You Can't Make This Stuff Up...

Max Abelson:

Bonus Withdrawal Puts Bankers in Malaise: Andrew Schiff was sitting in a traffic jam in California this month after giving a speech at an investment conference about gold. He turned off the satellite radio, got out of the car and screamed a profanity.

Im not Zen at all, and when Im freaking out about the situation, where Im stuck like a rat in a trap on a highway with no way to get out, its very hard, Schiff, director of marketing for broker-dealer Euro Pacific Capital Inc., said in an interview.

Schiff, 46, is facing another kind of jam this year: Paid a lower bonus, he said the $350,000 he earns, enough to put him in the countrys top 1 percent by income, doesnt cover his familys private-school tuition, a Kent, Connecticut,... [via DeLong - Sdj]