A Munich Re unit hosted about 20 prostitutes at a party thrown in Budapest to reward the insurer’s high-performing agents, a spokesman said.
The incident in the summer of 2007 was a “clear violation” of company policy, said Alexander Becker, a spokesman for the Ergo Versicherungsgruppe subsidiary, in a telephone interview today. Senior management involved in organizing the event are no longer employed at Ergo, he said.
Ergo hosted the party for about 100 guests at the historic Gellert spa, Handelsblatt reported in a preview of an article to be published tomorrow. Women wore color-coded armbands, the newspaper said, citing unidentified guests, with red for hostesses, yellow for those available for sexual favors and white for women reserved for executives and top agents. After each trip to beds set up near the thermal baths, a woman would receive a stamp on her forearm, the paper reported.
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NicTrades – The National Enquirer of the iBC news fee. I dig it.
That’s harsh.
I post interesting stuff, usually when you are all asleep.
Do we have to be so prudish these days? If Arnold can get some pussy on the side, what’s the big deal?
I am really shocked that anyone is shocked at this or maybe I have always worked in very male dominated environments.
The armband thing reads a bit dodgy for a german company …