Kiet Huynh

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Wasserman noted, “The price of first-tier Bordeaux wines, being casked in 2001, has been bid way up, mainly by Americans. Meanwhile Detroit is preparing a new generation of overweight, $40,000-and-up sports utility vehicles, which, in spite of everything—are selling for 9 percent more than last year. “And who is buying these top-shelf goodies if not the investment bankers and fund managers?” he asked. “Some of the same people who collected fees for putting my nest eggs in the wrong basket and looking on as they cracked and dribbled onto the ground.”28
Bull!: A History of the Boom and Bust, 1982–2004
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