Monday, November 24, 2008

Bailing out Citibank.

Throughout the years--years that seem like eons now--I've worked on various bank or financial services accounts, so, you get to know people on the client side.

When you work for a bank and you get fired, my experience tells me, you get about a month of severance for every year you work. In an agency, again my experience tells me, when you get the inevitable axe, you get a week for every year. In other words, bankers get, according to my un-official survey, 425% more severance than ad people.

No great point here. We're not going to see Omnicom Bank and Trust anytime soon. It's just something to think about.

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