Job in Banking — is Yours at Risk?
Posted by admin | Under Internet Banking Sunday Feb 14, 2010
Copyright (c) 2009 Ianson Internet Marketing
Even if you are an unpaid banking intern, consider your job in the banking industry of being under risk. There are very few businesses that will be immune in the world wide economic recession and banking jobs sure aren’t going to be one of them. According to the financial research form Celent, there will be at least 200,000 layoffs of banking jobs from September 2008 until June 2009.
What Jobs Are Affected?
Since jobs in banking covers such a vast territory in the financial landscape, let’s look at what the economic experts are predicting to be the banking jobs most at risk:
- Anything to do with real estate. It’s not only the homeowners who are hurting – it’s also brokers, banks that hold the mortgages and anyone who works in TIC (tenant in common) investing or helping clients to invest in real estate. – Investment bankers in general – Loan processors (especially if the banks continue to freeze credit) – Bank tellers. If no one has any money to use a bank, then there’s no need to keep more than one teller line open on a business day.
Unless you are in higher management of are the CEO of a bank, consider your job at risk. Be sure that you have your resume updated, your references updated and put off any major purchase until after June 2009. You need to do this if you are looking for graduate banking jobs or are a branch manager.
What About The Wall Street Bailout?
Although Wall Street executives and the Bush administration pledged over $700 to banks and major financial firms to keep them from going under, they did so with hardly any strings attached and no guarantee to stop any layoffs. Two months after the huge bailout, banks in America are holding onto the money rather than letting it go to give credit to struggling American businesses. There have also been reports that bank executives have pocketed the some of the money and do not plan on any major reconstruction whatsoever – except for laying of many lower-rung banking jobs.
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And not all big American banks and investment firms benefited from the bailout. Although business like AIG and Bank of America received blank checks, investment firm Lehman Brothers was allowed to go bankrupt with debts of over $613 billion. Clearly, even if you know your company got some Congressional cash, it doesn’t mean your job is secure.
If you are a banking intern, get a paying job to cover the bills and ride the tide of the economic tsunami until things settle down again. Although you may be constantly reassured that good interns get good jobs at the company you’ve interned for, don’t believe it. They’re just trying to get as much unpaid work out of you as they can. They have no intention of paying you.
Jobs that are expected to ride out the economic recession include service jobs, jobs in the health care industry and freelancing.
Louise G
http://www.articlesbase.com/business-articles/job-in-banking-is-yours-at-risk-705597.html
How do I report someone like this so that they don't scam some poor soul for a bank account number?
I received this letter today. No I don’t want to answer it but how can I get this fraud.
Dear Friend,
I am writing this letter in confidence believing that if it is the wish of God for you to help me and my family, God almighty will bless and reward you aboundantly and you would never regreat this.
I am a female student from University of Burkina-Faso, Ouagadougou. I am 25 yrs old. I’d like any person who can be caring, loving and home oriented. I will love to have a long-term relationship with you and to know more about you.
I would like to build up a solid foundation with you in time coming if you can be able to help me in this transaction.
Well, my father died earlier two months ago and left I and my junior brother behind. He was a king, which our town citizens titled him over sixteen years before his death.
I was a princess to him and I am the only person who can take care of his wealth now because my junior brother is still young and my mother is not literate enough to know all my father’s wealth.
He left the sum of USD 7,350, 000.00 dollars (seven Million, Three Hundred and Fifty Thousand US Dollars)in a security company.
This money was annually paid into my late fathers account from Shell petroleum development company(spdc)and chevron oil company operating in our locality for the compensation of youth and community development in our jurisdiction.
I don’t know how and what I will do to invest this money somewhere in abroad, so that my father’s kindred will not take over what belongs to my father and our family, which they were planning to do without my present because I am a female as stated by our culture in the town.
Now, I urgently need your humble assistance to move this money from the security company to your bank account and I strongly believe that by the grace of God, you will help me invest this money wisely.
I am ready to pay 20% of the total amount to you if you help us in this transaction and another 10% interest of Annual After Income to you, for handling this transaction for us, which you will strongly have absolute control over.
If you can handle this project sincerely and also willing to assist me in lifting this fund, kindly reach me. Please, note that this transaction is 100% risk free and I hope to commence the transaction as quick as possible, I will send you my picture as soon as I hear from you. Please you should contact me immediately as soon as you receive this letter writing me to my private email address:princess_sandrauyalor00@latinmail.com.
I am waiting to hearing from you.
Yours Sincerely,
Princess Sandra Uyalor (Ms)
Sounds like a scam. Don’t do it
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Take it to the post office and tell the PO general, it is using mail to defraud.
Federal offense
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I forward all spam like that to the FTC website:
http://www.ftc.gov/spam/
If you get spam email that you think is deceptive, forward it to spam@uce.gov. The FTC uses the spam stored in this database to pursue law enforcement actions against people who send deceptive email.
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DONT DO IT! My friend received a letter almost the same topic. It is a scam. Please do not cave in or accept anything from people who seem to be asking for money back. If you are very liery about it justdont do it!
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My friend was a victim
Print it out and take it straight to the police…do not respond to it..good luck..hope they get them…also better let your friends know of this too in case the scammers got hold of your email and messenger lists………but..DONT forward the email on to them, send them a new email…
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You can try here,
http://www.sec.gov/investor/pubs/cyberfraud.htm
One more thing, this is simliar to 419 scams.
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If you received this letter by e-mail you can report it to the FBI’s internet fraud division.
If you received this letter through regular mail, report it to the U.S. Postal Inspection Service.
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http://www.ic3.gov/
http://www.usps.com/postalinspectors/fraud/MailFraudComplaint.htm
You’re right this is a scam to get your acct nos. The number of the FBI is in the phone book. Call them, they will help you stop these people
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Snopes.com is a wonderfull website that is dedicated to internet scams, and mail fraud scams. If you write to them they can help get the word out for you
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Snopes.com
Junk mail. I get about 200 of those types of emails that go straight to my junkmail folders every week.
Now me on the other hand. I’m not sure God will be happy for you if you did it, but I could use some money too. hehe.
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This year alone I have received literally hundred and hundreds of similar scam emails. It is infuriating that some poor suckers still fall for them. You can report them to their ISP but they will only open up a new account.
You can (if you are brave) string them along and make them think you are going to send them money and ‘advance fees’ to release their fictious millions to waste their time so they are diverted from duping other people out their savings. See this excellent site:
http://www.419eater.com
But the best thing to do is spread the word that these emails are scams (like I am doing here), delete them and not reply. The people who send them out may seem stupid but they ARE dangerous criminals and some people have lost all their life savings and, in some cases, their lives.
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all these types of emails are scams
people in foreign countries need help transferring money or telling you that youve won a lottery (that you didnt even enter), telling you that you are the soul heir to money, they are all scams.
i dont know how you can bust them or if its even worth the effort just dont fall for it.
i guess if you really wanted to bust them you can call the authorities and begin go along with it with thier help then maybe they can do something.
good luck
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You should make a couple of photocopies of the letter, take one to your local police station, another to your post office (using the mail for fraudulent purposes) and to Shell and Chevron, as they are mentioned in the text. I’m sure they’d want to know that someone was trying to involve them, or at least use them to boost credibility.
Good on you for trying to alert people. There is always someone gullible enough to fall for a hard luck story that dangles a pot of gold at the end.
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I get these financial scams quite often in my in-box of Yahoo mail. I always open "options", on the right hand upper side of the email and look for "personal mia", check of full header, and forward the email as an "inline text".
If it came from Yahoo: abuse@yahoo.com or abuse@hotmail.com – They can only take legal action to close the account down for the EULA voliation with a full header and sent as an inline text.
They have always investigated every email I have sent them and came back, "saying legal action was taken to close the account".
I don’t reside in America if you do??. So I always send a copy to my, "Interpol", connections and they forward the email to their agent where the original email came from for criminal action.
If every body would do their part we will rid the world of these scam artist from Nigeria. (Please be aware that some hide behind a proxy and are in Canada, London, and France).
Thanks for doing your part. Likewise I don’t want to see some poor old sold get ripped off. Although more rich then poor get taken. The rich sometimes all not all that smart as they are driven by money. The more they have the more they want. For them I don’t feel sorry as the get what they deserve. (TAKEN).
Clinical Psychiatrist, France
Excuse my english
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It’s a very common scam, I’ve been getting this kind of scam for 10 years now, just ignore them.
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