Business Diary: Good grief, those bankers do go on

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The Independent Online

It's just so hard being a banker these days. This time those in the mortgage business have been indulging in their profession'ssecond-favourite pastime after pocketing bonuses: moaning. In the US, John Courson, the president of the Mortgage Bankers' Association, said at the annual get-together in Atlanta that brokers felt like the famous comic strip character Charlie Brown. "We've got a lot of 'Lucys' in our lives these days: people who, just as we think we're moving down the field, pull the football out from under us," he moaned, alluding to the character who serves as Charlie's nemesis. The thing is, Diary isn't aware of Charlie ever indulging in shoddy lending and flawed foreclosures.



Hedge fund gets down with kids

Despite the attraction of Switzerland, it seems London hasn't entirely lost its allure for hedge fund managers. As if the reputed $50m (£32m) bonus he pocketed while at Goldman Sachs was not enough, the Frenchman Pierre-Henri Flamand has recruited several Goldman traders to join him in a new hedge fund venture: Edoma Capital Partners, based near Bond Street. The name has apparently been inspired by the first letters of his children's names. Kids being kids, they might not be too pleased about that, as together they sound rather like an unpleasant medical condition. Maybe it's just us.



Pies, pasties and headshots only

Congratulations to Neil Court-Johnston, former managing director of Holland's Pies, who has been appointed to the new post of managing director of the food service division of Peter's Food Service. There, among other things, he will oversee its distribution centres for a scrumptious range of pies, pasties and sausage rolls. Perhaps that's why his PR man sent only a head-and-shoulders shot with the press release.



Unknown item in the iPhone aisle

Tesco has added a barcode scanner to its iPhone app, to enable users to scan Tesco products, which can then be added to their online shopping baskets. It's designed for busy people, apparently. Next up: an app that simulates that infuriating voice that says "unknown item in the bagging area" at those infernal automatic tills.

businessdiary@independent.co.uk

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