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I thought this was well-known, that everyone's a VP in the financial sector because a lot of contracts required a VP or higher to sign off on a lot of things an

I thought this was well-known, that everyone's a VP in the financial sector because a lot of contracts required a VP or higher to sign off on a lot of things and it was easier to make everyone a VP. Sort of like giving everyone sudo access.

citizenpaul 1y ago
> lot of contracts required a VP That is probably really outdated and no longer a thing. I'm guessing based on what I saw. I remember when we bought some small local bank they told us not to tell the customers/merchants/vendors that basically there would no longer be local decisions made since everything goes through the banks underwriter/contract/ect systems. They literally told the local VP's to pretend they were making decisions. I'm not sure why I was included in this since I was just working on the migration. They probably didn't know or care that I was there is my guess.