Ages ago in London
After a sober investigation it was revealed that the problem lay with their short-handed accounting practices.
You see when they bought or sold the brew they did so in one of two sizes, pints and quarts. But who had the time to write an entire word on a chalk board when faced with thirsty customers so a pint became ‘p’ and a quart ‘q.’
Well as any dyslexic or observant person will tell you a ‘p’ is basically the mirror image of a ‘q.’
So the pub owners or their workers were inadvertently logging in many ‘p’ quantities as ‘q’ sized or vice versa.
This led to paying out the wrong amount to suppliers who I’m certain never complained if the error was in their favor or charging the wrong amount to patrons who surely self-servingly acted in the same manner.
Continuation of the practice thus threatened the entire establishment with bankruptcy.
Usually stiff upper lip pub owners also known as Publicans looked for ways to ensure their workers would not propagate the mistake.
The entire episode led to the famous phrase, “Mind your Ps and Qs.”
Last week a similar mistake onWall St.
The subsequent panic sent sellers to their computers faster than parched sailors to a pub. The shock wave went through the entire stock trading world and caused this investor to reach for more than a ‘p’ or a ‘q’ of alcoholic nectar.
Investigators will now sift through the evidence of the untimely act to see if it was indeed a mistake or if the ‘BM’ of a trader intended to send stock prices down so as to pick up a few bargains on the dip.
And back inLondon
You certainly don’t need an MBA to figure the updated version.
HeyWall St.
After a sober investigation it was revealed that the problem lay with their short-handed accounting practices.
You see when they bought or sold the brew they did so in one of two sizes, pints and quarts. But who had the time to write an entire word on a chalk board when faced with thirsty customers so a pint became ‘p’ and a quart ‘q.’
Well as any dyslexic or observant person will tell you a ‘p’ is basically the mirror image of a ‘q.’
So the pub owners or their workers were inadvertently logging in many ‘p’ quantities as ‘q’ sized or vice versa.
This led to paying out the wrong amount to suppliers who I’m certain never complained if the error was in their favor or charging the wrong amount to patrons who surely self-servingly acted in the same manner.
Continuation of the practice thus threatened the entire establishment with bankruptcy.
Usually stiff upper lip pub owners also known as Publicans looked for ways to ensure their workers would not propagate the mistake.
The entire episode led to the famous phrase, “Mind your Ps and Qs.”
Last week a similar mistake on
The subsequent panic sent sellers to their computers faster than parched sailors to a pub. The shock wave went through the entire stock trading world and caused this investor to reach for more than a ‘p’ or a ‘q’ of alcoholic nectar.
Investigators will now sift through the evidence of the untimely act to see if it was indeed a mistake or if the ‘BM’ of a trader intended to send stock prices down so as to pick up a few bargains on the dip.
And back in
You certainly don’t need an MBA to figure the updated version.
Hey
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