Lack of diversity in the workplace
- Thread starter paydawg
- Start date
NEW -> Contingent Buyer Assistance Program
Just a thought... do you think nepotism is at play here? I know some places specifically have rules against hiring family, usually to prevent collusion, but I've worked at a fairly large company where nepotism was a HUUUUGE problem. Total slackers would get promoted because their sister / brother-in-law was a higher-up and some girls were also sleeping with our boss. People who abused their positions got to keep their jobs, no questions asked. Also, people who were good employees were railroaded. When you mentioned the extended vacations being modeled by your superiors, that was one red flag which made me think about it. So, maybe they are all white because they are literally all related. lol. Hey, crazier things have happened... I've seen it!
I'm in a portfolio management/risk management position working on mortgage-backed securities. These securities are extremely complex, and as loans started going bad in 2007, the securities unraveled, exposing billions in liabilities and affecting multiple investors (think of the book/movie "The Big Short"). I work on settling all of these liabilities with investors, insurers, mortgage originators, government agencies and other stakeholders.
socal78
Well-known member
paydawg said:
Just a thought... do you think nepotism is at play here? I know some places specifically have rules against hiring family, usually to prevent collusion, but I've worked at a fairly large company where nepotism was a HUUUUGE problem. Total slackers would get promoted because their sister / brother-in-law was a higher-up and some girls were also sleeping with our boss. People who abused their positions got to keep their jobs, no questions asked. Also, people who were good employees were railroaded. When you mentioned the extended vacations being modeled by your superiors, that was one red flag which made me think about it. So, maybe they are all white because they are literally all related. lol. Hey, crazier things have happened... I've seen it!
paydawg
Active member
eyephone said:
I'm in a portfolio management/risk management position working on mortgage-backed securities. These securities are extremely complex, and as loans started going bad in 2007, the securities unraveled, exposing billions in liabilities and affecting multiple investors (think of the book/movie "The Big Short"). I work on settling all of these liabilities with investors, insurers, mortgage originators, government agencies and other stakeholders.