Do these people actually live in the world we do?
Wall Street Wags feel the squeeze
FEW Americans are in the mood to feel sorry for struggling bankers - but spare a thought for the mortifying plight of the bankers’ wives and girlfriends. The Wags of Wall Street have not only lost their private yoga trainers, they are having to learn how to cook.
“Cooking pasta sauce on the weekends isn’t my idea of a good time,” complains the wife of a humbled New York financier who can no longer afford to squire her around Manhattan’s fanciest restaurants.
“He wants us to move to the suburbs!” whines the girlfriend of a newly impoverished hedge fund tycoon. “My Louis Vuitton shoes won’t last long in the suburbs.”
The economic crisis appears to have struck a terrible blow at what one New York lawyer has described as the “high-end girlfriend” industry.
The beautiful young women who flock to New York in search of love and money - preferably lots of the latter - are suddenly finding that being a mistress to a master of the universe no longer comes with a monthly clothes allowance and weekend breaks in Bermuda.
Even the sex has taken a turn for the worse, according to a series of jaw-dropping accounts posted on a new website run by one of the more improbable support groups to emerge from the global recession - Dating a Banker Anonymous (Daba).
The brainchild of a pair of Wall Street Wags “whose relationships tanked with the economy”, the Daba site has become a riotous forum for distressed wives and girlfriends to let off steam about their banker husbands and boyfriends - and for the rest of America to seethe at the pouting self-ab-sorption of a pack of overprivileged hedge fund princesses.
“Not knowing what else to do, we did what frustrated but articulate girls have done since the beginning of time,” explained Megan Petrus and Laney Crowell, the site’s 27-year-old founders. “We started a blog.”
Not everyone has been thrilled by the self-pitying tales of cancelled manicures and half-price cocktails. “Hundreds of thousands of your fellow Americans are losing their jobs, and you’re making a joke about it,” complained one visitor.
Cathy, a fortysomething banker’s wife, said her husband’s bonus had been slashed by 75%. “My private credit card is cut, I’m having my facials and massages once every six weeks instead of monthly and I’ll be doing my Pilates with others, in class, instead of with my private instructor . . . private was so much less humiliating.”
A recent survey cited by Details magazine calculated that 80% of multi-millionaires planned to cut back on gifts and allowances for extra-marital lovers. A woman called Courtney complained that her lover had not taken her to Bermuda since September. He told her: “Honey, finances are tight right now so my wife has taken it upon herself to check up on all our accounts. She will notice any big expenditures.” http://www.timesonline.co.uk/tol/news/world/us_and_americas/article5627501.ece