No more brothels for you!

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

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


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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