The Coming Collapse of the Middle Class

Distinguished law scholar Elizabeth Warren teaches contract law, bankruptcy, and commercial law at Harvard Law School. She is an outspoken critic of America’s credit economy, which she has linked to the continuing rise in bankruptcy among the middle-class. Series: “UC Berkeley Graduate Council Lectures” [6/2007] [Public Affairs] [Business] [Show ID: 12620]

www.victorinoxblog.com Patek Philippe’s story In 1839, Antoine Norbert de Patek and François Czapek founded Patek, Czapek & C° in Geneva. At the 1844 Universal Exhibition in Paris, Antoine Norbert de Patek met Jean Adrien Philippe, inventor in 1842 of a pocket watch with stem winding and hand-setting, and offered him the post of technical director as soon as Czapek’s contract ran out. In 1845, Patek Czapek & C° was dissolved, and Antoine Norbert de Patek, Jean Adrien Philippe and Vincent Gostowski founded, in Geneva, Patek & C°. In 1851, the three men changed the company’s name to Patek Philippe & C°. 1868 Creation of a key-wound watch with brass bracelet. 1887 The Calatrava Cross became the company’s registered logo. 1902 The Gondolo Chronometer name was registered. 1914-1930 Creation of grande complication and très grande complication watches, certain of which, with astronomical complications, were sold to James Ward Packard. These included the first two most complicated pieces by Patek Philippe: one, made in 1916, with 16 complications and another, made in 1927, with 10 complications. 1915 Creation of the first ladies’ wristwatch with five-minute repeater. 1925 Creation of the first ladies’ wristwatch with perpetual calendar (inspired by a pendant watch). 1933 Henry Graves Jr. purchased what was then the most complicated watch ever made by Patek Philippe. It was sold again in 1999 for million. 1936 Creation of an astronomical wristwatch with perpetual calendar and …
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