Sometimes you just have to shake your head.
Max Abelson’s December article “Bankers Join Billionaires to Debunk ‘Imbecile’ Attack on Top 1%”, on Bloomberg.com, profiles some (extremely stereotypical) bankers and Wall Street executives talking about how hard it is to have millions and millions of dollars. In his more recent piece, “Bonus Drop Means Trading Aspen for Discount Cereal“, the hits keep coming.
If you like to hear about billionaires and millionaires complaining, it’s a real treat. While I don’t want to discount the suffering of anyone, it’s hard to muster up too much sympathy for people that are ‘barely getting by on $250,000 per year’.
Here are some of the very best quotes:
“I can’t imagine what I’m going to do,” Schiff [Marketing Director at Euro Pacific Capital] said. “I’m crammed into 1,200 square feet. I don’t have a dishwasher. We do all our dishes by hand.”
“I am a fat cat, I’m not ashamed,” [Ken Langone] said last week in a telephone interview from a dressing room in his Upper East Side home.
“People who don’t have money don’t understand the stress,” said Alan Dlugash, a partner at accounting firm Marks Paneth & Shron LLP in New York.
“A labradoodle named Zelda and a rescued bichon frise, Duke, cost $17,000 a year.”
Later on, it’s nice to see some of them at least trying to wake up from their cash-coma:
“Wow, did I waste a lot of money,” Arbeeny said. (managing principal at New York-based CMF Partners LLC).
Any thoughts on the ‘cash crunch’ for the insanely wealthy? Hit the comments to let us know!
Article found via Gawker (Read) / Bloomberg.com (Abelson)
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