Such a tragic story...

**Fovezer** · 02-29-12, 08:03 PM

Bonus Withdrawal Puts Bankers in "Malaise" - Yahoo! Finance

Schiff, 46, is facing another kind of jam this year: Paid a lower bonus, he said the $350,000 he earns, enough to put him in the country's top 1 percent by income, doesn't cover his family's private-school tuition, a Kent, Connecticut, summer rental and the upgrade they would like from their 1,200-square-foot Brooklyn duplex.

"I feel stuck," Schiff said. "The New York that I wanted to have is still just beyond my reach."

"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 who specializes in financial planning for the wealthy. "Could you imagine what it's like to say I got three kids in private school, I have to think about pulling them out? How do you do that?"

I weep for these people in these tough times. They have is so bad...

**Guyver** · 02-29-12, 08:11 PM

That poor, poor, man..................

**SapiensErus** · 02-29-12, 08:32 PM

I lol'd.

**ninja|oaklandr** · 02-29-12, 08:39 PM

Almost as sad as the NBA players struggling during lockout.

**Alundil** · 02-29-12, 09:56 PM

Originally Posted by SoySoldier

I lol'd.

Me too.

Sent via highly charged bolt of electricity.

**Xavsnipe** · 02-29-12, 10:29 PM

haters gonna hate.

**deathgodusmc** · 02-29-12, 10:45 PM

ROFL wow i almost shed a tear for that poor guy but then i remembered hes an asshole for complaining about his 350k salary.

**DJ Ms. White** · 03-01-12, 01:29 AM

Dear god I miss my trust fund. QQ

**iravedic** · 03-01-12, 01:41 AM

Easy now - try and remember that those in the top 1% are infinitely closer to the 99% than they are to the top .01%.

**MaFioSo** · 03-01-12, 02:11 AM

Originally Posted by iravedic

Easy now - try and remember that those in the top 1% are infinitely closer to the 99% than they are to the top .01%.

This is true, and I personally know of plenty of people that make 350K +, their actually not as cold hearted as the media makes them out to be. And btw the more money you make, the more expenses you have, some of these people I know pay a ridiculous amount of money on their property taxes alone. Just remember that the vast majority of people in the top 1 percent are probably those just over 350K......lawyers and doctors with their own practices, small business owners, professional athletes you've never heard of, etc..... not the billionaire oil monopolist most people think of.

"People who don't have money don't understand the stress," said Alan Dlugash

I would say that's arrogant at best, financial stress is present at all levels of income. Still though I can see how a person who owns multiple businesses could have a lot more stress in their lives than a person working a 9-5, paycheck to paycheck. I think the stress comes from a change in standard of living, I think that guy having to pull his children out of private school is feeling as much stress as the guy having to sell things at a yard sale to make ends meet.

I'm sure people all over the world living in 3rd world countries, starving, living in a shack with no running water or electricity probably have the same feelings toward average Americans that average Americans have towards the top 1 percent.

Think about it, roughly 20% of the world population does not have access to clean water, here in America...even if your poor, all you have to do is stand up and turn on the faucet.....don't you think those people share your viewpoint? Sarcastically feeling sorry for the millions of Americans that are going through financial stress in these times. Probably laughing at how stressed out Americans get even though they have civil liberties, food, clean water, shelter and education for their children.

Originally Posted by ninja|oaklandr

Almost as sad as the NBA players struggling during lockout.

Keyword is "almost", let's not forget Jesse Jackson confirmed awhile back that today's NBA players are "slave workers" and I couldn't agree more myself. /sarcasm