from political watchers to watchmakers, patek philippe is opening up a course to watchmakers. ond training program outside the company's headquarters in geneva. our guest is the president of patek usa. why did you choose new york and what do people get out of the program? thet: like the rest of industry, we are looking for trained watchmakers. watchesrying to create for 150 or 175 years and we need people to repair them. we realized there were not enough trained people in the field and we thought we would cut to the chase and try to teach them ourselves. when they get done with the two-year program, they will make an immediate impact and be able to work directly for patek philippe if they score well. scarlet: put this into context for us. servicing a luxury watches a big deal. it is in demand. guest: some of these watches can take months to service. if you have to send it to an artisan in geneva -- i've heard horror stories of people being without their watch for 14 or 18 months. if you spend $100,000 on your watch, you don't want to be without it for two years. to have the ser