Quote:
Originally Posted by Bring_Back_Shantz
Not really, and that's a HUGE leap to make.
All we can tell from the article is that TD has high expectations for sales targets and that some employees (might be a minority, might be most, we don't know) have been doing illegal things because they thought that was the only way to meet their goals.
Now if TD had a culture where managers were pushing people to do illegal things then that is a MAJOR problem and the bank should be punished. However if this is a case of employees making a decision on their own to do illegal things to meet their targets, then that's a whole other story.
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With all due respect, this is incredibly naive thinking on your part.
As I mentioned previously, the entire system is set up to make it easy for staff to cheat but protect the managers and executives. It is really easy to speak in such a way that encourages the behaviour without a manager having to implicate themselves.
And TD is almost certainly aware of the behaviour and turning a blind eye towards it. Easy to publicly deny it and talk about their code of ethics but implicitly both support and enable the behaviour.