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Dance lessons for 120 million?

June 21, 2006

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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Categories: Humor
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