You seem to be knowledgeable on tech spending. Care to respond to EBITDAHA's statement that the bank is "spending tens of million" on technology even as we speak? How about taking a stab at what they SHOULD be spending?
All this discussion about BB&T's systems may be correct. From what I hear they are spending excessive amounts on relatively useless project management personnel and not much of anything on essentials such as new systems and the necessary programming staff to support new and existing systems.
Right you are (as best I can tell). The culture of "management and the CEO can do no wrong", if continued, will eventually be detrimental to employees and shareholders, imho. Look what happened to Wachovia. It seems as if the management and CEO oftentimes did not know what was going on in the trenches.......where the customers are.
This is an opinion.
America, and the rest of the "free world", now have no choice except to eliminate terrorism. There are no other options, if we wish to remain free and not live in a state of seige which, like cancer, would eventually kill us. I think Americans will hunker down and get the job done. I now see even young Americans in shock.........those young adults who were not alive when Pearl Harbor was attacked, and who think Viet Nam is a type of sushi. I think they will now abandon their self-glorification and self-centeredness and pull together for the good of America. They, too, have no choice because the alternative is slavery under the terrorists. The terrorists may have the WILL to win, but they do not have the RESOURCES to win.
Personally, I am just happy that we have people like Colin Powell in important jobs like Secretary of State, rather than insipid Democratic groupies like Clinton's first secretary of state, Warren Christopher..
I am worried a bit about the state of readiness of the US military. Clinton cut back so much funding to the military. You may remember that the Apache helos the US sent to Bosnia never flew in combat because of the lack of maintenance and spare parts. (Although the Apaches had an excellent combat record in the Gulf War.)
GOD BLESS AMERICA.
I just hope America has the stomack to do what is required to eliminate terrorism. A harsh problem that requires very harsh solutions. All terrorists must be "eliminated". Do you think we have the stomack for it? I have.
Your reply saying only "pompous ass" was directed to rwmgn, isn't that correct?
I noticed, too, that yacob_smirnoff did say that he intended no insult to rwmgn. Yacob's post was not offensive, imho.
Let me assure you my good man there is no one on this earth more concerned about the poor citizens of this country that have been killed and injured than I am. I lived through WWII and served in the U S Navy. Yes, we are up against a different kind of enemy today. I do prey our government officials find the answers and do the right thing.
I take it you were bothered by me asking a simple question about the market at this time. Now, take a minute of your time and think what it would do to this country if we had a failure of the market at this time.
I DO NOT BELIEVE MY POSTING WAS OUT OF LINE.