48 Hours: Super Bold Sunday
Super Bowl Sunday has always offered an excuse to party. And while swilling beer might play in Peoria, its more likely to be Abreu in Atherton.
But Silicon Valley is on edge...there is a super bold bandit on the loose. And he does not want jewelry, cash or bearer bonds. This connoisseur is after the good stuff...first-growth bordeaux and cult cabs.
It begs the question...how do you spirit bulky cases of wine away? Many white collar criminals have toys at their disposal...perhaps this burgular had an idling Bentley or a fully fueled G5 ready to go:
February 2, 2007
Daniel Sogg
A theft from the cellar in a private home of 440 bottles of rare and expensive wines, including a magnum of 1959 Château Pétrus, has shaken wine collectors in the exclusive Silicon Valley enclave of Atherton, south of San Francisco.
The theft was discovered on Jan. 4. According to local police, the thief or thieves cleared the cellar of all but a few bottles of lesser value, possibly while the residents were on vacation. Only wine was taken. A search of Wine Spectator auction records indicates that the stolen wines may be worth about $120,000 in today’s market.
The Pétrus was the oldest and potentially most valuable wine on the list, with a current value of about $7,000. Other large-format bottles taken in the heist included 1982 Haut-Brion, 1959 Beychevelle and 2002 Peter Michael Les Pavots. Most of the collection was classified growth Bordeaux--more than 100 bottles of 1982s were reported stolen, including Mouton, Latour, Ducru-Beaucaillou, Haut-Brion and Pichon-Lalande. High-end California Pinot Noirs and Chardonnays, primarily from Peter Michael winery and Kistler, were also taken, as well as an assortment of California Cabernets.
Wine Spectator has learned that the burglarized home belongs to a prominent Silicon Valley entrepreneur, who asked not to be identified because he is concerned about the security of his home and family. “Certain bottles have a lot of memories for me. Some of them were birthday gifts. I’d just like to get the wines back,” he said. Read more at the Wine Spectator
We have an alternative for 94027 .. you won’t have to sell Cisco (CSCO-NASDAQ) to drink Cisco
Just pace yourself...or you might pass out by halftime
FOR RELEASE: MARCH 12, 1991
CANANDAIGUA WINE CO. AGREES TO ADVERTISING, PACKAGING CHANGES
FOR CISCO FORTIFIED WINE
TO SETTLE FTC CHARGES
The maker of Cisco, a flavored wine product that contains as
much alcohol as five one-ounce servings of vodka, has agreed to
settle charges with the Federal Trade Commission that the packag-
ing, marketing and advertising of Cisco represent the product as
a wine cooler or other low-alcohol, single-serving drink, and
that this has led to cases of alcohol poisoning where victims
required hospital emergency care.
Federal Trade Commission
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The content contained in this blog represents the opinions of 1440 Wall Street. This commentary in no way constitutes a solicitation of business or investment advice. It is intended solely for the entertainment of the reader, and the author. Underthecounter has no positions in any securities mentioned
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