Backroom Blitz
I was working at a very fancy hotel in Europe. There was a big conference going on with all the biggest asset management firms—Wells Fargo, BlackRock, etc. They booked out a whole floor and had backroom meetings. Five to eight important guys from the different companies would sit together in a locked, emptied-out hotel room for 30 minutes and “do business”.
Meanwhile, these were all supposed to be competitors. When one meeting was over, they would mix it up again and meet in another room to talk. This was happening in 20 rooms simultaneously for three days. They also had lots of ominous packages delivered to their rooms. Whatever was going on was totally shady.
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