Maybe you’ve heard: President Obama’s chief-of-staff, Bill Daley, has stepped down. Taking Mr. Daley’s place will be Jacob Lew. This will not please some people.
Yesterday, U.S. District Judge Jed Rakoff blocked a settlement between the S.E.C. and Citigroup, criticizing the S.E.C. for settling a case without proving the factual nature of its allegations and allowing the bank to pay a fine and admit no wrongdoing. His published opinion, which might provide some satisfactory morning reading to some of those New Yorkers enjoying “passive recreation” in Zuccotti Park, is scathing.
Despite her salacious scandal earlier this year, CNBC’s top anchor, Maria (the “Money Honey”) Bartiromo, and husband Jonathan Steinberg are settling into domestic bliss: They’ve closed on a five-level townhouse on East 62nd Street, paying $6.5 million.
The five-bedroom house, east of Third Avenue, has a second-floor balcony overlooking the 39-foot-long backyard garden, plus a Read More
Terry McAuliffe explains what 'in it to win it' has meant for fund-raising. There's more campaign cash going around this cycle than previous ones probably because of rising economic inequality, not the Internet, says Ben. Mitt Romney raised more money that Rudy Giuliani Gail Robinson thinks "one Read More
Claire McCaskill recently got a chance to do something that millions of us have wanted to do. She got a chance to tell the executives of the major credit-card companies what she thought of them.
Ms. McCaskill is the junior Senator from Missouri, one of the good things that happened in the last election. As Read More
The guy to complete the last big deal ordinarily gets to shout “King o’ the Mountain!” and, for a month or so afterward, there is much oohing and aahing on the business pages. That didn’t quite happen after Kohlberg Kravis Roberts and Texas Pacific announced their purchase of TXU, the large Texas electric-utility company.
At Read More
The cute red umbrella in the Citigroup logo is no more, says Crain’s. The bank cut a deal to sell the branding rights to St. Paul Travelers.
Citigroup will need to draft up a new logo now. File this under slightly irrelevant, but what’s this mean for real estate? Well, when they create Read More
Barack Obama is chasing another well-known New York fundraiser: James Rubin. (No, not that James Rubin — this one.)
On Wednesday night at a steakhouse in Washington, Obama met with Rubin and a number of supporters including Michael Froman of Citigroup, Brian Mathis of Provident Group, Orin Kramer of Boston Read More
And the last empty Lexington Avenue storefront in the Bloomberg Tower goes to—wait for it—Citibank.
The company’s forthcoming 56th Manhattan branch, located between 58th and 59th streets, will fill a 5,000-square-foot void along this Upper East Side commercial block, which is so desperately underserved by the cavernous Wachovia branch next-door. And the Bank of America Read More
The chief financial officer for Citigroup and the president of Rensselaer both turned down Eliot Spitzer’s offer to go for the state comptroller position.
Post editors don’t want a sitting Assemblyman for comptroller.
The Daily News opines that whomever makes it through the screening panel “will have weathered a Read More