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October 18, 2008
The shame!
You know things are really getting bad in the financial markets when FT.com's always-lively Dear Lucy column (previous post here) receives the following letter from an investment banker:
"At a dinner party last Saturday I was asked by a fellow guest what I did and I said I was an investment banker. I might as well have said I was a paedophile. Suddenly the whole table – all friends of my wife from the art world – turned on me with such venom I was really taken aback. I tried to defend myself by saying that I had nothing to be ashamed of in the work that I do in M&A, but the more I argued the more hostile the other guests became."
"Next time this happens – and I fear there will be a next time – should I accept guilt for what isn’t my fault, or should I lie and say I’m a librarian?"
Investment banker, male, 42
Among the many entertaining reader comments to the letter were the following:
"Bit surprised you were invited to dinner in the first place."
"Confess and beg for another glass of wine."
"A sensitive investment banker……….. whatever next?"
Posted by Tom at October 18, 2008 12:01 AM |
Comments
This is horrifying. I don't expect he'll be the last banker accepting (i.e. pleading) guilt for what isn't his fault. The behavior of his wife's friends is abominable.
Posted by: Kevin 
at October 17, 2008 8:21 PM
Next time he will probably be saying "I used to be an investment banker, but I've been unemployed for some time now."
http://www.portfolio.com/views/blogs/daily-brief/2008/10/17/hedge-fund-manager-goodbye-and-f-you
Posted by: cmilford at October 18, 2008 10:54 AM
He expected intelligent conversation at a dinner party? LOL at that.
Posted by: Mike at October 19, 2008 12:34 AM
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