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.