Euroblog
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Beer market News from investment banks this week reads like symbolic inventions of satirist commentators. A three hour lunch caused a Morgan Stanley oil trader to take a big short position. Unable to explain the outsized risk, he’s been banned for two years.
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Keval.Shah@citi.com Move over Katie and Peter, Jez and Becky! There is a new celebrity couple in town.
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Bond Bitch is there nowhere to hide from the inanity that is Twitter? First we had Eirik Winter telling us he was knackered and going to bed and now ... Dexia???
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Bond Bitch Happy Easter to all and especially to those at Mother Merrill. To celebrate, Nick Dent will be wearing a full size Roger Rabbit outfit. The suit was purchased on eBay when Nick was a little worse for wear. Sadly, the last time he wore it, the kids were really scared and burst into tears. Perhaps next time he should put the rabbit mask on over his own face?
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BondBitch There we were, all at the ready, for the big day. Hadn’t washed for a few days to get that extra special ethnic-protester-in-demo-mode odour, I’d dug out those ripped jeans from the 1980s, and all that for nothing...not a single protester in sight, barely a whiff of tear gas all day. G20 — what a flop!
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Bond Bitch Well the new parsimony didn’t last long. We hear that Stephen Hester, new chief of RBS, has taken out a NetJets private jet membership after growing tired of travelling between London and Scotland on the sleeper train. What’s not to love about being woken up at 5am with a cup of tea and a biscuit?
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Ken.Lewis@bofa.com At last! We might have found a buyer for the commode with legs and the $10,000 wastepaper basket kindly left to us by John Thain.
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Fix Dinkum Have you seen that video on the internet of the lions fighting the crocodiles? It’s an amazing piece of footage of the raw, primeval battle of the wild, the struggle to the death that savage beasts face on a daily basis. I think we’ve found the banking equivalent. Ladies and gentlemen, prepare yourselves for bonds versus loans, round one.
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Bond Dame We’ve seen a few unexpected things being blamed on the credit crunch this week. A Goldman Sachs banker has apparently given up on his divorce battle. He reportedly realised that with no bonus and a reduced salary, it was just cheaper to give in to his wife’s demands and stop the expensive legal battle.