If You Are a Snob

There's a good long article over here that you might have missed if you don't read the NY Times.

It details the broader and smarter regulation of financial products and firms that Obama's administration is apparently targeting. If you were thinking of applying for a job at an investment bank, you might have better luck at the SEC or whichever government body is going to be doing the oversight. This is going to take a lot of well-compensated manpower.