Peter Parka
Well-Known Member
Link at the bottom shows the video
Bankers Party Like Recession Didn't Happen
12:50pm UK, Thursday August 05, 2010
Lorna Blount, Square Mile Party, London
Over 1,000 bankers have been quaffing champagne like the recession never happened at the largest City party since the economic crash of 2007.
Representatives from major banks including Barclays Capital, Credit Suisse, JP Morgan, and HSBC, toasted the green shoots of economic recovery with pricey Laurent Perrier Champagne.
The event, billed as "a festival for bankers", was to celebrate City magazine The Square Mile's 50th issue.
But alcohol wasn't the only thing on offer, as guests were also entertained by burlesque dancers, singers, casino tables and free massages.
Co-sponsor of the event Jaguar showed off its latest models, which were eagerly eyed up by those looking to spend their bonuses.
The atmosphere was buzzing with little sign of the austerity facing the rest of the country.
Speaking to Sky News Online, one City banker joked about how the recession had affected him.
"It's been a very hard few years. I have had to survive on my bonus and only one Maserati - that's how it is."
'It's Been Hard: Only One Maserati This Year'
On the controversial subject of bankers' hefty bonuses, the guests all agreed that they were well deserved.
"You want to see bankers getting large bonuses, as it means the banks are over-achieving and doing really well," said one City trader.
As festivites died down, the City workers left the Devonshire Square address and headed to a secret after-party, revelling in the fact that while the rest of the country may still be suffering, their lavish lifestyles remain untouched.
http://news.sky.com/skynews/Home/Bu...o_Celebrate_Green_Shoots_Of_Economic_Recovery
Bankers Party Like Recession Didn't Happen
12:50pm UK, Thursday August 05, 2010
Lorna Blount, Square Mile Party, London
Over 1,000 bankers have been quaffing champagne like the recession never happened at the largest City party since the economic crash of 2007.
Representatives from major banks including Barclays Capital, Credit Suisse, JP Morgan, and HSBC, toasted the green shoots of economic recovery with pricey Laurent Perrier Champagne.
The event, billed as "a festival for bankers", was to celebrate City magazine The Square Mile's 50th issue.
But alcohol wasn't the only thing on offer, as guests were also entertained by burlesque dancers, singers, casino tables and free massages.
It's been a very hard few years. I have had to survive on my bonus and only one Maserati - that's how it is.
City banker
Co-sponsor of the event Jaguar showed off its latest models, which were eagerly eyed up by those looking to spend their bonuses.
The atmosphere was buzzing with little sign of the austerity facing the rest of the country.
Speaking to Sky News Online, one City banker joked about how the recession had affected him.
"It's been a very hard few years. I have had to survive on my bonus and only one Maserati - that's how it is."
'It's Been Hard: Only One Maserati This Year'
On the controversial subject of bankers' hefty bonuses, the guests all agreed that they were well deserved.
"You want to see bankers getting large bonuses, as it means the banks are over-achieving and doing really well," said one City trader.
As festivites died down, the City workers left the Devonshire Square address and headed to a secret after-party, revelling in the fact that while the rest of the country may still be suffering, their lavish lifestyles remain untouched.
http://news.sky.com/skynews/Home/Bu...o_Celebrate_Green_Shoots_Of_Economic_Recovery
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