Don\u2019t elect a rich guy to fix this system.<\/p>\n
Bonus Drop Means Trading Aspen for Coupons – Bloomberg<\/a> <\/p>\n Most people can only dream of Wall Street\u2019s shrinking paychecks. Median household income in 2010 was $49,445, according to the U.S. Census Bureau, lower than the previous year and less than 1 percent of Goldman Sachs CEO Lloyd Blankfein\u2019s $7 million restricted-stock bonus for 2011. The percentage of Americans living in poverty climbed to 15.1 percent, the highest in almost two decades. \u2026.<\/p>\n The smaller bonus checks that hit accounts across the financial-services industry this month are making it difficult to maintain the lifestyles that Wall Street<\/a> workers expect, according to interviews with bankers and their accountants, therapists, advisers and headhunters. <\/p>\n \u201cPeople who don\u2019t have money don\u2019t understand the stress,\u201d<\/font> said Alan Dlugash, a partner at accounting firm Marks Paneth & Shron LLP in New York who specializes in financial planning for the wealthy. \u201cCould you imagine what it\u2019s like to say I got three kids in private school, I have to think about pulling them out? How do you do that?\u201d <\/p>\n<\/blockquote>\n Bonus Drop Means Trading Aspen for Coupons – Bloomberg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Don\u2019t elect a rich guy to fix this system. Bonus Drop Means Trading Aspen for Coupons – Bloomberg Most people can only dream of Wall Street\u2019s shrinking paychecks. Median household income in 2010 was $49,445, according to the U.S. Census Bureau, lower than the previous year and less than 1 percent of Goldman Sachs CEO … Continue reading “People who don’t have money don’t understand the stress” of being nauseatingly rich. Yeah, it sucks to be in the .001% (HT @edbott)<\/span> \n