liliane-bettencourt

Happy Birthday

cityfile · 10/21/09 06:57AM

Kim Kardashian officially turns 29 today, even though she got paid $50,000 to celebrate the big event in Las Vegas last week. Judith Sheindlin, better known as Judge Judy, turns 67. Saturday Night Live co-producer Marci Klein is turning 43. Actress Carrie Fisher is 53. Patti Davis, daughter of Ronald and Nancy Reagan, turns 57. Jade Jagger, social scenester and daughter of Mick and Bianca, is turning 38. Former Xerox CEO Anne Mulcahy is 57. Liliane Bettencourt, heir to the L'Oreal fortune and the second richest person in France, is 87. And Israeli prime minister Benjamin Netanyahu turns 60 today.

Unemployment Up, Madoff's Victim List Grows

cityfile · 12/24/08 06:23AM

• The number of workers filing new claims for jobless benefits jumped by 30,000 to a 26-year peak last week. [Reuters]
• AmEx and CIT will get $5.72 billion in bailout money. [Reuters]
• Doubts about Bernie Madoff now appear to date back several decades. [WSJ]
• Liliane Bettencourt, the world's wealthiest woman, is believed to have invested in Bernie Madoff via Thierry Magon de La Villehuchet, the money manager who committed suicide at his office yesterday. [Bloomberg, NYT]
Steve Feinberg's Cerberus, which has suffered several losing months, is now limiting investor redemptions. [Bloomberg]
• Execs at Old Lane, the hedge fund operated by Vikram Pandit before it was acquired by Citigroup, may be leaving the bank to start a new company. [WSJ]
• Hedge funder Larry Robbins is cutting compensation and staff. [NYP]