When the market crashed last year, I lost $58,000. But that money didn't just vanish- my loss was someone else's gain. Someone like Martin Sullivan, former CEO of the insurance giant AIG. In 2008, the year that he drove the company into the ground, Forbes reported that he made $10.93 million (1).
And I wonder, sometimes- what did he do with that money?
For $58,000, he could take his wife on a lovely 36-day “Top of the World Adventure” that goes from New York to Greenland, then to Iceland (to see the country he helped destroy, financially), then on to happier places like Norway, England, and Denmark.
But wait! That wouldn't use up all of the money I lost!
He’d still have enough leftover to buy a little diamond necklace for his wife. (He's so sweet to her!) I’d suggest the lovely Tiffany Lace Necklace. Only $23,175.
What did your losses buy for someone?
(1) http://www.forbes.com/lists/2008/12/lead_bestbosses08_Martin-J-Sullivan_I8BE.html
No comments:
Post a Comment