Saturday, May 12, 2012

Achilles, of Greece?

"In 2007, the bank hired Achilles Macris of Greece, who previously was the head of global capital markets at Dresdner Kleinwort Wasserstein. He was charged with running the unit’s European operations on the sixth floor of JPMorgan’s offices near St. Paul’s Cathedral in London’s financial district."
NYT
These notes write themselves: Haven't you heard of Achilles' heel, of Greece?
Wasn't it in front of St. Paul's Cathedral, where the kids in London were staying overnight?
If it wasn't so tragic, it would be funny.

A few days later in another context we have Achilles:

"Nicholas Spiro, managing director of Spiro Sovereign Strategy, a London consulting firm that assesses sovereign debt risk, said the regional governments had become the “Achilles’ heel of Spanish fiscal policy.”"


NYT

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