Bank of New York

[bobbarley]

Was sent a link to this today.  Someone who recently left the bank I work at was kind enough to leave a review on the glassdoor.com website.

 

[Jay]

I'm guessing he may not have liked working there, just a little 

[bobbarley]

Haha yeah just a tad.  He's absolutely spot on though, I can't find an single error is his analysis of the company!!

[bomp]

Bank of NYM are under investigation for fleecing the US civil servant pension funds for the past 40 years or so.

Bank of America staff in Chester will be more peed off when it folds over, as it's insolvent.  http://boombustblog.com/BoomBustBlog/Bank-of-America-Lynching-this-CountryWide-s-Equity-Is-Likely-Worthess-and-It-Will-Rape-FDIC-Insured-Accounts-Going-Bust.html

Look on youtube and you'll see people being arrested for trying to close their accounts (if they turn up in numbers), or try to swap their money to credit unions.  If thats not bad enough, they recently put $54trillion of the toxic derivatives they inherited from buying Countrywide and Merril Lynch into the retail arm of the bank, and under the agreement of the swap, the regular Joe depositor will be second in line to recieve refunds if the bank fails.

[bobbarley]

We all got an email from the CEO about the law suit in the US. He wanted to assure us it was a pile of crap. Lol like he'd tell us anything else!

[boneybradley]

That so reminds me of lloyds and how they are trying to finally finish the hbos! Take all the customers who make them a good profit and fook the rest by closing bits down or reducing services!!

(also the government ensured no takeover/merger rules were broken! followed)

[bomp]

We all got an email from the CEO about the law suit in the US. He wanted to assure us it was a pile of crap. Lol like he'd tell us anything else!

Yeah, hedge fund manager Rajaratnam denied everything too, and had to admit to what they exposed with phone recordings in court.  11 years in jail is a start I guess, and the FBI charged his mate Gupta today, director of Goldman Sachs NY.

[bobbarley]

Funnily enough our CEO resigned a few months ago with no explanation given.