Live by the sword, die by the sword.
When they were all busy lending money to people who couldn't pay it back, when they were all busy falsifying documents in order to earn commissions making Liar's Loans, and when they were all busy gaming the system in order to enrich themselves, I hope the bankers were preparing for this day.
Goodbye bankers. And good riddance. Go find some honest work for a change.
Study: 200,000 banking jobs could disappear in 18 months
The U.S. commercial banking industry could cut 200,000 of its about 2 million jobs over the next 12 to 18 months, according to financial research firm Celent LLC.
The entire financial services sector had a record 153,000 job cuts in all of 2007, according to the job placement consultancy Challenger, Gray & Christmas Inc.
Challenger said more than half the job cuts were in the mortgage-lending sector and were concentrated mainly in California and New York.