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Alexander Wang

  1. gossipmonger
    James Franco’s Rep Won’t Let Him Talk About His SexualityAnd other happy gossip news!
  2. gossipmonger
    Kirsten Dunst Off the Wagon Again?The recently rehabbed starlet was spotted with Champagne glass in hand, and more celebrity mishaps in our morning gossip roundup.
  3. bizarre sarah palin interviews
    Sarah Palin’s PR Strategy Gets WeirderWhy Palin didn’t mind doing an interview while turkeys were being slaughtered directly behind her.
  4. instant politics
    Michael Idov and Matt Taibbi on Obama’s Foregone Historic Win, and the Morass It Will Land In’Rolling Stone’ columnist Matt Taibbi and ‘New York’ writer Michael Idov discuss why John McCain is “one of the worst” presidential candidates ever, Russian glee over American’s problems, and what happens after a possible President Obama is hammered for what he doesn’t manage to achieve.
  5. in other news
    Nas and Bill O’Reilly Try to Out-Hyperbolize Each OtherWe recount the beginnings of what will clearly be the most entertaining feud of summer 2008.
  6. gossipmonger
    Celebrity-Baby Boutique Spreads Word: Mariah Carey Is Totally Preggers!Also, dish on Barbara Walters, Ashley Olsen, and P. Diddy in our daily roundup.
  7. in other news
    What Does Not Kill CNBC Makes It StrongerIt’s hard to pick just one beautiful moment from today’s rollickingly emotional story about CNBC’s success, despite, or perhaps because of, the introduction of Rupert Murdoch’s rival Fox Business Network. But pick one we did.
  8. video look book
    New Woman Thrilled With Jacket, Anatomy Jasmine Catt describes herself as someone who decided that “at 46, he’s going to chuck it all — including gender — and become happy.” Now, sporting a jacket that was a gift from her ex-wife, Catt is thrilled with her new life. But other ladies may not be so down with her. Watch the video to learn why. Video Look Book: Jasmine Catt
  9. in other news
    ‘Chinese Defense’ Unravels, Jennifer Wang and Ruben Chen Sentenced for Insider TradingFormer Morgan Stanley financial analyst Jennifer Wang and her husband, former ING analyst Ruben (Ruopian) Chen, were sentenced yesterday for insider trading. Using an account in the name of Wang’s mother, Zhiling Feng, who lives in Beijing, the couple made over $600,000 trading in three companies advised by Morgan Stanley’s real-estate subsidiary before they were busted, then pleaded not guilty. Rather awesomely, their lawyer attributed their crime to “cultural differences.” “In People’s Republic of China insider trading is only rarely, and not until very recently, prosecuted as an offense,” she told judge Colleen McMahon, who was having none of it. “I know what it is to be a professional exposed every day in countless ways to inside information,” McMahon said. “You can’t possibly not know that you are not allowed to do it.” Wang wasn’t too Chinese to understand the verdict; according to Reuters, she “wept silently” as the judge handed down an eighteen-month sentence to her and her husband, which they will serve one after the other so that at least one of them can be with their son, who was born this summer. Ex Morgan Stanley Analyst and Husband Get 18 Months [Reuters/Portfolio]
  10. in other news
    André Balazs: Selling Hotels Is Standard ProcedureEver since yesterday’s little Gawker item about André Balazs selling three of his signature hotel properties (it turned out that it came from a Crain’s story), we’ve been wondering what’s up. Is our favorite hotelier and celebrity dater hard up for cash? Are delays and extra costs on his High Line–spanning Standard Hotel becoming a burden? Apparently not, according to Balazs himself. The Observer got him on the phone to talk about the transfers. “Quite frankly, we’re a little surprised about Crain’s much ado about nothing,” Balazs said. “It was financing. You know, we recently refinanced a bunch of the other properties and restructured them to take advantage of the capital markets. And these are all now stabilized properties that it’s just an opportune time to refinance them, meaning that they’ve been open long enough, and they’re steady and mature hotels.” So … everything’s okay? “It’s a routine recapitalizing and restructuring [of] the underlying debt or equity. We do it all the time. We control the management and control the properties.” Hm. We liked it better when all we had to think about was whether we liked his pretty lobbies. Andre Balazs Explains Hotel Moves: ‘We Do It All the Time’ [NYO] Hotelier selling assets in refinancing move [Crain’s NY]
  11. in other news
    Countdown to iPhone: The Lines Begin What hope does a covetous indie-film star have? The iPhone doesn’t go on sale till 6 p.m. Friday, but as Racked reports, queues at the midtown and Soho Apple stores started forming yesterday. Here, the first guy on line at each location. (We suspect this isn’t the first time the guy in midtown has slept out for days for something.) Good luck, kids. iPhrenzy: The First People in Line [Racked]
  12. in other news
    A Brief Rant Occasioned By Talk of a Potential Takeover Attempt at the New York Times Co. Speaking of loving the Times, this seems as good a time as any to make a few points about Hank Greenberg, dual-class ownership structures, that prig Hassan Elmasry at Morgan Stanley Investment Management, and the great, good benevolence of the Ochs-Sulzberger family. It’s simple, really: Notwithstanding whatever noise to the contrary you’ve been hearing lately, the New York Times Co. will not be sold. Say it again, together: The Times Co. will not be sold. The Sulzbergers have all the power, and — much as one might like to mock their current leader, Arthur Jr., and much as he may have made a series of a stupid strategic decisions — they’re not going to let anyone else buy it. And that’s a good thing.
  13. in other news
    Fun With Local Papers’ Headlines: ‘One of These Things Is Not Like the Others’ Edition Old-lefty defense attorney Lynne Stewart was sentenced yesterday to 28 months in prison for smuggling messages out of prison for her convicted terrorist client, Sheik Omar Abdel Rahman. The government had requested a 30-year sentence. Here are five local papers’ headlines on today’s story: “Stewart Gets 28 Months on Terror Charge” “Terror Lawyer Off Light” “Lawyer, Facing 30 Years, Gets 28 Months, to Dismay of U.S.” “Civil Rights Lawyer Gets 28 Months in Prison” “Wrist Slap for Smirk Jerk Terror Attorney” So, can you guess which one is the Post’s? Earlier: Lynne Stewart Sentence Begins; Chaos Ensues
  14. in other news
    Jane’s Carousel Spins With No One to Ride It There’s something almost novelistic about Jane Walentas’s well-documented obsession with a wooden carousel. The wife of the man who built Dumbo first found the quaint thing in Ohio in 1984, at an auction for a belly-up amusement park; she’s been repairing it, piece by piece, ever since. During those twenty years, her husband turned a shady warehouse district into one of the city’s more enviable addresses and something close to a personal fiefdom — but it still doesn’t have a place for Jane’s carousel. The Walentas’ ultimate goal is to mount it in the Brooklyn Bridge park, but for now a kid-free indoor installation during the Dumbo art festival will have to do. And no, you still can’t ride it. But you can — thanks to the kind bloggers at Gowanus Lounge — at least take a spin on the YouTube. Jane’s Carousel Debuts in Dumbo [Gowanus Lounge]
  15. the sports section
    Countdown to the NLCS First pitch at Shea is scheduled for 8:19 p.m. Hour-by-Hour Forecast for Corona, N.Y.[Weather.com]