How Tone-Deaf is Solomon?

Imagine many of you have seen this in the news, but Solomon sent an audio recording on Sunday regarding the recent events in the media. Included below is his comment regarding the GS survey:


"Just remember: if we all go an extra mile for our client, even when we feel that we're reaching our limit, it can really make a difference in our performance," he said.


I mean, that's got to be about the worst response he could have come up with right? "We know you're all struggling right now, but you need to keep taking this shit so we can continue to increase our bottom line" Gotta say, I feel incredibly motivated after hearing that....


Thoughts?


https://www.bbc.com/news/business-56495463

 

Which is crazy to think any intelligent person would try to do; the culture was obviously going to collapse at some point and take the bank's marginal strengths with it. Bankers at a fundamental level don't know when to say "no" to new business. This guy wants to crack the whip and keep everyone on their toes to chase every single deal possible when taking it a little easy would still leave the bank immensely profitable and let employees not die. 

 

I mean realistically this guy probably sees himself as the GOAT. 


Came from a nontarget (at the time), rose through the ranks, made CEO of arguably the most respected BB, and gets hailed as this amazing DJ at the same-time. I bet 99% of everyone near him dickrides him. So, no wonder he is this disconnected. 

 

Not sure what Hamilton College's reputation was like back then but it seems like a place for privileged kids now who would turn out well either way because of family/friend connections

 

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