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THURSDAY, NOVEMBER 26, 2009
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PREMIUM NEWS ARCHIVE

Executive Search: Laid-Off Wall Street Workers Branch Out

Article from: The Washington Post Article date: August 17, 2008 Author: Caroline Salas; Pierre Paulden

Jessica Walter didn't go to Harvard University to study cupcakes, but they're her focus since she lost her job as a vice president in credit strategy at Bear Stearns.

"I want to teach kids to cook," said Walter, 27, who founded Cupcake Kids in New York to provide birthday parties and cooking classes for children. "The goal is to have this be my full-time job and make enough to live."

Wall Street professionals are trying new careers, and fetching smaller salaries, in the wake of the elimination of 76,670 investment jobs in the Americas stemming ...

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