How's the overall situation in BNY ? Was it this bad in 2008 ?
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WORST RUN FOR YOUR LIVES !!!!
So that means if recession 2020 does happen , Bny will get walooped !
2008 was dreamy compared to now
It is worse now. In 2008 the pressures were bad because the market was down so much. Now the market hasn’t gone down yet so you know that the worst case has yet to come.
In 2008 it was a family oriented environment, where people joined "for life" if they were good. The atmosphere was professional, the focus was to be "global" and the CoC was the ultimate yardstick by which employees were measured. Now, well, it's the inverse.
It's chaotic and er-t-c also sometimes haha
BoNY really missed a golden opportunity to clean house in 2008. If we took our medicine then there'd be no Charlie today.
Nope, not even close