What the bankers are saying…

with 2 Comments

monopoly_banker

PICCADILLY — I love summer weekends. There’s so much going on that for a brief period it feels like there’s more to life than work.

I’ve been running from pillar to post for 10 days. It’s amazing I am still upright. But Saturday I stood still long enough to soak up some chatter from some friends in the world’s biggest banks. I was symbolically depleting a lovely keg of Freedom lager at an American Independence Day BBQ,

These sour souls of finance have been telling me for months that things were actually much worse than we thought. “We haven’t seen the worst of it yet. No, no”, they’d cheered me up when I needed it most.

But the tune has changed now. We seem to have resumed regular service. “It looks like 2009 will be like 2007.” They said to each other with a wink and a happy smile.

They had tales of trying to hire people in an “extremely tight” bankers recruiting market. One had lost out a prospect when he/she had been offered more than three times their offer by a competitor.

I don’t know if this is good or bad. But I do remember someone saying last year that this recession would kill the UK because the banking sector was so important to the country’s economy.

Try communicating that.

/df

P.S. My friend Kevin Keohane (Publicis’ very own Emperor of Engagement) is wrestling with his Grade 12 economic theory on his blog here. Those of us who failed economics must be supportive.



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2 Responses

  1. Kevin
    |

    I have to admit my head started hurting. Maybe your point is simpler than all that …

  2. David Ferrabee
    |

    No, you were on the money. I often think I am being clear when in fact I am being quite obtuse.
    That’s why I am a communicator!
    /df

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