bernie-madoff

Banker Sells on East 80th; Big Buy at One York

cityfile · 09/03/09 07:35AM

• Tom Flexner, a former vice chairman of Bear Stearns who joined Citigroup in April of 2008 to oversee its global real estate investment banking business, has closed on the sale of his four-story townhouse at 136 East 80th Street. The three-bedroom home, which Flexner first listed for $12 million last July with broker Kirk Henckels, and which went into contract to sell in May, sold to one Regan Fitzpatrick for $8.3 million. [Cityfile]
• Real estate investor Michael Hirtenstein has paid $16.8 million for five units on three floors of the Enrique Norten-designed One York, which he's planning to combine and use as a place to host "philanthropic events." [NYP]

Madoff Overload

cityfile · 09/03/09 07:22AM

When you heard that someone had written a book with intimate details about Bernie Madoff's anatomy, you probably thought to yourself, I better get to the bookstore the first day it comes out or I'll miss my chance! Oh, you didn't? You weren't the only one. Only about 2,000 copies of Sheryl Weinstein's tell-all have sold since it was published a couple of weeks ago. And the three other Madoff-related books haven't fared well either. [AP]

Mark Madoff Has Had Better Days

cityfile · 09/02/09 10:57AM

A CBS News camera crew caught up with Mark Madoff on the streets of Soho yesterday! Bernie's son refused to answer questions, which is hardly surprisingly. But his appearance spoke volumes.

Sheryl Weinstein's Husband Is a Bit Conflicted

cityfile · 09/02/09 08:36AM

The world's most unfortunate husband, Ron Weinstein, has a few thoughts on the book his wife Sheryl decided to write about having an affair with Bernie Madoff. Yes, he says, he tried to talk his wife out of writing it. And yes, detailing Bernie's penile dimensions "was trashy." But "affairs are commonplace," he says, and really "shouldn't be such a big deal," although in this case he concedes it's a bit complicated since the man she happened to have an affair with is also "the biggest crook in the world" and stole all of Weinstein's money.

Bernie Madoff's Montauk Home Goes Up For Sale

cityfile · 09/01/09 10:09AM

Bernie Madoff's Montauk home goes up for sale this week. A spectacularly lavish retreat it is not. According to the AP, it's "cottage-size by superrich standards" and full of "faded furnishings," an impression echoed by the Times, which describes it as "less grandiose than one might expect given the scope of Mr. Madoff's $60 billion scheme."

Jamie's Happy Accident

cityfile · 08/26/09 09:47AM

Jamie Dimon, the CEO of JPMorgan Chase, may be the "accidental media mogul," in the words of Keith Kelly. But it's also fair to say he's done a good job establishing himself as the "accidental beneficiary of fraud," too. According to a finance professor who's been poring over documents in the Bernie Madoff case, JPMorgan Chase racked up $483 million in profits between 1992 and 2008 thanks to the fact Madoff was a loyal JPMorgan Chase customer for all those years, and he used his various accounts with the firm to store billions of dollars. Sadly, Madoff's unwavering loyalty to the bank has yet to result in Dimon renaming the Chase branch at Madison and 64th Street in Madoff's honor. But if you stop by and you feel the ghost of Bernie in the air, let us know. [FT Alphaville]

A Gift For Bernie

cityfile · 08/25/09 01:15PM

Bernie Madoff's former mistress, Sheryl Weinstein, tells the AP that she plans to mail a copy of her disturbingly graphic new book to Madoff in prison. How thoughtful! "If the prison bubble has so far shielded him from realizing that the whole world is mocking his penis, that will end soon." [NYM/Daily Intel]

Sheryl Weinstein Can't Stop Oversharing

cityfile · 08/25/09 08:43AM

Just when you were hoping that you'd be spared any more detail about Bernie Madoff's anatomy, comes, yes, more uncomfortable info about the fraudster's bedroom behavior courtesy of his former mistress, Sheryl Weinstein. Yesterday, we heard that Madoff's penis "would fit easily inside the opening of a single-serving honey jar that sits on a hotel room service breakfast tray." Today, Weinstein appeared on Good Morning America to tell Chris Cuomo that Madoff was a good kisser. ("Just what I wanted to know about him," responds Cuomo.) She also explains why she felt the need to write the humiliating memoir. She says she did it to "make things up" to her family. A simple "I'm sorry" greeting card wouldn't do? [Dealbreaker]

Bernie: Officially Cancer-Free

cityfile · 08/24/09 11:27AM

Bernie Madoff may not be dying of cancer, after all. The Federal Bureau of Prisons just released a statement on the subject, and it's denying the report in today's Post that the fraudster's days are numbered:

Bernie Madoff: Dying of Cancer?

cityfile · 08/24/09 07:28AM

Bernie Madoff is not doing well. Not just because he's behind bars, where he'll remain for the rest of his life. But because he's suffering from pancreatic cancer and "doesn't have long to live," say several of his fellow inmates who spoke with the Post: