, though, supplies aren't tight at all for traders, bankers and brokers. In a striking irony the financial chefs who for years have cooked up corporate takeovers and restructurings--all smelling like layoffs to working stiffs--are today being served those same entrees. Well, bon appetit.

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