You have a Wall Street guy and he looks like one of the seven dwarfs," Hayes says. The schlub finds himself with a fabulous girlfriend such as used to brush past him as if he were a wall. He will do almost anything to keep her if his magic millions suddenly evaporate, even selling his watch and cuff links.
"The last overhead to go is a really high-end girlfriend," Hayes says. "If you're a short, ugly 40-year-old guy and you're throwing over a high-quality girlfriend, you're desperate."
The absolute economic low comes with a realization that Hayes summarizes in a sentence. "I can't afford her anymore!"
When he hears of one tumbling titan after another giving up a fabulous girlfriend, Hayes knows we are in the direst of economic times, no matter what the Dow says."