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Rudy Giuliani

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Crikey! Are We Getting Madonna Back?

Madonna and Guy Richie may or may not be breaking up because Madonna "lost respect" for Richie when she found out he embellished his working-class roots. The upside: She may be moving to NYC! Matt Lauer has foolishly agreed to be roasted by the Friar's Club. Donatella Versace is appearing at Barneys today to tout her menswear line. Foxy Hillary Clinton aide Huma Abedin and Representative Anthony Weiner totally acted like a couple during David Paterson's swearing-in ceremony in Albany yesterday. Mary-Louise Parker is bad at giving directions to people in the West Village, even though she lives there. Cindy Adams thinks both Andrew Cuomo and Michael Bloomberg will make runs for governor.

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Rudy Takes a Breather

LAW • Now that he's dropped out of the White House race, Rudy Giuliani plans to decompress before he starts lawyering at Bracewell & Giuliani. [Texas Lawyer] • Oh, snap! Skadden is so not pleased about the hottest-female-associate contest that took place on the Skadden Insider blog. [Law.com] • Perhaps Covington & Burling should have consulted its client Major League Baseball before agreeing to represent pitcher Roger Clemens. [American Lawyer]

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Finance Types Split Over Hillary and Romney

FINANCE • Wall Street hopes Hillary has a super Super Tuesday, but private equity is standing by one of its own. Fourth-quarter campaign-financing reports show Senator Clinton taking in the lion’s share of donations from the Street’s top ten financial firms. Meanwhile, Bain Capital co-founder Mitt Romney is still tops among the PE crowd. [NYT/Dealbook] • So, what’s it gonna be, boy? Stuck between Microsoft’s rock and Google’s hard place, Yahoo! CEO Jerry Yang has limited options for saving his company at his disposal. [NYP] • If you believe the latest hype, Citadel is paving the way for an IPO after all. Ken Griffin’s asset-management firm has split its proprietary hedge-fund business from its client-based options-making business. “Legally, it makes it cleaner,” said Josh Galper in an interview. [Bloomberg]

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Semel Out at Yahoo, Microsoft In?

FINANCECourtenay Semel's dad, Terry, is out at Yahoo. And Microsoft's $44.6 billion bid for the company might just be déjà vu. [NYT, Deal Journal/WSJ] • Recession-has-already-started watch: The economy lost 17,000 jobs in January, the first time since the lovely tech-crash days of 2003 that total payrolls have shrunk. [Reuters via NYT] • One of the few lucky bankers with a bonus burning a hole in your pocket? Try London restaurant Vivat Bacchus' new "Bonus Tasting Menu" for a mere £1,000. [DealBook/NYT]

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City Rallies Behind Rudy for First Time Since 9/11

Giuliani
When Rudy Giuliani lost Florida the other day, Iowa Senator Chuck Grassley [R] suggested that his personality was responsible. "It seemed like the more people got acquainted with him, the less they liked him," he said. This was not a groundbreaking statement — in fact, the Times used pretty much the exact same words the following day. But Grassley used two more words, words that would prove to be his undoing: It was not just Giuliani's personality that was off-putting, he said, but his "New York personality." Immediately, the Daily News was up in arms about the "hick senator": "I've seen Grassley before," the News quoted Curtis Sliwa as saying. "He wears polyester, waffle-weave, flame-retardant pants that look like they survived the high waters." Jimmy Breslin called Grassley a "moron" and a "low-IQ loudmouth," and Michael Musto told the News: "This just cements the idea that New York City should secede from the union." In the comments, readers got in on the action. "I wouldn't worry about Grassley's comments," wrote one. "After all, Iowa stands for 'idiots out walking around.'" Some were more forgiving: "Rather than dis Senator Grassley, I sentence him to life in Iowa." Right? How dare he suggest that New Yorkers are as arrogant and unlikable and provincial as Giuliani when obviously we're really fucking loving warm people? Maybe if he didn't live in stupid Hicksville, Iowa, he would know that. Daily News Readers Blast Iowa Senator, Hick Iowa senator says N.Y. attitude cost Rudy Giuliani; Apple strikes back [NYDN]

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Breaking: John Edwards to Drop Out of Race

Brooke Astor

Today's a big day for third-place candidates, it seems. After news spread last night that Giuliani will drop out of the Republican primary race as early as today, news hit this morning that John Edwards is planning the same thing. According to the Associated Press, the former Democratic senator will make the announcement today at 1 p.m. in New Orleans. No endorsement is yet planned. Edwards to Quit Presidential Race [AP]

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The Beast Is Slain: Heilemann on Giuliani’s Precipitous Collapse

This past Sunday afternoon, Rudy Giuliani, his presidential bid squarely on the line, his political future hanging by a thread, rolled up in his campaign bus outside Paisano’s Gourmet Pizza in Port Saint Lucie, Florida. Hizzoner had been quoted in that morning’s USA Today saying, “The rumors of my demise are premature” — a statement that called its veracity into question by its very utterance. Now, Giuliani stood before a crowd that might have just barely broken into triple digits (if you were rounding up) and delivered what had become of his stump speech. He talked about fighting Islamic terrorism, cutting taxes, and keeping Hillary Clinton from taking control of health care. Across a stream behind the restaurant, a bunch of Ron Paul supporters began chanting, “Rudy is a cross-dresser!” Giuliani was unfazed. “We have to have goals, bold goals, big goals,” he proclaimed. He mentioned that a woman up front had named her cat after him. “It’s better-looking than me,” Rudy said. “That’s one good-looking cat.” Then Giuliani brought his talk to a merciful conclusion — eight minutes and nine seconds after it commenced.

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