by
Karen Ho
[...] "Well, that is just a matter of making the economy more efficient. In the end that is good because you take people out of dead-end jobs anyway and sort of force them to find something in an industry that is growing. But, I am sure, if you are on the other side of that equation, it is a lot harder." [...]
amazing how she means dead-end as in, doesn't create shareholder value, whereas one could alternatively argue that the whole paradigm of shareholder value is itself a dead end (creating dead-end jobs like her own)
(Christine Chang, high-yield bond VP at BT)