Easy money
2008-04-14 - 16:37:25
Who said anything about a recession? Sometime between the government bailout of Bear Stearns and the Bureau of Labor Statistics report that America lost 80,000 jobs in March, Lee Tachman, a Wall Street banker, spent roughly $50,000 last month on a four-day jaunt to Miami for himself and three close friends.
“It was just all out — it was insane,” said Mr. Tachman. “I’m not afraid to spend money like that.”