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Hi MTR, I don't know about IBM, but you've just described pretty much the entire culture of Silicon Valley. In my industry (financial planning), I always, always wear a suit and tie when going to visit clients/prospects. If I turned up wearing casual clothes, I would (quite rightly) not be...

If I could, I would shake your hand right now, good sir.

Was he violating the dress code? No? Not a double standard.

I don't think that means what you think it means.