We’re just finding out about this literal invite-only boys’ club. More

Schadenfreude is a poor substitute for free flowing alcohol.
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Sometimes there’s nothing you can do. You must leave your company holiday party. But yet you linger on, wondering where else to hit up. But the answer can be right in front of your chinny chin chin.

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There’s a new elite social network in town, and it’s going to be so elite, that not you, nor anyone you know, nor anyone you might even *think* of, will be invited to join. More

Your bonus cash won’t buy you entry into this Chelsea club … if it ever opens, that is. More

As if a night a strip club isn’t expensive enough, we bring you a tale of woe for an ex-RBC (now Thomas Weisel) trader that is trying to recover the dough for a “promise” made to his ex-gf for what could be a very pricey boy’s night out. Apparently, boys won’t be boys… More

Could it be that I finally hear something bad about London — namely, that it’s nightlife is starting to suck? M.B. brings our attention to a Times article from early this year on the practice of hypercompetitive clubsumption (yes we’re in a dangerously desperate mood today), whereby the exuberantly rich are spending an average of $7,000 on weeknights and $20,000 on weekends to secure VVVVVViVIP spots at clubs like Movida. And while Movida sounds remarkably like a lamely-named 27th street club, I’m happy to inform you that the club actually belongs to the famed London nightlife scene.

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The no doubt lovely bikini-clad ladies at the Hawaiian Tropic Zone are probably wondering what happened to all those big-tipping bankers that used to frequent the HTZ, aka “The Hottest Place on Earth!”.
Turns out that bankers at Morgan Stanley, Lehman Bros and Smith Barney are under a new expense policy regime: no client entertaining at the Hawaiian Tropic Zone — so reports the New Yorker.

One apparent appeal of the place is a twice-daily beauty contest that goes on. Here’s an exchange describing the contest between an unnamed young investment banker and Dennis Riese, owner of the restaurant: More

Boujis, that members club oft frequented by royalty, celebs and banker-types (no relation) turns five years old this summer. The b-day bash, labeled one of London’s hottest parties this summer by the Times (UK), is happening on June 10 at Syon House.

Will a BBaller will be in attendance? We hope so. And if so, please do report back.

It’s been about a year since I’ve hit the 27th Street scene, but apparently things have gotten really bad over there.

So, who can you blame? Well, besides Joe Jon B, owner of money-pumpers Home and Guest House (and proponent of a very liberal door policy), you can also focus your hate on one of your own. It was Joe Jon B who capitalized on the celebrities > models > bankers + bottles profit formula, according to this NYMag piece, but it was legions of promoters and people like the banker below who filled the cavernous clubs night after night:

“The owners of the events company Impulse would bring a hundred of their friends from Long Island on any given night. David Jaffee, an investment banker, would send out e-mail blasts beginning, ‘Greetings from my cubicle on Wall Street’ to 75,000 people whom he encouraged to attend parties where he rarely deigned to appear.”

Sounds very much like someone I know.
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If you’re anybody in this town, you don’t go out on Saturday night. So say several members of the finance community as well as one of the owners of that banker bastion, the Spotted Pig. More

Swing batter batter! Someone has stepped up to the I’m Cooler Than A.J. challenge. Does this group of traders put little old A.J. (and investment bankers) to shame?

Lx.tv/Code.tv seems to think so, at least from the title of their new vid — “Livin’ Single: Balling bigger than AJ.”

BBalle’s play by play (after the jump):

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This is two weeks old, but I just came across it. Judging from the fact that the A.J. stuff is still getting commented on, I thought you might be interested, too. Below is a Fox News clip with pundits on AJ/Vayner/etc. Forget about “models and bottles” these people blow me away with their gay commentary:

“Nobody writes letters anymore … nobody even talks on the phone (that) very much…”

“If it looks real on TV, my kids … think it is real!”

The only one with a brain is the hedgie who I actually agree w/r/t the little brother concept.

Whoa. The A.J. item has hit DealBook, as usual a few days late. They link to the NY Sun, which doesn’t do much new reporting but summarizes what’s come out thus far.

There exists no record of an employee at Morgan Stanley, however, with the last name Von Suarma or Suarma. So who is this A.J. character?

Yeah yeah yeah, we posted the video, but you know what our standards are. I don’t know about you guys but I’m a bit disturbed that this stuff is considered “news.”

What’s next, I-Banker Goes to Bathroom, Takes Dump!!! ?

It sounds like many of you think you can do better than A.J. Apparently, all of you rock stars have cars better than Porsches and ride the white horse all night long (with models and bottles of course).

Eager beavers can and should (for all of our workaday amusement) step up and make a mini banking celebrity out of yourself. Just remember: sex on the beach is a drink. All the information is here.