Woe to Wall Street Interns?

This CNBC story begins, "Imagine being a summer intern at a company that was getting slammed by huge losses, laying off hundreds of workers and even subject to rumors about its survival . . ." This doesn't seem to be the best time to be a Wall Street intern, but "neither Merrill Lynch nor Goldman Sachs has considered lowering or eliminating intern pay as a cost-cutting measure . . . the benefit of exposing bright college students to your business significantly outweighs the cost of a first-year salary, off which most Wall Street interns’ pay is based." (Really? Does Merrill Lynch pay their interns? THAT'S news!)

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