Star Bankers

I don't know who is really individually responsible, and not everyone who works there even deserves to be part of collective responsibility, but perhaps being in a world in which tanking your company doesn't automatically mean a new exciting job opportunity is a good thing? Isn't that this whole meritocracy story we keep talking about?

MF Global Holdings Ltd. (MF)’s bankruptcy filing is throwing into question the futures of some of Wall Street’s most experienced bankers.

...

“No big banks are hiring,” said Michael Karp, chief executive officer of New York-based Options Group Inc., whose recruitment firm fielded calls yesterday from at least three senior business managers at MF Global who want to move their groups elsewhere. “It’s very tough to move them as a team.”

uhh...good?