Lots of Managing Directors in trading are getting free money. Trading revenue is estimated decline significantly. However, Bank of America still have too many trading managing directors. These MDs didn’t create enough revenue yet get paid ten times more than average worker in Bank of America. CEO need to replace blood of the firm by removing expensive trading managing directors who are losing money. Keeping those managing directors who only b---s---ing not doing works are toxic to firm’s culture. And it’s also unfair to everyone works hard making money for the firm.
8 replies (most recent on top)
All old farts who can’t get it up please don’t forget to + @5zqb
You know you want to.
It is ok. You won’t be g-- afterwards
@5gak, that is the typical millenial comment that doesn't make any sense. It explains why their politics are so skewed to communism.
Fridays don’t count
@4spy, how does one do that if one is male and the boss is male and neither is g-- or bi-s-xual?
I heard sleeping with the boss may help as well.
To be a trading MD, speaking English well is not really that important. One just needs to know the top 5 swear words (can't list them hear) and be able to beat someone into a corner with their voice and demeanor. Skills, experience, and performance plays a minor role in the qualification requirements for this position. As someone posted in a previous topic, the risk managers control the bank, so all the Trading MD has to do is maintain very low risk positions and beat up his or her opposition regularly to be seen as doing a good job. So performance is not important at all and this is reflected directly on the annual 10k report.
You should consider learning to speak (a write) proper English. Perhaps you’d have an opportunity to become a MD if you’re “Englrish” wasn’t so bad.