This just in from Reuters: a positive fallout from the financial crisis?
LONDON (Reuters) – A wave of job cuts in the wake of the financial markets meltdown is causing hundreds of City bankers to turn to UK charities in search of work.
Charities are keen to hire the former star bankers to help them raise funds and are able to pay better salaries than in the past, said forum3, a recruitment agency…
It will be interesting to see how the skills translate. And what, if anything, this does to the balance of power, and the flow of human and financial capital, between the non-profit and financial sectors.