Daily Financial Moment Of Clarity

| November 26, 2008

From the pages of Wall Street Journal via Greg Mankiw’s Blog, word of a sharp drop in the demand for mistresses for the rich and powerful:

According to a new survey by Prince & Assoc., more than 80% of multimillionaires who had extra-marital lovers planned to cut back on their gifts and allowances. Still, only 12% of the multimillionaire cheaters said they plan to give up on their lovers altogether for financial reasons.

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Category: Commentary, Credit Backlash, Main, Moment of Clarity

About the Author ()

Bruce Henderson is a former Marine who focuses custom data mining and visualization technologies on the economy and other disasters.

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