Sorry for the normal Joes at Merrill and Lehman
I know Investment Bankers and Traders get a bad rap for the money they earn, and truth be told they will likely bounce back or take an extended holiday until the credit balls up passes over.
However many, and I mean many people do low to middle ranking jobs at the like of Lehman and Merrill just to pay the mortgage, and I feel sorry for the children and partners of those of staff members who will likely lose their jobs.
Maybe the CEOs and VPs and MBS Salesmen can be put in the stocks and pelted with rotten food for a fortnight or so.
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