Morgan Stanley's own website lists 20 pages of available jobs in its North American institutional securities division, including many technical and risk management posts but also positions in equity research, in derivatives and in prime brokerage.

FORBES: Wall Street's Hiring Spree

"I want to be optimistic and say that 800 megahertz will be the gold standard, but given the costs of the equipment, it's going to be a very slow process, " says Dan Sibo, a technical and operations manager in the Michigan State Police's emergency management division.

FORBES: Crisis Communicating