I justÂ received this request for sources from Sharon McNary at Marketplace. Thought I'd pass it along for those of you interested in sharing your experiences with theÂ more than 10 million unique listeners who tune into this radio show each week (it's broadcastÂ on more than 330 public radio stations nationwide).Â
Hello from Sharon McNary of Marketplace. I'm writing you and others in the Public Insight Network today asking for some help understanding some of the fallout of the subprime mortgage crisis and credit crunch.
We know from history that Wall Street sheds jobs during economic downturns, and this one is no exception.
I'm trying to find out where ex-Wall Street workers are landing.
Industry sources estimate upwards of 20,000 jobs in the financial and securities sector in New York will vaporize this year. Many jobs have already been lost in the collapse of Bear Stearns, but other firms have also had layoffs following billion-dollar write downs. Of course, job losses won't be limited to just New York, so if you're outside the Big Apple, I'm also interested in hearing your take on the situation.
If you recently left a job in the financial services and securities industry, either voluntarily or through a layoff, click here to tell us what happened and what you're doing now. The answers will help inform future reports on Marketplace.
And if you know someone else who left a job, forward this message and the link to our questions at www.tinyurl.com/ExWallStreet
Â Thanks in advance for your help, and thanks for being part of the Public Insight Network
Analyst, Public Insight Journalism
American Public Media