Mortgage Industry Lays Off More Workers

nhboy

nhboy

Ubi bene ibi patria
The mortgage industry isn't just hemorrhaging money anymore, it's hemorrhaging jobs. Two more mortgage lenders (Lehman Brothers Holdings and the National City Corporation) announced that they would be laying off 2,000 employees.
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P

Patch Tuesday

Guest
The moneychangers get tossed from the temple...

nhboy said:
The mortgage industry isn't just hemorrhaging money anymore, it's hemorrhaging jobs. Two more mortgage lenders (Lehman Brothers Holdings and the National City Corporation) announced that they would be laying off 2,000 employees.
LINK
Click to expand...

Here, add another 12,000 onto that from Countrywide!

http://online.wsj.com/article/SB118919813950820850.html?mod=hpp_us_whats_news

We should see all those "help wanted" signs coming down in the fast food joints soon. And then Bush will be on TV talking about the 12,000 new jobs that were just created after these folks get back to flipping burgers.

Good riddance...
 
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J

JEB

Member
I wonder how the Joe Six-Packs are going to hold up.
Carpenters, plumbers, bricklayers and electricians et al.
 
nhboy

nhboy

Ubi bene ibi patria
Patch Tuesday said:
We should see all those "help wanted" signs coming down in the fast food joints soon. And then Bush will be on TV talking about the 12,000 new jobs that were just created after these folks get back to flipping burgers./QUOTE]

Sad but true! :lmao:
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