There was a peculiar buzzing sound coming from somewhere inside the Credit Suisse meeting, a mildly annoying vibrating bleep. Paul Calello, the bank’s commodities and derivatives chief, checked his briefcase. The buzzes got louder.
His daughter had decided to send her Tamagotchi toy pet to work with him, and it was hungry. Mr. Calello stopped Read More
Who needs CNBC with all the action that’s been going on in the Grill Room over the last week? It’s more interesting to watch the news happen in real time in the Four Seasons–especially when Adriana stops in.
Wall Street was the talk of the restaurant in the last week, as bankers and dealmakers showed Read More
According to Matt Diffee, there are 10 reasons why a cartoon might be rejected from The New Yorker: too lowbrow, too politically incorrect, too dark, too weird, too political, too difficult to “get,” too dumb, too bad, too dirty, too all-of-the-above.
But at Fisticuffs, an Iron Chef-like battle of the cartoonists, held last Thursday night Read More
There’s a whole other art world, and an increasingly vibrant one, outside the mainstream art gallery and museum system. So-called “alternative art spaces” date back more than a generation but have multiplied in recent years, especially in Brooklyn. Usually headquartered in ad-hoc, unlikely or industrial locations, these spaces showcase emerging artists and performers, and artwork Read More
I keep an eye on the Impressionist and Modern art auctions because they’re thought to be an early indicator of the contemporary art sales that follow. But talking to Impressionist and Modern art experts about my penchant for contemporary artists like Maurizio Cattelan or Urs Fischer always leaves me feeling like an insecure fashionista. They’re Read More
The massive FBI probe into insider trading reported this weekend is already causing major headaches up in Connecticut. The Wall Street Journal is
mtaylor [at] observer.com | @mbrookstaylor
When the hedge fund giant Phil Falcone got some bad news last week about losing a good bit of business from Goldman Sachs, he came up with a theory that explained it away.
But Reuters is reporting that he may have a more cumbersome problem.
General Motors’ gargantuan initial public offering should have made this a good day for Steven Rattner, the troubled former car czar and private equity kingpin.
It has not been.
In one of his final acts as Attorney General, Governor-Elect Andrew Cuomo filed two lawsuits against Mr. Rattner, who co-founded the multibillion-dollar firm Quadrangle. Read More
Executives on Wall Street may be headed for their fourth best year of all time, but the U.S. stock market has been having some sour November days lately. The sure fire sign that rough times are back is the plethora of photographs on the news wires of traders looking very upset.
(The other sign Read More
“Have you ever noticed,” the chairman of Citigroup, Richard D. Parsons, asked The Observer this Monday evening, “that in the NFL, or in the NBA, or in Major League Baseball, this guy was a failure at Cleveland, and then he becomes the coach in Houston? These guys just move around from one team to another. Read More
