Interesting Take on the $500K Salary Limit

While I could find a lot to cut out (such as $16,000 per year for vacation), this article takes an interesting look on how a banker "couldn't live" on a $500K salary. Though mortgage commitments and cost of living differences are part of the reason, the author argues that a successful banker has a certain lifestyle that has become part of their identity. While I don't think taxpayers should subsidize their way of life - after all it is the banking industry that is part of the cause of this mess - it is interesting to take a look at it from the other side.