Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Thursday, February 26, 2009

Holy Sit! (pun intended)


People in France sure do love Yves Saint Laurent, so much so that the rich shelled out a whopping $484 million at a recent Christie's event where the late designers belongings were auctioned. The worst of it? Robert and Cheska Vallois paid a unimaginable $28.3 million for a 90-year-old armchair designed by Irish designer Eileen Gray. The chair, named "The Dragons," was estimated to sell for 3.8 million. What a sell! But what can you do with a nearly $30 MILLION chair? I bet the last thing they'll use it for is sitting.

And I thought we were in a global recession...