RBS Is Pissed

By

alexandregraham.jpgBut not in the British sense of the word (oh yeah, bit of a linguist here). At left, we’ve got Alexandre Graham, one of the organizers of last Saturday’s “Circle Line Party,” a soiree held to commemorate the final hours of legal drinking on the Tube before London Mayor Boris Johnson’s alcohol ban on public transportation went into effect. Sadly, we were not in attendance, but judging by the photos of people swinging from poles, passed out under benches, knocking each other unconscious, and puking on one another, it seems like Graham did an exceptional job, and may have a future in the party planning businesses. That talent will serve him well, in the event that his employers at the Royal Bank of Scotland fire him, which the Daily Mail reports the higher ups are considering. Absolute BS, we know.
As it happens, we received an email from someone interested in retaining Graham’s services this morning, wondering if we knew of any interest in “some sort of [similar] day drinking event for every single unemployed financial services employee in New York.” The ad people in this asylum want you to say no, of course I’m not interested because I’m gainfully employeed and pulling down 9 figures. Don’t let them silence you. It would be a great way to kick off your Summer o’ Severance. Plus, the whole NYC vs. London thing, which is always fun to debate. Which one can get the most bankers arrested in a single evening? Now that both cities blow equally re: not being allowed to drink on the subway, it’ll be an even match. At least think about it. If not, we can always float the rumor that Metro North is considering a similar ban on booze. It’s not going to happen but who among us wouldn’t love to see (/take part in) Westchester and CT’s middle-aged commuters losing their shit and erupting into a drunken violent party protest over not being able to drink gigantic Coors out of paper bags on the way home to the wife and kids? The answer is no one.
Need some inspiration? Here’s a clip of Saturday’s festivities, set to Abba, so you know it’s good (bad).



Facebook Tube party that ended in drunken riot was organised by City banker [Daily Mail]

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Comments (102)

Older Comments
  1. 1
    Posted by big r | June 3, 2008 at 12:42 PM

    abba made that at least 4.5x better

  2. 2
    Posted by guest | June 3, 2008 at 12:43 PM

    This makes me SO proud to be British……

  3. 3
    Posted by guest | June 3, 2008 at 12:54 PM

    Looked like all the people one might see in a LoverboysUSA video.

  4. 4
    Posted by guest | June 3, 2008 at 12:57 PM

    oh this is great, liverpool station full of pissed brits

  5. 5
    Posted by guest | June 3, 2008 at 1:02 PM

    Bess is a cunning linguist!

  6. 6
    Posted by girl | June 3, 2008 at 1:02 PM

    This makes me SUCH a self-hating american…
    seriously that kid is a rockstar. He and the angel wings/blue eye shadow kid should join forces and start a transatlantic party boat or something

  7. 7
    Posted by american bandersnatch | June 3, 2008 at 1:05 PM

    Reminds me why I left that country …

  8. 8
    Posted by guest | June 3, 2008 at 1:10 PM

    Before they sack Alex maybe RBS should aim a little higher with the axe.
    http://thescotsman.scotsman.com/scotland/Banks-targeted-after-pricefixing-allegation.4143704.jp
    Also, in the US, we say, “RBS is dumb.” But our cousins across the Pond say, “RBS are dumb.”
    Why do the Brits take a singular institution and put a pluralized verb after it?
    ~The Irritated Ghost of Mark Twain

  9. 9
    Posted by guest | June 3, 2008 at 1:31 PM

    @american bandersnatch: couldn’t agree more dude. A good chunk of the English really failed to impress.

  10. 10
    Posted by guest | June 3, 2008 at 1:54 PM

    unh, unh. so what you know bout them Texas boys?
    Come around here carryin they toys, smoking weed, and talkin noise.

  11. 11
    Posted by guest | June 3, 2008 at 2:20 PM

    THEY SMOKIN THEM TWEEDS AGAIN

  12. 12
    Posted by John Carney | June 3, 2008 at 2:27 PM

    They refuse the reify the institution. The grammar reminds us RBS is made up of the people at RBS.

  13. 13
    Posted by guest | June 3, 2008 at 2:37 PM

    Completely off topic – who knows what is going on at LEH ?
    Is is another BSC by the weekend?

  14. 14
    Posted by guest | June 3, 2008 at 2:39 PM

    2:37 – rumors that people are getting nervous about counterparty exposure. If I were LEH I would be announcing an oversubscribed capital raise at 4:01 pm today.

  15. 15
    Posted by guest | June 3, 2008 at 2:44 PM

    but if they raise capital isn’t that admitting they need it?

  16. 16
    Posted by guest | June 3, 2008 at 2:45 PM

    rumor barc for leh $20

  17. 17
    Posted by guest | June 3, 2008 at 2:50 PM

    Over/Under LEH Volume today: 100 million shares.

  18. 18
    Posted by blndebnker | June 3, 2008 at 2:52 PM

    Hypothetically speaking, if LEH were to hit a Bear type skid, is there anyone out there that could prop them up?

  19. 19
    Posted by guest | June 3, 2008 at 3:04 PM

    blndebnker- Good question. Certainly Jamie Dimon has his hands full already. I doubt any of the Charlotte wannabes would be interested. Perhaps a Britbank like HSBC that has flushed billions trying to build an investment banking franchise over the past decade or so? Or maybe some sort financial buyer like a Christopher Flowers or one of the big hedge funds like Citadel.

  20. 20
    Posted by guest | June 3, 2008 at 3:06 PM

    citadel

  21. 21
    Posted by guest | June 3, 2008 at 3:07 PM

    Um. back on topic, this makes me depressed to be British. There is no way that deliberately spending a Saturday night on stinking, pikey tube can be anything other than painfully loserish. Also, the guy is drinking a £24.99 bottle of champagne. And he went to Loughborough University for fuck’s sake. He’s a poor man’s version of Lucy Gao.

  22. 22
    Posted by guest | June 3, 2008 at 3:08 PM

    a hedge fund with 20x leverage would not make any customers running from lehman stop pulling their money. what are you smoking?

  23. 23
    Posted by guest | June 3, 2008 at 3:12 PM

    3:08 – Maybe if they had the same FED backstop that JPM got in the Bear debacle?

  24. 24
    Posted by Anal_yst | June 3, 2008 at 3:13 PM

    Can we please understand that for the most part, very very few people have anything to gain from lehman pulling a ‘bear’.
    The self-fulfilling rumor machine needs to slow they roll.

  25. 25
    Posted by blndebnker | June 3, 2008 at 3:14 PM

    I don’t think the FED is going to give backstop to anyone but a bank.

  26. 26
    Posted by guest | June 3, 2008 at 3:14 PM

    Back on the topic of LEH, Who here would do Erin Callan?

  27. 27
    Posted by guest | June 3, 2008 at 3:15 PM

    The Fed has the money to do it again but the political price would be astronomical.

  28. 28
    Posted by guest | June 3, 2008 at 3:16 PM

    I would totally do Erin

  29. 29
    Posted by blndebnker | June 3, 2008 at 3:18 PM

    Do you dudes ever get laid? Seriously. Because all you guys do is talk about it. Is it a problem with being undersexed or over?

  30. 30
    Posted by guest | June 3, 2008 at 3:24 PM

    Blind banker, talk to guys much?

  31. 31
    Posted by guest | June 3, 2008 at 3:26 PM

    So glad it is not possible to drink anymore on the Tube. Maybe it will reduce the amount of binge drinking though I wouldn’t expect it!

  32. 32
    Posted by guest | June 3, 2008 at 3:26 PM

    say you wouldn’t….
    http://www.portfolio.com/images/site/editorial/magazine/2008/04/sex-erin-callan-large.jpg

  33. 33
    Posted by guest | June 3, 2008 at 3:27 PM

    screw burnett, blondie is #1!

  34. 34
    Posted by american bandersnatch | June 3, 2008 at 3:28 PM

    Is there such a thing as being oversexed?

  35. 35
    Posted by guest | June 3, 2008 at 3:31 PM

    Anal_yst – is this zero sum? Does a loser mean that there is a winner in this scenerio.
    If its your money and you believe that they “maybe”circling the drain do you care about anything other than getting your money out. I don’t know if you would care about the “overall” win/lose proposition?
    Nobody want to be the “investor” on the BSC conference call who had bot 1000 shares on the friday afternoon at $43.

  36. 36
    Posted by blndebnker | June 3, 2008 at 3:31 PM

    @3:24pm – All day long. And they don’t really censor themselves.
    Thank you 3:27.
    @3:28pm – I would tend to lean towards no but you never know.

  37. 37
    Posted by guest | June 3, 2008 at 3:38 PM

    Blonde- you’re welcome
    I am going to go in the yes column for 3:28, though it does constitute an entire weekend in close quarters and an abundance of survival supplies
    -3:27

  38. 38
    Posted by Anal_yst | June 3, 2008 at 3:40 PM

    @ 3:31
    You bring up an interesting point, and, as with most things we can bring this back to game theory (think prisoner’s dilemma).
    Unfortunately, counterparties all pretty much have to, as you point out, CYA, lest they have to explain to investors they went under cus they didn’t pay attention to market news.
    At a certain point, whether stepped in truth or not, this very-well may become a self-fulfilling prophecy. Similar, although possibly worse than what went down @ BSC.
    May god have mercy on our souls.

  39. 39
    Posted by blndebnker | June 3, 2008 at 3:54 PM

    -3:27pm Survival supplies? I’m both frightened and intrigued.

  40. 40
    Posted by guest | June 3, 2008 at 3:58 PM

    Gatorade, “anti-chaffing” creme and nipple clamps?

  41. 41
    Posted by guest | June 3, 2008 at 3:58 PM

    Gatorade, “anti-chaffing” creme and nipple clamps?

  42. 42
    Posted by guest | June 3, 2008 at 4:00 PM

    Ohh Blondie, its quite simple- Like any weekend excursion really… Beer, champagne, sandwiches, whipped cream, gatorade and other thirst-quenchers… maybe a cliff bar too (then depending on personal taste you get past the vital necessities and into recreational ones- suggestions involve knit ties, sumbreros, ice cubes, a nine iron, etc.)
    I’m just saying.
    -3:27

  43. 43
    Posted by big r | June 3, 2008 at 4:05 PM

    i really love when KLW shows up

  44. 44
    Posted by american bandersnatch | June 3, 2008 at 4:11 PM

    KLW – Say hello to my little friend!

  45. 45
    Posted by HAM05 | June 3, 2008 at 4:13 PM

    taking a look around my little cubefarm i see a sea of dudes with a sprinkling of fat assistants.
    only thing chubb-worthy is hearing about leftover sandwiches in a conference room
    so yeah, erin can get it

  46. 46
    Posted by blndebnker | June 3, 2008 at 4:20 PM

    Thank you 3:27 & KLW for the education. Very informative.
    And sorry you work with a bunch of uglies, Ham. :(

  47. 47
    Posted by guest | June 3, 2008 at 4:23 PM

    I think blndebnker is a prude and about as exciting in bed as a blow up doll. That’s just the impression I get. Just saying.

  48. 48
    Posted by Anal_yst | June 3, 2008 at 4:24 PM

    Ham
    I feel your pain, I overlook one of the most shockingly unsexy crowd I’ve ever worked with…worse than the Telecom back in NJ I interned at back in the day, which is really saying something

  49. 49
    Posted by blndebnker | June 3, 2008 at 4:26 PM

    @4:23pm – Interesting impression. Why is that?

  50. 50
    Posted by guest | June 3, 2008 at 4:32 PM

    @blndebnker Don’t get me wrong, neither this nor my post above is meant is meant to be a slam; I love your contributions. You seem averse to sex (your post above would be Exhibit A). Its also been my experience that most women have never had truly mind blowing, 5 or 6 orgasms in a row type sex so it isn’t surprising you would be somewhat uninterested.

  51. 51
    Posted by FUNdamental | June 3, 2008 at 4:34 PM

    @ ham @ anal_syt — the odds of a crew as unsightly as mine in dilbert’s nightmare over here are lower than a gov. Having to pay for sex…
    //oohhhh, no shit?

  52. 52
    Posted by guest | June 3, 2008 at 4:35 PM

    I’ll beg to differ 4:23. Based on another post a while ago regarding carpets and curtains; Blonde is well ahead on the curve of the average banker chick.
    -3:27

  53. 53
    Posted by guest | June 3, 2008 at 4:39 PM

    it has been my experience although I am no means an expert that properly manicuring the nether regions is completely standard practice among banker chicks, i think it is because they know everything better be in good shape on those rare occasions they are going to have a chance to get some, or it makes them feel good about themselves still since they have often let several other parts of their bodies go.
    no offense of course. i think it’s a totally fair trade!

  54. 54
    Posted by guest | June 3, 2008 at 4:41 PM

    I mean I have let myself go too, most of us have. it keeps the playing field even.

  55. 55
    Posted by girl | June 3, 2008 at 4:42 PM

    @ BB
    I’m afraid the only way to settle the matter is to have sex with @4:32 and see if he’s even capable of doling out a single.
    I’ll be here waiting for the Community Board write up.

  56. 56
    Posted by guest | June 3, 2008 at 4:44 PM

    @4:39- you make a good point.
    Still, I’m going to go ahead, ignore your opinion, and assume that Blondie is more vibrant.
    Sadly, I am in HAM’s position as well.
    -3:27

  57. 57
    Posted by Anal_yst | June 3, 2008 at 4:46 PM

    @ FUNdamental
    Dude, you have no idea!
    There aren’t even any “work hot” types here, well, maybe 2 or 3 but thats really pushing the definition of an already sad term…

  58. 58
    Posted by big r | June 3, 2008 at 4:49 PM

    its prob easier to find those who dont have an ugly personnel view in their office.
    who, besides carney, has something to share?

  59. 59
    Posted by blndebnker | June 3, 2008 at 4:53 PM

    @4:32 – No offense taken. You would be grossly incorrect but everyone is entitled to their opinion.
    Again thank you 3:27. Good to see you have my back. And though Girl’s suggestion is probably the best way to answer the question, I’m going to pass.

  60. 60
    Posted by guest | June 3, 2008 at 4:53 PM

    “its prob easier to find those who dont have an ugly personnel view in their office.”
    in english, please.

  61. 61
    Posted by FUNdamental | June 3, 2008 at 5:00 PM

    @anal_yst – ahh yes, what we’ve come to term “cnbc hot” in these parts

  62. 62
    Posted by guest | June 3, 2008 at 6:35 PM

    Here’s a question – why is it guys will talk about how great it was last night when they got laid, with details.
    Girls on the other hand (myself included) even if we go 5 or 6 mind blowing orgasms generally like to keep that stuff private. Except maybe when talking to our best girlfriends. But even then, I tend not to share.
    I’m certainly not going to share about my mind blowing night with a bunch of semi-strangers on a Financial Gossip blog– but you guys will tell/or boast, won’t ya?
    And then the guys think because we don’t talk about it we never had it.
    Wall St Chick

  63. 63
    Posted by guest | June 4, 2008 at 4:33 AM

    6.35 – go back to watching Sex and The City with a massive tub of Ben & Jerry’s.
    And 12.57, it’s Liverpool *Street* station. Attention to detail’s so important when trying not to end up 200 miles from where you wanted to be.

  64. 64
    Posted by guest | June 4, 2008 at 2:05 PM

    @6:35 Why is it girls talk about shoes, clothes, shopping and the latest sales? Guys don’t do that, much less go into details. We’ve now established guys and girls are different (shocker). You have things you like to talk about and we have things we like to talk about; that’s just how it is, deal with it.

  65. 65
    Posted by guest | June 5, 2008 at 8:38 AM

    @2:05 – actually we don’t talk about shoes, clothes, shopping and sales. We talk about politics. and work gossip (big big topic) and actually, with those women I work with, we talk about work plus theater and movies and books….real estate (NYC apartments) and renter’s insurance and sports (at least the sport we are all into, which is sailing). The one thing we don’t seem to talk about is sex. I’m thinking over my conversations of the last 24 hours with women friends/co-workers.
    We don’t say “oh, that guy has a great ass”. Just doesn’t come up. Maybe because most of you don’t.

  66. 66
    Posted by guest | June 5, 2008 at 4:14 PM

    @8:38 doesn’t talk about sex because she is not getty any. Unless you count the fridge…

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