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It's Just Stupid To Be Talking About Jobs In This Market

Keep It Under Your Hat

There was a time, and not too long ago, when contingency recruiters were only too happy to talk publicly about the deals they were doing, the firms they were working for, and the salaries and bonuses that were being paid. They would pontificate endlessly on TV, radio and in print about the future of the industry, and hiring and compensation trends. Those days, it seems, are now gone.

Bank of America, JPMorgan, Goldman Sachs, State Street, FSA

Bloomberg reports that a US District Judge has said that he cannot yet sign-off on the $33m Bank of America has agreed to pay to settle a lawsuit brought by regulator The Securities and Exchange Commission over claims that the bank misled investors over the payment of Merrill Lynch bonuses.

CV Lying On The Increase

With jobs harder to come by in the financial sector, it will come as no surprise that more candidates are telling porkies on their CVs than at any time in the recent past.

More Goldman Nonsense

The New York Times reports that some folks are suggesting that ex-Treasury Secretary Hank Paulson (previously CEO of Goldman Sachs) may have had a conflict of interest when he made and received several calls to / from current Goldman CEO Lloyd Blankfein during the dark days for the financial markets last September.

Bank Of America Gets Another 'Merrill Lynch' Letter

US Representative Edolphus Towns, Chairman of the Committee on Oversight & Government Reform, wrote to Bank of America CEO Ken Lewis last week, as he steps up his bid to try and find out exactly what went on as Bank of America acquired Merrill Lynch - ultimately with billions in support from the US taxpayer.

Long Live Ken Lewis!

Bank of America CEO Ken Lewis has certainly got his critics, but respected Rochdale Securities bank analyst Richard Bove isn't one of them.