Better? Worse?
6 replies (most recent on top)
If a year ago I answered this question and I told you that the economy collapsed amid a global pandemic you wouldn’t have believed me.
So how does anyone know what will happen in a year?
Pirates of the Caribbean
The bank is definitely in a better position and I think this go around will be just be bringing in more vendors instead of actual hires so depts can shrink back down to their normal size. I doubt many permanent roles get created or people promoted
The bank is in a better position than it was in 2008. No doubt credit is taking a hit, but the long-term risk may be from consequences on what the US Treasury has had to do.
The bank will collapse, people have no jobs to pay their mortgages
It’s hard to say. I think we are bleeding revenue right now but Moynihan has been such a positive national figure that I hope we are rewarded in the future for it