T’WAS WEEKS BEFORE CHRISTMAS (2012 Version)
T’was weeks before Christmas and all across the land
Bank profits were soaring; isn’t Life grand.
The big brass were elated, they could pay themselves huge,
While stiffing their flunkies and acting like Scrooge.
The bosses had gathered, they met earlier this year
And concocted a scheme to make jobs disappear
“Forget growing the business and planning ahead
Our bonus pool gets deeper if employees we shed”.
Reuters reported 160,000 jobs were made gone
This in banking circles is called the restructuring con.
The workers that were left, were all being told
Work harder, work smarter and low and behold
Perhaps in the future, you’ll be glad that you stayed
When it finally becomes your turn to get paid.
2012 is now ending, and the challenges are a beast
There’s Euro Debt, a fiscal Cliff and the usual, Middle East.
So grab an egg-nog or scotch, some wine or a beer
And say “Merry Christmas to all, here’s to next year”
Merry Christmas and Happy New Year
Vice President, FX Trading