Responding to Priya’s post regarding resentment towards Wall Street bankers; let me start off by saying that I do not applaud the demise of entire firms on the Street. I have friends at Lehman with mortgages and kids, and know too well that it could’ve been me.
Like any production issue in the corporate IT world, we need a goat. Who’s to blame? Accountability is a toughie. It’s not like all the toxic paper built up overnight. Being part of the Street ecosystem, albeit on the fungal ranks, I do feel the need to swallow my share of the blame. Yeah, yeah, enough with the hysterical laughing already – a lowly CoHo, an IT CoHo, thinks she can take credit (cheap pun intended) for any for this.
After all, when I pocketed a fat bonus for what could only be considered mediocre code at a software firm, I tried to justify it by saying that my project helped improve performance so that the traders could get more trades in faster and hence rake in more $$$ faster. I wasn’t aware of the nature of those trades, but perhaps I should’ve been (blissful ignorance and all).
It doesn’t mean that I’m going to step forward and say, “Sorry, you can take back X portion of my bonus because we screwed up”. Besides the fact that I’m not that magnanimous, I have no clue how to calculate X. And I’m not sure exactly whom to return the money to. Uncle Sam? Uncle Hank?
Ironically enough, for all the people that rejoice in the fact the laid-off Streeters will know what it feels like to be one of them, they too will know how it feels to be part of a high risk game, thanks to the bailout. Again, not a juvenilie stick-my-tongue-right-back-at-you moment.
Honestly, I don’t really know what’s going on and my crystal ball’s looking mighty foggy of late. No points for stating the obvious, eh? Instead of being responsible, educating myself and doing something about it, I’m just going to sit back and toss the problem at the country’s taxpayers because something’s gotta be done before everybody gets fucked. Oh, what’s that? Everybody’s already fucked, you say? Ah, then, time to stock up on cheap vodka and nutella. It’s a long, cold winter ahead.
This spring, we were trying to recruit women from top universities into Dream Company and a common response was, “No thanks; you guys are evil”. This was before the crisis. It was also my response fresh out of school, at my anti-capitalist best. Of course, it’s a toss between evil corporations and doing research funded by the military so…So for the first time in a long time, this makes sense to me:
A long long time ago
I can still remember how that music used to make me smile
And I knew if I had my chance
That I could make those people dance
And maybe they’d be happy for a while
But February made me shiver
With every paper I’d deliver
Bad news on the doorstep
I couldn’t take one more step
I can’t remember if I cried
When I read about his widowed bride
But something touched me deep inside
The day the music died
So, bye-bye, Miss American Pie
Drove my chevy to the levee
But the levee was dry
And them good old boys were drinkin’ whiskey and rye
Singin’ this’ll be the day that I die
This’ll be the day that I die