A Moment in Bank History: In Veritate, Vino!
Gene Ret: Check the Cellar
During the assessment, I heard multiple references in conversation referring to “the cellar”. It was said in a way that placed significant value to whatever treasures it held. I finally asked if I could visit “the cellar” and was surprised to find a fully stocked wine cellar with vintage bottles. We estimated that over 1,000 bottles existed, with many valued at more than $2,000 each.At a celebration to mark closing of the purchases, some of these bottles managed to be served. You never know what you're going to get when you buy a company, so check the cellar.
A New Series
Do you have a story about something you did at Chase (or Chemical, Manufacturers Hanover or the other heritage banks) that helped change the way business was -- and is -- done? Do you want that bit of bank history preserved? Contact Andrea Axelrod at email@example.com.
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