Dow is down 400 points Forum

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jawsthegreat

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Dow is down 400 points

Post by jawsthegreat » Thu Aug 04, 2011 2:35 pm

Welcome to another legal hiring crash.

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ndirish2010

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Re: Dow is down 400 points

Post by ndirish2010 » Thu Aug 04, 2011 2:35 pm

Anonymous User wrote:Welcome to another legal hiring crash.
LOL.

kaiser

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Re: Dow is down 400 points

Post by kaiser » Thu Aug 04, 2011 2:36 pm

Anonymous User wrote:Welcome to another legal hiring crash.
Why so anonymous?

PM61

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Re: Dow is down 400 points

Post by PM61 » Thu Aug 04, 2011 2:39 pm

ndirish2010 wrote:
Anonymous User wrote:Welcome to another legal hiring crash.
LOL.
what does LOL mean in this context?

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ndirish2010

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Re: Dow is down 400 points

Post by ndirish2010 » Thu Aug 04, 2011 2:41 pm

PM61 wrote:
ndirish2010 wrote:
Anonymous User wrote:Welcome to another legal hiring crash.
LOL.
what does LOL mean in this context?
What is it supposed to mean? That I'm laughing at the fact that firms are sitting there watching the market right now and thinking, OMG what are we going to do!?! Slash SA classes in half!!!!

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fanmingrui

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Re: Dow is down 400 points

Post by fanmingrui » Thu Aug 04, 2011 2:42 pm

PM61 wrote:
ndirish2010 wrote:
Anonymous User wrote:Welcome to another legal hiring crash.
LOL.
what does LOL mean in this context?
I believe you're reading the obscure Internet acronym for "Leaps Off Ledge."

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NYC Law

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Re: Dow is down 400 points

Post by NYC Law » Thu Aug 04, 2011 2:46 pm

Fuck.


*Why couldn't I have been born 6 years earlier*

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fathergoose

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Re: Dow is down 400 points

Post by fathergoose » Thu Aug 04, 2011 2:47 pm

I figured we'd have a another crash but I was hoping it would wait until after offers came out. Even if they didn't end up offering at the end of the summer at least there would be some SA money to subsist off of for a while.

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mths

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Re: Dow is down 400 points

Post by mths » Thu Aug 04, 2011 2:50 pm

.
Last edited by mths on Thu Aug 04, 2011 2:52 pm, edited 1 time in total.

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mpj_3050

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Re: Dow is down 400 points

Post by mpj_3050 » Thu Aug 04, 2011 2:51 pm

NYC Law wrote:Fuck.


*Why couldn't I have been born 6 years earlier*
I often wish I'd been born in 1930 or something so I could've experience the post-war boom.

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dailygrind

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Re: Dow is down 400 points

Post by dailygrind » Thu Aug 04, 2011 2:53 pm

mpj_3050 wrote:
NYC Law wrote:Fuck.


*Why couldn't I have been born 6 years earlier*
I often wish I'd been born in 1930 or something so I could've experience the post-war boom.
If we're messing with birth dates, I'd rather be born in the future. Granted, it could be a future wracked by nuclear war and pollution, but the upsides are pretty awesome.

ToTransferOrNot

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Re: Dow is down 400 points

Post by ToTransferOrNot » Thu Aug 04, 2011 2:55 pm

fffffffffffffffffffffffffuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu

Going to get clerkship-layoff-pwned...

Also, +10 to being born in the future. I mean, look at the technological process of the last 20 years. Give me another 200 (or 2000) years of technology, mmm.

johndhi

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Re: Dow is down 400 points

Post by johndhi » Thu Aug 04, 2011 2:55 pm

mths wrote:.
It's a little concerning that the one positive post in this thread was turned into "." - why'd you do that, mths?

I'm not particularly familiar with the reasons for the original crash in legal hiring, but hope this doesn't affect us like it did them.

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Transferthrowaway

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Re: Dow is down 400 points

Post by Transferthrowaway » Thu Aug 04, 2011 2:58 pm

Anonymous User wrote:Welcome to another legal hiring crash.
Thanks, lizard-brained conservatards!

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mths

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Re: Dow is down 400 points

Post by mths » Thu Aug 04, 2011 3:00 pm

johndhi wrote:
mths wrote:.
It's a little concerning that the one positive post in this thread was turned into "." - why'd you do that, mths?

I'm not particularly familiar with the reasons for the original crash in legal hiring, but hope this doesn't affect us like it did them.
I anticipated the negativity taking over and I wasn't really about to deal with it haha.

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NYC Law

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Re: Dow is down 400 points

Post by NYC Law » Thu Aug 04, 2011 3:00 pm

I don't think anyone is seriously worried about this in and of itself could lead to slashes in legal hiring, it's just the prospect of another looming recession...

At this rate will the future ever even be better? It just gets worse, and now we don't have a World War to save us.

Unless...

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fathergoose

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Re: Dow is down 400 points

Post by fathergoose » Thu Aug 04, 2011 3:04 pm

NYC Law wrote:I don't think anyone is seriously worried about this in and of itself could lead to slashes in legal hiring, it's just the prospect of another looming recession...

At this rate will the future ever even be better? It just gets worse, and now we don't have a World War to save us.

Unless...
Hey Barack, I don't want to be a blabbermouth but I heard Putin and Medvedev saying some pretty awful things about your mother...

But seriously I'd take shit law over trudging through siberia getting shot at by crazy russians. If Call of Duty taught me anything, it's to not mess with the ruskies

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kaiser

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Re: Dow is down 400 points

Post by kaiser » Thu Aug 04, 2011 3:07 pm

fathergoose wrote:
NYC Law wrote:I don't think anyone is seriously worried about this in and of itself could lead to slashes in legal hiring, it's just the prospect of another looming recession...

At this rate will the future ever even be better? It just gets worse, and now we don't have a World War to save us.

Unless...
Hey Barack, I don't want to be a blabbermouth but I heard Putin and Medvedev saying some pretty awful things about your mother...

But seriously I'd take shit law over trudging through siberia getting shot at by crazy russians. If Call of Duty taught me anything, it's to not mess with the ruskies
My great uncle (from Poland) was imprisoned in Siberia by the Soviets a long time ago, and eventually was released, and came to America. His stories of Siberia made it sound pretty shitty. I think I'll take shitlaw as well.

Eco

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Re: Dow is down 400 points

Post by Eco » Thu Aug 04, 2011 3:09 pm

This is what the country gets for electing tea party nut jobs who hijack the economy and point out its weaknesses. Ridiculous. We're so screwed.

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ndirish2010

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Re: Dow is down 400 points

Post by ndirish2010 » Thu Aug 04, 2011 3:10 pm

Eco wrote:This is what the country gets for electing tea party nut jobs who hijack the economy and point out its weaknesses. Ridiculous. We're so screwed.
Did MSNBC tell you that?

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Re: Dow is down 400 points

Post by Anonymous User » Thu Aug 04, 2011 3:12 pm

Sitting at the desk in my major wall street firm. No panic, work coming in at a steady pace, everyone is busy.

Last time stocks fell because industry hit a tough patch. Today stocks are falling because people are selling stocks. Corporate deal, litigation, and regulation spending is humming along, IPOs are hot, and companies are sitting on massive war chests plus strong earnings.

Chill.

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mths

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Re: Dow is down 400 points

Post by mths » Thu Aug 04, 2011 3:13 pm

ndirish2010 wrote:
Eco wrote:This is what the country gets for electing tea party nut jobs who hijack the economy and point out its weaknesses. Ridiculous. We're so screwed.
Did MSNBC tell you that?
lol seriously everyone, please stop. No one knows what'll happen in the next few weeks and it could really go both ways.

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fanmingrui

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Re: Dow is down 400 points

Post by fanmingrui » Thu Aug 04, 2011 3:13 pm

Eco wrote:This is what the country gets for electing tea party nut jobs who hijack the economy and point out its weaknesses. Ridiculous. We're so screwed.
TITCR

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jawsthegreat

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Re: Dow is down 400 points

Post by jawsthegreat » Thu Aug 04, 2011 3:17 pm

Anonymous User wrote:Sitting at the desk in my major wall street firm. No panic, work coming in at a steady pace, everyone is busy.

Last time stocks fell because industry hit a tough patch. Today stocks are falling because people are selling stocks. Corporate deal, litigation, and regulation spending is humming along, IPOs are hot, and companies are sitting on massive war chests plus strong earnings.

Chill.
War chests that they aren't using to create jobs or use to invest because they are all scared shitless about the environment Obama has created.

ToTransferOrNot

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Re: Dow is down 400 points

Post by ToTransferOrNot » Thu Aug 04, 2011 3:18 pm

Anonymous User wrote:
Anonymous User wrote:Sitting at the desk in my major wall street firm. No panic, work coming in at a steady pace, everyone is busy.

Last time stocks fell because industry hit a tough patch. Today stocks are falling because people are selling stocks. Corporate deal, litigation, and regulation spending is humming along, IPOs are hot, and companies are sitting on massive war chests plus strong earnings.

Chill.
War chests that they aren't using to create jobs or use to invest because they are all scared shitless about the environment Obama has created.



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