WEDNESDAY, APRIL 5, 2006
New York Observer
Over 20 Conde Nast employees -- including
David Remnick,
Anna Wintour and
Graydon Carter -- have either been loaned money directly by the company or had the media firm secure mortgages in order to purchase properties, reports
Michael Calderone. "With Conde Nast acting as the secured party, buyers can potentially get far better rates than going through the process as an individual," he notes.
Posted at 8:31:27 AM
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