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September 28, 2008

Masters of the Universe know their nuts

Shed no tears for the Masters of the Universe, however, not that your correspondent actually thought you might. Most of the young Masters already have their own personal nut free and clear. "Nut" is the term for the amount of money you need salted away in weather-proof investments in order to generate enough interest to live comfortably in Greenwich on Round Hill Road, Pecksland Road or Field Point Road in a house built before the First World War in an enchanting European style, preferably made of stone featuring the odd turret, with a minimum of five acres around it and big enough to be called a manor. Every Master of the Universe knows the number.

-- Tom Wolfe.


NYT
Op-Ed Contributor
Greenwich Time
By TOM WOLFE
Published: September 28, 2008
With the recent collapse of large investment banks, the author of "The Bonfire of Vanities" answers the question, "Where does this leave the Masters of the Universe now?"