No Money In The City

Katherine Bucknell writes about wives coping with husbands who have lost their Lehman Brothers jobs and income:

One man I know who worked at Lehman Brothers accumulated stock in the company for decades and never got around to diversifying his portfolio. This week he saw his net worth drop from a paper high of about $100 million (£56 million) some months ago to virtually nothing.

The cook goes before the nanny. The nanny goes before the cleaner. Forget about the gardener.

The full report is here.

HTlrc