I am helping my boss, who's computer-illiterate, for the past 2 months broker in SBLC's (Standby Letter of Credit). Fooking 'ell, he's earning 1% (mostly) but occasionally 0.5% of half a billion Euro each deal.
On top of this, he's selling bonds issued by a Brit law firm, guaranteed by the British Govt. This law firm uses the funds generated to sue the top banks in Britain that has sold toxic bonds. Yield is like 7-8% per annum, and can fetch 11% or more for 2 or 3 year bonds. All these naturally is quite beyond me, an illiterate and unsavoy in the world of high finance.
In all the meetings, which I have to sit in and bore my piles out from me ass, these guys are pretty motivated, and sure as my piles, I am looking at a few deci-millionaires in the making, if they are already not. Hopefully their promises hold true and, as I have described to them, I will be more than satisfied just having some crumbs to mop up the gravy on their plates. Obviously my grovelling agrees with them and they accept me as their poor cousin from across the tracks. But, it beats driving a taxi.
Again, I have been drinking and couldn't resist posting. Have to remind myself don't drink and post.