Enjoying a New Era in Networking ; Birmingham's Property Community Once Celebrated Christmas in Lavish Style, but has the Mood Changed? Ian Halstead Asks Around

Summary

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In those distant days when sub-prime might have been a cheap cut of meat, and no-one talked of the new rate for dollar swaps, December was a time for celebrations on a grand and very visible scale.

The biggest and the best bashes were always held by developers, financiers and advisers who made a lucrative living from the property world.

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Extract

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Enjoying a New Era in Networking ; Birmingham's Property Community Once Celebrated Christmas in Lavish Style, but has the Mood Changed? Ian Halstead Asks Around

Christmas was too, a time when work-k ing journalists realised their lowly place in the new order.

For 11 months, they were sent scurry-y ing around the development community to extract titbits of news for their pages, their broadcasts, and their blogs and web-sites.

Come December though, senior executives would tiptoe awkwardly out of newsrooms at midday - silver-embossed invites in their paws - then return with wobbly gait many hours later, clut...

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