Former Moody's CDO head switches to new industry

By Mike Peterson

Monday, July 20, 2009

A former leading light in Moody’s European CDO business has taken a job outside the industry

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TAGS: High yield bonds People Leveraged loans

Comment by: Anonymous. Posted 14 years ago [2009-08-03 23:19:36]

Well folk change seats as often as they want in this industry, but if there are fewer seats overall, then inevitably some people are going to be forced out. It seems like the common options for those without seats are to either leave the finance industry or try to create a seat for yourself by starting up your own firm. Inevitably I think these are probably just temporary seats as many of these small start-ups will not succeed and probably the folk will drift back into major jobs when the number of seats at major banks again increases; or the small start-up will just be a stepping stone to leaving the industry

Comment by: Anonymous. Posted 14 years ago [2009-07-22 03:01:04]

I know many engineers who got an MBA and joined Wall St who have now been forced to re-evaluate their career choices. I imagine they are all probably thinking about returning to their former industries.

Comment by: Anonymous. Posted 14 years ago [2009-07-20 19:07:29]