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This article grossly mischaracterizes who is really getting hurt in the white collar meltdown. Sure, there were alot of high flyers with stock options they should have cashed in but didn't and have adjusted their lifestyle. The real problem is the people like John who don't have their jobs anymore. This guy John will be fine. Lets see what kind of article they write about him when he loses that $95K job, and can't find another job at all, even for less money. I know alot of people working in tech, who have lost their jobs, and will likely never hold another job in their fields because of all the offshoring to India and China.