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What happens in Vegas...
A whole bunch of us equity analysts were in Vegas attending an energy conference. The conference was dull but the after hours fun was most certainly not! Anyway, me and a few analysts from different banks (e.g. competitors) took out about 4-5 buyside analysts (e.g. our clients) to a strip club called Crazy Horse. We ordered magnum after magnum of champagne each of which cost about $600. We weren't too worried about the cost because the assumption was that all the brokers would split the bill which is how it generally worked and our so we'd get away with expensing it. There's this one banker (in every sense of the word) round the table and he's been pissing us off all conference - always banging on about how much cash he's got and how well his team are doing etc. So, this bloke falls asleep at about 3am at the table and, almost without having to explain to everyone else, what the plan is we simply leave him to pay for the bill - which by this time must have been well north of $10,000. We managed to get out and were cracking up. The funny thing is that I saw him about three months later at a results meeting and he didn't mention a thing ... either he'd managed to put it on expenses or he really was as minted as he kept saying!
Cityboy says: Jealousy of a competitor's wealth requires 10 Hail Marys but unsubtly telling everyone how minted you are demands fifteen! The chap sounds like a tool and deserves everything he got.
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