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Meredith Whitney Eyes Goldman After Stock Drop
Analysts aren't so hot on the formerly golden bank this week. Plus, the latest on Andrew Cuomo, George Clooney, Diane Von Furstenberg, and more, in our daily industry report.
Posted 08/12/08 in Daily Intel : Company Town
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Christiane Amanpour Is Kinkier Than We Thought
Did Blair kick Kati off 'Gossip Girl'? Does Gwyneth really eat? Is Diane Von Furstenberg really a dominatrix? (Christiane Amanpour says so!) The answers to these questions lie in today's roundup of gossip.
Posted 04/09/08 in Daily Intel : Gossipmonger
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Alan Greenspan: ‘Not My Fault’
FINANCE • Alan Greenspan says don't blame him for the credit crisis. He may not have understood the dangers until recently, but the former Fed chief claims there's nothing he could have done. [NYP] • Who needs Wall Street 2 when Gordon Gekko is already back in the guise of Steve Schwarzman? The Blackstone founder just bought a big stake in a firm called BlueStar, the same name as the central company in the original Wall Street. [DealBook/NYT] • Big surprise: Funds that invest in Vice typically do far better than those that insist on Virtue. [NYT]
Posted 09/14/07 in Daily Intel : Company Town
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CFDA Welcomes New Members, Prepares for the Tents
As New York's fashion designers count the days till Fashion Week, which starts this year on September 5, two days after Labor Day, battles for models and tent times are heating up. But at the Council of Fashion Designers of America's party for new members at Diane von Furstenberg's studio last night, no one would name — and only a few would acknowledge — the most diva-ish designers, who politick to cast and schedule most fiercely. "There are model problems sometimes," acknowledged Stan Herman, a board member and former president. "There are time-slot problems sometimes. There are moments that designers go, 'I can't show next to that person' or 'I won't show next to that person.' But not very many."
Posted 07/31/07 in Daily Intel : Show and Talk
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Bad Days at ABC, NBC
MEDIA • Eric Wishnie, an NBC News producer who was fired in 2006 for substance-abuse problems, fell to his death from his West Village rooftop. [NYDN] • Good Morning America's Robin Roberts announced that she has breast cancer. [ABC News] • Condé Nast is expanding in India and expected to launch editions of Glamour, GQ, Condé Nast Traveler, Vanity Fair, and Wired. Vogue will launch in September. [FT]
Posted 07/31/07 in Daily Intel : Company Town
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At the CFDAs With DVF and Her Friends
No one was expecting a tie in the top category at the CFDA awards last night. Oscar de la Renta was on his way to accept his Womenswear Designer of the Year award when emcee Ellen Barkin realized he wasn't the sole winner. "Oh, wait," she said. "There's more writing here. It says Proenza Schouler. It's a tie! We have a tie." De la Renta couldn't disguise a little disappointment, but he gracefully kissed the young upstarts and gave his speech. "I have never had so much fun working so hard in all these years," he said. The Proenza boys, Jack McCollough and Lazaro Hernandez, stood behind him looking stunned. As they started to speak, Hernandez's pocket began to ring. "Oh, my God, that's my mom," he said, laughing. He checked his phone. "It fully is."
Posted 06/05/07 in Daily Intel : Party Lines
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At DVF Opening, It's Everybody in the Pool!
Diane Von Furstenberg's literally shiny new flagship store in the meatpacking district may have mirrored ceilings and a staircase lined with Swarovski crystals, but it was a hard-to-spot pool, decorative and flush with the floor, along the back wall of the lobby, that garnered the most attention at last night's opening party. By night's end, that little body of water had claimed ten very embarrassed victims, including this reporter, and one very drenched laptop.
Posted 05/31/07 in Daily Intel : Party Lines
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Former Goldman Sachs Head Scoffs at Street Salaries
FINANCE • John Whitehead, the former chief of Goldman Sachs, blasted the firm for leading Wall Street's "outrageous increase" in salaries. [Bloomberg] • John Edwards earned a paltry $480,000 while studying poverty at Fortress. [DealBook/NYT] • Should the SEC investigate claims of stock manipulation at Apple? The company shares were down 3 percent yesterday after the tech blog Endgadget published a false tip reporting product delays for the iPhone and a new Mac operating system. [DealBreaker]
Posted 05/17/07 in Daily Intel : Company Town
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Law-School Rankings Leaked
LAW • The U.S. News 2008 law-school rankings were somehow leaked. Yale's still No. 1, but Harvard and Stanford swapped this year to be two and three, respectively. [Law School Discussion via Legal Blog Watch] • If you're looking for a good M&A lawyer, wait till they all come back from the Corporate Law Institute at Tulane. [DealBook/NYT via WSJ] • Seyfarth Shaw finally ups associate pay to match other New York firms. As one partner said back in February, "We don't follow all the other firms over the cliff like lemmings. We wait, think about it, discuss, and then jump off the cliff." [Above the Law and Above the Law]
Posted 03/29/07 in Daily Intel : Company Town
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The Exquisite Vagueness of a Conversation With DVF
What: "Diane von Furstenberg celebrates International Woman's Day"
Where: Bergdorf Goodman
When: Last night The Fashion Week tents will have to leave Bryant Park. You're CFDA president — where should they move? Oh, I have a dream about that, so I'm not gonna say. Any hints? No. It'll be a nice spot. Is it in … Brooklyn? No.Posted 03/09/07 in Daily Intel : Party Lines
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