Headless, intercourse with biscuits: Bankers, bonuses and my life living on miniature sausages

intercourse with biscuits: Bankers, bonuses and my life living on miniature sausages ⇢

[Picture via @littlejuande]

I started out as a finance journalist. I was 21 and fresh from university. Almost every day, I came into contact with bankers in their larval stage. No older than me, they had emerged from their chinos-and-rowing-stash cocoons into the uniform of braces and two colour shirts they’d copped from repeatedly watching Wall Street. If you think Gordon Gecko is odious, imagine him at 22, called Hugo, freshly graduated from Cambridge and braying about how much he “loves the banter”.

As Ian Penman pointed out, the rich make news stories as singular entities (“Super-rich man might get share bonus”, “Famous man’s daughter is pregnant) while the poor are lumped together as a mass until they get arrested or killed. Competition in a market usually pulls down prices. It’s why journalists’ pay is so pitiful – there’s plenty of people willing to do the job for next to nothing. But that hasn’t happened with executive pay. It remains buoyant regardless of the general economic situation. They might have steered us into the iceberg but the boys on the bridge are still earning enough to keep them in gold braid and fancy hats.

Source: brokenbottleboy

Posted by Headless