[carterac]

This quote is actually pretty representative. I have some very close friends in finance and have heard that many people are quitting or planning on quitting to join the tech/startup sector for this very reason.

Interestingly, instead of immediately quitting some people are instead just slacking until they get fired and receive lucrative severance packages.

Of course, this is only for my finance friends with technical backgrounds. I haven't heard the same from non-technical people in finance.

[mattmiller]

I would love to see non-technical finance people branch out into the real economy. Where would they go? They would make excellent CPAs, but how many more CPAs do we need? The next logical jump would be to management, but a management does require some skills and usually a lot of domain knowledge.

Some would have to try their hand at the highly lucrative software industry. I think the consensus in wall street is that it would only take them a month or two and a couple software books to be leet programmers. I would love to see them try, and I wonder how well they would do.

[gruseom]

Interestingly, instead of immediately quitting some people are instead just slacking until they get fired and receive lucrative severance packages.

If such are the habits they've cultivated in finance, they won't do very well at those tech startups they plan to join.