As practitioners, you know better than I what is required but the major focus clearly has
to be on ways
to restore
profitability and rates of
return, with all that that means for pricing services, cutting costs, changing bank structures, diversifying into other activities and
so on.
there is no doubting that Arsene has helped
to provide us with some incredible footballing moments in the formative years of his managerial career at Arsenal, but that certainly doesn't and shouldn't mean that he has earned the right
to decide when and how he should leave this club... there have been numerous managers at each of the biggest clubs in Europe throughout the last decade who have waged far more successful campaigns than ours yet somehow and someway each were given their walking papers because they failed
to meet the standards laid out by the hierarchy of their respective clubs... of course that doesn't mean that clubs should simply follow the lead of others, especially if clubs of note have become too reactionary when it comes
to issues of termination, for whatever reasons, but there should be some logical discourse when it comes
to the setting of parameters for a changing of the guard... in the case of Arsenal, this sort of discourse was largely stifled when the higher - ups devised their sinister plan on the eve of our move
to the Emirates... by giving Wenger a free pass due
to supposed financial constraints he, unwittingly or not, set the bar too low... it reminds me of a landlord who says he will only rent
to «professional people»
to maintain a certain standard then does a complete about face when the market is lean and vacancies are up... for those who rented under the original mandate they of course feel cheated but there is little they can do, except move on, especially if the landlord clearly cares more about
profitability than keeping their word... unfortunately for the lifelong fans of a football club it's not
so easy
to switch allegiances and frankly why should they, in most cases we have been around far longer than them...
so how does one deal with such an untenable situation... do you simply shut - up and hope for the best, do you place the best interests of those with only self - serving agendas above the collective and pray that karma eventually catches up with them, do you run away with your tail between your legs and only
return when things have ultimately changed, do you keep trying
to find silver linings
to justify your very existence, do you lower your expectations by convincing yourself it could be worse or do you stand up for what you believe in by holding people accountable for their actions, especially when every fiber of your being tells you that something is rotten in the state of Denmark
But most brokers also appear: a)
to be fairly / over-priced relative
to their current
profitability /
return on equity, and b)
to be in a race
to the bottom *, both in terms of market - making and offering the lowest cost & best technology,
so the underlying business dynamics aren't necessarily all that compelling.