Merrill Lynch cuts jobs in Jacksonville, Florida...


Posted by Julias Jaded Jester ® , Sep 25,2003,21:15   MetroBlab
Despite second quarter earnings of 34 percent, Merril Lynch laid off 900 folks nationally (one web sites reported 24% of its entire workforce in the last three years) and

of that 200 were in Jacksonville, Florida.

The figure represents about 10% of the workforce there.

In 1998, the firm laid off 3 THOUSAND bond traders nationwide.

Highest unemployment in 20 years....

the highest budget deficit EVER....

at estimated 480 BILLION dollars...

war is NOT GOOD for a capitalistic based mixed economy.

Deficits are NOT GOOD for a capitalistic based mixed economy.