Anatomy of a meltdown part 1 of ?

For those who don't know, lets get the facts straight.

1. Yes my company went bankrupt. People ask me, "hey i heard the news.. but this doesn't affect you right?" Well my dear friends let me inform you, when your company goes bankrupt it does tend to affect you in some way,usually in fairly bad way.

2. No I am not unemployed, we were bought by a Japanese securities broker/dealer so we are in the midst of getting job offers/transfers to this new firm but payroll is still flowing (although coffee and tea services stopped). Terms to be disclosed very soon. The rumours are some form of guaranteed bonus, so it may not be a bad deal.

3. How are things?

a) Overall they are fine. Hell man, I have almost no loyalty to where I am, I didn't build this company so what can I say? I like it alot, the people are great, I was moving somewhere in this org, so its all a damn shame, but I try not to complain around my peers since for many they dedicated their lives to the cause and were jacked in the end.

b) Being away on vacation created a surreal feel of it not really happening. But now I'm back and I can give my analysis on the situation. Its not happy times. People are not excited to be working for a Japanese company. This includes the Japanese, as they really like working for a foreign company it seems. People are wary of the typical horrors of Japanese work-life. From an IT side it may just be integration hell as well. Lots of negativity at work.

c) Financially I am taking an unrecoverable beating a magnitude worse than I should be due to overleverage. Ah shit, thats life. I still have a job and income so life isn't ending just yet.

d) Career-plan-wise I am at a stumble, a serious one. I was about to enter management, move to HK, head towards VP'ness.. as was my plan before returning to the States. Now the industry is shot to hell, banks are failing left and right, everyone hates investment banks so now there are none left to hate.. puts a spin on my plans.

So anyways I was going to explain in my thoughts what happened with the meltdown of the company. I guess I'll do it in part2 since its 2am and I need some sleep before my boring day at work since it seems nothing is really happening.

Sayonara!