Recession: When the money goes, so does the toxic wife

[Joanne98]

'You loser!" screamed Katie, aiming a vase at her husband. "You've destroyed my life,'' she continued, hurling it. "Just look at my hair, look at my nails! You loser, you jerk, you nobody."

Katie's husband, Jack, whose property portfolio disintegrated in the financial crash, had just told his wife that she would have to cut back on her thrice-weekly visits to Nicky Clarke, the nail salon in Harvey Nichols, and the oxygen facials, chemical peels and seaweed wraps at Space NK.

Not only that, but they no longer had the money to pay for an army of bullied Eastern Europeans to wait on her hand and foot.

Worse was to come – the brow-lift would have to be cancelled; her black Amex card would have to be snipped in half; and there was no way, he told her, that he could carry on spending £28,000 a year on Henry's school fees at Eton.

Chloe, too, would have to leave the marginally cheaper (only £25,000 pa) Wycombe Abbey immediately.

Such was the aggression and verbal and physical abuse that followed that Jack was left with cut lips and blood streaming from a broken nose.

Their eight-year-old child, not yet at boarding school, sat cowering in a corner and dialling 999. When they arrived, they had to restrain Katie forcibly from attacking her husband.

An extreme and isolated example of the global economic meltdown hitting the £1 million home? Sadly no. When the super-rich feel the pinch, inevitably, the Toxic Wife heads off.

Continued>>>
http://www.telegraph.co.uk/finance/financetopics/recession/3527803/Recession-When-the-money-goes-so-does-the-toxic-wife.html

Oh God! And you know it's true.

[CBGLuthier]

1. Wasn't this an episode of Ab-Fab?

Prophetic, that show was.

[glowing]

2. I would suppose that many of these elite women are only with their husbands

because of the lifestyle. Obviously they aren't happy. They only like the pampering.. without it there's no love.

[abelenkpe]

3. Awfully sexist isn't it?

Kinda like a comic book stereotype. I know there are women like this...and men for that matter. When I first moved to LA I was so suprised to see all these short paunchy bald men with beautiful women on their arms. Of course they are only with them because of their money. I can't feel bad for either party in such a relationship. People seem to get divorced for three main reasons: differences in the way they deal with money, differences in the way they deal with raising the children, and infidelity. Sadly, I suspect this economic storm will cause many divorces no matter what class level one lives at.

[Joanne98]

5. I don't think it's sexist. There are toxic husbands too.

But not as many. Although someone should do an article on them, just to be fair.

[azurnoir]

4. Not saying that either is right

but this strikes me as the flip side of the "trophy wife" phenomena

[Nay]

7. Agreed. Guys who marry trophy wives for their looks have got to realize

they may not be getting such a great deal. After all, it is money that bought her -- just a bit more high class than a common hooker. But the little head often overrides the big head, and there are still many men who glory in the "wimmen" that their money buys them, so much so that what these women are really like never enters the picture until it's too late.

At least this guy has the law on his side -- he was attacked, and can prob get the kids and keep most of his money.

[leftofthedial]

6. happened to me after the dot com crash

[Joanne98]

9. Sorry. I hope you're better off now.

[leftofthedial]

10. well, I'm still broke,

but way happier in many ways.

[Joanne98]

12. Bummer.

[leftofthedial]

13. it would be nice to experience one night without bone-gnawing worry about money

once in awhile,

but in other ways, poverty has been liberating and eye-opening.

[Warpy]

8. The high maintenance babe is in for a rude awakening

when she has to raise three kids on her own on child support, even child support from a formerly rich husband.

She's not going to find another sugar daddy, either, since having those 3 kids changed her figure for the worse and there's a lot of high maintenance talent out there a lot younger and tighter than she is.

I've read similar stories about trophy wives in this country, especially the Manhattan trophy wives.

As for the men, they're going to have ample cause to regret dumping the first family in favor of the young, racy trophy wife.

[eridani]

11. Marry a woman whose only job is looking good, and that's what you get n/t