It doesn't seem lawyers at the firm questioned this until now, or the $40 million worth of art work hanging on the walls of the firm's Park Avenue headquarters, or the lavish jet-setting life Dreier led.
Historically, their sales have followed trends in company profits, with a few years' lag and now profits seem to be on a clear upswing.The biggest, most lavish corporate jets have suffered least in the downturn.
His good works -- fighting AIDS in Africa -- are very good to be sure, but still tinged by the glitz of his star and billionaire studded annual Clinton Global Initiative (CGI) meetings in New York, his trips to Africa on board the lavish private jets of his billionaire buddies.
It was grimly ironic that the Nice crowd had just watched an aerial display by France's lavish force of jet fighters.
In private jets, lavish is better than dull.
The coach had a whole shtick prepared Monday when he met reporters at the Jets' lavish bunker.
Buy-backs and dividends can also boost perceptions of a firm's value if, say, investors had feared it might otherwise blow its excess cash on corporate jets, lavish new headquarters, exotic takeovers or other monuments to executive vanity.Where buy-backs differ from dividends in theory and practice is that they do not treat shareholders identically: some sell, some do not.
With flashy jewelry, private jets, lavish homes and huge entourages as the required symbols of success, young entertainers can go bankrupt as quickly as they go platinum.
Stein wants the Obama Administration to ignore the fraudulent waste that is going on of scarce tax dollars spent on corporate jets, lavish bonuses, and vacation retreats because, as Stein puts it: "Yes, they will do stupid, immoral, evil things with some of the money.
Schmitz's website at one point featured photographs of him racing cars, shooting an assault rifle and flying around the world in his private jet on lavish vacations.
Among other things, his life in a faraway place at night might be comparable to his jet style, lavish life in New York and his travels all over the world in his private plane.
