Got this in a forward: Some banker jokes are making the rounds. Q: What’s the definition of optimism? A: An investment banker who irons five shirts on a Sunday evening. *** An investment banker said he was going to concentrate on the big issues from now on. He sold me one in the street yesterday. *** A man went to his bank manager and said: ‘I’d like to start a small business. How do I go about it?’ ‘Simple,’ said the bank manager. ‘Buy a big one and wait.’ *** The credit crunch is getting bad, isn’t it? I mean, I let my brother borrow a tenner a couple of weeks back, it turns out I’m now Britain’s fourth biggest lender. *** Q: What is the difference between an investment banker and a pigeon? A: A pigeon can still make a deposit on a BMW. *** Q: What is the difference between an investment banker and a large pizza? A; The pizza can still feed a family of four. *** Q: What does a hedge fund manager with no fund to manage say? A: Would you like fries with that sir? *** Q: What is the capital of Iceland? A: About $3.50 *** I tried to get cash from the ATM today but it said “insufficient funds.” I don’t know if that meant them or me. *** Mark Twain was ahead of the curve: “October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”
Q: What’s the definition of optimism? A: An investment banker who irons five shirts on a Sunday evening. Rocks. I guess IBers haven’t done much ironing recently.
They might have done more than 5 shirts as they are meeting to 2-3 recruiters every day.
Q: What is the difference between an investment banker and a pigeon? A: A pigeon can still make a deposit on a BMW. firggin hilarious
cfaboston28 Wrote: ------------------------------------------------------- > They might have done more than 5 shirts as they > are meeting to 2-3 recruiters every day. Meeting 2-3 recruiters a day means they should be extremely optimistic. Shirt ironing should be recognized as a market sentiment indicator 
Forget about the TED spread.