Posts Tagged: Frugal Fatigue
13

Frugality Is So Fatiguing

The Obama administration-now in frantic populist make-up mode-may be pondering beefed-up regulation of the banking industry, but the titans of Wall Street finance are plainly in no mood to be fenced in. Not only did investors pull a major funk last week, putatively thanks to their skittishness over the White House's antibanking posturing, but Manhattan's monied class is primed to get frisky once more in the luxe consumer marketplace, according to New York Times Sunday Styles correspondent Laura M. Holson. It's bonus season, and for all the high dudgeon finance moguls affect to feel over their D.C. victimhood, their generous federal bailouts have put them back decisively [...]