It is a world-wide issue and my firm has not gone unscathed; yesterday we announced more than half the staff will be let go over the coming months. It is incredibly scary as we seesaw on the brink of insolvency. And to think I left the Real Estate industry to work in the stable world of investment banking!

Today, the beloved and long-time leader of our company is packing his office; a revered man, gentle, humorous, and unquestionably respected, is leaving. I am saddened, sickened, and worried about what will come next — not just for me, but all of us.