So yesterday didn’t turn out exactly as I expected/hoped. Instead of the final decision from Columbia, another different earth-shaking news happened to come across yesterday morning – in the form of a Bloomberg news flash. Since it’s already public, I don’t see why I have to hold back anything – I just won’t mention any names. My company has decided to sell or close down its broker dealer unit in New York. In other words, I’ll be out of a job in six to nine months. This was a shocker because nobody expected it. Our securities firm is the cash cow for the company as a whole and is the most profitable. Even the president and the CEO were totally unprepared for this of worst-case-scenarios. Why would anyone want to close down a money-making business? We all think its politics. We believe that the European regulators needed a sacrificial lamb and unfortunately someone pointed at us and cried out “BAAAAH.” How am I taking it you may ask? Well, I’m not upset, not at all. It actually works out better for me IF I get accepted into Columbia. I’ll get to collect severance and unemployment a few months before classes would start. I can use that time to travel for a bit and in essence get paid for it. So basically I’m betting it all on bschool now. Anyway, yesterday may not be The Day. But there’s always today. An acceptance would definitely make my weekend. Fingers still tightly crossed…
Read the full article: Not exactly what I expected to hear…