3 ms·
I remember calling the Citibank derivatives trading desk and they would answer the phone as "Salomon..." a full 15yrs after it had been purchased by and absorbe
by TuringNYC 3y ago
I remember calling the Citibank derivatives trading desk and they would answer the phone as "Salomon..." a full 15yrs after it had been purchased by and absorbed into Citi (post scandal, post acquisition)
https://en.wikipedia.org/wiki/Salomon_Brothers https://en.wikipedia.org/wiki/Salomon_Brothers
https://en.wikipedia.org/wiki/Salomon_Brothers#Acquisition_by_Citigroup https://en.wikipedia.org/wiki/Salomon_Brothers#Acquisition_b...
I think the culture, reputation, and infamy of the firm was so huge that people continued to subscribe to that history
- fnordpiglet 3y agoLarge parts of Goldman derivatives still uses J Aron name spaces and naming, particularly in the SecDB world. These sorts of things reflect a harkening to a time of ascendancy, often emulated, but slowly being strangled out by the hideous bureaucracy of the megacorp.