Apparently not. This last couple if years are really seeing the effects.
Organizations like this don't change overnight. There is a cautious approach to adapting technology. The tech side is maturing, and so are the company leaders. The old guard don't move to quickly but when they do it can be sweeping.
A successful organization is just like a well tended garden, weeding, pruning, thinning and fertilizing are all necessary. If you allow too many slugs to accumulate you lose the garden, same with allowing too many pickers!-
Citi Bank with its credit card division is almost as bad as a ponzi scheme they dole those things
out like candy to people who can't afford them. The mail is full of offers