It was not just Manchester firm Wacks Caller that was stretched to breaking point last week, as northwest rival Pannone swanned off with half its partnership, including founding partner Martin Caller. Extended metaphors were equally strained as a stunned marketplace struggled to come to terms with the ‘shock’ break-up. “We tried to pull a trailer with our TVR and failed!” an insider wailed, implausibly comparing the stuttering firm to the sort of streamlined, high-performance speedster more akin to, say, Norton Rose. “The towbar is being disconnected and I’m looking forward to having fun driving again.”
Painting an equally vivid picture was one business development guru who warned The Diary about the dangers of ‘eat what you kill’ remuneration policies beloved of the Wall Street elite.
