Luxury lifestyles of rich take a hit
Detroit Free Press (Free subscription) | 30/10/2008
... economic downturn may be felt most in New York, home to Wall Street. "It’s in the air here," says Bronson van Wyck, who worries about his events company. Clients "still need happiness," but more will try "to entertain in a way that doesn’t make your guests feel small."Conspicuous consumption will be a bit less conspicuous, agrees St. Cyr, director of Joseph Todd Events in New York....
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