December 14, 2011 at 2:27 am
How 10 people incorrectly referred to as bankers partied on 08 Dec
Not bankers – Hedge Fund owner and staff
http://www.thisislondon.co.uk/lifestyle/article-24020780-the-pound-71000-office-party-how-a-banker-celebrated-christmas.do
The images in the URL show the actual bill for 10 at 2.58 am on 08 Dec 2011
Just a mere £71,000.00p
At The Rose Club, 23 Orchard Street, W1H 6HL
Bill was –
Ciroc Methuselah 24@£1,850 = £44,400.00
Dom Perignon Rose Magnum 6@£1,200 = £7,200.00
Heineken 13@£5.00 = £65.00
Fiji Water 6@£3.00 = £18.00
Cigarettes 2@£8.00 = £16.00
Wahiki Coconut Bottle 7@£160 = £1,120.00
Cover £15 15@£15 = £225.00
Subtotal = £53,0044.00
Tax = 0.00
Total = £53,000.00
Service Charge 15% = £7,956.00
Total = £61,000.00
AMEX = £61,000.00
Tip = £10,000.00
Total =£71,000.00
It’s just how all of us party ofcourse, with our AMEX card in our pockets.:diablo:
The nice touches:rolleyes: are the £10,000.00 tip and the throwing to the others in the club of £50 notes
Obviously no economic recession or belt tightening for these merry makers.
By: nJayM - 15th December 2011 at 23:54
I opened this thread for several reasons
I opened this thread for several reasons.
1. Irresponsible journalism
Appeared in a ‘Freebie’ paper read by all commuters in and out of London.
Some of these commuters may not make Christmas never mind spending £7,100 each in a few hours on booze, what of their feelings when they read this?
Would some extreme radicals after reading it get feelings of such hate that similarly contributed to some of attitudes that manifested in recent London riots
2. Yes it was a massive PR exercise hence the publication of it in the Tatler, Horse and Hound, High Society and other similar high society journals would have been more appropriate. (after all the average rail commuter unless in First Class accommodation was unlikely to be frequenting the club)
3. Yes not all businesses are doing badly, but I am almost sure the owner of the Hedge Fund business did not start with a golden spoon in his mouth. Therefore he would have been better to encourage those extremely young looking staff (in photo) of his to invest most of the amount spent that evening as HMRC only allow companies relief for £12.50 per employee on annual company dos.
4. Hedge Funds for one help airlines and many multi national businesses to weather foreign exchange currency fluctuations by strategic investments when rates are bearable.
5. I think what was also unhealthy was the referral to these people as bankers while in the same article it indicated Barclays approach to similar excesses. Yes there are some banks trying to avoid the ‘splurge’ in public.
6. I have personally worked in fund investment/management and sure every employee’s birthday even with a very large workforce was cases of champagne but consumed in house and it wasn’t made part of our marketing or PR. Not during an economic recession I may add.
By: Indiaecho - 14th December 2011 at 18:34
I don’t really see the point of stories such as these – apart from providing excellent pr for the club concerned.
The article tries its best to be shocked but, assuming the story is true, we should be celebrating that despite the economic problems there still are sucessful firms making money and putting money into the economy rather than the endless stories of doom and gloom that most media outlets seem to like serving on a daily basis.
By: Moggy C - 14th December 2011 at 08:29
£5 a pint for Heineken?
They was robbed 😮
Moggy