Bankers seeking plumbing jobs?

I know things are tough in the world of merchant banking (some bonuses have been cut below the million pound mark, I hear) but when I saw the headline ‘J P Morgan pushes for plumbing jobs’ I thought Drain Doctor had an unlikely new competitor.

It turns out to have nothing to do with real plumbing – more about “the humdrum business of cash management and trade finance for multinationals”.

I bet it is still less useful than real plumbing. And much better paid.

How did we let the world get into this topsy-turvy mess?


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