The Picard Maneuver@lemmy.world to People Twitter@sh.itjust.works · 6 months agoIs that some sort of non-profit?lemmy.worldimagemessage-square35fedilinkarrow-up1777arrow-down17
arrow-up1770arrow-down1imageIs that some sort of non-profit?lemmy.worldThe Picard Maneuver@lemmy.world to People Twitter@sh.itjust.works · 6 months agomessage-square35fedilink
minus-squaremaynarkh@feddit.nllinkfedilinkarrow-up20·6 months agoOh, Goldman also does the weirdly inflated titles game like Morgan Stanley?
minus-squareKaryoplasma@discuss.tchncs.delinkfedilinkarrow-up31·6 months agoThey call everyone a VP so idiot customers can brag about how some important guy gave them investment advice. It’s a scam to fool the gullible.
minus-squareTheKMAP@lemmynsfw.comlinkfedilinkEnglisharrow-up18·6 months agoI think originally it came from banking regulations requiring high level approval before someone could do risky shit. So now everyone is a VP
minus-squareKaryoplasma@discuss.tchncs.delinkfedilinkarrow-up17·6 months agoSo, it was a legal loophole? That’s kinda even more shady lol
minus-squareAceticon@lemmy.worldlinkfedilinkarrow-up4·6 months agoFrom my experience working as an IT freelancer in the industry (so I’ve worked in a number of places), they all do that in Finance.
Oh, Goldman also does the weirdly inflated titles game like Morgan Stanley?
They call everyone a VP so idiot customers can brag about how some important guy gave them investment advice. It’s a scam to fool the gullible.
I think originally it came from banking regulations requiring high level approval before someone could do risky shit. So now everyone is a VP
So, it was a legal loophole? That’s kinda even more shady lol
From my experience working as an IT freelancer in the industry (so I’ve worked in a number of places), they all do that in Finance.