Those of you who remember his rant from the start of the year, Rails is a Ghetto know that’s he’s had some bad experiences with startups. Although that rant might have led you to believe that he was unemployed, Obie Fernandez explained in a blog post (which reads like the half-hearted explanation made by someone trying to excuse his drunk friend’s violent behaviour at the party last night) that Zed “is happily employed by a major, household-name financial institution in New York City, where he comes into work everyday with a nice shirt and tie”. The problem is that the financial institution in question is even more of a household name today: it’s Bear Stearns, the biggest victim of the subprime meltdown. You can find out more on Zed’s blog (which alas, has no permalinks).

Global Nerdy is Joey deVilla's technical blog. It covers all sorts of nerdy things, whether they have to do with life, work or play -- from a short blurb on the latest tech news to a book or game review to full-length articles on some aspect of programming that he finds interesting.
Joey is the Nerd Wrangler at b5media, a Toronto-based startup behind a global media network of 320 blogs which get a total of 10 million pageviews a month. He brings a combination of software development skills, blogging experience and rock and roll accordion to b5.
(The standard disclaimer applies: the opinions expressed in this blog are solely those of Joey deVilla and do not necessarily reflect those of b5media.)
He's an active participant in TorCamp, a community of people interested in building up Toronto as a creative high-tech city.
Joey's best-known extracurricular activities are playing rock and roll accordion and blogging at his personal weblog, The Adventures of Accordion Guy in the 21st Century.
Calling Bear Stearns a “victim” is like calling Jeffery Dahmer a victim just because he ended up in Jail. Some of the unfortunate employees might qualify as victims, but the institution certainly doesn’t.
@Ry4an: “Victim” could be the right word, in the sense of “victim of one’s own short-sightedness” or “victim of one’s own actions”. But I see what you mean.