Forbes Article: Romance Killer

[pricescope]

"The diamond trade thrives on secrecy, tenfold markups and the mystique of the world's most precious gem. Mark Vadon sees a commodity waiting to happen. What that means for everyone else: Profits aren't forever."

Full article

Don't miss the second page: http://www.forbes.com/home/free_forbes/2004/1129/097_2.html

 

[yanekie25]

Great article. Thanks,

 

[valeria101]

Quote: "The Web site itself was worth little; the key was the firm's ten wholesalers." no wonder letters are being sent to stop this (reffering to a recent_post of yours, Leonid).

If there is a limit to quality disclosure and transparency about loose diamonds, then it is being pushed - we know that. Best wishes forth, of course