Buyer’s Remorse on Wall Street

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A sad story from the Wall Street Journal:

Securities firms dangled big bucks to lure thousands of brokers away from rival companies during the past two years. Now those signing bonuses are causing an epidemic of buyer’s remorse.

Some of the star financial advisers who were promised six- or seven-figure payments to jump ship have been huge disappointments, failing to generate profits for their new employer. Others quickly abandoned the brokerage firm that wooed them.

Brings tears to your eyes, doesn’t it?

In other, totally unrelated news, there might be more to the honeybee colony collapse story than the New York Times told us a few days ago. Details here.

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BEFORE YOU CLICK AWAY!

“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things they don’t like—which is most things that are true.

No one gets to tell Mother Jones what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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