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Foreign Exchange

The short arm, deep pocket syndrome

Scarcely a week goes by without some rich investment banker, broker or hedge fund manager contacting us and asking if we can send them an article out of the goodness of our hearts.

Maybe they have forgotten the old FX saying, “You don’t get nuffing for nuffing.” Let me quickly remind them that if you want the FiX, you have to grow our fast-growing band of subscribers.

This week I received an-e-mail on behalf of Mickey Gooch, head honcho at GFI, no doubt sent from his yacht, asking if I’d forward the little ‘Mickey-take’ I wrote last week.

My response: “It’s available to anyone who pays the subscription. I’m sure Mickey can afford it, although come to think of it, when he took me to lunch back in 1987, he did get Jim McCartney from Bierbaum to pay. I guess if you look after the pennies...” 

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