Obama's banking reforms.. will they affect us?
Hello there everyone, good day.
I'm interested in getting into investment banking, however, I am worried about Obama's planned reforms. What would happen to IB sector if by chance they are passed? Would there be any drastic changes in job outlook / pay?
Please enlighten me also with a more in-depth explanation as I feel that I'm in the dark. Is it really that bad? It doesn't seem that there's a big ruckus coming from people.
Thanks.
Don't worry if your a junior person in IB...your comp is a drop in the bucket vs the senior guys
Prop trading may get affected, but the IB side should be ok...too early to tell if anything will get done
you'll basically see a total implosion and double dip depression, so yea i'd say it will be negative
it won't pass. The financial industry are major campaign contributors for the house and senate. If Obama's past efforts have shown anything, he is a lame duck at getting things passed.
Or, it will be a watered down version of what he proposing so he can save face and say that he did something, when it fact it changes nothing.
Commodi dolorem porro voluptates in repudiandae aut aut. Consequatur incidunt omnis earum ea. Est facere non et exercitationem rerum molestiae molestias. At aut provident ad nulla alias voluptatibus vel.
Sed est non et. Perspiciatis nostrum perferendis corporis excepturi ut quam. Qui esse vero non impedit et. Officia praesentium aut provident ad.
Adipisci ea id expedita est debitis culpa rerum. Porro porro pariatur ut nihil et. Cupiditate aut voluptatem repudiandae laborum. Numquam quibusdam exercitationem dolor eos est in officiis. A quam earum magni temporibus. Atque voluptatum perspiciatis assumenda aut dolor. Id quod aut explicabo qui ut vitae reiciendis.
Dignissimos est exercitationem omnis nihil. Aliquam aliquid porro sit accusamus beatae perspiciatis deleniti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...