MONDAY MARCH 31
‘How many Louis Vuittons Is That?’

Over a drink a few weeks back at one of our favorite hole-in-the-wall watering holes in downtown Manhattan (the Raccoon Lodge, 59 Warren Street) one of our favorite fans of this Web site, a tried-and-true commodities veteran who went to Princeton with none other than Donald Rumsfeld, leaned over and confided to us in very low tones, “Now that oil’s over $100, we are gonna’ start to see scams like you wouldn’t believe.” We did believe that. What we didn’t believe was that an oilman and his Louis Vuitton-loving daughter would get so easily busted by MTV show, `My Super Sweet 16.’ Now that is appalling.

March 2008

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