Evaporated milk round

It’s already April, and business students would normally be weighing which investment bank’s job offer to take. But this year’s crop of MBAs faces bleak prospects - for the same reason it’s hard to place new asset-backed debt. A shrinking and cautious finance industry means lots of already seasoned assets - including people - are available at cheap prices. The problem, of course, is that Wall Street has been savaged by layoffs. Financial employment shrank by 43,000 in March according to newly r...