As the whole country sweats this financial bailout stuff, New York Magazine has turned its focus on the story we’ve so desperately wanted uncovered: “Golly, what ever has happened to those poor Lehman Brothers traders?” The whole story is worth your complete disdain, but here are a few choice selections:
Like many on Wall Street, the Trader’s career was moving along briskly. By 2006, he had settled into a new $2 million house in Connecticut with a pool, and kept a pied-à-terre in Manhattan. With two young children, he had private-school tuition to cover. He had recently completed a home renovation, and now there was talk of a new porch with a built-in stainless-steel barbecue. The Trader estimated that he was two years from making enough money to retire and never have to work again.
In other words, the guy next door. A real average joe. I hardly know him, yet I already have a bottomless well of sympathy for him.
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