Rich People Have Taken Up Stealth Shopping

The ultra-rich are opting for unmarked, unbranded bags to disguise spending on luxury goods.

The Daily Beast reports on the latest shopping trend among those wealthy few who haven't been seriously affected by the economic downturn:

"...Anyone who can still afford, say, the three cashmere throws at $2,225 each that Mrs. Fuld bought when she stopped by the store that day isn't likely to advertise it. Instead, the city's most extravagant shoppers are ferrying their purchases home in unmarked bags; delegating delivery to assistants; or manipulating credit card bills to disguise their spending from outsiders--and their spouses..."

Read the rest.