The Independent’s Chris Walker spent a day out in the hedge fund wonderland of Greenwich, Connecticut. It reminds him of Newport, Rhode Island circa the early days of the last century. Only with less culture, worse taste and more geeks.
A new gilded age? I spent this 4 July in the various palatial Vanderbilt family homes in Newport, Rhode Island. Newport was Greenwich's predecessor 100 years ago, with some 300 mansions at its peak. True, whereas the Vanderbilts spoke French at table and dined in white ties, today's financiers are more often T-shirted geeks who studied physics at college. On the other hand, the building mania that is gripping Greenwich is creating a new Newport. The average price paid for a house in Greenwich last year was $2.5m, but 16 went for over $10m. Many more are built from scratch for even more.The gilded cages of the hedge-fund Vanderbilts [The Independent]
Posted by charles , Jul 10, 2006 9:49PM
To that I say..."enjoy your journalist salary, I WORK FOR A HEDGE FUND, bitch..."
Posted by guest , May 21, 2008 1:26PM
Hedge-fund clown...
Surely everyone in Greenwich?, at your hedge fund?, and most certainly those who know you personally are all impressed by your bravado, your sense of style, and most definitely by your confidence, your humility, and by all that class you so cleverly display.
The Guy from Delaware