Thursday, October 18, 2012

4 years later

It's 2012. Remember movie "2012"? Yes, it's supposed to be the end of world. However, we are still alive.
Remember 4 years ago? I thought it's end of wall street. However, they are still alive, and well.

I read my blogs 4 years ago. Feelings start coming back to me. I have never forgotten what happened in 2008, not only because I remember it, but also because I keep visiting it back. "Too Big to Fail", is the book I read at least 3 or 4 times in last few years.

4 years back I worked in a trading firm, and watched wall street like an opportunist should be, scared and excited, waiting for my chance to rush on the last train to prosperity. It didn't work out quite well, to my misfortune. My boss retired as billionaire, and I am still nobody.

That didn't bother me though. I started working for one of biggest banks in wall street a year ago. I worked in a back office, not a quant trader any more, but a poor combination of IT and business type. It's definitely not the sexiest job in wall street. So I got out as quickly as I could. Now I started working in risk. If I got this job 4 years ago, I imagine, I would have been like in hell. Right now, hell has become business as usual.

So it ain't bad. Past days, banks have reported record earnings after financial crisis. A lot of wall street successfuls, will pocket record bonus again, thanks to higher profits and lower head counts in these firms. As a risk person, I get the blame not the bling. But I have found a more meaningful life, to keep the too big from fail.

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