The Picard Maneuver to People [email protected] • 6 months agoIs that some sort of non-profit?lemmy.worldmessage-square37fedilinkarrow-up1771
arrow-up1771imageIs that some sort of non-profit?lemmy.worldThe Picard Maneuver to People [email protected] • 6 months agomessage-square37fedilink
minus-square@[email protected]linkfedilink21•6 months agoOh, Goldman also does the weirdly inflated titles game like Morgan Stanley?
minus-squareKaryoplasmalinkfedilink30•6 months agoThey call everyone a VP so idiot customers can brag about how some important guy gave them investment advice. It’s a scam to fool the gullible.
minus-square@TheKMAPlinkEnglish17•6 months agoI think originally it came from banking regulations requiring high level approval before someone could do risky shit. So now everyone is a VP
minus-squareKaryoplasmalinkfedilink16•6 months agoSo, it was a legal loophole? That’s kinda even more shady lol
minus-square@[email protected]linkfedilink13•6 months agoMost financial institutions do, even down to local banks.
minus-square@[email protected]linkfedilink11•6 months agoReal estate people too. If you’re not a VP in real estate, you don’t really exist. I’ve met guys with a VP title who are like 23 years old and not even done their mbas. It just makes everyone look stupid.
minus-square@[email protected]linkfedilink4•6 months agoFrom my experience working as an IT freelancer in the industry (so I’ve worked in a number of places), they all do that in Finance.
Oh, Goldman also does the weirdly inflated titles game like Morgan Stanley?
They call everyone a VP so idiot customers can brag about how some important guy gave them investment advice. It’s a scam to fool the gullible.
I think originally it came from banking regulations requiring high level approval before someone could do risky shit. So now everyone is a VP
So, it was a legal loophole? That’s kinda even more shady lol
Most financial institutions do, even down to local banks.
Real estate people too. If you’re not a VP in real estate, you don’t really exist. I’ve met guys with a VP title who are like 23 years old and not even done their mbas. It just makes everyone look stupid.
From my experience working as an IT freelancer in the industry (so I’ve worked in a number of places), they all do that in Finance.