The happenings on Wall Street remind me of the science fiction books I've read about the great collapse. But just when I was thinking that things are really, really bad, I saw this article in the NY Times -- Silicon Alley and Silicon Valley are hiring. Start ups are still OK. Venture capitalists still have money. Here's a link to the article: http://bits.blogs.nytimes.com/2008/09/17/silicon-alley-to-wall-street-send-us-your-resume/
The advantage is that you're helping to start something new. So if you're down and out on Wall Street, escape to the world of start-ups and entrepreneurs.