With the entire financial industry in shambles, The Wall Street Journal reports that working for "what remains" of the bankrupt and humiliated Lehman Brothers "has become one of the hottest jobs on Wall Street." The only i-bank to have failed, Lehman sold most of its holdings but is still worth an estimated $24 billion. New hires come not to improve Lehman, but to bury it by dissolving remaining assets and "maximiz[ing] recovery for creditors." Though wages at the new Lehman are but a shadow of the past, the Journal explains, "It could take two years or more to wind down the firm. Such a timeline promises the kind of job security that's a rarity on Wall Street today."
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