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MF Global Gives Boot to 1000 Employees

Oopps. It seems that #OWS may be joined by more bankers and brokers as MF Global, the finance instituon who crashed and burned after the EuroZone crisis, fires 1,000 employees in their Broker-Dealer Unit. Ouch! Talk about getting kicked in the ass when things get ugly in finance. Again, another example of how cut-throat and dry the industry really is: When things are good, everyone seems to join in on the bubble,  but when that bubble burts, even Wall Street isn’t immune and the smaller Wall Street guys and gals/The Low End of the One-Percent gets the boot while the big boys (known as the Big Swinging D^^^s of Wall Street) keep their jobs and their money!

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