Happy Birthday

cityfile · 01/27/10 06:46AM

Two on-air personalities at MSNBC are celebrating birthdays today: Keith Olbermann is turning 51; and Ed Schultz, the host of The Ed Show, is 56. Supreme Court Chief Justice John Roberts turns 55 today. Fashion designer Narciso Rodriguez is celebrating his 49th birthday. Model Lily Donaldson is 22. Alan Cumming is turning 45. Hedge funder Dan Och is 49. Bridget Fonda is turning 46. Retired ballet great Mikhail Baryshnikov is 62. Oscar-nominated actor James Cromwell is turning 70. Comedian Patton Oswalt turns 41. And actress Mimi Rogers, who may be best known for being the first wife of Tom Cruise, is 54 today.

Hedge Fund Mogul Transfers Assets at 15 CPW

cityfile · 12/24/09 08:54AM

• Billionaire hedge fund manager Dan Och has sold his penthouse condo 15 Central Park West. Sort of. The apartment, which had been owned by a trust in his wife's name until now, was sold yesterday to DAAJJ, LLC, a company that happens to be controlled by Och. A bit of year-end tax planning? A separation of assets? The jury's out on this one. [Cityfile]
• The former co-op of Edythe Acquavella—the late wife of Upper East Side gallery founder Nicholas Acquavella and mother of Bill Acquavella—has sold. The three-bedroom apartment at 31 East 79th Street, which first went on the market for $3.75 million last year, sold for $2.9 million. [Cityfile]

Make Room for the CEO and Billionaire, Please

cityfile · 12/01/09 08:32AM

Most people who show up at the Macy's Thanksgiving Day parade have to press up against thousands of other people to catch a glimpse of the spectacle; some have been known to turn up before sunrise to snag a choice spot. But some lucky folks got really lucky this year. Who, you ask? People like Goldman Sachs CEO Lloyd Blankfein and hedge fund mogul Dan Loeb, that's who.

Pay Caps, Canceled Trips, Defections

cityfile · 02/04/09 06:58AM

• More details about President Obama's plans to limit Wall Street pay are emerging. So is plenty of criticism. "I don't think the president should paint everyone with the same brush," says JPMorgan's Jamie Dimon. [BN, WSJ, BN]
• Wells Fargo has scrapped plans to host a employee conference in Las Vegas after the bank was pummeled with criticism. [WSJ]
• A dozen top bankers from Merrill-BofA have defected to Deutsche Bank. [TD]
• Lazard's fourth-quarter profits dropped by 50 percent. [DB]
Daniel Och is doubling down on his hedge fund, Och-Ziff. [WSJ]
• Both Citigroup and the Mets say they're standing by their stadium plan. [NYP]
• Bloomberg LP is laying off staff. [Clusterstock]
• The House will hear testimony about Bernie Madoff today from Harry Markopolos, the investigator who tried to blow the whistle on him. [NYT]

Know Your Hedge Fund Wives

cityfile · 02/03/09 07:52AM

Some of these women are still riding high. Some may soon be packing up their homes in East Hampton and taking a final spin on the Gulfstream jet. Their identities after the jump.

Happy Birthday

cityfile · 01/27/09 07:13AM

Keith Olbermann turns 50 today. Designer Narciso Rodriguez is celebrating his 48th. Actor Alan Cumming is turning 44. Mikhail Baryshnikov is 61. Hedge fund mogul Dan Och turns 48. Model Lily Donaldson is turning 21. Tom Cruise's first wife, actress Mimi Rogers, turns 53. Actor James Cromwell turns 69. Tricky is 41. The rapper Lil Jon is 38. Bridget Fonda is 45. And Supreme Court Chief Justice John Roberts, who so spectacularly mangled Barack Obama's oath of office a week ago, turns 54 today.

Auto Bailout Imminent, GMAC in Trouble

cityfile · 12/10/08 06:26AM

♦ Congressional Democrats and the Bush administration are in the final stages of negotiating an auto bailout package. A vote in the House is expected as soon as Wednesday afternoon. [NYT]
♦ Bad news for GMAC: The auto and consumer lender failed to secure additional financial and will not be able to transition to a bank holding company. [CNNMoney]
♦ Yahoo! is expected to hand out 1,500 pink slips today. [CNN]

Street Talk

cityfile · 08/06/08 04:57AM
  • Dan Och's Och-Ziff reported a net loss during the second quarter; the stock has been cut in half since its IPO last year. [Reuters, NYP]

The 59th and 5th Power Grid

cityfile · 07/14/08 12:08PM

Ever wonder why the CEO at your company has a $10,000 telescope parked in the corner of his office? It's not to admire the birds. Or even to peek at the woman in the neighboring office building who changes her blouse at precisely half past five. It's to look in the offices of other CEOs, obviously.