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FX debate

FX debate

Testing times in the search for alpha

The world’s largest banks 2008

The world’s largest banks 2008

Guide to the leading banks across the globe by market capitalization

March 2008

The X, Y, Z of Brazilian excuses

Brazil is notorious for many things, caipirinhas, carnival and beautiful beaches... but in the mind of one Euromoney journalist Brazil also breeds a special type of PR who can invent some of the most original excuses for delays to meetings.




Tall tale 1: "I’m terribly sorry, Mr X, is not here yet. You see we normally start work at 9am, and for some reason he booked this meeting for 8am – maybe he mistyped it... let’s hope he turns up soon..."

At 8.45am a very apologetic Mr X arrives blaming the traffic – another classic excuse that journalists and bankers in São Paulo both use with great abundance.

Tall tale 2: "You must be from the magazine? We are very sorry but Mr Y is running a bit late. He has been detained on a call to the CFO – I am sure you understand, but you aren’t as important as the CFO...."

Tall tale 3: "Ah... Mr Z has just popped out to get a sandwich; he’ll be back shortly... I think."

Five minutes later Euromoney was pleased to be ushered out of the office to a particularly decadent restaurant and asked to join Mr Z for the three-course meal he was just starting.







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