BNY Mellon failure — brought to you by the same people (arrogant bankers) that brought you the financial crisis of 2008. Wall Street luminaries like Charlie tend to think they deserve higher pay because finance now requires greater technical competence. But all they do is skim profits and gamble with other people’s money.
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The Bd. is in on the scheme, trust me. It's analogous to letting the Vatican police its own priests. A total joke.
Great comment! Has anyone considered sending formal complaints to the Board of Directors? Or perhaps the subcommittee who is in charge of overseeing the social responsibility of the company? The Board is ultimately responsible to the shareholders and with leadership driving the company into the ground - financially and ethically - you would think they should understand and be held accountable.