Elizabeth LumleyFinextra - London
17 July 2008 | 3150 views | 0 | Recommends 1
Rumour has it that now that there are a few extra empty desks in the City (and Wall Street) many of them are hosting very expensive, and idle, Bloomberg terminals.
The scramble to consolidate and save money (and find those redundant serial numbers) is now on.
Reuters was sold for £9 billion. When will $20 billion start looking like silly money?