Randall Terry's Free Beer, Wings, and Hate Party Not Well-Attended
Pareene · 06/12/09 09:28AMMagazine Covers Now Smarter Than Magazine Ethics
Hamilton Nolan · 06/12/09 09:14AMEast Hampton Tests Out New Tax Scheme
cityfile · 06/12/09 09:04AM
East Hampton may be home to some of the richest people around, but the town itself is on the verge of bankruptcy. It's now facing an $18 million deficit by the end of the year, partly because most of the officials responsible for managing the town's finances over the past few years have turned out to be crooks. (In what is becoming a tradition of sorts, another local official was arrested this week—he served as budget officer until recently—and was charged with seven felonies.)
Dude Who Looks Like Kim Jong Il Incredibly Not Kim Jong Il's Son
Hamilton Nolan · 06/12/09 08:34AMLittlest Jonas Reluctantly Gets Into Position
Richard Lawson · 06/12/09 08:31AMWall Street: Friday Edition
cityfile · 06/12/09 08:30AM• BlackRock has reached a deal to buy Barclays Global Investors for $13.5 billion, making BlackRock the world's largest money management firm. [WSJ]
• Lawmakers grilled Bank of America chief Ken Lewis in Capitol Hill yesterday, although he defended his decision to go ahead with the acquisition of Merrill Lynch and placed blame on Ben Bernanke and Hank Paulson. [NYT, WSJ]
• John Paulson's hedge fund, which made $3+ billion betting the housing market would collapse, is now scooping up lots of distressed debt. [BN]
• Goldman was an investment bank before becoming a commercial bank. Now that it's free from the bailout, it may go back to being an I-bank. [Reuters]
• US households lost $1.33 trillion of wealth in the first 3 months of '09. [DB]
• Foreclosures fell during May, not that things have improved much. [CNN]
Which Young Heartthrob Has Kicked His Cheating Live-In Boyfriend to the Curb?
Richard Lawson · 06/12/09 08:18AMLloyd's (Old) Lair: Goldman Chief Lists at 941 Park
cityfile · 06/12/09 07:32AM
Friday morning special: Goldman Sachs chairman and CEO Lloyd Blankfein and his wife Laura have finally put their old apartment at 941 Park Avenue on the market. The couple paid $27 million for an apartment at 15 Central Park West in 2007, and settled into their new digs last year. But the couple's old apartment on Park just hit the market today. The five-bedroom duplex, which is listed with Sotheby's Royce Pinkwater for $15 million, comes with grand foyer, 30-foot living room with wood burning fireplace, paneled library, formal dining room, master bedroom suite with office and two baths, two maid's rooms, and bath and laundry area. Unfortunately, pictures of the co-op aren't online yet. But you can have a look at the floorplan below. [Cityfile]
Chris Brown and Rihanna Back Together Again
The Cajun Boy · 06/12/09 07:08AMRich People Still Buying Expensive Things
cityfile · 06/12/09 07:07AM
Today, the New York Times reminds us that some members of the filthy rich continue to be filthy rich, recession notwithstanding. They're just hiding their spending places where regular people can't see it: in their homes. Designer Clive Christian's extremely high-end wares—think over-the-top chandeliers and the sort of Liberace-inspired designs that would appeal to someone like Celine Dion—are selling better than ever.
Happy Birthday
cityfile · 06/12/09 06:30AM
Blow a kiss in Adriana Lima's direction. The supermodel turns 28 today. Others celebrating: Yankees star Hideki Matsui is turning 35. Deputy mayor Kevin Sheekey is turning 43. David Rockefeller is 94. Sports Marv Albert is turning 68. Real estate broker Michele Kleier is 66. Hunter College president Jennifer Raab turns 53. Kendra Wilkinson is turning 24. And George H. W. Bush celebrates his 85th birthday today. Weekend birthdays—including those of the Olsen twins and Donald Trump—after the jump.
Simon & Schuster Sticks It to Amazon, Partners With Scribd
The Cajun Boy · 06/12/09 06:06AMParis Moves On, Madonna Gets Her Wish
cityfile · 06/12/09 05:53AM
• Paris Hilton reportedly broke up with boyfriend Doug Reinhardt after she saw him partying with a "Texas beauty queen" named Kendhal Beal. The heiress responded by throwing a fit (and some fruit and ice in Beal's direction). But don't you worry about Paris. She's got her dependable sister by her side. And she's already moved on to someone new, namely soccer star Cristiano Ronaldo. [P6, People]
• Madonna will be performing her Kabbalah rituals today with an extra bit of enthusiasm: Malawi's highest court has overturned its previous ruling and has granted her adoption of Mercy James. Justice to the people! [DM]
• Dr. Drew Pinsky of Celebrity Rehab is offering Lindsay Lohan six figures to appear on his VH1 reality show. But only because he cares deeply about her well-being, not because he's interested in ratings or anything. [NYP]













