Daily Diary

I donut believe it

Posted 2/08/2007 by The Daily Diary

The Diary likes nothing more than to detonate a journalistic time-bomb with its latest sensational scoop and wait for the inevitable fallout to come raining down in great acrimonious gobbets.

Recently this column revealed how Krispy Kreme donuts donated by clients were causing friction between the securitisation boys and gals at Clifford Chance and their co-workers in capital markets.

This, it transpires, did not go down too well with the so-called Krispy Kreme Kartel (referred to jestingly by our mole as “the other KKK”). Apparently the securitisation team are the rightful owners of the donuts and the capital markets crew the covetous interlopers, in a reversal of what The Diary previously alleged.

Either way, furious fee earners are reportedly penning a rebuttal; for extra gravitas the authors may wish to pin the clarification to a box of Krispy Kremes, care of The Diary.