Bankers’ hours once again at mediation

Our friends in the financial sector frown on our use of the derisive term “bankers’ hours” when chiding the NFL and the players’ union for not spending enough time working face to face to strike a new labor deal.  But until another term comes along that connotes the difference between hardly working and working hard, we’ve got no choice but to keep using it.

After a weekend away from the bargaining table, the two sides will reconvene at mediation on Monday.

At 3:00 p.m. ET, according to Albert Breer of NFL Network.  (Well, at least it’s 8:00 a.m. somewhere.)

Breer says that travel schedules have pushed the start time into the middle of the afternoon.  (Apparently, trains and planes weren’t working on Sunday.)

In all fairness, there’s a chance that the parties were working hard over the weekend to finalize their plans for the week, in lieu of traveling.  We hope that’s the case, because any other excuse for not being in D.C. and ready to roll by 8:00 a.m. ET would be lame.

Of course, if they get a deal done, these details don’t matter.  But if they get to the end of the week and fail — or if they decide they need another extension — we’ll be pointing back to the decision to treat Monday, March 7 like a made-up holiday.

14 responses to “Bankers’ hours once again at mediation

  1. “Apparently, trains and planes weren’t working on Sunday.”

    Apparently, the country bumpkin lawyer is forgetting how much money and effort it takes to get the city lawyer to get his a** off the couch and onto a plane on a Sunday. At a certain point, any rational human being will just say “F it. Let’s just meet Monday afternoon.”. Went to a LOT of contract signings on Monday afternoon because no one wanted to deal with the lawyers on Sunday. There is a reason you folks are universally despised, you know. Not saying you don’t have your uses, but you are an egotistical and spoiled bunch.

  2. Don’t know if all banks are doing this but the one I use (and it’s a major FI)is now open 7 days a week and until 7 pm on Friday. And I don’t live in some throbbing metropolis, I live in a quiet suburb. And I worked at an FI that through the years eliminated more and more “bank holidays”. So why not invoke as a metaphor something like a lazy, unmotivated player who never did crap like Matt Jones or JaMarcus Russel?

  3. “But until another term comes along that connotes the difference between hardly working and working hard, we’ve got no choice but to keep using it”

    PFT Hours?

  4. “But until another term comes along that connotes the difference between hardly working and working hard, we’ve got no choice but to keep using it”
    ***********************************************

    Union hours?

  5. I can’t believe we can’t even call you an idiot any more without getting our comments pulled.

    Seriously?

  6. I’ll try again to post this comment in a way that won’t offend you so much that you pull it.

    The idea that the hours they spend actually sitting across from each other in a conference room is the only time they are working on a deal is a little silly.

    In any negotiation, a majority of the work is done behind the scenes, with each side planning and strategizing for the next joint session.

    I must respectfully express a moderate level of surprise that someone formerly of the legal profession would not understand this.

    Is that deferential enough not to get censored?

    Jeez.

  7. CKL says: Mar 7, 2011 9:03 AM
    Don’t know if all banks are doing this but the one I use (and it’s a major FI)is now open 7 days a week and until 7 pm on Friday. And I don’t live in some throbbing metropolis, I live in a quiet suburb. And I worked at an FI that through the years eliminated more and more “bank holidays”. So why not invoke as a metaphor something like a lazy, unmotivated player who never did crap like Matt Jones or JaMarcus Russel?

    heh heh heh, he said “throbbing” heh, heh, heh

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