Impeccable timing...

David, having left the Huge American Bank [HAB] and settled in nicely with the Dancing Bears, has told me that the subsidiary of HAB where he used to work ["Tarpaulin"] is being sold off/dismantled because off immense losses.  I wondered if it was because they made the profitable bits redundant [like the Ringmaster and his team] and kept on the much more expensive/loss-causing bits [metals, anyone?] that the new régime had recruited once they bought Tarpaulin from its previous owners.


I think that was part of the problem, but a major client going belly up leaving a monster debt hasn't helped.

And the losses don't sound as though they all 'legitimately' belong to the subsidiary, but the parent bank is now in profit, so it's all good?

As I say, impeccable timing.

At least it's made concerns about whether he did the right thing in jumping ship seem less pressing.  Now all we need is the Ringmaster to crack his whip and make some more deals.

Here's wishing you a very Merry Christmas, and a Happy (and profitable) New Year!