Our Cape Cod 100% family

Between Paul and Spyro Mitrokostas, we have the economic spectrum covered


Spyro Mitrokostas' well-worn, faded red Volvo station wagon has 190,000 miles on the tachometer and a new sticker in the back window. Walter Brooks photo.

Paul is a 1 percenter while Spyro represents the other team

By Walter Brooks

There hasn't been an "Occupy Wellesley" protest yet to our knowledge, and we don't expect to see one any time soon.

That monied Boston suburb is noted for being among the most expensive zip codes in the country, for possessing the second greatest concentration of residents with advanced degrees and having the 70th best public high school in the nation according to U.S. News & World Report.

"Genius is 1 % inspiration
  and 99% perspiration."

                - Albert Einstein.
The males in Wellesley have a median income of $100,000. That means half of them earn more than that, and there are only 2 percent of families at the poverty level.

Certainly not one of the latter is Dennis-Yarmouth Regional High School graduate Paul Mitrokostas who until recently was one of an elite cabal of international bankers who meet once a month in midtown Manhattan to conspire about the rules governing derivatives trading.

Keep in mind, to be one of America's 1 percent means you are worth in excess of $14 million dollars with an annual income over a half million. People in the 99 percent have $13,999,000 or less.

On the other hand...


Spyro lives on this peninsular paradise.

Paul's brother Spyro graduated from D-Y too, went on to graduate from the London School of Economics while younger brother Paul went to Penn and the Wharton School of Business. Paul left Barclay's Bank recently and began a new career in Boston.  Spyro started in Mike Dukakis' cabinet, segued into leading the Cape Cod Technology Council in its glory days and now heads the Dennis Chamber of Commerce.

Spyro told us this week that he spent Thanksgiving at his bro's home in Wellesley, and I bet he didn't back his ancient Volvo wagon (above) into Paul's driveway, although knowing Spyro, he might have.

Paul commutes daily from Wellesley to Boston.

Spyro commutes daily from Yarmouth to Dennis.

However, Albert Einstein once said, "Genius is 1 % inspiration and 99% perspiration," which seems to suggest one should get to know Paul and maybe stand upwind of Spyro.

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