Thanks for calling matchaful instagram Salomon in the early 90s, like most investment banks at that time, still had the culture of a private partnership, even though it went public in 1981. Gone were waiters bringing china plates and silverware to trader's desk. Soon to be gone were cigars and open smoking on the trading floor. What was still barely hanging on was a sense of collective ownership, a result of employees having most of their money reinvested in the firm.