The concentration of wealth in the finance industry has spawned a boom in high-end services, from chefs to chauffeurs, from kids’ soccer tutors to standardized test gurus. Now the bull market has given rise to expensive ‘babysitters’ to keep high-powered adults out of trouble. Investment bankers, attorneys, and other professionals are now shelling out up to $1,900-a-day to employ a 24/7 ‘Sober Companion’, a live-in coach who spends every waking minute making sure the client doesn’t use drugs or alcohol. That means commuting to work with the client, sitting in on boardroom meetings, and even taking a seat at family dinner.
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Thursday, April 4, 2013
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The concentration of wealth in the finance industry has spawned a boom in high-end services, from chefs to chauffeurs, from kids’ soccer tutors to standardized test gurus. Now the bull market has given rise to expensive ‘babysitters’ to keep high-powered adults out of trouble. Investment bankers, attorneys, and other professionals are now shelling out up to $1,900-a-day to employ a 24/7 ‘Sober Companion’, a live-in coach who spends every waking minute making sure the client doesn’t use drugs or alcohol. That means commuting to work with the client, sitting in on boardroom meetings, and even taking a seat at family dinner.
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