Showing posts with label Arno River. Show all posts
Showing posts with label Arno River. Show all posts

Wednesday, June 11, 2014

Finding Wall Street Funny - Part 6

Palatial Inheritance & The Shallow End of the Gene Pool

Failed CEO Laudomia Pucci.
Laudomia Pucci lives in a 15th Century, 150-acre estate in the Tuscan countryside. From the pose she strikes in the photo on page 85 of the Wall Street Journal Magazine that we simply can not stop making fun of, it is difficult to tell whether she feels embarrassed and awkward or stupidly entitled. She inherited the estate and the family’s fashion business in 1989 at the ripe age of 29 and, as stated in the article Fortress of Fashion (a title which will become clearly ironic in a minute), “took over both the business and creative sides.” As the next (and, one writer predicts, last) in a long line of fashion conquistadors, she found her unearned responsibility "a challenge.”

Presumably because working for Daddy all those few short cushy years wasn’t.

Her razor-sharp mind becomes immediately evident as we are told, shortly before we start barfing in repulsion at the photos of what this numbskull was born into, that Laudomia “knew” when she took over for her deceased father that her ticket to ridiculous wealth – the family’s “fashion legacy” as it were – was in trouble. And Ms. Laudomia, whose name sounds suspiciously like the Italian word for Laundromat, waited 20 years to do anything about it.