It's time people start asking some real questions on the next townhall. Stop all these layup Q&A and someone really push a ton of questions about compensation. Rise up against these people and stop letting them continue to su---r punch us year over year. It's disgusting behavior to not even do merit raises and reduce people's bonuses - but BM get 21% MORE? Complete joke of a leader. P_ss on his grave one day.
14 replies (most recent on top)
I’m preparing to ask questions during next town hall. I am going to submit my resignation 5 min before the meeting
OH YES
Just STAND UP FOR YOURSELF at the next town hall!
yahoo.com/news/jpmorgan-employee-questioned-jamie-dimon-174335133.html
@gv+1jkvdbfep - Mngt is far too risk averse to ever get there.
Crikey, we can't even lend to any businesses unless they are stellar, making money, hugely profitable and can re-pay the loan (which they really don't need b/c they have strong cash flow and liquidity). the businesses that actually need the loans aren't approved.
Our risk profile is so low.
Here is a question.
What is the chance that the US will have a Minsky moment
and what is BOA's plan if it does?
According to the hypothesis, the rapid instability occurs because long periods of steady prosperity and investment gains encourage a diminished perception of overall market risk, which promotes the leveraged risk of investing borrowed money instead of cash. The debt-leveraged financing of speculative investments exposes investors to a potential cash flow crisis, which may begin with a short period of modestly declining asset prices. In the event of a decline, the cash generated by assets is no longer sufficient to pay off the debt used to acquire the assets. Losses on such speculative assets prompt lenders to call in their loans. This rapidly amplifies a small decline into a collapse of asset values, related to the degree of leverage in the market. Leveraged investors are also forced to sell less-speculative positions to cover their loans. In severe situations, no buyers bid at prices recently quoted, fearing further declines. This starts a major sell-off, leading to a sudden and precipitous collapse in market-clearing asset prices, a sharp drop in market liquidity, and a severe demand for cash.
@bv+1jkvdbfep - exactly. I sit on the Executive Support team that writes the questions then assign to the "appropriate" executive. Then, we send around to the various LOBs to write the answers.
Others we just make up if there is a point that management team especially wants to make.
Most of the real submitted questions are ignored, while a few are pasteurized for prime time.
Very carefully orchestrated. Except for Davos, which did not go quite so well.
They will be even more careful to not let THAT happen again.
"It's time people start asking some real questions on the next townhall."
That is probably one of the quickest ways to get fired.
I believe more in the fact if you can bench more than your manager and kick their a-s - you should just be the manager. At this point, all the spineless losers only hold power over a veiled threat to fire someone --- well good luck with that. Watch what happens when the people rise up and starting kicking some a-s.
"It's time people start asking some real questions on the next townhall."
That is probably one of the quickest ways to get fired.
The type of atmosphere in the US that you are suggesting
died a while ago when people were less easy to replace mostly.
I can tell you from first-hand experience what happens when submitting a "tough" or "honest" question at a town hall - which, by definition, is supposed to be an entire session of Q&A with the "townfolk" and not 55 minutes of BS no one cares about and 5 minutes of planted people blowing smoke up the speakers azz disguised as a question. You will be punished for submitting that question. If there is anything in common amongst all the so-called "leaders" in this place...it is that they are all insecure, thin-skinned, petty, and vindictive @holez who despite what they say publicly, do NOT want your feedback.
From how i understand it and a town hall ive been too with an executive, they have ppl submit questions before hand so they can prepare answer's and not be caught off guard! Also they dont just let anyone into those, the 1x i went i asked bout the 2025 wage increases n how were they gonna help us tenured over $20 that have worked for years to get to over $20hr, because it took me 6hrs of hard work exceeds and 3% raises to get to $20 but someone with 6mon is gettin bummed within 3yrs regardless of work and will earn higher increases then me with less work! Were looking into it was answer! Never went back or invited to another, been here 13yrs now!
Most of the questions are planted for this reason
Being scared (comment about tough guy) is not the way change happens. Fear is the control…and history text will explain that for you if you can’t see what is front of you. You/we cannot be complacent. Have some spine and do what’s necessary people. ASK THE TOUGH QUESTIONS I.e. why was everyone sc--wed in pay. Period. I have no problem doing that because we have the power until people like you start throwing doubt. Shame on you! I have no words. Lack of historical education will be the detriment of “the people” we all have to…not fight, but educate first as much as we can. Education of history and current education about truth is the only way forward against…we’ll just say for the “uneducated”, but we’re all know what I mean. Fight them!! Fight! All of you. Don’t be scared and act. Call for action, encourage it. We are the people and we do have power!!
Go for it tough guy
I think you failed when you thought you could expect authenticity and this place, ha!
They'll never take real questions. All the softball questions they answer are from sycophants they plant in the crowd and are told what to ask. They would screen out any real or "uncomfortable" questions.