The question on many Swiss manufacturer’s lips is, has the Wall Street fiasco and the resulting collapse of markets around the world been big enough to trigger a fundamental shift in the behaviour of those wealthy enough to consume higher–end Swiss product? It has certainly wiped out many innocent bystanders as well as an army of high-end brand flaunting parasites aligned with high risk banking, insurance, finance and investment. These latter brand name junkies have been having quite a fire sale of cars, watches, jewellery and anything else that helped them parade their self-inflated status.……but a fundamental shift in attitudes towards luxury items?

I enjoyed Mondodes’ description of Wall Street types. This quote is taken from his excellent Omega Constellation Collectors website.