Hyper Local News Pages

Thursday, May 29, 2008

05/29/08 Times are definitely tough when Greenwich is starting to feelhe sting


Wall Street Woes Hit Greenwich, CT
by The Huffington Post News Team

Sylwester Lemanski was this close to selling a $400,000 Lamborghini to a Wall Street investment banker.

The customer had been eyeing the car for months at the dealership Lemanski manages. He had decided on the model and color -- a titanium Murcielago -- and needed only to sign on the bottom line.

Then, as financial markets teetered in March and layoffs mounted on Wall Street, the customer started getting cold feet. Lemanski could feel the deal slipping away.

"After a little bit you just have to ask someone the question: 'Are we, or are we not?' " Lemanski recalled. "He said, 'Sorry, not.' He said what's going on with all the investment banks was stopping him from making the purchase....

Business on HuffingtonPost.com - http://www.huffingtonpost.com/feeds/verticals/business/index.xml

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