Proper Tailors © fintag

News comments:
Whilst most of you were watching North Korea suffer at the hands of a useless European country but pretty good football team, it felt only appropriate for me to pick up my new linen jacket made by a well known tailor.

The tailor pictured is not the culprit (it was the only relevant picture I had in my photo library) but another one. I had my first fitting and the jacket fitted well. It hung perfectly and clung around my neck and shoulders like treacle on pudding. The jacket was unlined and the horn buttons had yet to be sewn on but the pocket linings were in tact.

Inside the left pocket I found a piece of paper. It was a spreadsheet print out and being one for numbers I put it in my jeans pocket. I thanked my tailor, who said come back in 2 weeks, and I went back to my office.

The spreadsheet was partly in English and Chinese. So I had it translated by my quant team (who complained it was in simplified Chinese) and they revealed it was cutting and sewing instructions for a factory that makes Trands suits in China, the ones Warren Buffett wears.

So there is the dilemma. The jacket is made in England and yet it is really made in China. Is this a good thing or a bad thing?

But enough of this China is taking over the world nonsense. Today I will be paying more tax, much more tax and wondering what all these old Etonians are up to?

Today's shorts:


Kerviel Denies He Is Mad (independent)
China > USA (finfacts)
Double Dip Here We Come (thisismoney)

Today's longs:
Yuan And The Renminbi Go For A Spin (wallstreetjournal)
Art Art Art (telegraph)
Selling For Dummies (allaboutalpha)
A Billion For Starters (commitments, PR spin, or real cash?) (nyt)

Prediction:
Today is a good day for the dead and a bad one for the living.

Nice quote from yesteryear:
'Never trust a crown green bowler/ under the age of 30'
HMHB: From Improv Workshop Mimeshow Gobshite, on This Leaden Pall CD.