Credit crisis affects wives: for richer, for poorer?

Article here. Financial ruin befalls millions and all this author can talk about is how it affects well-to-do upper-middle and upper-class women that decided to "sacrifice" and stay home while their husbands went to work long hours at stressful finance jobs. Now, of course, we should feel sorry for these poor victims and understand when they head to the local courthouse to file for divorce. You may reply that she seems to be writing with a sense of irony and a general contempt for the complaints in question, but frankly, I don't fall for it. Am I being humorless here? As always, comments welcome. Excerpt:

'"Lehman Brothers employees and their wives are waking up to the reality that their stock is a busted flush, and the trophy wives of other investment bankers will be looking to cash in their chips before their husbands' stock options and deferred compensation go the same way. Either way, the outlook for the unhappily married appears fairly bleak."
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Of course, the big boys - and girls - at the top understood they were in a high-stakes business where risk was the name of the game, a game, they have belatedly discovered, where there really are losers as well as winners. You may have little sympathy for the City suits, but spare, if you will, a thought for their wives.

Not only have they lost status, but their army of support staff is in severe jeopardy: whither the nannies, cleaners, dog walkers and personal trainers? What will become of the independent schools where they send their children, even the charities who benefited from their conspicuous largesse?
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But Monday is a long way off, and in the meantime headhunters are being besieged by Lehman casualties looking for new positions, many urged on, no doubt, by resilient wives who refuse to let their breadwinner sink into a self-indulgent depression, however tempting.'

"Good heavens my dear, you may actually need to get a... a... *job*! Perish the thought!"

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Comments

manonthestreet

I have long thought that a really deep economic recession would do feminism a lot of damage. During the recession of the thirties men would hang around on street corners. I would really like that to happen to women - some chance. But whatever happens there should be no lifeline thrown by the men who might read this.

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