Dance lessons for 120 million?

This news about Mimi Monica Wong, the head of Private Banking for HSBC who apparently must have used some complex financial modelling tool to determine a fair value of HK$120 million for eight years of unlimited Latin dance training is causing some buzz in Hong Kong.

She is now suing her dance instructor to return the “prepaid” HK$ 62 million in advance fees because he insulted her and called her a “lazy cow”

I’m so watching Antonio Banderas “Take the Lead”, I think the ballroom dancing teacher market has a lot of room for other entrants at slightly more competitive prices :)
1 US$ = HK$ 7.8

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