Another sign of recession

[Hugh Conway]

http://www.independent.co.uk/news/europe/bank-tells-staff-no-more-sex-on-expenses-814063.html

 

Bank tells staff: no more sex on expenses

 

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.