Won't someone think about the investment bankers?

Smaller bonuses really hit hard for some

I feel ya buddy. Sometimes my job makes me want to scream dirty words at the top of my lungs too.

I know how you feel. I'm not sure how I'm going to be able to pay the $180/month for my daughter to go to the fancy pre-school she goes to either. I'm so stuck in my life too. I want to do upgrades to my house too. Having the roof leak into my dining room is just so bourgeois.

We really can't grasp how hard this is for them!

Appalling, isn't it? Imagine how tough it is going to be for Tad, Biff and Missy to have to be around people that have to wear off the rack clothing!


I can't continue this. I don't begrudge anyone who busts their ass to make a great living. But if you're going to say shit like

you're getting no pity from me. $1.5m is "low rung"? Shit, $1.5 million would probably buy every house within a 2 block radius of me AND a 911.

I had to read the article 3 times to make sure The Onion hadn't hijacked Bloomberg. This is just

Wow. Between that and the other guy who had to stoop to $6/pound salmon...

Reading that article was quite the mood lifter. Heh.

I want the stuff successful parents have too: food for the family, a roof over their heads, clothes on their backs, and kids that are respectful and well behaved. Besides, if you're spending $32k for your kid to go to school, $600 for a portable dishwasher won't kill you.

You would think one would get used to people lacking perspective and common sense.

Exactly.

Jesus fucking christ.

Oh, the poor babies! Maybe we can organize a bake sale for investment bankers.

...Maybe it's just the delusions of the horrible flu that has gripped by body, but that would actually be a pretty good response. Show people close to--or under--the poverty line struggling to put together a bake sale to raise funds for the 1%.

Nope. It would be awesome. Especially if it started in Zuccotti Park. Show the Occupy movement where they went wrong.

Maybe Taylor and Kanye can do a duet. It'd be a grand show.

I figured out once: $1 million just sitting in the bank, earning the crappy interest most savings accounts get now, would earn more in interest than I make in a year.

I really, really want to believe it is. Sadly, idiots like this live in the suburbs around me, so I know it has to be real.

Its astonishing to think that people as (materially) successful as these need an accountant to explain such basic stuff as how to economise!!!

Why did Bloomberg print this? To point out this guy's folly or as a PSA for a decent % of its readership? In publishing this interview, they basically dealt his future prospects a major blow.

The below in particular stuck in my mind while I was grocery shopping...

Dudes like those are going to drop hundreds of thousands on their children's educations, and reinforce the same value systems and skewed perspectives. That carries a hint of tragedy to it really.

My god a portable dishwasher, Brooklyn, shared walls!!!... 1.5 million could buy half my block. I'd like to know where he "drove" from to Brooklyn? It takes 45 minutes to go the 3-4 miles from Manhattan to Brooklyn I'd scream because of that alone, but no way he'd share the subway with all those commoners.

There was a similar article in NY Times awhile back, about how 'difficult' it was living on half a million in New York City. Its both funny and depressing that these wealthy investment bankers genuinely dont consider themselves rich.

There was actually some psychology paper published (that I can't find because I'm lazy) about how after you make enough money to take care of the necessities, your stress starts going up again. There was a low stress zone where you had just a little extra, but not enough where you could start dreaming bigger.

But...anyone who wants to compare the stress of "private school or public" to the stress of not knowing if you'll be able to eat this month, let alone afford rent, is an asshole.

I used to be an investment banker. Why will nobody give me any money? Of course, I was in Texas, so our super cars were Mustangs or very large pick ups.

I am not unsympathetic, so I will help him out.

1. Pull your kids out of the schools they are at, send them to Catholic school. Par less expensive, same high level of education.

2. Ditch the rental in Connecticut, buy a house in Cabo San Lucas.

3. Renovate one thing at a time. Do something else next year. Buy GE stock, so you have an excuse to use GE appliances, rather than Wolf, Sub Zero, Asko, and Bosch.

I never came close to $350,000. I did make several times my salary, and so should he. Not everything you touch will turn to gold, but it is incredibly easy to make money as an investment banker. You are right there with your finger on the pulse of the market. He is spendthrift and incompetent.

It's a sad day when a racist investment banker can't afford a cab ride home. The first purchase the bake sale needs to make is a bigger knife for the investment banker. Seriously, only six stitches?