Winebusiness.com - Homepage for the Wine Industry

March 10, 2010

California's woes, obesity, Buffett, subway reading - sipped and spit

Hard to tell which phrase would strike more fear in the heart of Napa: finances that are "very weak" or "on life support." Even foreclosure has been the fate of 10 vineyards in the valley that once was called "Eden." But probably the scariest phrase is this: "High-rollers are discovering that there are lots of drinkable $20 to $40 bottles of wine."