Lehman Loses...We Lose

Lehman is already battling to avoid “job abandonment,” in which workers simply stop showing up even though they have not been formally laid off.

Some of that was clearly happening on Monday as some of Lehman’s trading floors were only about two-thirds full. A rush of résumé-writing signaled the melancholy of an institution in its final days.

Many employees toyed with their résumés in full view of colleagues. Others perused job-listing Web sites — Wharton’s alumni site was popular — and compared notes about job recruiters.

Read the entire New York Times article here. Above all, try and be kind to the people impacted by Fuld's inability to find a buyer the way Thain did for Merrill.

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