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To: Ciexyz
The Powers That Be found that they could get away with laying someone off just short of qualifying for their pension. That person rarely won in court if they fought it. That happened to my Dad. I've seen it happen to others and in one case, the person was ONE DAY SHORT of qualifying for a pension.

Now of course they don't even give you a pension. You have your 401-K and then the Powers That Be play shenanigans behind the scenes and make it tank. This world is truly a cruel place.

8 posted on 08/20/2010 10:42:51 AM PDT by Ciexyz
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To: Ciexyz
Now of course they don't even give you a pension. You have your 401-K and then the Powers That Be play shenanigans behind the scenes and make it tank. This world is truly a cruel place.

Personally, I think that after this real estate/mortgage backed securities nightmare, the high-flying days of the titans of Wall Street are over for some time to come, and possibly even for good.

So many people can only get burned so many times before they finally learn their lesson and just say "I'm done". The only people left still operating in the markets now are a few big money boys and the Goldman Sachs supercomputers.

15 posted on 08/20/2010 11:13:14 AM PDT by jpl (It's "My Big Fat Deadly Greek Riot", coming soon to a bankrupt socialist state near you.)
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