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I have been on Yahoo a lot over the past two or three days, and if you have been too, or you’ve watched anything on ABC news then you’ve heard this story.

It is simply your riches to rags story. A man goes to UCLA for his MBA, gets married, gets “the job,” gets greedy and thinks he can run his own hedge fund to make more than his current salary of $750,000, he can’t make the amount of money he thought he could. So, to make up for the loss in income, he and his wife put all their expenses on credit cards and don’t pay the mortgage for 2 years.

Now he is working at a pizza restaurant for just over $7.00 an hour.

Here’s the whole story from ABC News:

Jeremy

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