Released on: September 15, 2008, 1:33 pm

Press Release Author: WallStJobs.com

Industry: Financial

Press Release Summary: Middle-market and boutique firms seem poised to acquire newly
available talent following recent news regarding the futures of Lehman, Merrill
Lynch and AIG.

Press Release Body: New York, NY, September 16, 2008 - The stunning events
surrounding Lehman, Merrill Lynch and AIG have sent many denizens of the financial
community into job hunting mode. "There has been a 17% rise in the number of new and
updated candidates on our site in just the past two days," said Robert Graber,
founder of WallStJobs.com. "And we have noted that our existing client base of
employers is staying online an average of almost one hour longer than they did last
week." Graber feels that the increased time that these companies are spending on
WallStJobs.com reflects enhanced interest in reviewing the new candidates and in
initiating dialogues with the new registrants.

"Most of the corporate activity is being generated from middle market companies,
hedge funds, and the specialty or boutique firms that have narrow industry focus.
These companies are looking to make contact with individuals who have not been on
the market recently."

Graber said that many of the companies looking on the site are taking advantage of
the turmoil. "Many of these firms are now able to approach candidates who would
otherwise only move to large institutions to take similarly structured positions. As
the employment landscape continues to change, many of those transitions are no
longer possible. But if candidates are flexible with respect to perhaps moving into
a smaller operation or into another segment of the financial services industry, it
may well open up new opportunities to successfully resituate themselves and provide
a slightly different, but still rewarding, career trajectory."

Mr. Graber was somewhat optimistic about the current conditions. "The diversity and
apparent interest of firms both regionally and nationally would seem to offer the
possibility for new-to-the-market candidates to find new positions depending on
their requirements. But if the number of candidates escalates even more sharply in
the next few weeks, then it will be far more difficult for those individuals to find
a new positions as firms will have already staffed up in this talent-rich
environment."

Web Site:
http://www.wallstjobs.com/articles/39/Lehman_Merrill_and_AIG_News_Significantly_Increases_Job_Seeker_Registrations_On_WallStJobscom


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