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A comment on How Bank of America Ignores Its Own Rules to Prevent Dangerous Workloads. Parent comment

Re:How Bank of America Ignores Its Own Rules to Prevent Dang... by ForOldHack on Monday August 12, 2024 @03:15PM (#41228219)
Investment banking is SELLING a bunch of stock, to collect commissions, and when you make a bad decision, covering it up. See 'Boiler Room.'
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Re:How Bank of America Ignores Its Own Rules to Prevent Dang... by NovemberWhiskey on Monday August 12, 2024 @03:21PM (#41228275)
No, a boiler room operation is typically a brokerage, which is a completely different kind of a business from an investment bank.
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