Bernie Madoff, Golf Cheat?

cityfile · 12/19/08 01:20PM

As if it wasn't bad enough that Bernie Madoff is accused of carrying out the biggest financial fraud in the history of the world, there's evidence that he may have cheated at golf, too. "They say you can tell a lot about a businessman from his golf game," explains Catherine Rampell on the Times' Economix blog. "Perhaps golf partners should have paid more attention to Bernard Madoff's handicap." What does Madoff's handicap tell us? Well, it seems his scores were "eerily consistent," even after he took a year off in between games. But there's more to chew on, conspiracy theorists: His handicap was a 12, which correlates to the 12 percent annual return that he promised many of his investors. On a related note, we've been informed he had precisely 12 candles on his birthday cake the year following his 11th birthday. Just so you know.

Spotted

cityfile · 12/19/08 01:01PM

Julia Stiles walking in the snow ... Cameron Diaz and Paul Sculfor shopping in SoHo ... Naomi Campbell walking to lunch in Midtown ... Natalie Portman filming scenes for her new movie downtown ... Katie Holmes and Suri visiting a pre-school ... Dustin Hoffman crossing the street ... Liam Neeson walking in Central Park ... Jessica Szohr carrying presents in Midtown ... Richard Chamberlain leaving the Trump International hotel ... Renee Zellweger leaving a building with a coffee cup in a hand ... and John Mayer and Jennifer Aniston going to dinner at La Esquina, around the same time Kelly Ripa and Mark Consuelos turned up, too.

Today's Layoff Rumors: Inc. Magazine, Porn

Hamilton Nolan · 12/19/08 12:13PM

Two notable entrants in the layoff rumor mill this morning. Mark these down on your crisp, lined "2008 Winter Layoffs" pad. Before we get to them, I will write this extra sentence so that the word count in the lead to this post is sufficient to make it just show up as a headline, because that's really what it deserves.

Sumner's Slump, The Music Industry's New Tact

cityfile · 12/19/08 12:09PM

• Tough times for Sumner Redstone: His debt issues haven't been resolved, he's feuding with his daughter, and he's a lot poorer, too. Once worth $8 billion, "today it is questionable as to whether he is worth even $1 billion." [NYT]
• It's about five years too late, but the music industry has finally decided to stop wasting its time suing people who download music illegally. [WSJ]
• A few predictions of what's in store for the movie biz in 2009. [THR]
• Fox Business is mocking CNBC again; this time it's via a TV ad. [HP]
• Further evidence that Malcolm Gladwell has reached his tipping point. [BG]
• Mark Felt, the man better known as Deep Throat, is dead at 95. [WaPo]

About Last Night

Richard Lawson · 12/19/08 12:01PM

Hey, thanks for coming. Have a seat. We need to talk about what happened last night. We're not mad, we're just concerned. OK, we're sort of mad. Mad enough to kill.

The Friday Party Report

cityfile · 12/19/08 11:35AM

Jane Rosenthal, Beth Ostrosky, and Julia Szabo hosted a canine-friendly screening of Marley & Me on Wednesday night as part of the Tribeca Cinemas Series. Accompanied by her bulldog, Bianca Romijn-Stamos, Ostrosky was joined by guests like Rosenthal's husband Craig Hatkoff and daughter Isabella (with their dog Buddy), Cece Cord (with her pooch Tiger), Kiera Chaplin (with Jezabelle), Douglas Hannant (with Ava), Abigail Breslin, Cindy Adams, Ellen Ward and Chuck Scarborough, Rachel Roy, Denis and Ann Leary, Hoda Kotb, Pat Duff, Jill and Allie Zarin, Richard Kind, Alison Becker, Jennifer Missoni, and Wendy Diamond. [PMc, Wireimage, VF]