Private Business

An acquaintance shared this story, which I will put in quotes, though it's surely not a precise reconstruction.

I had a small check to deposit, so I went to the drive through - I know that you can make a deposit at the ATM, but I'm old, and I didn't want to try to figure it out. I was in a hurry, so I was wolfing down my sausage McMuffin in the car. I sent over the check with my card, and in a bit the girl came back sounding real friendly like. I was, she said, and old and valued customer - a high value customer, whatever the hell that is, and entitled to a private banker.

OK, my social security gets deposited automatically, ditto my pension, and every two or three weeks I go to the ATM to take out some cash for this and that. I'm probably not getting the private bit, but I'm damn sure nobody's going to make a living handling my banking needs. So what the hell is a private banker, anyway?

I was curious, so I looked it up. It seems that banks are willing to assign special banker to those considered high net worth individuals (HNWI). Their duties, so I imagine, are to try to hustle some of that money, perhaps stroking them a bit to keep them invested. Anyway, I'm not sure I can still socialize with somebody in that class - or at least he can pick up the next check.

Comments

Post a Comment

Popular posts from this blog

Anti-Libertarian: re-post

The most pointed critique of social security and liberalism in general is the libertarian critique. The problem with libertarians, for a liberal, is that we have too much in common. We both believe in individual rights, tolerance of individual differences, and dislike government prescription of religion. The basic difference, it seems to me, is the different answers we give to Cain's (with thanks to the Captain - my original version had the corpse asking the question!) famous question: "Am I my brother's keeper?" That's not really my basic bitch against the libertarians though. My real complaint is the same as my complaint against most religion - its premise is a fraud. For those who can't stand to wait for the punchline, I believe that trying to implement libertarian principles leads to tyranny or social disintegration. Demonstrating that takes some historical (and pre-historical) context. For all but the last 15,000 or so of the 100,000 years the human spec...
Read more

Uneasy Lies The Head

Uneasy lies the head that wears a crown ........... Shakespeare Henry IV, Part II. So it is with us and our slightly distant primate cousins , so it seems. A 9-year study of wild baboons in Kenya by Princeton University and the Institute of Primate Research may turn conventional assumptions of alphas males upside down. The study found that alpha males have high testosterone levels, which allows them to dominate other baboons, get access to more food, and attract better mates. This is expected. Surprisingly, though, the alpha males also have high levels of stress hormone glucocorticoid, which scientists measured from their feces samples. In fact, the stress of alpha baboons was on par with low-ranking baboons. The convention wisdom is that access to food and females provides life security and thus less stress for dominant males. Conversely, weak males who are constantly threatened by starvation and physical violence from stronger males are thought to be more stressed. The st...
Read more

We Call it Soccer

The US played its best, and maybe only good game of World Cup, but lost thanks to brilliant goalkeeping by the Swedish keeper and the bizarre method soccer uses to settle ties when three US stars could not put the ball on frame from the 12 yard spot.  At the end it came down to a blocked shot that spun in by maybe a couple of centimeters. Well, that's football - too much like life.   Which brings me to a modest proposal.  Replace the thirty minute overtimes with as many 7-player 15 minute periods as needed to settle it.  Scoring should be much easier with fewer players.
Read more