Repo Men (National Review Online)
If you’re making money on the Wall Street scale — which is nothing like your
boring, middle-management in the Fortune 500, Hamptons-and-Mercedes,
barely-a-1 percenter type money — then you can buy basically anything. When
real-estate investor Robert Rosania put part of his storied champagne
collection up for sale in 2008, the auction was predicted to fetch $5 million
– couch-cushion change to Rosania, who had not yet reached his 40th birthday,
making him a good deal younger than many of the vintages in his cellar. (Known
in the wine world as Big Boy, he brandishes a special saber designed for
decapitating head-clutchingly expensive bottles of champagne. Bespoke vintage-
champagne cutlery: _That’s_ how you know you’re rich.) Not far from Zuccotti
Park, where Occupy Wall Street was fragrantly encamped, I noticed a young man
wandering into a store to buy a pack of cigarettes on a bright Saturday
morning, wearing blue jeans, a T-shirt, and a $237,000 Vacheron-Constantin
watch. In a world of $600,000 cars (consult your local Maybach dealer) and
$4,300-a-night whores (consult Eliot Spitzer), it’s no big deal to buy a
president, which is precisely what Wall Street did in 2008 when, led by
investment …
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