Kyra & Kevin: Lessons Learned

cityfile · 06/10/09 01:44PM

Kyra Sedgwick and her husband Kevin Bacon lost some money to Bernie Madoff's Ponzi scheme, as you probably heard, but they weren't completely wiped out. "The fact of the matter is that we did not lose everything," Sedgwick says in an interview with the AP. "I think the interesting thing about it was that I always thought, 'We're so boring. We should be in the tabloids more. C'mon honey, let's have a scandal.' ... And I think when you say 'no comment,' that's, of course, where they're going to go, because it's fun, and it grabs headlines and people will be more interested." Not sure "fun" is the right word, but it certainly was a sexier angle to the story than focusing on another elderly Jewish couple in Boca. [AP]

Girlfight at Citigroup!

cityfile · 06/10/09 01:00PM

Citigroup could be focusing its attention on salvaging what remains of the broken bank, or restoring what remains of its reputation. Or it could just keep filing lawsuits against people over silly little things and charge it back to taxpayers. Not content, apparently, with flexing its muscle in the mobile billboard market and illustrious pawn shop industry, Citigroup's team of $900-an hour attorneys is now focusing its firepower on a website called Womenco.com, which bills itself as a networking site for "career-minded women," and is owned by Monster.com. Citi, you see, operates a female-centric money management business called Women & Co. and the bank is now concerned that the public will confuse its "women" with their "women." So Citi slapped the company with a lawsuit on Monday, arguing that WomenCo.com violated its trademark and is threatening its status as "one of the largest and most renowned banking and financial institutions in the United States and throughout the world." (Citigroup's words, not ours, obviously.) The full suit is below, if you'd like to have a look. You might as well. You paid for it.

Late-Night Ratings, Ari Emanuel & The Crisis at Condé

cityfile · 06/10/09 12:04PM

• It's only been a week since Conan took over the top-rated Tonight Show, but David Letterman has already passed over him in the ratings. [NYT]
• Also: Dave Letterman's new contract will keep him at CBS through '12. [LAT]
• Yesterday the Boston Globe's largest union rejected the New York Times Co.'s proposed package of cuts. The NYT responded by implementing a 23 percent pay cut anyway and now the union is taking the matter to court. [NYT]
• Ratings are down for CNN's Lou Dobbs. And thank God for that. [NYO]
• It's official: Ari Emanuel is the new Mike Ovitz! Both the New York Times and The Daily Beast invoke Ovitz's name in lengthy pieces on "the pre-eminent power player in Hollywood" and "Hollywood's new don." [NYT, TDB]
• Sound the alarms! Swine flu has returned to Condé Nast! [Daily Intel]

David Letterman's Time Has Finally Come

Hamilton Nolan · 06/10/09 11:57AM

David Letterman, who has been quietly doing his second-place late night joker show over on CBS like forever, is all of a sudden beating the Tonight Show in the ratings. Calling Sarah Palin a slut really pays off!

Tracy Anderson: Good With Muscles, Bad With Money

cityfile · 06/10/09 11:24AM

Credit where credit is due: Tracy Anderson, exercise guru and personal trainer to Gwyneth and Madonna, knows how to fake it till you make it. Indianapolis Monthly has a very detailed story about Anderson's rather sketchy habit of failing to pay her rent, business partners and sewage bills, even while she, herself, was staying at $1,500-a-night hotels. Long before she was famous or successful, Anderson misrepresented herself as a former Pink Power Ranger (really) and "hired a celebrity photographer for promotional photos, drove a luxury SUV through a neighborhood where her husband was thousands of dollars behind on homeowners-association dues, signed leases for businesses but didn't pay the rent, and lived in a meticulously maintained Noblesville subdivision but didn't pay the sewer bill."

Starbucks Now Officially a Ripoff

cityfile · 06/10/09 11:02AM

Did you happen to stop off at Starbucks on May 22 or May 23? If you did, you may be a few bucks richer today. The coffee chain reports it accidentally double-charged as many as a million customers during the two-day timeframe. It now says it plans to reimburse anyone who was affected, although it's probably only a matter of time before a Frappuccino actually costs you $11, so consider it a preview, if you'd like. [MSNBC]

Vanity Fair Ads Don't Come With Tables at Monkey Bar

cityfile · 06/10/09 10:05AM

Vanity Fair was kind enough to put together an "all-access" guide to summer in New York City, a document the magazine handed out to its advertisers recently as a token of Graydon Carter's affection. The PDF, which you can download here, is full of advice on places to eat and drink, summer concerts to attend, and even songs to download to your iPod before hitting the beach. But don't let the words "all-access" fool you. While Carter's Monkey Bar makes the list (naturally!), advertisers who just dropped a six-figure sum buying glossy ads in the mag should not automatically assume they're entitled to a reservation at Carter's celeb hangout. That's clearly not the case, as editor Jessica Latham makes clear. [VF All-Access Guide, PDF download]