Tuesday, November 18, 2008

Rich Cut Their Lovers' Funding

When recession hits the rich, the rich get stingier. So report after report from the megamillionaire front keeps telling us. This Wealth Report post suggests that the trend has already arrived at Silly Season.

One helpful factoid noted by Robert Frank:

"[I]n a time of financial crisis, it is better to be a kept man than a compensated woman."

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