At the beginning of the recession, New York grand dames, fearful that their lavish spending habits might prove shameful in these difficult economic times, began scurrying out of Tiffany’s with baubles hidden in brown paper bags. One story holds that around Christmas last year, Kathy Fuld, wife of Lehman Brothers Dick Fuld, asked sales clerks [...]

By: Laura Nastase1 President Barack Obama’s April 2009 trip to Europe has been exhaustively chronicled from political, fashion, and protocol perspectives. But commentators have skipped almost entirely over the fact that President Obama may have breached both copyright law and the iTunes licensing agreements by giving Queen Elizabeth II an iPod. True, these are not [...]