01 February 2009

And this is how it starts ...

From today's New York Times:

"Still, some of the island’s premier properties are for sale. Bruce McMahan, a hedge fund executive, has put his 7,300-square-foot condominium, which he used exclusively to entertain business associates, on the market, along with all its art, for $30 million.

Its walls are covered with copies of paintings from the Hermitage Museum in St. Petersburg, Russia. The paintings were done by a team brought over from Russia by Mr. McMahan, who heads the Argent Funds Group. There is also a collection of Fabergé eggs and boxes and original correspondence from the Romanov family, which ruled imperial Russia, all housed in what is called the “Romanov bedroom.” Two Rodin sculptures adorn a terrace that fronts the ocean and is guarded by a German shepherd."

Did they really think they could repeat the model of the Russian Empire? Seriously? I likes me some icons and Fabergé eggs too, but the aristocrats lost then, and they'll loose again. Having a lot of fancy stuff does not give one moral authority (cf. the Catholic Church) nor does it mean you have a sustainable social or business model.


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