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  • Guest comment: Cuts will come at the top

    Brad Hintz, analyst at Sanford Bernstein, says junior bankers need not fear redundancy – top staff will be first to go. Wall Street isn't a kind place – we shoot our wounded and we eat our young. And if today's difficult credit conditions continue, there will likely be cuts in 2007. But this year doesn't look like the 2002 downturn; right now it looks like any cuts will be done with... Read more

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