Cuts In Wall Street Bonuses Creates Hardship

Many will not sympathize with those who are depicted in this article. It is a problem, however, for everyone when expenses are greater than income. The problem with Wall Street is that many get hooked on lifestyle that is considered to be normal. Taking one's children out of private schools, or not taking the right kind of vacation, would be a serious loss of status on Wall Street. It is no accident that people get hooked on an extravagant lifestyle and the need for very incomes on Wall Street. It happens by design.