Tuesday, March 31, 2009

UK Bankers Begging For Alimony Relief

Although this is the UK, it's the same all over: I guess she's not into you without all the money

Here's a shocker, the UK richie-riches are begging to re-negotiate their divorce settlements.
Bankers and other high earners in the U.K. are asking to reduce their divorce settlements as the financial crisis shrinks their net worth, according to five family-law attorneys, including Julian Lipson of Withers LLP.
Would these same bankers re-negotiate the mortgages to people who have been hit by hard times?

Funny the vindictive nature of society in that the high wage earners need a break and usually get it, but the low-end types who file for bankruptcy or get hit hard with medical bills need to learn a lesson.

Source: Bloomberg

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