Has anyone seen/had to deal with unethical behavior in banking?
Just curious if you've had to deal with unethical people in banking and what their practices were. Did you do anything about it? Anything extreme?
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Yes there are plenty of unethical people in banking. But I sense what you're getting at is if anyone did anything illegal - and that's a firm no. There's plenty of articles about why this field attracts ppl with these traits but in sum, long hours, intense work, competitive drive and having to deal with the usual corporate bs are too much for most ppl so many of those that remain are self-selected for these undesirable traits. Not wanting to put GS in the spotlight but a lot of the negative media press focuses on them - vampire squid, Jamie Higgins book, recent settlements, 1MDB scandal etc. If you wanna see more in depth about it look up Tim leisner for 1MDB and there’s videos of ex-GS MDs at Stanford who gave a talk about this with verified info. Long hours and sub-par work conditions result in a lot of “hungry” people who stay and high attrition rates. Ofc some say banking has a lot of psychos but imho that’s a stretch - lack of empathy may actually be confused for those with autism which is higher in banking. Hope that helps. Lmk if you have other questions and would appreciate silver bananas. Good luck!
Thank you very much, that was really helpful. I'll definitely check out Tim Leisner
No worries.
Sage Kelly. Todd Richter. Plenty of others
In a power move, I've decided to no longer force myself to deal with unethical behaviour but have instead leaned in to acting unethically on my own. tbh feeling pretty good about it
If you cant beat em, join em
Stay toxic, my friends
😂😂
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