The speakers at that meeting don't need to worry about survival. They're probably all ultra high net-worth individuals. It's the CEOs who they want to make toug

The speakers at that meeting don't need to worry about survival. They're probably all ultra high net-worth individuals. It's the CEOs who they want to make tough choices and live tough. In the end, the downturn just has status and reputation implications for these partners, and making sure they feel the pain of (or with) their comrades, or at least appear that way, like they are here.