"People who don't have money don't understand the stress"

So Bloomberg talked to some rich Wall Street types about dealing with the impact of reduced bonuses. All populist eye-rolling aside, I think this quote from Michael Sonnenfeldt--founder of Tiger 21, a "peer-to-peer learning group for high-net-worth investors"--actually makes some sense:

Sonnenfeldt said [Tiger 21] members, most with a net worth of at
least $10 million, have been forced to “re-examine lots of
assumptions about how grand their life would be.”

While they aren’t asking for sympathy, “at their level, in
a different way but in the same way, the rug got pulled out,”
said Sonnenfeldt, 56. “For many people of wealth, they’ve had a
crushing setback as well.”