I was recently at a tony wedding party—it was really fun! Hooray for love!—and all the women there were talking about, among other things of course, their dresses. It was all "Oh I got this at a sample sale" and the like. Everyone wanted to be clear that she hadn't paid full price. Many of them even hadn't. It was as if buying retail was a crime. And it was slightly scandalous (as if it were, like, 1890) that one somewhat New York-famous guest was wearing sneakers. They looked like Vans, people thought. But I pointed out that they were in fact Bottega Veneta sneakers—so, expensive, suede, woven vans—which retail [...]
You saw these homes with secrets, right? Hidden doors and even rooms! Don't they remind you of a recurring dream you've had for years? I know, ha ha, "those dreams are about a secret extra vagina" or something but actually I think living in New York for ten years makes the subconscious way literal in terms of real estate.
Well, here you go. What to even quote? Let's try this! Asked if he were willing to pay more taxes in a Nov. 30 interview with Bloomberg Television, Blackstone Group LP CEO Stephen Schwarzman spoke about lower-income U.S. families who pay no income tax. “You have to have skin in the game,” said Schwarzman, 64. “I’m not saying how much people should do. But we should all be part of the system.”
It's an incredibly hot defensive mess up in there.
What does money smell like? The Times notes the rapid rise of "sweet" in perfumes, which makes sense, given that pop culture is garbage and syrup, though Prada Candy, God bless. There are also a few holdouts, like Hermes perfumer Jean-Claude Ellena: "Instead, his new Hermès Santal Massoïa, introduced in November, is made of the 'milky' woods sandalwood and massoia. It smells sort of like a tree that’s been through a brutal storm." LOL! (Also, weirdly true. Though also sort of like a ripe melon got trapped in a sauna after being beaten with a cedar bat.) Elsewhere a (terrible-sounding) perfume is described by saying it "conjures an [...]
Got plans tomorrow night? Cancel 'em! Or at least modify them so that you give yourself time to attend this: "Mark Crispin Miller hosts Chris Lehmann, author of Rich People Things: Real-Life Secrets of the Predator Class. In Rich People Things, Chris Lehmann lays bare the various dogmas and delusions that prop up plutocratic rule in the post-meltdown age. It's a humorous and harrowing tale of warped populism, phony reform, and blind deference to the nation's financial elite." Awl pal Chris Lehmann! You'd be a fool to miss it. (McNally Jackson, 7 PM)
It’s that magical time of the year when brand preferences are being lodged in the consumer psyche by any means necessary, be it free online shipping offers or conventional “doorbuster” style shopper stampedes. (Plus, in an admirable show of advance conditioning, there are those sidebar Four Loko-fueled parking lot brawls.)
But the romance of the brand is a notoriously ephemeral thing, as any casual survey of thrift-store Tickle-Me Elmo and Tamagotchi displays will promptly demonstrate. To do the job right, in this as in so many other realms, we would do well to heed the example of the Germans. As Bloomberg’s Chris Reiter reports, Deutschland’s [...]
For people saddled with unsustainable mortgage payments, foreclosure proceedings come with a heavy emphasis on the "closure" part-since they mean eviction, devastated credit and near-permanent status as a financial pariah. But the purveyors of the fraudulent debt instruments behind the nation's present foreclosure tsunami play, as always, by a different set of rules. For even in managing the wind-down of home loans poisoned by their own special brand of recklessly securitized debt, American banks continue hewing to the same fee-seeking, asset-stripping mode of enterprise that originally jeopardized the U.S. housing market, and much of the broader economy along with it. Now, as then, they've distorted the housing market with [...]