Nothing fails like excess

From The New York Times:

Perhaps it was the bottle of 1947 Château Pétrus for £12,300 ($17,500). Or maybe it was the 1945 vintage from the same vineyard for £11,600 ($16,500). During dinner at a fashionable restaurant here, six investment bankers lapped up £44,000 ($62,700) in fine wines, and now they are suffering from a huge hangover.

Their employer, Barclays Capital, has fired all but one of the bankers since the dinner last July at Pétrus, a restaurant in London … when some of the bankers secretly tried to pass off their part of the bill as client expenses, Barclays began firing them one by one.

Gourmets willing to spend £50 for three courses can tuck into the cooking of Marcus Wareing, including sautéed medallion of stuffed confit pig trotter or roast breast of Anjou pigeon on a parsnip galette.

But the food was very much a sideshow to this particular dinner, which also included a third Château Pétrus, this one a 1946 vintage for £9,400. Then there was a 1984 Montrachet for £1,400, two bottles of Kronenbourg beer at £3.50 each, six glasses of Champagne for £9.50 each, one juice at £3, 10 bottles of water totaling £35, a pack of cigarettes for £5 and, to wash it all down, a bottle of 100-year-old Château d’Yquem dessert wine for £9,200.

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