Saturday 3 December 2016

How they'll spend it like there's no tomorrow

Published 30/10/2010 | 05:00

Wall Street's $144bn pay day is fast approaching and many of New York's top bankers are already deciding how they'll spend it.

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In Greenwich, Connecticut, an exclusive commuter town 40 minutes from mid-town Manhattan where many top bankers live, the local Ferrari dealership has accepted shipments of the Italian car maker's latest model that retails at $300,000.

Across town, upscale art galleries sell fine art and sculptures to Wall Street's more discerning traders. A local gallery owner recently told reporters she had an appointment to sell a picture by a famed German artist. The price tag: $850,000 .

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