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Reply to "Kathy Ruemmler. How could she???"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am fascinated with people that have so much money yet have a compulsion to associate with questionable people to get free stuff. She made millions every year - pay for your own trips and private planes! I have known more than my fair share of these people. They will take a private plane and go to a concert in like Las Vegas on a scumbag's dime. Meanwhile they just sold a company for millions. [/quote] The money is just digits on a screen. Strivers like Ruemmler are used to the number always growing. I suspect she comes from UMC roots and never really leveled up her lifestyle. GS pays for her transportation and meals. She probably hasn’t paid for a vacation in years, just uses corporate jet and points. She may actually have a clothing allowance from Goldman. The company probably pays for an apartment in the city. No kids, no spouse to consider. If you never change your life style, the money doesn’t seem real even if the number is enormous in your accounts. You’ll still chase after freebies or hoard credit card points. She’s probably worth close to $100M but has never lived a life off the treadmill. She’s never had to spend down a part of the corpus. She’s going to be in for a massive shock, will probably have a mental breakdown. [/quote] She does come from an UMC family. Father was a computer scientist who died in 2012, a date that might be relevant. Mother was a research scientist for Battelle. We know from her emails that Latham was giving her an $8,000 a month housing allowance in 2014.[/quote] Equity partners get housing allowances? How bizarre[/quote] Tax deductible write off for the firm in lieu of comp. If they paid her $96K extra in comp, there would be self-employment income taxes, FICA, etc These fringe benefits are tax optimization plays [/quote]
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