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  1. mrtrench

    Promotion - The Down side

    Why not? They're a great bunch of lads.
  2. mrtrench

    If anybody is having lady trouble this is the answer apparently for £58

    I was disgusted and outraged yesterday to discover that Marks and Spencer are selling scented candles that smell of my cock. This is an outrageous invasion of my privacy - how did they know that I douse my member in vanilla essence?
  3. mrtrench

    What are you drinking on Saturday?

    I'll be starting off with an early cup of tea, followed by a coffee. I'll move on to drink Brandy Alexanders in the pub beforehand and Banana Daiquiri at the ground. What about you?
  4. mrtrench

    Match Thread Coventry City vs. Birmingham City Match Thread - Saturday 25th Jan

    Godden did have a shift but given that it's a big game, McDonalds have given him the day off.
  5. mrtrench

    bookies getting twitchy

    The odds offered represent the probability of each outcome. They offer odds so that the probabilities sum to more than 1 - typically around 1.1 so they have a 10% take on the book. It won't be perfectly balanced but they'll aim to keep it within limits and lay off when they need to. You can...
  6. mrtrench

    bookies getting twitchy

    It's nothing to do with being twitchy. The odds have changed and so they offer you the opportunity to cash out at current market price. Remember that they run a balanced book - they will probably be very happy with Cov winning the league as I bet they took much more money on Sunderland and...
  7. mrtrench

    New Labour Leader

    Oh, and about traders themselves. They certainly have a bad rep and I've worked with some wankers over the years (the worst being an electricity trader). However I've also noticed that more are quiet, geeky types than used to be the case. But that's possibly because I tended to work more in...
  8. mrtrench

    New Labour Leader

    I don't think I've ever said that nothing can happen again... I don't think the *same* thing with credit derivatives would happen again now the risk is better understood - but for sure there will be something. Whatever it is, it's unlikely to be quite as destructive as 2008 I believe, but I...
  9. mrtrench

    Byng

    Not an issue. If we buy the Ricoh then Wasps redeem the bonds.
  10. mrtrench

    Match Thread Doncaster Rovers vs. Coventry City Match Thread - Saturday 18th Jan

    Hoffman really is a fan; I was at school with him - he was a regular in the West End.
  11. mrtrench

    Match Thread Doncaster Rovers vs. Coventry City Match Thread - Saturday 18th Jan

    That's an awful thing to hope for. I don't want their football team to continue to do well but I wouldn't wish anything awful on an entire town.
  12. mrtrench

    Match Thread Doncaster Rovers vs. Coventry City Match Thread - Saturday 18th Jan

    No! We need to worry. We cannot wait any longer before deciding where we place.
  13. mrtrench

    New Labour Leader

    That really is not what happens in investment banks at all - not even close. Possibly in Hedge Funds (which are small) but not in banks. The main business strategy is selling (providing instruments for business so that they can hedge their risks). The sales desk is taking business from...
  14. mrtrench

    Top of the heap

    It's almost inevitable; all the close-chasing pack seem to be getting a turn. It's going to be close IMO as to who is there when the music stops.
  15. mrtrench

    New Labour Leader

    We've all done and said some stupid things when we were younger. I was very left wing in my late teens/early 20s and still recall the embarrassment of being called out by a bartender when I was bullshitting some friends that China was a wonderful example of socialism working. I may be wrong...
  16. mrtrench

    New Labour Leader

    It's much more complex than you imagine. I'll not go into it now, but 'bet' is the wrong word and positions *are* hedged. Needless to say, risk managers have learned from their mistakes. I agree that private companies should not be bailed out, for free markets to work correctly the weak have...
  17. mrtrench

    Working to Become Financially Independent

    I heard some branding expert talking about how much their brand might be worth - billions he reckons and far more than he gets from the Duchy and the taxpayer. Call me old fashioned but in my book that's grifting, not grafting.
  18. mrtrench

    New Labour Leader

    Thank you for pulling back on the claim that powerful people cause recessions deliberately. That's the start of the common antisemitic trope that Jews control the world - which is where I believed you were going. I have spent 30 years working on the trading floor (not as a trader) of some of...
  19. mrtrench

    New Labour Leader

    I agree that the economy isn't everything and that happiness is more important than wealth. But I think the second half of your post is pure conspiracy theory. Who exactly is it that can cause an economic downturn by themselves? And if they had that much power, wouldn't we see recessions more...
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