An important floatation

0Ross • 11th Nov 2009 • Living • banking, boats, finance, Friends, sailing, yacht

No doubt there are more pressing problems in the world, but the other night some friends and I were grappling with what a hedge-fund manager of mutual acquaintance should call his new yacht, currently on order from Princess.

I suggested various epithets, from the funny to the lame (Bailout, Liquidity, Too Big to Sail, Floating Charge) but the winner was a banking friend, with the inspired Quantative Ease.