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by SixFigureStart | February 05, 2009

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Vault's Global Finance Editor, Derek Loosvelt, reports on the latest Wall Street Pink Slip party:

"Word is the third Wall Street Pink Slip Party, held last night at the Public House in midtown Manhattan, was packed with people. About 400 ex-financial services employees and recruiters donned glow-in-the-dark bracelets (pink for the laid off, green for headhunters and blue for “neutral,” which perhaps meant “just here for the cheap cocktails”) to mingle and discover how they could help each other out. According to one of the organizers of the event, areas in which firms seem to be hiring right now include technology, risk management and proprietary trading (at non-TARP banks)."

To read more about the event and keep up with the latest highs and lows of the banking industry, be sure to check out Derek's finance blog, In the Black.

--Posted by Linda Petock, Vault News & Commentary

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