Jacob Lew, Obama’s New Chief-of-Staff, Will Not Please Occupy Wall Street
Maybe you've heard: President Obama's chief-of-staff, Bill Daley, has stepped down. Taking Mr. Daley's place will be Jacob Lew. This will not please some people. Read More
Citigroup Inc.
Judge Rakoff Gives the S.E.C. a Stern Talking To in Citigroup Smackdown
Yesterday, U.S. District Judge Jed Rakoff blocked a settlement between the S.E.C. and Citigroup, criticizing the S.E.C. for settling a case without proving the factual nature of its allegations and allowing the bank to pay a fine and admit no wrongdoing. His published opinion, which might provide some satisfactory morning reading to some of those New Yorkers enjoying "passive recreation" in Zuccotti Park, is scathing. Read More
Sold! ‘Money Honey,’ Hubby Buy $6.5 M. East Side Townhouse
Despite her salacious scandal earlier this year, CNBC’s top anchor, Maria (the “Money Honey”) Bartiromo, and husband Jonathan Steinberg are settling into domestic bliss: They’ve closed on a five-level townhouse on East 62nd Street, paying $6.5 million. The five-bedroom house, east of Third Avenue, has a second-floor balcony overlooking the 39-foot-long backyard garden, plus a Read More
Elsewhere: Bloomberg, Giuliani, Bruno
Terry McAuliffe explains what 'in it to win it' has meant for fund-raising. There's more campaign cash going around this cycle than previous ones probably because of rising economic inequality, not the Internet, says Ben. Mitt Romney raised more money that Rudy Giuliani Gail Robinson thinks "one clear loser" in the Read More
Credit-Card Pirates Ripe for Regulation
Claire McCaskill recently got a chance to do something that millions of us have wanted to do. She got a chance to tell the executives of the major credit-card companies what she thought of them. Ms. McCaskill is the junior Senator from Missouri, one of the good things that happened in the last election. As Read More
A Deal That Smells to High Heaven
The guy to complete the last big deal ordinarily gets to shout “King o’ the Mountain!” and, for a month or so afterward, there is much oohing and aahing on the business pages. That didn’t quite happen after Kohlberg Kravis Roberts and Texas Pacific announced their purchase of TXU, the large Texas electric-utility company. At Read More
Umbrella Deal Means Changes for Office Buildings
The cute red umbrella in the Citigroup logo is no more, says Crain's. The bank cut a deal to sell the branding rights to St. Paul Travelers. Citigroup will need to draft up a new logo now. File this under slightly irrelevant, but what's this mean for real estate? Well, when they create the Read More
Obama Courts a Rubin
Barack Obama is chasing another well-known New York fundraiser: James Rubin. (No, not that James Rubin -- this one.) On Wednesday night at a steakhouse in Washington, Obama met with Rubin and a number of supporters including Michael Froman of Citigroup, Brian Mathis of Provident Group, Orin Kramer of Boston Provident Partners LP Read More
Bank Branches Disappearing? What Corner Do You Live On?
And the last empty Lexington Avenue storefront in the Bloomberg Tower goes to—wait for it—Citibank. The company’s forthcoming 56th Manhattan branch, located between 58th and 59th streets, will fill a 5,000-square-foot void along this Upper East Side commercial block, which is so desperately underserved by the cavernous Wachovia branch next-door. And the Bank of America Read More
The Morning Read: Wednesday, January 10, 2007
The chief financial officer for Citigroup and the president of Rensselaer both turned down Eliot Spitzer's offer to go for the state comptroller position. Post editors don't want a sitting Assemblyman for comptroller. The Daily News opines that whomever makes it through the screening panel "will have weathered a screening process, eliminating Read More
Countdown to Bliss
Robert Lyons and Kelly Moylan Met: June 2005 Engaged: March 8, 2006 Projected Wedding Date: Dec. 2, 2006 Robert Lyons, 35, a film and video producer with his own production company, Quixotic Industries, plans to marry Kelly Moylan, 37, a psychotherapist who also acts and sings, at Gedney Farm in New Marlborough, Mass. The reception Read More
Countdown to Bliss
Robert Lyons and Kelly Moylan Met: June 2005 Engaged: March 8, 2006 Projected Wedding Date: Dec. 2, 2006 Robert Lyons, 35, a film and video producer with his own production company, Quixotic Industries, plans to marry Kelly Moylan, 37, a psychotherapist who also acts and sings, at Gedney Farm in New Marlborough, Mass. The reception Read More
Countdown to Bliss
Robert Lyons and Kelly Moylan Met: June 2005 Engaged: March 8, 2006 Projected Wedding Date: Dec. 2, 2006 Robert Lyons, 35, a film and video producer with his own production company, Quixotic Industries, plans to marry Kelly Moylan, 37, a psychotherapist who also acts and sings, at Gedney Farm in New Marlborough, Mass. The reception Read More
The Round-Up: Tuesday
- Buyers examine falling home prices, mortgage rates.
- [BusinessWeek]
- Realtors report nationwide single-family price drop.
- [CNN/Money]
- Temporary Times Square restroom impresses.
- [NY Times]
- Mayor announces Hunts Point development plan.
- [NY Times]
- Neighbors sue suicidal East Side townhouse owner.
- [NY Times]
- Montauk Lighthouse debate continues.
- [NY Times]
- Equity Office defies skeptics Read More
Stringer Sings the Billboard Blues
Refreshing Yesterday morning, Manhattan Borough Prez Scott Stringer stood in front of a petite crowd of protestors -- eight folks from the Municipal Art Society, plus many more cameramen and reporters. Why were they there? "Black mail advertisement!" Mr. Stringer said. "Excuse me. Black market advertisement!" He gestured to the Citibank billboard Read More
