Several hours before last night's Hailpocalypse descended upon Brooklyn, we were having drinks with a guy who works in fixed income at JP Morgan Chase. He revealed a new and unintended consequence of more bankers using iPhones: some senior bankers are just discovering text messaging.
"My boss used BlackBerry messaging and sent emails all the time. Sometimes his emails were so short, like one word, that I believed he thought it was a version of instant messaging," the banker told us. "But this is far, far worse. He discovered texting through the iPhone and now he won't stop."