Richest are abandoning homes, jewels ... and some are even broke
(NEWSER) - Before Wall Street's woes reached Main Street they pillaged Fifth Avenue, the Upper East Side, and the Hamptons, upending the culture of Rich America in the process. Manhattan bankers—some of whom went from multi-millionaires to debtors—are offloading Central Park apartments, high-end art, and private helicopters in a dizzying spiral, writes Michael Shnayerson in Vanity Fair. There's even talk of coupon-cutting. More»
