I read an article in a financial rag this week entitled, “The Tale of Two Cities”. It detailed a job satisfaction survey which had been conducted among hundreds of workers in banking and fund management. It reached the not too staggering conclusion that most of those people on the buyside are relatively sanguine about job prospects, optimistic about the future, report good morale, feel secure, committed to their employer and the industry. Well, they would do, wouldn’t they? They have all the money.
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