What an ignorant post.
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That is just a seriously stupid comment. Wells don’t do prop trading in weird derivatives and they don’t engage in other risky stuff. Our credit / counterparty risk strategy is conservative. A cr---y company culture, high expense ratio, and inept leadership will not result in a Lehman‘s style implosion…
With the asset cap in place, I doubt it.
Interesting post ..
Lehman was a very complex business that was ultimately driven to the ground by management stupidity.
Wells : simple business driven to the ground by management stupidity and by inept employees (past ones for most part).
you guys suck wishing over 200k people to lose their jobs
One can only hope.
Wouldn’t that be somethin? What would be the knockout blow though?
I agree you just keep you eyes focused on crypto, NFT's, and digital real estate, and the most expensive unprofitable tech firms.
nah.