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Burlesque Dancers And Roulette: Shameless Bankers Celebrate New City Boom Bought With Your Money

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http://www.dailymail.co.uk/news/article-1300490/Shameless-bankers-celebate-new-City-boom-bought-YOUR-money.html

Working in the City can be all about taking risks with money - often other people's.

So perhaps it's not surprising the roulette wheel proved popular as party time returned to the Square Mile last night.

Families left hard pressed by the credit crunch will be relieved to know the gamblers at the bash were not playing with real money, but with chips provided by the stall's organisers as they sought to win luxury prizes including a weekend in Zurich, a real £1,000 bet on a sporting event and a case of wine.

A source from bookmakers Goldchip, who ran the roulette stall, said: 'They were loving it - and if they lost they didn't care.'

Free Laurent Perrier champagne flowed for VIP guests at the lavish do, attended for free by hundreds of invited bankers, traders and analysts.

It was thrown by Square Mile magazine to celebrate their 50th edition. The timing couldn't have been better for the revellers, with the banks bouncing back into the black and hefty bonuses about to head the City boys' and girls' way again.

Posters for the party featured Michael Douglas as asset stripper Gordon Gekko from the 1987 film Wall Street - the character who utters the famous line: 'Greed is good'.

I suppose if you lose money and then get taxpayer money to make up for it you wouldn't care would you. For bankers their is no risk.

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As much as I hate to see it the bankers are just doing what they've always done. The real criminals here are the BoE and Government for 'saving' them and allowing them to thrive at the expense of the taxpayer.

That said I'd still like to have seen the party livened up a little - a couple of guys with flame throwers would have done the trick ;)

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That said I'd still like to have seen the party livened up a little - a couple of guys with flame throwers would have done the trick ;)

Not cruel enough; how about "NO MORE BAILOUTS"?

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This is a pathetic attempt at rabble rousing by the Daily Wail. The party was paid for by a magazine! Look at the pictures - it's a like a one of those horse racing/casino evenings that were popular in the last decade.

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http://www.dailymail.co.uk/news/article-1300490/Shameless-bankers-celebate-new-City-boom-bought-YOUR-money.html

I suppose if you lose money and then get taxpayer money to make up for it you wouldn't care would you. For bankers their is no risk.

Uttter madness - Barclays made £500m pretax from its retail bank and £3.5bn from its investment bank which I suspect is mainly fueled by the ultra cheap money. Not just no risks, BoE/Fed are effectively serving them the champagne on a golden spoon.

Had there been no bail out, they will be quite a few unemployed bankers and the over compensation problem will be solved.

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so they are not playing with real money and didn't care if they lost - so what?

Because a bloke with an AK47 comes round to my house demanding i settle the bill when they lose.

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As much as I hate to see it the bankers are just doing what they've always done. The real criminals here are the BoE and Government for 'saving' them and allowing them to thrive at the expense of the taxpayer.

That said I'd still like to have seen the party livened up a little - a couple of guys with flame throwers would have done the trick ;)

Yep, it's that fact the the politicians have swallowed all the guff about 'wealth creators' hook, line and sinker that is worst.

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This story's a bit rubbish, but something serious has gone wrong with the City.

After 2007, the wages, bonuses and number of jobs should have been greatly reduced.

Instead, after a small blip, everything isn't just back to 2007, but way beyond. There's

jobs everywhere and all rates/pay are increasing.

Utter madness....

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Guest sillybear2

Bleh, whatever, even a chalked up banker can work out the real and only reason those women are really there. <_<

This story's a bit rubbish, but something serious has gone wrong with the City.

After 2007, the wages, bonuses and number of jobs should have been greatly reduced.

Instead, after a small blip, everything isn't just back to 2007, but way beyond. There's

jobs everywhere and all rates/pay are increasing.

Utter madness....

How is that surprising, the entire real economy and future prospects of the unborn have been sacrificed at the altar of The City, of course they're doing fine; by implication everyone else can go hang. Maybe one day all your daughters will be lucky enough to be fondled in exchange for £50 by one of these vapid dick heads.

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I've said this before, but they just can't help themselves can they. Its bizarre really, in many ways they take the logic of the market to its natural conclusion. it would be in all their interests to throttle back a bit, but they are individuals thinking in the short-term, so they don't give a toss. Calamity will eventually ensue and was at all times completely preventable, but 'the market' said no.

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Yep, it's that fact the the politicians have swallowed all the guff about 'wealth creators' hook, line and sinker that is worst.

Wealth skimmers, skimming a little off the bottom of each transaction, win or lose.

The irony is, this work is more and more being done by computer.

Eventually it will all be done by a computer in the Caymen islands.

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I suppose if you lose money and then get taxpayer money to make up for it you wouldn't care would you. For bankers their is no risk.

Well, its not like the money would have been spent on anything that would remotely benefit me. meh.

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Bleh, whatever, even a chalked up banker can work out the real and only reason those women are really there. <_<

How is that surprising, the entire real economy and future prospects of the unborn have been sacrificed at the altar of The City, of course they're doing fine; by implication everyone else can go hang. Maybe one day all your daughters will be lucky enough to be fondled in exchange for £50 by one of these vapid dick heads.

Couldn't agree more; it was always going to be this way... the rich - bankers - won't give up their wealth for anything (why would anyone think they would). We have learnt through history that during crisis the rich pull up the drawbridge (metaphorically or literally) and let everyone else go swing. Until they are overthrown and the next lot get into the castle and it all starts over again.

But the re-set button will be pressed. I don’t know when.

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This is a pathetic attempt at rabble rousing by the Daily Wail. The party was paid for by a magazine! Look at the pictures - it's a like a one of those horse racing/casino evenings that were popular in the last decade.

Yea bit of an own goal here by The Daily Mail. They're desperate for a story like this where Bankers blow their own money on excessive parties. But the Bankers are not stupid. They've all been told not to talk to the press and to keep a very low profile. I think a story like the one they wanted to print will come out soon enough, but it will be an undercover job.

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  • 145 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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