So much money, too few Ferraris

[TomInTib]

This reminds me of something that a friend of mine just experienced.
A realtor was showing my friend's house to one of the YouTube guys and his wife.
They absolutely loved the house and the views of the Golden Gate, Sausalito, SF Bay and San Francisco.

But there was just one problem.

The price was too low.

7,995,000 effing dollars and the price was TOO LOW.

So they went over the hill and bought Agassi's house for 20 cash and got a crappy view.
Idiots.


Wall St. Bonuses: So Much Money, Too Few Ferraris
By JENNY ANDERSON
It’s a brisk Wednesday morning in the windy caverns of Wall Street and Sarah Clark’s toes are cold.

Dressed in a purple flight attendant outfit, Ms. Clark, a 26-year-old model, is trying to entice recent bonus recipients at Goldman Sachs into using a charter plane service, handing out $1,000 discount coupons to people in front of the investment bank’s Broad Street headquarters.

“Where am I going?” asks one man, heading toward the Goldman building. “It’s your own private jet,” says Ms. Clark with a smile. “You can go wherever you like.”

For Wall Street’s elite, the sky may well be the limit.

more here, but you get the drift:
http://www.nytimes.com/2006/12/25/business/25bonus.html?ei=5090&en=5ced3ca840169e2d&ex=1324702800&partner=rssuserland&emc=rss&pagewanted=print

[MikeNearMcChord]

1. This crap is what mobs with pitchforks are created from.

Liberte, Fratenite, Egalitre(bad spelling I know) anyone?

[frylock]

2. agreed..

it's shit like this that makes me dislike, dare I say HATE, this fucking country sometimes.

[Commie Pinko Dirtbag]

5. Don't. There are assholes like that everywhere.

Some of the worst offenders can be found in the over-the-top-rich areas of São Paulo. Their souls are truly black holes.

[Gregorian]

3. Here's another.

There were 11 acres in Woodside for $28 million. This was at least five years ago. I don't remember who it was that bought it, but they paid $56 million. They just doubled the price and bought it.


I honestly don't see how the rich are responsible for the poor, if I can put it that way. And it's not just America. There were and are plenty of extremely wealthy people outside our borders.

I would bet that the 7 million was too low due to the possibility that the Youtube guy wanted to invest. Although I will never understand the love of money. I'd take the view in a heartbeat.

The way I see being wealthy is that there are lots of people who contribute a little bit. And they add up to a lot of money.

The bottom line, to me at any rate, is who someone is. There are scum who are poor, and there are angels who are wealthy. Do they care about their fellow humans? Are they greedy? Greed is not wealth. You can be wealthy without being greedy. You can be greedy and poor.

Stepping back from it all, to see wealth and poverty on the same planet is very sick and sad. Now that phenomenon is senseless. But who can blame whom for that? At least the way the world is set up now, that exists. Let's change the world. No one should be hungry.

[EFerrari]

4. Ferrari is the Italian cognate for "smith".

And this whole thing makes me want to :puke:

I'm THIS close to selling this place and going somewhere like Stockton or some smaller community where I could get a little place and open a fricken library, too, for the same money.

Your own private jet, my @ss.

edit: grammar

[Commie Pinko Dirtbag]

6. If it's any consolation

Private jets are the most likely to crash.

Then again, some middle class pilot gets the shaft too.

[Scooter24]

7. *sigh*

Such a volatile job. I have a friend who went on to get his MBA from Harvard and went to wall street to work for a hedge fund. The poor guy works so much it's unreal. 32 years old, never married, no children, but he has millions. I once thought about following in his footsteps, but then I came to my senses. :)