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(The New York Times)   The 1% are hoping their wine isn't part of the 5%   (nytimes.com) divider line 194
    More: Interesting, legal brief, Hurricane Sandy, wines  
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16669 clicks; posted to Main » on 23 Jul 2013 at 4:36 PM (38 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



194 Comments   (+0 »)
   
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2013-07-23 04:29:06 PM
where's my tiny violin?
 
2013-07-23 04:31:33 PM
This story really put a smile on my face.  It's hard to feel bad for someone who can afford a $5.2 million wine collection, and I love seeing the 1% getting jerked around by the system.

I may feel bad for my schadenfreude once I stop giggling like a school girl.
 
2013-07-23 04:38:33 PM
t.qkme.me
 
2013-07-23 04:40:36 PM

Lucky LaRue: This story really put a smile on my face.  It's hard to feel bad for someone who can afford a $5.2 million wine collection, and I love seeing the 1% getting jerked around by the system.

I may feel bad for my schadenfreude once I stop giggling like a school girl.


Yeah I would think if I had that kind of collection I would have a place at my home to store it.
 
2013-07-23 04:41:25 PM
5.2 million in wine?  Yeah I hope you die in a fire tonight d-bag.
 
2013-07-23 04:43:39 PM
They'll make out in the end.

"I believe we valued that vase at 50.000 for insurance reasons, see Mortimer, William is already making us money"
 
2013-07-23 04:44:12 PM

NicktheSmoker: 5.2 million in wine?  Yeah I hope you die in a fire tonight d-bag.


Flambé
 
2013-07-23 04:45:44 PM

Lucky LaRue: This story really put a smile on my face.  It's hard to feel bad for someone who can afford a $5.2 million wine collection, and I love seeing the 1% getting jerked around by the system.

I may feel bad for my schadenfreude once I stop giggling like a school girl.


Man and here I was feeling bad because the pensioners in Detroit are going to get their retirements gutted but now that I hear about real suffering everything has been put into perspective.
 
2013-07-23 04:46:19 PM
i feel bad for the wine, and for the wine only.
 
2013-07-23 04:47:13 PM
$5.2M?
Must've been some of that fancy ass stuff that comes in glass bottles.
 
2013-07-23 04:47:21 PM
What is the point of expensive wine if you're not going to drink it?
 
2013-07-23 04:47:24 PM
Just farking wow.....
 
2013-07-23 04:47:58 PM
Of course the storage company is no doubt a corporation.  I'm sort of hoping they have a meaningless insurance policy for everybody to fight over.
 
2013-07-23 04:48:15 PM
*Sniff* Wahhh...
 
2013-07-23 04:49:12 PM
"But there was one problem: the cellar was just 100 yards from the Hudson River"

img51.imageshack.us
 
2013-07-23 04:49:14 PM

KrispyKritter: i feel bad for the wine, and for the wine only.

 
2013-07-23 04:49:20 PM
Apparently I'm the first one to have any empathy for the wine owners.
However I have none for the owner of WineCare.

FTA:  Even the federal judge hearing the case scolded lawyers for the wine owners for their level of urgency. "There were thousands of victims of Hurricane Sandy," he said, "most of which suffered a great deal more than your clients have."

I don't know how long this has been playing out but the storm was 9 farkin' months ago.  The the tragic & unfortunate deaths of the victims has no baring on the issue at this point.
 
2013-07-23 04:50:12 PM

tehbeermang: What is the point of expensive wine if you're not going to drink it?


so you can gloat about how rich, great and powerful you are that you have that much grape juice sitting in a basement.
 
2013-07-23 04:52:20 PM

groppet: Lucky LaRue: This story really put a smile on my face.  It's hard to feel bad for someone who can afford a $5.2 million wine collection, and I love seeing the 1% getting jerked around by the system.

I may feel bad for my schadenfreude once I stop giggling like a school girl.

Yeah I would think if I had that kind of collection I would have a place at my home to store it.


Do you know how big my place would have to be to store my 1.2 million bottles of Night Train?
 
2013-07-23 04:52:47 PM
The collectors lost on both counts; the wine is headed for New Jersey.

amusing
 
2013-07-23 04:53:39 PM

FlashHarry: where's my tiny violin?


It wasn't in a instrument storage facility in Nashville back in spring 2010 was it?

Because that was a sad event
 
2013-07-23 04:53:40 PM

tehbeermang: What is the point of expensive wine if you're not going to drink it?


Impress fellow douche bags.

/I have a wine collection valued in the 10s of dollars.
 
2013-07-23 04:54:52 PM
I hear a lot of whining.

About wine, Sorry I couldn't resist.
 
2013-07-23 04:55:10 PM
Shoulda went with this.


www.examiner.com

encrypted-tbn2.gstatic.com
 
2013-07-23 04:55:24 PM
Diminishing returns. A $10 bottle is definitely better than a $5 bottle. A $20 bottle is certainly better than the $10. A $40 bottle is pretty good compared to the $20. An $80 bottle may be somewhat better than the $40.
By the time you're up to the $1000 stuff, it's mostly self-delusion because of the price.
 
2013-07-23 04:56:17 PM
two
buck
chuck
 
2013-07-23 04:57:32 PM

Lemmy Kilmister: tehbeermang: What is the point of expensive wine if you're not going to drink it?

so you can gloat about how rich, great and powerful you are that you have that much grape juice sitting in a basement.


Red wine needs to age, ideally under precise temperature and humidity conditions. It's a lot more reassuring to have a professional take care of that if you have a large or valuable collection.

I have about 20 or so bottles worth over $80 or $100. Not a collection by any means, but I do worry about their safety, particularly as I have a clumsy toddler and a clumsy husband and a thirsty me around the house. We have the bottles squirreled away in dark cabinets.
 
2013-07-23 04:57:41 PM
I am in the wrong business.

I would have had better facilities... generators (have to have a backup) and a supply of propane to keep them running for 6 months and a storage facility that is flood proof and secure. The wine would have been safe and sound.

This seems like a GREAT business for the survivalist on a budget, because they could combine the two - keep their zombie-proof shelter in the same facility.

Anybody have an idea of how much they were raking in? It sounds like they only did enough to make it look good, didn't take into account different disaster potentials, like a power problem, and lost refrigeration on the facility, probably ruining everything (I highly doubt it's only 5%). Yes, spend a million on a cedar-lined cellar, A/C and humidity control, but completely ignore throwing in a $10,000 generator and propane tank. Dumb, dumb, dumb.

As for the Farkers commenting on how the high-brow crowd spends their money, who cares? They aren't passing it out, so  let them spend it. I'm more concerned with getting some of the money back into the economy through my hands.
 
2013-07-23 04:59:23 PM

Theaetetus: Diminishing returns. A $10 bottle is definitely better than a $5 bottle. A $20 bottle is certainly better than the $10. A $40 bottle is pretty good compared to the $20. An $80 bottle may be somewhat better than the $40.
By the time you're up to the $1000 stuff, it's mostly self-delusion because of the price.


This. $1,000 wine costs that much because it's rare; not because it's necessarily very good. Wine collectors are beanie baby collectors with larger livers.
 
2013-07-23 04:59:31 PM
We won't know if it is corked until we taste it.

I think I may have just found my calling.
 
2013-07-23 04:59:41 PM

YoOjo: $5.2M?
Must've been some of that fancy ass stuff that comes in glass bottles.


to be fair, he could have been fully aware of what his palate could distinguish, but still wanted to store 52,000 bottles of wine.
 
2013-07-23 05:00:01 PM
Makes my  1996 Moet et ChandonDom Perignon seem petty now.
 
2013-07-23 05:00:23 PM
I'm sorry about not being able to drink all that wine....does that count for something?
 
2013-07-23 05:01:13 PM

tehbeermang: What is the point of expensive wine if you're not going to drink it?


The same point as buying toys and keeping them in the boxes?  Pointless!!
 
2013-07-23 05:03:33 PM
I feel sorry for the wine.  I mean, being sent to New Jersey?
 
2013-07-23 05:03:49 PM

KrispyKritter: i feel bad for the wine, and for the wine only.


This.
 
2013-07-23 05:03:58 PM
sounds like sour grapes
 
2013-07-23 05:04:18 PM
Betcha money that the owners of the place have been selling wine on the side and getting away with it like Madoff did because the people storing the wine never want the whole collection, so as long as they don't deplete any particular product no one would ever know.

Unless of course some disaster caused more than one or two customers to pull their wine collections.  Then the whole scam would fall apart.

/I dub it fractional reserve wine storage.
 
2013-07-23 05:04:23 PM

GoodOmens: tehbeermang: What is the point of expensive wine if you're not going to drink it?

The same point as buying toys and keeping them in the boxes?  Pointless!!


Or buying vintage cars and not driving them.

Fine wines are an investment.  This guy is suing because there's a possibility he lost his ass.
 
2013-07-23 05:05:53 PM
This got ruined!??!!1one!!1

www.aldi.us

nooooooooooooooo.com
 
2013-07-23 05:06:18 PM
"The collectors lost on both counts; the wine is headed for New Jersey. "

I have a feeling that most of that wine "went to New Jersey" a long time ago.
 
2013-07-23 05:07:04 PM
Good Lord.

How did so many of you unwashed proletariat make it in to a fine wine thread? Appalling.

/replaces monocle
 
2013-07-23 05:07:54 PM
If you can afford that much wine you can afford a proper wine cellar in your own home.  I would recommend also using it as a firearms vault and panic room as well.
 
2013-07-23 05:09:14 PM

Mr. Eugenides: Betcha money that the owners of the place have been selling wine on the side and getting away with it like Madoff did because the people storing the wine never want the whole collection, so as long as they don't deplete any particular product no one would ever know.

Unless of course some disaster caused more than one or two customers to pull their wine collections.  Then the whole scam would fall apart.

/I dub it fractional reserve wine storage.


Yeah this guy's business practices are so pathetic, makes you wonder if he's pulling an outright scam.
 
2013-07-23 05:09:44 PM
funnycatwallpapers.com

Too bad the owners weren't in the cellar too.
 
2013-07-23 05:09:50 PM

Lucky LaRue: This story really put a smile on my face.  It's hard to feel bad for someone who can afford a $5.2 million wine collection, and I love seeing the 1% getting jerked around by the system.

I may feel bad for my schadenfreude once I stop giggling like a school girl.


I'm having a glass of the '62 right now, it's sublime.
 
2013-07-23 05:09:55 PM

Smeggy Smurf: If you can afford that much wine you can afford a proper wine cellar in your own home.  I would recommend also using it as a firearms vault and panic room as well.


I use my guest bedroom as a ghetto wine cellar.

i58.photobucket.com
 
2013-07-23 05:11:30 PM
shiat. I guess I should check on my cheddar in the Hoboken Cheese Cellar.
 
2013-07-23 05:11:32 PM

Satanic_Hamster: Smeggy Smurf: If you can afford that much wine you can afford a proper wine cellar in your own home.  I would recommend also using it as a firearms vault and panic room as well.

I use my guest bedroom as a ghetto wine cellar.

[i58.photobucket.com image 850x637]


With a bottle of Jack in there? For shame.
 
2013-07-23 05:12:12 PM

Lemmy Kilmister: tehbeermang: What is the point of expensive wine if you're not going to drink it?

so you can gloat about how rich, great and powerful you are that you have that much grape juice sitting in a basement.


*Mouldy* grape juice.
 
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