You are viewing a single comment's thread from:

RE: The eternal conflicts of interest within banking? – NEVER trust a banker

in #steemit8 years ago

Yes, there are plenty of mechanisms to silently get the money flowing from the clients' pocket to theirs. I know some bank employees that had a bad time because they refused to sell some product that would be a bad choice for some particular clients. They had strong incentives to do so, but they chose not to follow superior orders and obviously then they were not welcome anymore because "they were not commited to the institution and are not contributing actively for the banks goals"