27 July 2010 04:02

Fakebook

Cityboy despairs that bankers are now using this social networking nonsense.

The vaguely amusing, and very dead, comedian George Burns may have been talking about acting when he said ‘if you can fake sincerity, you've got it made' but he could just as well have been referring to investment banking. My former business necessarily involved assuring clients you're their best mate whilst selling them assets that generally have the long-term prospects of a wildebeest on a David Attenborough nature programme. I believe it is the inherent falseness in that profession that explains why the social-networking website Facebook, or Fakebook as some amusing wags have dubbed it, has become so popular amongst bankers. It is the perfect device for deceitful career-advancement and networking.

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