A Thousand Here, a Thousand There
The Ai Guillotine Makes Good Cents
https://www.nytimes.com/2026/04/21/business/ai-job-cuts-wall-street.html
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My fear is--how quickly will this merely become the norm?
It appears to be happening with lightning speed.
Both sad and terrifying.
Hey, J. O.
Re. your final plate:
Moynihan comment hit me hardest. Back in the 80s and 90s, at my investment banking firm, for Trust and security services I could pick from Citibank, Chase, Morgan, Chemical, ManyHany, Bankers Trust, and BNY. Quality institutions, all. Places where I can still remember the full names of the account representatives I worked with.
In today's environment, I haven't a clue who I would use, where I would go. Financial institutions are just like the current administration and the American oligarchs. They don't have a care in the world about people, customers, long term relationships!
But, you brought back fond memories.
Thank you for that!
Best... /g