Activists Converge on John Mack's House

cityfile · 02/09/09 10:49AM

You can bet John Mack didn't have a very peaceful weekend. The Morgan Stanley chief was one of two banking execs subjected to a protest yesterday when members of the non-profit Neighborhood Assistance Corporation of America turned up in bright yellow t-shirts bearing signs that read "Fix Our Loans, Save Our Homes" and "Shame on You, CEO." (The protesters gathered outside Mack's home in Rye, left; the other target was Greenwich Financial Services CEO William Frey.) No word on Mack's reaction to the event, although we're going to go ahead and assume the protestors weren't invited inside for tea and cookies. [Greenwich Time]

Rich Losers Giving Houses to Wives: Retroactive Trend

Hamilton Nolan · 02/09/09 10:46AM

Another day, another reason for the simmering rage of the proletariat to explode in revolutionary anger against the rich! Even more rich, rich Wall Street bastards have pulled shady real estate stunts. The rage; it burns!

How Mort Zuckerman Helped Out a Friend in Need

cityfile · 02/09/09 10:26AM

Last October, Maureen White, the former finance chair for the Democratic National Committee and wife of Steve Rattner, was arrested for drunk driving. According to the police report, White was pulled over in her Mercedes at the Throgs Neck Bridge and failed a field sobriety test, registering a blood-alcohol level that was twice the legal limit. (She subsequently pleaded guilty to the charges, paid a fine, and had her driver's license suspended for 90 days.) That the Democratic fundraiser and wife of one of the city's most prominent financiers had been arrested was certainly news, and the Daily News covered the arrest a day later in an article titled "Democratic Money Queen in Booze Bust." But the paper pulled the article down soon after—it was originally located here—and now we know why. A source inside the News tells us the order came from "the very top," namely Daily News publisher Mort Zuckerman.

Newsweek (Hopes) To Become The Economist

Hamilton Nolan · 02/09/09 10:07AM

Newsweek, which traditionally (dentist's office joke), has for the first time ever correctly identified an overarching trend in American society and formulated a reasonable response, unaccompanied by any special "The Historical Jesus" stories!

The Misshapes: Still Here, Still Scintillating

cityfile · 02/09/09 09:34AM

Since you first saw photos of the Misshapes, that scowling chick with the black hair and those two vaguely interchangeable gay guys who also sometimes had black hair, you've had so many burning questions about them swirling round your head, right? No? Oh well, the people at Page Six magazine, for reasons best known to themselves, have interviewed the DJing/party promoting group during the final 15 seconds of their relevance anyway. And it's a decision for which future cultural historians will doubtless be grateful, judging by the startling revelations that pour forth.

Kravitz Pulls Pad Off the Market

cityfile · 02/09/09 09:00AM

• Lenny Kravitz has been trying to sell his penthouse at 30 Crosby Street for the past few years; most recently, he slashed the price of the loft from $18.75 million to $14.995 million. Is he now planning to give up entirely? Over the weekend, the listing for Kravitz's 6,000-square-foot pad (which used to be located here) was pulled down from the Corcoran website, although whether the rocker plans to try again with a new broker is anybody's guess. [Cityfile]
• Richard Gere and wife Carey Lowell aren't just trying to unload their apartment at Palazzo Chupi. They're looking to sell their farmhouse in Water Mill, too. The 1.2 acre estate, which includes a guesthouse, art studio, and pool, is currently listed at $8.8 million. [NYM]

Fairfield Greenwich Group: The Fire Sale Begins

cityfile · 02/09/09 08:11AM

Looks like times are getting tough for Walter Noel and Jeffrey Tucker, the founders of Fairfield Greenwich Group, the hedge fund that allegedly lost $7.5 billion to Bernie Madoff's Ponzi scheme. The Post reports that the pair has put its share in a private jet up for sale, the Tuckers are now selling off their horse farm in upstate New York, and poor Melanie Tucker has had to cut back on bridge habit. No word yet on when Marisa Noel Brown and her husband plan to put their townhouse up for sale. [NYP]

Happy Birthday

cityfile · 02/09/09 07:40AM

Mia Farrow turns 64 today. Mena Suvari is turning 30. Amber Valletta is 35. Author Alice Walker is 65. Nobel Prize-winning author J.M. Coetzee is turning 69. Nobel Prize-winning economist Joseph E. Stiglitz is turning 66. Physicist/author Brian Greene is 46. Real estate exec Frederick Peters is 57. Virginia Senator Jim Webb is 63. Actress Judith Light is 60. Chinese actress (and Vivi Nevo's girlfriend) Ziyi Zhang is turning 30. And Joe Pesci is celebrating his 66th birthday today.

Drama at the Grammys

cityfile · 02/09/09 07:21AM

• There was no shortage of drama at the Grammys last night. Chris Brown and Rihanna were both no-shows after Brown was arrested for allegedly assaulting the R&B singer. Usher failed to appear, too, flying down to Brazil to be with his wife, who suffered complications from a plastic surgery operation. One person who did make it to the show was M.I.A., who performed on stage with Jay-Z, Lil Wayne, T.I., and Kanye West despite being nine months pregnant. [NYP, People, EW]
• Courtenay Semel says she's been cut off by her dad, former Yahoo CEO Terry Semel, and is now trying to land a reality show to pay the bills. [NYP]
• Salman Rushdie's new girlfriend is Pia Glenn, who's 29 years his junior. [R&M]
• Peaches Geldof and rocker Max Drummey are said to be divorcing after just six months of marriage. [The Sun]

Washington's New Bailout, UBS Stays in the Game

cityfile · 02/09/09 06:39AM

• Details about the Obama administration's plan to revise the bailout are still sketchy, but more will be revealed by Tim Geithner tomorrow. [WSJ, BN, DB]
• UBS is slashing bonuses by 80 percent, but the bank says it does not have plans to get out of investment banking altogether. [BN]
• Barclays announced that quarterly profits exceeded analysts' estimates. [BN]
• More trouble for Bill Ackman's Pershing Square Capital. [DB, NYP]
• Goldman chief Lloyd Blankfein addresses what went wrong on Wall Street in a op-ed piece for the Financial Times. [FT, FT]
• Sunday's New York Times, meanwhile, provides an account of what went wrong between Merrill's John Thain and BofA's Ken Lewis. [NYT]

Anna Wintour's Grammy Poppet

Ryan Tate · 02/09/09 04:04AM

We'd love to believe Vogue's editor personally styled singer Adele for the Grammys out of the goodness of her heart (humor us). But Anna Wintour is nothing if not strategic.