Brokers give a thumbs-up to Monaco Yacht Show
29-Sep-09
The 19th Monaco Yacht Show opened almost exactly 53 weeks after Lehman Brothers filed for bankruptcy on September 15th 2008, precipitating a global financial crisis and plunging the superyacht brokerage market into a steep decline. Offers made at last year’s show evaporated into thin air and, finally, the bubble in prices of second-hand yachts burst.
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