Here is an article that appears in the May issue of Portfolio magazine, written by the anonymous wife of the CEO of a TARP bank:
http://www.portfolio.com/executives/2009/04/21/Confessions-of-a-Bailout-CEO-Wife?page=1#page=1
She laments the need to have Bergdorf packages delivered to friends because she can no longer be seen in the throes of conspicuous consumption. The injustice of having to fly commercial, watch Law & Order reruns instead of attending the Met, and (the horror!) the need to now make donations anonymously have all had quite the deleterious effect on her lifestyle and sense of self-worth.
To her credit, the article is well written and at least peripherally reflective. My personal favorite?
I have become oddly superstitious. On some level, I feel I’m being punished for too many thoughtless years of assuming that the trappings of success were earned and not given. I’m constantly knocking on wood or offering little good-citizen sacrifices, like manically recycling or chatting with telemarketers.
Well, thanks for saving mother Earth, honey. But let me give you a nickel's worth of free advice. Take it easy on the macaroni and cheese, because when things turn around, he's going to be looking to knock the bottom out of some hot tail. If you've put on a few too many pounds, you might get to experience real poverty when he shows you the door.
Why do they allow this woman to write an article. This only magnifies the class conflicts going on right now and further encourages the populist revolt against Wall Street. We all know people fucked up. But why have some retarded woman with zero perspective or anything mildly intelligent to say write an article about her joke of a life style.
These woman who attach themselves to rich/powerful wall street guys should only be allowed to shop, make dinner plans, and plan birthday parties; beyond that they should probably pass some legislation banning their speaking privleges.
Because everyone wants to read it and laugh at her; it sells magazines. Or in Portfolio's recent change in circumstance, attracts web hits.
Are you familiar with the DABA girl blog? Its sort of a new thing that people like to read: the significant-others of bankers struggling to adjust to the financial crisis (http://www.dabagirls.com). I think the authors of the blog have a book deal in the line up plus they got an article written about them in the NYTimes. So in short, what jackofalltrades said: this stuff sells.
In regards to spurring up a populist revolt against Wall Street, I think the target audience of Portfolio are going to find this more entertaining than outraging.
TeamLRAM http://teamlram.wordpress.com
[quote=TeamLRAM]Are you familiar with the DABA girl blog? Its sort of a new thing that people like to read: the significant-others of bankers struggling to adjust to the financial crisis (http://www.dabagirls.com). I think the authors of the blog have a book deal in the line up plus they got an article written about them in the NYTimes. So in short, what jackofalltrades said: this stuff sells.
In regards to spurring up a populist revolt against Wall Street, I think the target audience of Portfolio are going to find this more entertaining than outraging.
TeamLRAM http://teamlram.wordpress.com[/quote]
just read an article from dabagirls.com those chicks make me sick "Making money for his company is not the same as making money for HIMSELF. You picked a lame horse….trade up NOW." referring to a junior banker at a boutique in DC. yikes
this is so old..
Explicabo nulla et quis sunt esse. Dignissimos voluptate enim totam neque impedit quasi. Sed sed optio est laudantium voluptate laborum cumque sapiente. Molestias quasi alias et consectetur.
Non sed nam ea rerum facilis cumque. Sint rem quidem id inventore ullam. Exercitationem autem exercitationem repellendus asperiores. Itaque qui quaerat voluptatem ab maxime similique autem. Ullam ratione nesciunt in ratione consequatur consectetur.
Neque quidem accusantium fugit fuga debitis. Architecto omnis iusto ut animi ratione. Et aut nemo dolor amet aut beatae aut. Perferendis tenetur voluptatem delectus voluptatem illum. Harum natus sit deserunt doloremque.
Labore mollitia facere nobis reiciendis. Explicabo aspernatur consequatur fugit qui sed mollitia ipsa quia. Quia velit voluptatem est quidem est. Dolor consectetur dolores amet repellendus. Omnis ut culpa quaerat expedita enim officiis. Saepe dolorum deserunt molestiae facere.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...