NEW YORK, NEW YORK — It works for churches and youth sports, why not Wall Street? Merrill Lynch is urging other struggling investment banks to join in their first annual Rummage on Wall Street.
“We’ve got some pretty crafty folks working in these cubicles,” said project lead Cameron Vance. “You’d never know that the guy in charge of international arbitrage is also pretty handy with a glue gun and plastic beads.” The Wall Street institution hopes to change the public image of its firm with the sale, and raise some much needed cash.
Merrill Lynch would like see other brokerages join in the effort, which they describe as totally not desperate and totally strategic. These guys know what they’re doing.
“It’s not just crafts,” said Vance. “We’ll also be cleaning out our closets to bring treasures to the public. I’ve personally got some pretty nice laser inscripted paper weights I’ll be sacrificing.” Stop by Wall Street next Saturday and who knows, maybe you could be the next Mutual Fund Manager of the Month.
Plans to implement a bake sale component are under consideration.