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Sunday, October 18, 2009

Under Scrutiny, Wall Street's Hedge Funds Managers No Longer Dedicate Slush Cash to the Maintenance of Concubines

The Great Recession has created some unintended hardship for many escort services, mistresses and concubines. Hedge funds managers and many of the workers, bankers and business people who used to entertain such companies are keeping their wallets, purses and money bags closed. They are paying attention to the bottom line now. The bonuses have long stopped coming in. The hot derivatives are not as productive as before. The housing market has been upside down.

Mistresses of high power wall street men have hit some hard times. The expensive gifts are not coming any longer. The expensive hotel reservations have dried up. Not all of the big shots have stopped maintaining their mistresses though. One thing they know is that business is not as before. They can not go under the radar.

From time to time, some hedge funds managers are getting caught for fraud. They are resorting to all kinds of exotic maneuvers to try to make more money. Life has greatly changed. It is cause for alarm for many of them.

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