Want to know why things are getting better at Fahnestock?
Bud was threatened by the regulators and forced to open his wallet. Bet he didn't tell you OPCO guys that! Someone ask him!!!
Maybe next time the regulators won't be so easy. Wonder what they saw?
You have toilet paper in your branch?!?!
brokers no longer have to use both sides of the toilet paper!
Bud lite is checking on this though.
In what areas did he make improvements?
I don't know that exact dates, but regulators showed up because of the problems with the OPCO merger...and threatened a large fine.
In the context of the last fine Bud received for other merger problems, this one could have been larger than last. Obviously, it was enough to cause Bud to spend some money to improve certain areas.
I'll bet George Washington must have blinked from the light coming out of Bud's wallet!
By the way, in case you don't know, they blocked out access to the OPY Yahoo message board within the company.
Reminds me of the Communists: don't let the people hear any negative news, and they'll think it is the best of all possible worlds. Yeah, right. I'm sure that works well in North Korea and none of the people think they're starving to death.
As Orwell said, "War is Peace, Freedom is Slavery, Ignorance is Strength"
Brilliant literary analysis,
Perhaps they just want workers WORKING.
Did they really block access to this board?