No more brothels for you!

Bracing for recession, German bank tells employees to tighten the belt, zip the fly.


Sarah Hepola
April 25, 2008 3:36AM (UTC)

How's your office bracing for the recession? Switching to generic creamer? Scaling back on those swanky holiday parties? In Germany, one bank is taking drastic measures. According to a recent article in the Independent:

"Deutsche Bank, Germany's largest, has been hit by the global credit crunch so badly that it has issued a memorandum to senior executives telling them that brothel visits and adult channels in hotel rooms cannot be claimed on expenses."

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What? You expect these poor executives to pay for their own hookers and porn? Next you're gonna tell them that Anal Intruder isn't tax deductible! Wow, I guess some companies are tightening the belt literally. It's bad enough that people were rioting in Haiti. But having to shell out for your own happy-ending massage? Now that's a global crisis. As one employee groused:

"In the good old days, you could pass off a trip to a knocking-shop as a restaurant if the name wasn't too obvious. But we're in an uptight, locked-down new puritanism now."

Oh, the injustice.


Sarah Hepola

Sarah Hepola is the author of the New York Times bestselling memoir, "Blackout: Remembering the Things I Drank to Forget."

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