wrote an interesting post today on
Here’s a quick excerpt
Lehman Brothers Announces Layoffs   Lehman Brothers Announces Layoffs this morning: Lehman Brothers, the ailing Wall Street bank, plans to lay off as many as 1,500 employees, or nearly 6 percent of its work force, before it announces third-quarter results on Sept. 15, a person briefed on the plans said Thursday. Lehman has already laid off 6,000 people since June 2007, mostly in its mortgage origination and securitization businesses. It was not immediately clear what divisions would bear

Read the rest of this great post here