February 6th, 2009

I saw a friend of mine who is an investment banker who had his best month ever in January.  He has set up a private investment bank with a Swiss bank and says that because all of the major banks are in paralysis at the moment, he is phoning up key clients who haven’t heard from their normal investment bankers for months.  The result is that what business there is seems to be coming to him!  And when I say big, he’s made his budget to June in the first month of the year.

JH