Keeping It “Low Key”: New S550 In Lieu of a Phantom?

By Gunnar Heinrich | IMG RR NA and MBUSA

APPEARANCES, it would appear, still matter.

And in such times when the public’s hatred toward banks takes on visceral tones, those loved ones at home who benefit from such banking largesse (read: bonuses) are keen on moderating their former flamboyance.

Take, for example this tasty tidbit from McClatchy that hit the web today:

With many formerly high-flying residents still out of work, there are signs that the financial crisis has chastened Greenwich, but they’re subtle.

“Modesty is in, for the first time in a while,” said Ron Arbusman, who runs Viggi, one of about a dozen jewelry shops along the avenue.

One of Arbusman’s clients buys his wife a Rolls-Royce every few years, and she was angling for a new one. “But he did not want to be flashy,” Arbusman said. The woman settled for a Mercedes S550 sedan, which starts at $91,600

“Settling” never sounded so good.

[Source: McClatchy via NY Mag]