VitaminWater Not Very Vitamin-y, Alleges Lawsuit
cityfile · 01/16/09 11:01AM
VitaminWater, the drinks with names like "defense," "energy," and "endurance" that Alicia Keys is currently getting $25 million to promote, is basically just sugar and water, according to a nutrition advocacy group bringing a class-action lawsuit against the brand's owner CocaCola. (The "inventor" of VitaminWater, J. Darius Bikoff, sold it to Coke in 2007 for $4 billion.) Consumers are being outrageously misled by the "nonsense" claim that VitaminWater is good for your health, says the Washington-based Center for Science in the Public Interest, pointing out that one bottle contains around 33 grams of sugar. "I had no idea," laments lead plaintiff James Koh, "that I was actually getting almost a Coke's worth of sugar and calories." Somewhere, recent spokesmodel Jennifer Aniston is dying of shock while speed dialing her personal trainer.
Esquire Implants Ad Under Obama's Skin
Hamilton Nolan · 01/16/09 10:49AMBoy George Is Headed to Prison
Richard Lawson · 01/16/09 10:38AMAirbus Orchestrating Convoluted Assassination-by-Bird Plot
Pareene · 01/16/09 10:31AMMadoff's Firm: Officially 'Tarnished'
cityfile · 01/16/09 10:20AM• Bernie Madoff's brokerage firm, which is now up for sale, probably won't fetch more than $10 million, according to a report drafted by Lazard. The investment bank goes on to point out that Bernard L. Madoff Investment Securities is now a "tarnished" brand. Really, you think? [Bloomberg]
• A report by the Financial Industry Regulatory Authority suggests that Madoff may not have made a single trade on behalf of his investors. [AP]
• Attorney General Andrew Cuomo has issued subpoenas to determine whether money manager Ezra Merkin may have defrauded investors by putting their money in Madoff's hands without their knowledge. [NYT]
• Meet Frank DiPascali Jr., Bernie's former right-hand who is now under investigation for his role in Madoff's scheme. [Bloomberg]
VitaminWater Lawsuit Threatens Corporate Pseudoscience Rights
Hamilton Nolan · 01/16/09 10:08AMJewelry Equality For All
cityfile · 01/16/09 09:53AM
To the pantheon of emasculating/liberating modern man accoutrements—guyliner, body waxing, Hermès man-purses—we can now add one more: wearing an overpriced diamond ring to broadcast that someone was willing to snap you up and put you on lockdown. As increasing numbers of women—not to mention the gays—decide to pop the question, a British jewelry chain has unveiled a male engagement ring, a very manly "titanium band embedded with a discreet diamond." Sadly, you can't yet get anything similar at Zales or even Tiffany, but perhaps this is a revolution that David Yurman, given his commitment to humanitarianism, might like to pioneer?
Washington's Top Reporters Soil Themselves in Glee at Obama Visit
Hamilton Nolan · 01/16/09 09:42AMGay Heroine Katy Perry Found in the Nude?
Richard Lawson · 01/16/09 09:33AMWhich Young Star Could Lose His Career Because of a Strange Tongue Ailment?
Richard Lawson · 01/16/09 09:15AMFlood the Scene
cityfile · 01/16/09 09:14AMSimon Doonan to Michelle Obama: Keep It Simple
cityfile · 01/16/09 08:45AM
When even Simon Doonan, Barneys creative director and all-round style oracle, says that everyone needs to stop obsessing about Michelle Obama's fashion choices, we should probably pay attention. As he confides to NPR, he's "increasingly uncomfortable with this hysteria about what's she's going to wear and how she looks... you know, you want her to be known for something else: education, mental health, I don't know what else, but she has to be known for something other than looking great in a shift dress." Not that Doonan's own sartorial advice can—nor ever should!—be withheld: For the new First Lady, who has "that great physicality," he counsels simplicity. "When you start adding couture ruffles and fooffles and bows, you could get into trouble." We're sure Michelle is adding "no fooffles" to her pledges immediately.
The Peterson Boys Buy a UES Townhouse
cityfile · 01/16/09 08:28AM
• Art collector Roy Judelson, the son of Gulf & Western co-founder David Judelson, and his wife Mary have sold their six-bedroom townhouse at 113 East 78th Street for $12.46 million, three months after paying $10.5 million for a smaller apartment a few blocks away. The 5,500-square-foot, five-floor residence, which originally went on the market for $17.5 million back in June, was purchased by a family trust controlled by Jim and Michael Peterson, sons of billionaire Blackstone co-founder Pete Peterson. The floorplan is after the jump. [Cityfile]
• The 5,000-square-foot Greenwich home that appeared in the 2006 movie The Good Shepherd is on the market for $11.995 million. It was originally listed for $13.25 million in September. [WSJ, Sotheby's]
Seafood Lobby Mocks Jeremy Piven
Ryan Tate · 01/16/09 08:20AMCatsimatidis May Be a Contender, After All
cityfile · 01/16/09 08:17AM
Just when we were thinking there was no possible way John Catsimatidis would consider running for mayor, he pulls a fast one and suggests yet again that he really is seriously thinking about giving it a shot. According to campaign finance documents, the supermarket kingpin gave his campaign a $1 million loan last week. Now he just needs to set aside another $80 million or so, and he'll be good to go! [City Room, previously]
Cindy McCain Denied Shot On Dancing With the Stars
Ryan Tate · 01/16/09 07:57AMBoA Lands $20 Billion in Aid, Citi's Big Loss
cityfile · 01/16/09 07:38AM• Bank of America landed $20 billion in additional aid to help it absorb Merrill Lynch. It also posted a loss of $1.79 billion for the fourth quarter. [NYT, WSJ]
• Citigroup reported an $8.29 billion quarterly loss. The beleaguered bank also said it plans to reorganize the company into two business units. [WSJ, NYT]
• UBS is selling parts of its commodities business to Barclays. [FT]
• AIG is paying a total of $619 million to retain employees. [NYP]
• Morgan Stanley and Citi are pulling clients' money from a fund run by Union Bancaire Privée, after it was exposed to Bernie Madoff. [DB]
• Citi is hiring! And you thought it was only laying people off these days. [NYP]
Hudson Crash Story: Best Headline?
Ryan Tate · 01/16/09 07:30AMHappy Birthday
cityfile · 01/16/09 07:23AM
Kate Moss turns 35 today. Page Six's Richard Johnson is turning 55. Gourmet editor Ruth Reichl is celebrating her 61st. Republican fundraiser (and cosmetics company founder) Georgette Mosbacher is 62. Strokes guitarist Nick Valensi is turning 28. Dr. Laura Schlessinger is 62. And the singer Sade is 50. Weekend birthdays appear after the jump!









