Banker makes 350,000 a year says its not enough.

[JeffreyLebowski]

Wow, what fucking assholes.

I wasn't surprised when I found out the tip story last week was BS, but damn, I'm also not surprised that it comes off as way too feasible after people like in that link.



JHumeC...

This just shows that rich people are as low class as the dipshits on welfare and food stamps while driving their Skittles car on 26 inch rims or Escalades.



The difference is they're acting like its somehow worse for them than people less fortunate.

This is just fucking dumb. It was their collective shitty financial sense (if not plenty of their outright criminal behavior) that caused the whole mess, and they're complaining about being able to afford renting a vacation home? They work in the financial market, yet are having issues managing their own personal financial situations?

Being that most of us in reality (not our ATOT millionaire persons) will never make $350k a year, I can see how people would think the guy is a whinning spoiled brat, but You have to look at it as that people in that class of income have bills to pay. He may have pulled in $500k before the melt down, and he lived like he made $500k. He got into an expensive home, an expensive rental, probably expensive cars, and obviously expensive schools for his kids. We can equate this to one of us making $50k a year, now all of a sudden you're making $35k a year. It's a pretty big jump and it sucks to have to try and figure out how to get buy without defaulting on your commitments.

For all of you complaining that he makes a lot of money, he also works a lot. I read an article about investment bankers and they work 80-120hrs a week. They work long, hard, and high stressed. All of you with 401ks or any other type of retirement investment shouldn't moan or bitch once about this guy, as he and others like him are the ones making your retirement portfolios grow.

 

[TheAdvocate]

Forgive me if I don't feel sorry for a banker that is relying on bonus money to sustain his standard of living.

That's easy to say, but you might as well tell a commissioned salesman the same thing. that's what most of these guys are anyway.

However, to reiterate, try losing your bonus and then having to meet a huge deductible for medical expenses in the same year. Pity? yeah, maybe a little.

One of the things that I find really offensive about the high deductible insurance shift is that the mechanism of it is to thrust the consumers into the cost auditor role. That's a role that most working families are ill prepared for. What is the fair price for any particular medical procedure (pick one)? Do you know? How would Joe Average acquire that expertise?

The shift in these plans was designed to get the insured base to start calling medical providers to bitch about costs in an effort to bring them down. It has already (2012) started causing chaos and frequent shouting matches, and I suspect, eventually, lawsuits, bankruptcies, etc. I agree that medical costs have to be curtailed, but this is a piss poor mechanism - unleashing the unwashed, uneducated masses on the system in an auditor role.

 

[Paul98]

Oh yeah, also stop sucking if you don't make as much money as you think you should you are a failure.

 

[Pens1566]

That's easy to say, but you might as well tell a commissioned salesman the same thing. that's what most of these guys are anyway.

However, to reiterate, try losing your bonus and then having to meet a huge deductible for medical expenses in the same year. Pity? yeah, maybe a little.

One of the things that I find really offensive about the high deductible insurance shift is that the mechanism of it is to thrust the consumers into the cost auditor role. That's a role that most working families are ill prepared for. What is the fair price for any particular medical procedure (pick one)? Do you know? How would Joe Average acquire that expertise?

The shift in these plans was designed to get the insured base to start calling medical providers to bitch about costs in an effort to bring them down. It has already (2012) started causing chaos and frequent shouting matches, and I suspect, eventually, lawsuits, bankruptcies, etc. I agree that medical costs have to be curtailed, but this is a piss poor mechanism - unleashing the unwashed, uneducated masses on the system in an auditor role.

Ignoring your extreme tangent into insurance deductibles ... the point remains, if you're relying on a BONUS to "make ends meet" you're doing it wrong. Someone needs to explain to these morons what the word BONUS means.

 

[Via]

Being that most of us in reality (not our ATOT millionaire persons) will never make $350k a year, I can see how people would think the guy is a whinning spoiled brat, but You have to look at it as that people in that class of income have bills to pay. He may have pulled in $500k before the melt down, and he lived like he made $500k. He got into an expensive home, an expensive rental, probably expensive cars, and obviously expensive schools for his kids. We can equate this to one of us making $50k a year, now all of a sudden you're making $35k a year. It's a pretty big jump and it sucks to have to try and figure out how to get buy without defaulting on your commitments.

For all of you complaining that he makes a lot of money, he also works a lot. I read an article about investment bankers and they work 80-120hrs a week. They work long, hard, and high stressed. All of you with 401ks or any other type of retirement investment shouldn't moan or bitch once about this guy, as he and others like him are the ones making your retirement portfolios grow.

I know a guy like this in Chicago and rest assured - he doesn't work 80-120 hours a week.

 

[dr150]

You guys don't know the world he's coming from.

I attended a top Ivy League MBA school and many entitled douches (40-50%?) choose bank jobs where $400k+ in the first year isn't out of the ordinary. One bank (DLJ) gave $1 million 3 year contracts back in 1997, which caused yawns by many.

When you live in this world, you lose grasp of reality as you almost certainly KNOW you will be a millionaire and then some in 5 years.

So for a banker to fret over $350k is understandable, given his world....which isn't all that much...in his world.

My 15 year MBA class reunion is coming up, and I know of many that have made well north of $100 million, big planes, huge mansions in that space of time.

It is what it is.

 

[T_Yamamoto]

You guys don't know the world he's coming from.

I attended a top Ivy League MBA school and many entitled douches (40-50%?) choose bank jobs where $400k+ in the first year isn't out of the ordinary. One bank (DLJ) gave $1 million 3 year contracts back in 1997, which caused yawns by many.

When you live in this world, you lose grasp of reality as you almost certainly KNOW you will be a millionaire and then some in 5 years.

So for a banker to fret over $350k is understandable, given his world....which isn't all that much...in his world.

My 15 year MBA class reunion is coming up, and I know of many that have made well north of $100 million, big planes, huge mansions in that space of time.

It is what it is.

What did you make?

 

[Blackjack200]

Ignoring your extreme tangent into insurance deductibles ... the point remains, if you're relying on a BONUS to "make ends meet" you're doing it wrong. Someone needs to explain to these morons what the word BONUS means.

Maybe someone needs to explain to you how bonuses work on Wall Street. Base salary is comparatively low, and the bulk of their compensation is made up by bonuses. These bonuses are directly tied to how much money they bring into the bank. The bankers rely on their bonuses the same way a comissioned sales person relies on their comissions.

 

[manimal]

I am still of the mindset that asking someone or offering what you make is bad taste and douchy

 

[IndyColtsFan]

I am still of the mindset that asking someone or offering what you make is bad taste and douchy

You're correct, it is.

 

[GotIssues]

Yes, and for every person that lost their only home and had to rent an apartment, there's also someone that lost their apartment and is out on the street. There is always someone out there that has it worse than you, and to whom your complaining sounds terribly insensative.

Obviously, you haven't rented in a while. They don't just rent out rooms to anyone whenever they come by. They perform a credit check and employment check. Person without a job really doesn't have anywhere to go. They aren't getting an apartment that costs about the same as a mortgage if they still don't have a job. People aren't just getting moved down the housing ladder, they wer getting thrown off it entirely.

That's not analogous. It seems that these people were, for the most part, living within their (considerable) means. It was a sharp cutback that caused the pain. Yes, people will say they should have saved, but you can say the same for lower income people too. It's just as irrelavent. If you have no compassion for others, you shouldn't expect it yourself.

They were living within their means. Their means changed, they need to adapt. Their is a huge difference between giving up the stuff they have and what a middle class family would be required to give up. They are losing extreme luxury items, and they complain like they don't have money for food. They are drama queens and nothing more.

I'm defending them because they are being attacked. They made a poor choice in complaining about losing things that most people can't afford to begin with, but that is not the huge sin some here are making it out to be. I think that a person living in a shelter should still fee compassion for the middle class family in your argument, even if he cannot afford what they are upset over losing. We are all human.

They are being mocked for being entirely conceited, materialistic, and unrealistic. If I lost my job and started complaining that I could no longer afford the next XBox360 game because of it, I'd take a deserved amount of heat for it. If I were complaining about not being able to eat, people would have compassion. Do you honestly not see the difference?

The hate is a product of them being idiots, nothing more.

 

[Miramonti]

We live in a world of relativism. He's probably not much different than most others around here.

 

[GotIssues]

You guys don't know the world he's coming from.

I attended a top Ivy League MBA school and many entitled douches (40-50%?) choose bank jobs where $400k+ in the first year isn't out of the ordinary. One bank (DLJ) gave $1 million 3 year contracts back in 1997, which caused yawns by many.

When you live in this world, you lose grasp of reality as you almost certainly KNOW you will be a millionaire and then some in 5 years.

So for a banker to fret over $350k is understandable, given his world....which isn't all that much...in his world.

My 15 year MBA class reunion is coming up, and I know of many that have made well north of $100 million, big planes, huge mansions in that space of time.

It is what it is.

So he comes from an unrealistic world. What exactly is your point? He's still talking about vacation homes and private school as if without those things, he would shrivel and die. TBH, if you are that out of touch with reality, a good gut check is probably a good thing.

The more I think about it, this article HAS to be a farce. It's just too Onion-y.

 

[JimKiler]

They are being mocked for being entirely conceited, materialistic, and unrealistic. If I lost my job and started complaining that I could no longer afford the next XBox360 game because of it, I'd take a deserved amount of heat for it. If I were complaining about not being able to eat, people would have compassion. Do you honestly not see the difference?

The hate is a product of them being idiots, nothing more.

You hit the nail on the head. discretionary income issues is whining, putting food on the table and having a home is a real issue and I believe it is called poverty.

 

[AyashiKaibutsu]

It's bad enough listening to stupid poor people complain. It's so much worse when it's a stupid rich person because despite it not being the case one hopes you need to have some intelligence to be in their position.

 

[Blackjack200]

Obviously, you haven't rented in a while. They don't just rent out rooms to anyone whenever they come by. They perform a credit check and employment check. Person without a job really doesn't have anywhere to go. They aren't getting an apartment that costs about the same as a mortgage if they still don't have a job. People aren't just getting moved down the housing ladder, they wer getting thrown off it entirely.

My brother just rented a room in Asheville, NC and he has had virtually no reported income since he left the marines 6 years ago, and I doubt he has great credit since his student loans are in default.

Landlords do indeed screen, but they can't be too picky unless they want a bunch of empty units. If you can pay the rent and won't destroy the place, lots of landlords will rent to you.

They were living within their means. Their means changed, they need to adapt. Their is a huge difference between giving up the stuff they have and what a middle class family would be required to give up. They are losing extreme luxury items, and they complain like they don't have money for food. They are drama queens and nothing more.

Whatever you might consider to be an "extreme luxury", I empathise with anyone that has to pull their kids out of a school because they can no longer afford it, their kids made all their friends at that school, and are now dropped into a totally new environment. I empathise with anyone that has to move because they can no longer afford to live in their duplex. I empathise with anyone that has to get rid of their pets because they can no longer afford their care.

They are being mocked for being entirely conceited, materialistic, and unrealistic. If I lost my job and started complaining that I could no longer afford the next XBox360 game because of it, I'd take a deserved amount of heat for it. If I were complaining about not being able to eat, people would have compassion. Do you honestly not see the difference?

The hate is a product of them being idiots, nothing more.

I think the hate is a product of much more than that.

 

[GotIssues]

My brother just rented a room in Asheville, NC and he has had virtually no reported income since he left the marines 6 years ago, and I doubt he has great credit since his student loans are in default.

Landlords do indeed screen, but they can't be too picky unless they want a bunch of empty units. If you can pay the rent and won't destroy the place, lots of landlords will rent to you.

Empty units are preferable to full units that get no money but still require maintenance and can't be rented to someone else.

Landlord/Renter relationships are not the point, though. You are trying to make this discussion into something it isn't. The people in the article are talking about not being able to afford their summer home, not their primary residence.

Whatever you might consider to be an "extreme luxury", I empathise with anyone that has to pull their kids out of a school because they can no longer afford it, their kids made all their friends at that school, and are now dropped into a totally new environment. I empathise with anyone that has to move because they can no longer afford to live in their duplex. I empathise with anyone that has to get rid of their pets because they can no longer afford their care.

It's tough on the kids to be removed from their friends, but it's not going to emotionally scar them for life. I grew up in a military area, and my friends changed all the time. Some left, new ones cycled in. All of them were well adjusted and didn't have much trouble. Those kids being pulled from their private school aren't going hungry, wearing 3rd generation hand-me-downs, or unsure of where they are going to sleep. They'll be just fine change schools once.

I think the hate is a product of much more than that.

You can think whatever you want to think, but the primary thing the people in the article are getting flak for is their ridiculous complaints, and like I said before, it doesn't matter if they were making $350k or $35k, their complaints are just a product of an unfathomably materialistic and selfish mentality.

 

[0roo0roo]

32k for private school per head.
now thats a nice business to be in😛
for that price little johnny should be having his balls washed by supermodels while he studies...srsly

 

[Red Squirrel]

Anyone who makes more than 100k and thinks is not enough sucks royally at life. Even worse with 350k. WTF is wrong with some people? 350k to be a cashier and be able to go home at 3? Sure I'd probably do it.

 

[0roo0roo]

Anyone who makes more than 100k and thinks is not enough sucks royally at life. Even worse with 350k. WTF is wrong with some people? 350k to be a cashier and be able to go home at 3? Sure I'd probably do it.

yea but u heard some say he works 120 hours a week😛
which is kinda funny since there are only 120 hours in a work week😛


in any case i bet a whole lot of cashiers would work 80 hours to get 350k...so its not really much of a rationalization. you don't spend on country clubs and the rest if you don't have any free time.

 

[Blackjack200]

yea but u heard some say he works 120 hours a week😛
which is kinda funny since there are only 120 hours in a work week😛


in any case i bet a whole lot of cashiers would work 80 hours to get 350k...so its not really much of a rationalization. you don't spend on country clubs and the rest if you don't have any free time.

I have severe doubts about anyone claiming a 120 hour work week. That's 17 hours a day, seven days a week. You'd burn out in a month.

A lot of people might be willing to work 80 hours a week, but are they willing to do all the studying needed to get into a top school, spend 3 years going to B school, and then perform at a high level like these guys do?

 

[Platypus]

lol class warfare, you guys eat up whatever the media tells you to.

 

[0roo0roo]

I have severe doubts about anyone claiming a 120 hour work week. That's 17 hours a day, seven days a week. You'd burn out in a month.

A lot of people might be willing to work 80 hours a week, but are they willing to do all the studying needed to get into a top school, spend 3 years going to B school, and then perform at a high level like these guys do?

yea anyone that works in an office works way less hours than they are actually physically present at work anyways.

working at a register on the other hand..those hours are accounted for.

 

[Anonemous]

Class warfare is the new IN thing for the media and probably in the new Batman movie.

 

[brianmanahan]

i dont get what the big deal is, everyone on atot makes 250$k a year?