4 ms·
Clients have short term memories. After all blowback from 2000-2002 and then 2006-2008, i thought, for sure, no one would do business with many of these firms.
by TuringNYC 8y ago
Clients have short term memories. After all blowback from 2000-2002 and then 2006-2008, i thought, for sure, no one would do business with many of these firms. But memories are short lived.
- cm2187 8y agoOne thing to keep in mind is that after the crisis, a lot of banks scaled back (or were forced to scale back). Lots of banks exited the investment banking market, leaving the incumbants between them. Clients probably didn't have that much of a choice.