Rich Kids

Last month we mentioned Robert Frank's L. A. Times column on rich kids (registration required).

Frank also blogged on the subject in The Wealth Report, and his July 30 post (subscription) is still high on the Online Journal's list of this month's most read blog postings.

Lot of interest in the subject, obviously. Top wealth-holders – the top one or two percent – really worry about their kids. The rest of us like to read about rich kids' problems.

You know, rich kids. Remember the guy who roared into freshman year at college in his Porsche while you were unloading stuff from your parents' Grand Caravan?