JPMorgan Chase laying off 3,400 in WaMu's Seattle offices
JPMorgan Chase is laying off 3,400 people in WaMu's Seattle offices, about 80 percent of the people who work for the thrift there.
I am afraid that this may only be the tip of the iceberg. President-elect Obama states one of his first acts will be the creation 2,500,000 more jobs for Americans. He will need to talk with the ghost of FDR his first night in the Whitehouse and learn what the New Deal was all about and how to put that many people to work. I hope President Roosevelt did not trademark the terms WPA, CCC, CWA, PWA, FERA and others because Mr. Obama is going to need them.
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