Sunday, February 25, 2007

The Wealth Report Rich Bankers-

"Late last year, Manhattan jeweler Ruedigar Albers sold a $31,000 Patek Philippe watch to an investment banker who'd just closed a big deal. The banker liked the watch so much he placed an order for another one on the spot -- saying he might give it to a colleague.
'Wall Street bankers have become big repeat customers,' says Mr. Albers, president of Wempe USA, which sells watches and jewelry. 'Morgan Stanley, Lehman, Goldman Sachs, Bear Sterns -- they're all coming in.'"

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