“Wrestlers are tenacious, hard-working, no-nonsense, tough SOBs,” Fortress Investment Group principal Mike Novogratz told The Observer over the telephone last Monday. It was the beginning of a hectic week. In one corner, Spanish banks were teetering their way to a fresh round of European bailouts. In the other, looming Greek elections led headline writers to Read More
Seeking redress: The bankruptcy trustee assigned to recover claims on MF Global’s U.S. brokerage unit pointed a finger at Jon S. Corzine, erstwhile CEO of the failed broker-dealer, in a 275-page report published yesterday. James Giddens, the trustee, may pursue claims of “breach of fiduciary duty and negligence” against Mr. Corzine and other officials, Read More
At a party where Jamie Dimon gabbed with Lloyd Blankfein and the mayor cracked wise about George Clooney, the most important people in New York City gathered this month to celebrate Steven Rattner, the former private equity guru and car czar. Within 24 hours, the news that Mr. Rattner was settling longstanding charges connected Read More
Editor’s note: There are corrections to this article at the end of it.
Public broadcasting exec Sharon Rockefeller strolled into the sculpture garden at the Museum of Modern Art on Tuesday night, May 26, alongside the artist Jack Shear, both laughing, with cocktails in hand after sitting down to a sensible dinner.
“We had Read More
At the opening party for the retrospective exhibit Martin Kippenberger: The Problem Perspective at the Museum of Modern Art on Tuesday, Feb. 25, MoMA president Marie-Josee Kravis and her billionaire husband Henry were two of the first to take a stroll through the show.
Ms. Kravis, wearing a gold coat with a fur neckline, Read More
Texas Pacific and Henry Kravis’ outfit, KKR, must have had hired the best press agents in the business to break the big news about their buyout of TXU, the giant Texas electric public utility. Not only was it hailed as the biggest deal in business history, but it was made to seem that it was Read More
The deal to build a biotech center in New York took five years and required a considerable amount of arm twisting, but today the mayor announced Alexandria Real Estate Equities would get the honors.
The arm-twisting–or, if you prefer, diplomacy–came courtesy of figures like Sandy Weil, Henry Kravis and Jerry Speyer, who Read More
Ratcheting up the pressure on the White House and Congressional leaders to help the city prepare for terrorist attacks, representatives from dozens of the city’s largest corporations are preparing to mount a huge lobbying offensive in Washington, D.C., designed to win more federal homeland-security money.
The new campaign, which hasn’t been publicly announced, will add Read More
Wearing brown cashmere and tweed, Carolyne Roehm was sorting through the mail on March 11 at her Manhattan apartment with deep East River views. “Hope you don’t mind looking at Queens,” she said as she walked toward a table against one of several floor-to-ceiling living room windows, looking out on the 59th Street Bridge. This Read More
