Thursday 07 Oct 2021 | 21:21 | SYDNEY
Thursday 07 Oct 2021 | 21:21 | SYDNEY

Those brave bankers — God bless 'em!


Sam Roggeveen


4 February 2010 17:27

The Financial Times is one of the world's leading newspapers, so we have to assume they know their market. But do they realise how tone-deaf this headline — which just appeared in my email in-tray — would sound to anyone not working in the finance industry?:

Bankers try to fight off wave of controls at Davos

As Davos ends, bankers fight to fend off controls on sectors ranging from bonuses to proprietary trading and derivatives.

Sounds like they're really up against it. I'm imagining close-quarters combat around the ski lodges, with a plucky, misfit gang of bankers holding out against the technological might and superior numbers of the regulatory army.

Their leader is a gruff, cigar chomping derivatives trader with a heart of gold who has flashbacks about the '87 crash. He's in love with the sexy but angry young bond trader who's also in the group. She's brilliant but uncontrollable, and recently struck out own her own with a small firm after graduating. Her last name is 'Paulson' and she's rebelling against her dad.

Hang in there, you brave lads! Keep fighting the good fight!!