We were barely able to write this post because we’re so busy doing Wall Angels. What are Wall Angels? Practically miraculous—and free—posture-picker-uppers, perfect for new freelancers/consultants/employment-challenged individuals who are hunched over their dining room tables.

Profiles of people who turn economic lemons into lemonade.
This week’s Lemonade Maker: Chris Hand
Location: Upper West Side, New York City
Before recession: Running a visual communications agency and recruiting marketing executives.
Now: Building CareerHandlers, a personal marketing agency designed to help job seekers launch professional campaigns.
Each week, “Joe the Trader” chronicles his experiences with life after Wall Street.
For eleven years, I was short on time—or at least I told myself that. Now time is what I got. Welcome to January 30th.
What you get when you look at a problem as a potential opportunity.
Each week, “Joe the Trader” will chronicle his experiences with life after Wall Street.
Modern economic theories have tried to explain the tremendous salaries that movie stars, sports heroes and corporate executives earn on the theory of rent. That is, these people have a uniqueness— or a perceived uniqueness—that allows them to charge astronomical prices, because they are the only people in the world who can do what they do.
I’ve been thinking a lot about this issue as I go about my day, meeting with ex-colleagues and visiting the kids at their mom’s. Over the past two months, my time has declined dramatically in value. My education hasn’t changed. My work experience hasn’t changed. I would certainly argue that my talent hasn’t changed. But as with the superstars, perception is reality.
A daily review of the employment fallout around the country.
Caterpillar will increase previous layoffs from 20,000 to 22,110 … Corning says it will cut 13% of the workforce through the end of 2009 … Mountain View legal team Fenwick & West laid off 36 staffers and plans to freeze associate salaries for a year.
…a banker/lawyer/retail executive/IT specialist/journalist/analyst who would rather not admit that I’ve been shit-canned. Some euphemisms that have been making the rounds at New York parties:
Recessionwire salutes Blago for facing the firing squad with rare aplomb. After mounting a week-long PR campaign in which he teared up, praised himself, and flirted with the ladies on The View, he showed the Illinois legislature his middle finger by skipping his impeachment hearing.