Caviar vending machines have been installed in three upscale malls in LA. In addition to $500/oz caviar, they also dispense blinis, mother of pearl spoons, and other caviar essentials. The vending machines (they're billed as "ATMs for caviar") can be found at Westfield Century City, Westfield Topanga, and the Burbank Towne Center. Apparently, these are old news in Russia, where they are favorites of oligarchs and their entourages.
Finally! Caviar by ATM
(via Super Punch)
In a new working paper from the Center for Economic Policy Research, scholars look at the trading records of shareholders, directors and top executives of major financial institutions in the runup to the crash of 2007, and find that the sell-offs by the top five executives at a bank strongly correlated with that bank’s losses […]
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