Saturday, January 17, 2009

Toaster salesmen

Over dinner in London this past week heard a senior director at a large Wall Street house describe his soon to be partners at an even larger US retail bank as 'polyester suited toaster salesmen'. That's a sure fire sign that the integration of the two firms is going well! Everyone in the brokers London office was asked to reapply for their own jobs over the last couple of weeks- a request that went down like a lead balloon. If it wasn't for the fact that no one else is hiring there would be a mass stampede out of the front door.

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