"Rick" is generally actively supported by a non-technical manager who wants to keep the project from going to a more agile team ("it will take you 1000 man years to replace this and if you try we will make your attempts fail until we do it ourselves") and it locks in nice inflating budget.
1] She brought value to the table and was discriminated against.
2] She brought little value to the table, was one of those whiny entitled people (ooh look I have all these degrees, now I should automatically be promoted), who cannot accept the truth, and resorted to sleeping with a senior partner to compensate and when it all fell apart she got offended.
There is Goldman. And banks that emulate their culture. And there is everyone else.
The bad banks tech orgs are clubs for VIPs and friends and relatives of the business and the tech just doesn't matter, as a result you have a poisonous culture and an army of frauds. Especially true of the failed investment banks that got acquired by consumer banks. If you find yourself in the latter, and you are not part of the club (ie refuse to perpetuate the fraud of screwing over the business to enrich some tech executives agenda) run in the opposite direction. Join a trading firm instead.
lol Goldman with a proprietary secdb where techs and strats are locked into an ecosystem that they can't move out of whilst the firm is ironically trying to move off the silo?