| Topic Name: |
Concerns for 2006 |
| Message Name: |
Dellusional Again in 2006 |
| Date Posted: |
01/01/2006 |
| In Reply To: |
My biggest worry for the new year is workplace violence. There are a lot of very angry people and some of them freak me out. I just hope we don't make news for the wrong reason. No matter what department you're in it seems there's a high frustration level and people seem to be more touchy than ever.
Other concerns for 2006. A sale is four years closer to happening. Might be even closer based on what we're hearing about possible buyers. I still think an earlier posting about a Merrill buy is right on track given the kind of money they have and O'Neal's interest in acquisitions.
And the other ongoing concern for '06 is the decline in morale. I've only been with this company for about 2 years and the spirit has changed greatly. |
| Message: |
Please use a little logic -- why would Merrill buy BB? Merrill makes money by underwriting, proprietary trading, and commissions from asset management and private banking. Where would BB fit in any of this?
If Merrill controlled a news/information source, do you believe their competitors (broker/dealers) would remain customers? Do you believe the SEC/NASD/FAS/FTC or any other regulatory body would permit Merrill to control a news organization? Very unlikely.
Could BB be sold -- yes. But not to a Merrill Lynch. And for those BB employees who believe that a sale would be windfall to them, why? Will you be able to keep your job? Maybe -- maybe not. All those highly-paid in-bred cretins who have been at BB for 15+ years will surely be ejected. Though BB claims to be a meritocracy, the proof will be in their performance. Without all the secret metrics manifested in DRQS, TREQ, HIER -- the truth will be out. BB managers who spent the better parts of their careers mastering that crap will be out'ed for the useless automatons they've become.
Big payout? Why? Not any one of the thousands of regular employees has any equity in the company. Those CERTS everyone moans about are just a form of profit sharing with a complex formula designed to induce skill-less staff to stay at the company well beyond their usefulness to anyone except their equally future-less bosses.
Unhappy with the current state of affairs at BB? Don't wait for 2007, that'll be just one more year of life wasted. Take matters into your own hands and do {wiki equityrecruiters } and call every one of them.
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