Ex-Morgan Stanley Bankers: "Strangers" by Belle Burden our HOT TAKE on the Real Finances
For our forensic analysis to uncover exactly how much “James” was earning on Wall Street, check out our latest substack https://open.substack.com/pub/thewall.... Two weeks ago, one of the most powerful women on Wall Street asked us to weigh in on Belle Burden's bombshell memoir: "Strangers". As two women who've lived and worked in every world this book touches — from raising three kids in New York City to working on Wall Street to growing up in Massachusetts and spending summers on Martha's Vineyard — we're uniquely positioned to read between the lines of a story that's been everywhere from Oprah to every video in your feed. In this episode, we break down the full financial picture most coverage glosses over: the prenup that may have been the original sin of the marriage, the real numbers behind a Davis Polk associate's salary vs. a fund-of-funds partner's take, how much Belle's husband likely earned at Arden and Select Equity, the math on a $4M Tribeca apartment and a $5.4M Martha's Vineyard estate, and why "running up quicksand" is the only way to describe trying to build wealth on a W-2 in Manhattan if you don't have a wife who's heiress to a Vanderbilt fortune. We also dig into the power dynamics — the resentment baked into the prenup negotiation, the "make me a sandwich" moment, the affair with a sell-side banker, and why the cheating partner in these stories is almost never really about the other person. But here's where their take diverges sharply from Belle's own messaging: the real lesson isn't "know your finances" — it's something much simpler. We argue that no amount of financial literacy would have changed Belle's story.

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