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Wednesday, August 10, 2011

Info Post


From the NY Post:
Tech entrepreneur John Vaccaro bought up much of Madoff's wardrobe at auction and had the clothing cut up and refashioned into $500 app-arel.



The first five iPad cases, made from a navy blue Christian Dior sweater and a Bergdorf Goodman cardigan, "sold almost instantly, just by word of mouth," Vaccaro told The Post.



"A Wall Street lawyer wanted to give them as Christmas presents," he said.



Vaccaro's company, Frederick James, had already been making iPad covers out of cashmere, but when he heard about the Madoff auction last fall, the idea clicked.
Frederick James



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