http://www.usatoday.com/money/economy/employment/2009-12-29-laid-off-executives_N.htm HILLSBOROUGH, N.J. — As chief financial officer of a top New York advertising agency, Jeff Boose boasted annual pay exceeding $400,000, a spacious office and a lifestyle to match.
Boose and his family live in a sprawling house in this affluent suburb, belonged to a country club and took numerous lavish vacations each year.
But since he was laid off in late summer 2008, they've made a head-spinning pivot. It's no surprise the country club membership, the vacations and a Volvo sport-utility are history. More tellingly, the Booses question every dollar they spend, sometimes eating pancakes for dinner and borrowing from their parents to pay the bills.
