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Thursday, 4 February 2010
Leave managing to the wise old owls – like me
Once upon a time it was all about leisure; now it’s about work. Maybe it is because work is so hard to come by that it’s back in fashion. Those of us of a supine persuasion could hardly be heartened by the news that Felix Rohatyn, a former titan of Wall Street, is returning to be a special adviser at Lazard, an investment bank.
He was already considered to be on his last legs when I first started in financial journalism nearly 20 years ago, best known for his role in saving New York City from bankruptcy in the 1970s. Since then he has been the US ambassador in Paris. He first joined Lazard soon after the Second World War, at the age of 20.
But now, at 81, back in the office? Perhaps my father, equally sprightly but pushing 85, should abandon his efforts to master golf and return to London Bridge where he worked many years before. Rather than spraying Titleists about the course he could be adding to the family fortune, thus freeing me to saunter about the links, where at least I stand a chance of making the occasional birdie.
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