Comments on the two articles about "Vice President"

The two articles on xys.org on "Vice president" with
financial institutions, one by a group of anonymous
people from Wall Street, followed by the other by Bing
Liu, a branch manager of Bank of New York, are
erroneous.  While it is true that many "Vice
Presidents" in the bank are people without management
responsibilities, it is also true that many people
with management responsibilities do not even have the
"Vice president" title. (I've seen branch managers
with a title of "Assistant Vice President") 
Nevertheless, there are "Vice Presidents" who have
huge management responsibilities of both people and
resources.  I've worked with a"Vice President" who ran
a derivative desk with annual P/L in tens of millions
of dollar, and traded billions of dollars on behalf of
the bank.  The wacky claim by authors of both articles
that all "Vice President" are without authority or
management responsibilities is too much an
exaggeration.  And for the benefit of people who care
too much about titles, there are places (not a branch
for sure) in a bank where people use this phrase a
lot: You can call me janitor as long as you pay me.  

It would be more helpful to readers for the authors to
explain corporate title structures of banks, and give
some statistics  (for example, for the two big banks I
worked for, about 5% employees have the "Vice
President" title) than making general claims about a
big group of people.  As for those young people who
use their "Vice President" titles in China, I see
nothing wrong.  If anyone envies them, please follow
their steps.   At a theoretic level, please also think
more thoroughly about how banks and markets work.  I
do not understand what the authors of the two articles
were trying to "prevent" those "Vice Presidents" from
doing in China.  To me, there are no other group of
people who are better qualified than those "Vice
Presidents" to help China's financial institutions in
current environment.  It is also an underestimate of
the knowledge and intelligence of people in charge of
Chinese banks to think that they would give someone
big responsibilities just because of a "Vice
President" title.

A "Vice President" from a bank