# 1,066 brokers fired

**URL:** <https://boards.straightdope.com/t/1-066-brokers-fired/602727>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [November 12, 2011, 9:36pm UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727 "2011-11-12T21:36:40Z")\
**Posts on this page:** 13\
**Page:** 1

<div class="post-metadata">

**Author:** ![Johnny\_L.A](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnny_l.a/32/1084_2.png) [@Johnny\_L.A](https://boards.straightdope.com/u/Johnny_L.A)\
**Post date:** [November 12, 2011, 9:36pm UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/1 "2011-11-12T21:36:40Z")

</div>

[Link](http://www.msnbc.msn.com/id/45260702/#.Tr7lQkbgRFN)

MF Global fired all of its 1,066 brokerage employees on Friday as part of its banruptcy liquidation.

> [@](#):
>
> “I’m a credit analyst and I could have told Corzine not to invest 100 percent in the sovereign debt situation…” said [MF Global analyst Pierre-Yvan Desparois]

So… Why didn’t you?

I’ve been downsized, and I’ve been outsourced. I have sympathy for those former employees. The grunts, anyway. Those involved with company policy, not so much.

---

<div class="post-metadata">

**Author:** ![Fear\_Itself](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/fear_itself/32/19637_2.png) [@Fear\_Itself](https://boards.straightdope.com/u/Fear_Itself)\
**Post date:** [November 13, 2011, 12:46am UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/2 "2011-11-13T00:46:36Z")

</div>

My sympathy is inversely proportional to the bonus they made last year.

---

<div class="post-metadata">

**Author:** ![N9IWP](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/n9iwp/32/3154_2.png) [@N9IWP](https://boards.straightdope.com/u/N9IWP)\
**Post date:** [November 13, 2011, 1:49am UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/3 "2011-11-13T01:49:53Z")

</div>

Interesting number.

Brian

---

<div class="post-metadata">

**Author:** ![Johnny\_L.A](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnny_l.a/32/1084_2.png) [@Johnny\_L.A](https://boards.straightdope.com/u/Johnny_L.A)\
**Post date:** [November 13, 2011, 1:53am UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/4 "2011-11-13T01:53:48Z")

</div>

I thought so, too.

---

<div class="post-metadata">

**Author:** ![Eonwe](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/eonwe/32/240_2.png) [@Eonwe](https://boards.straightdope.com/u/Eonwe)\
**Post date:** [November 13, 2011, 2:53pm UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/5 "2011-11-13T14:53:22Z")

</div>

I think they were a bit Hastings about those layoffs.

---

<div class="post-metadata">

**Author:** ![Voyager](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/voyager/32/133_2.png) [@Voyager](https://boards.straightdope.com/u/Voyager)\
**Post date:** [November 14, 2011, 1:56am UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/6 "2011-11-14T01:56:45Z")

</div>

At least Corzine didn’t get a big severance package - but only because they went bankrupt before they found a sucker to buy it. Which was because lots of customer money went missing.

The article about this in the Times made it seem that they already had their resumes out, since this was no big shock.

---

<div class="post-metadata">

**Author:** ![Hershele\_Ostropoler](https://avatars.discourse-cdn.com/v4/letter/h/e47c2d/32.png) [@Hershele\_Ostropoler](https://boards.straightdope.com/u/Hershele_Ostropoler)\
**Post date:** [November 19, 2011, 12:28am UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/7 "2011-11-19T00:28:13Z")

</div>

I guess being governor of New Jersey was an education for him

---

<div class="post-metadata">

**Author:** ![phouka](https://avatars.discourse-cdn.com/v4/letter/p/c5a1d2/32.png) [@phouka](https://boards.straightdope.com/u/phouka)\
**Post date:** [November 19, 2011, 1:47am UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/8 "2011-11-19T01:47:53Z")

</div>

Maybe they can pick up some work at McDonald’s.

---

<div class="post-metadata">

**Author:** ![Gatopescado](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gatopescado/32/5711_2.png) [@Gatopescado](https://boards.straightdope.com/u/Gatopescado)\
**Post date:** [November 19, 2011, 1:51am UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/9 "2011-11-19T01:51:40Z")

</div>

Its a good start!

---

<div class="post-metadata">

**Author:** ![Leaffan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/leaffan/32/299_2.png) [@Leaffan](https://boards.straightdope.com/u/Leaffan)\
**Post date:** [November 19, 2011, 2:05am UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/10 "2011-11-19T02:05:09Z")

</div>

Thousands of manufacturing jobs disappear daily with nary a mention.

Buh-bye.

---

<div class="post-metadata">

**Author:** ![Loach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/loach/32/350_2.png) [@Loach](https://boards.straightdope.com/u/Loach)\
**Post date:** [November 19, 2011, 4:31am UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/11 "2011-11-19T04:31:02Z")

</div>

> [@Eonwe](#):
>
> I think they were a bit Hastings about those layoffs.

I guess they didn’t check if it was OK Bayeux.

---

<div class="post-metadata">

**Author:** ![Cicero](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cicero/32/3594_2.png) [@Cicero](https://boards.straightdope.com/u/Cicero)\
**Post date:** [November 19, 2011, 5:33am UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/12 "2011-11-19T05:33:48Z")

</div>

Were they all called Harold?

---

<div class="post-metadata">

**Author:** ![Cicero](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cicero/32/3594_2.png) [@Cicero](https://boards.straightdope.com/u/Cicero)\
**Post date:** [November 19, 2011, 5:39am UTC](https://boards.straightdope.com/t/1-066-brokers-fired/602727/13 "2011-11-19T05:39:05Z")

</div>

(Just so it is not too in joke- 1066 was the year of the Battle of Hastings and the Bayeaux Tapestry. )
