|
|
|
EXECUTIVE WATCH GlobeSt.com:
BY ANTHONY J. LOPINTO
|
 |
| EXECUTIVE WATCH
is a weekly column featured on GlobeSt.com, the leading online real estate
news site. Tony LoPinto, the CEO of Equinox Partners has been the
author of this widely read column.
|
 |
|
What a Week
By Anthony J. LoPinto
March 18, 2008
|
|
This week took the cake for bad news. Bear Stearns, out of cash, was sold to the highest bidder for $2 per share, and everyone expects other shoes to drop on the Street. But that wasn't the only bad news. Oil hit $110 a barrel; gold broke the $1,000-per-ounce threshold; President Bush admitted the economy is having difficulty (thanks, George); and most of the fund managers I have talked to continue to wait it out on the sidelines. How does all this bad news impact hiring trends? Notwithstanding the deteriorating economic picture, so far, so good. Obviously, on the banking and finance side of the business, there's plenty of talent on the street, and there's more to come. But otherwise, recruiting activity in most sectors appears to be holding its own. Most of that activity revolves around strategic and opportunistic hires as well as financial- and asset-management positions to beef up that end of the business for the anticipated transactional recovery.
© 2008 - GlobeSt.com, all rights reserved.
|
|
Return to Past Article List
Return to the Current Article |
|
