The Picard Maneuver@lemmy.world to White People Twitter@sh.itjust.works · 2 months agoIs that some sort of non-profit?lemmy.worldimagemessage-square41fedilinkarrow-up1776arrow-down17
arrow-up1769arrow-down1imageIs that some sort of non-profit?lemmy.worldThe Picard Maneuver@lemmy.world to White People Twitter@sh.itjust.works · 2 months agomessage-square41fedilink
minus-squaremaynarkhlinkfedilinkarrow-up21·2 months agoOh, Goldman also does the weirdly inflated titles game like Morgan Stanley?
minus-squareKaryoplasma@discuss.tchncs.delinkfedilinkarrow-up31·2 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-squareTheKMAP@lemmynsfw.comlinkfedilinkEnglisharrow-up18·2 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-squareKaryoplasma@discuss.tchncs.delinkfedilinkarrow-up17·2 months agoSo, it was a legal loophole? That’s kinda even more shady lol
minus-squareTexasDrunk@lemmy.worldlinkfedilinkarrow-up13·2 months agoMost financial institutions do, even down to local banks.
minus-squareS_204@lemm.eelinkfedilinkarrow-up12arrow-down1·2 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-squareAceticon@lemmy.worldlinkfedilinkarrow-up4·1 month 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.