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Something similar may be happening in the City in London. Despite the news about the financial sector on the edge of collapse and the major banks announcing cutbacks in the tens of thousands of jobs; either the City is laying off without making any announcements, or they figure the world is over and let's not do anything too rash because it isnt going to make any difference and just might accelerate the end of the world or the world isnt over and its a minor blip so things will get back to normal any day now.

Anybody in the cCity have anectodal evidence or otherwise which of the above scenarios does apply? Its Alice in Wonderland out there.

by An American in London on Fri Feb 15th, 2008 at 08:47:01 AM EST
The London press is reporting a total of 7 billion pounds in bonuses having been given out at the end of the year.

We have met the enemy, and he is us — Pogo
by Migeru (migeru at eurotrib dot com) on Fri Feb 15th, 2008 at 12:58:18 PM EST
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