The Deal points out that in the past few weeks Jefferies, KBW and a handful of other middle-market investment banks have been on a bit of a hiring spree, beefing up their distressed asset trading operations. As you can imagine, there’s more than a few stressed out mortgage-backed and asset-backed securities out there waiting to be repackaged, restructured, bought and sold. So, if you’re so inclined, hop on the distressed wagon while there are still seats available. Hiring in this area should continue for the next few weeks.
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