It's All Harvard's Fault

cityfile · 03/23/09 01:01PM

If you're outraged about the current state of the economy and you need an outlet for your anger, you may want to catch a bus to Boston instead of taking one to visit the homes of AIG executives. Just a few of the names in the press these days who happen to be graduates of Harvard Business School: Former Merrill Lynch chiefs Stan O'Neal and John Thain, former treasury secretaries Bob Rubin and Hank Paulson, General Motors CEO Rick Wagoner, and Bernie Madoff enabler Ezra Merkin. [Clusterstock]

David Paterson: Now Less Popular Than Ever

cityfile · 03/23/09 12:27PM

It really didn't look like David Paterson's approval ratings could get any worse when they hit an all-time low a few weeks back. But as usual Paterson has somehow managed to outdo himself. According to a new poll by the Siena Research Institute, his ratings have dropped another 10 percent in the past month alone, with only 14 percent of voters now saying they would be willing to vote for him in 2010 and only 29 percent giving him a "favorable" rating. Music to Andrew Cuomo's ears, no doubt. [Bloomberg, previously]

Plum's Cunning Wiles

cityfile · 03/23/09 12:17PM

Given the utmost respect in which we hold writerly paragon of humility Plum Sykes, we would never characterize her as a creature capable of striking mortal fear into the heart of any man with the misfortune to behold her in the flesh. But as she herself volunteered at a Diane von Furstenberg cocktail party, being intimidating is a quality she's proud of: "If I want to use my femininity to get something from a man, I'll wear very high heels. Not to arouse him sexually. But I'm so tall—I'm 6ft 2in in heels—that it works a treat." Finally, the mystery of how she sells her writing: solved! [Times UK]

Pop Culture Pillows

cityfile · 03/23/09 12:12PM

Yes, you can now purchase pillow cases with the names of various "iconic" couples printed on them. They'll run you $112.50, but if you're worried buying the "Lindsay and Sam" set for a friend will suggest you think they're in a really dysfunctional relationship, you may want to consider the "Barack and Michelle" cases instead. [Paper]

Chris Matthews Re-Ups, Condé Cutbacks

cityfile · 03/23/09 11:30AM

• You can rest easier now: Now that he's no longer planning to run for Senate, Chris Matthews has signed a new four-year contract with MSNBC. [NYT]
• Howard Dean has signed on to be a CNBC contributor. [HP]
• Major media companies are now looking for a bailout. From Google. [AdAge]
• Jay Leno's chat with Obama was his fourth most-watched show ever. [LAT]
• Some perks may be curtailed at Condé Nast. Like the one that allowed Portfolio editor Joanne Lipman to fly to Davos first-class, possibly. [NYP]
• Advance Publications is instituting mandatory 10-day furloughs and a pension freeze at nearly all of its daily papers, says Steve Newhouse. [E&P]
• Time publisher Don Fries is headed out the door. [NYP]
• NBC is very good at spinning the Times, in case you haven't noticed. [CJR]
• Knowing starring Nic Cage was No. 1 at the box office this weekend. [NYDN]

'Laundering Clothing' Takes on New Meaning

cityfile · 03/23/09 10:26AM

Instead of wearing brand new outfits and saying to their husbands, "This old thing? You've seen it a million times," some women are doing the opposite: Savvy wives in need of some financial independence are charging expensive clothes to their husbands and then secretly selling them so they can pocket the cash, a time-honored strategy that was supposedly even utilized by Jackie O when she was married to Aristotle. Joan Lacey, a personal shopper to Wall Street wives, says: "I have one client who specifically buys Hermès Kelly or Birkin bags and the best furs [on her husband's store credit card] and then immediately takes the items—complete with tags—to Encore, where she sells them under her niece's account. And she's not the only one." Isn't it heartwarming to see that marriage remains a sacred institution founded on trust and eternal commitment, even during these scary times?