Following on from the songs already written in tribute to the world of structured finance, and all of the losses that have gone with it - both in terms of money and jobs - it appears that this industry continues to thrive in the more artistic endeavours. Perhaps this is prose and drawing, or maybe it's just sketching and doodling. Either way, have a look at the link that follows for a quick, down and dirty recreation of exactly how the subprime crisis emerged and how the response was so sensitively handled. We warn you that some of the language is a little tasty and perhaps not for the squeamish, but if you are fine with that, read on: See Subprime presentation (2.29MB, Powerpoint)

So did he end up working in advertising, after all?

The question was asked of Giles Rothwell, erstwhile head of retail structured products at JP Morgan; the question was asked by a competing publication to Structured Products magazine.

Unfortunately for the competing publication, which included a full vanity profile on the experienced banker, the question asked in the first line of the profile remains. It was only days after the publication of the article that Rothwell decided he had completed his brief stint at the US investment bank.

After detailing Rothwell’s career path and outlining some of his plans for the behemoth, the article concludes – correctly as hindsight would have it – that “all Rothwell needs … is serendipity and the willingness to adapt and change as he forges a common identity”.

A fair observation to report, but not sure that the magazine in question quite had the idea that Rothwell’s next move was to pack his bags and leave the US bank.