A lawyer for the Argentina navy told a court in Ghana it would not pay Elliott Management $20 million for the release of the ARA Libertad, a training vessel used by the South American country’s navy. Elliott, the hedge fund managed by Paul Singer, seized the sailing ship last week in attempt to make good Read More
As recently as March, Steven Rattner, the former private equity kingpin and Obama administration car czar, was having an unpleasant time with Overhaul, his book on the emergency auto rescue. “Writing books is a bear. It’s just really hard work. And he hasn’t done it before,” Mark Green, who’d talked to him about the struggle, Read More
Jeffrey Epstein, the money manager who will soon start serving 16 months in jail for soliciting underage prostitutes, first came to the media’s attention in 2002 when he used his mysteriously acquired wealth to fly some newfound friends like former President Bill Clinton, and actors Kevin Spacey and Chris Tucker, to Africa on his private Read More
DAVID BOWIE LANDS A LOFT
David Bowie and his wife, supermodel-actress Iman, are moving into their golden years-Major Tom turned 51 last month, after all. And to celebrate, they’ve bought themselves a 5,000-square-foot loft at 704 Broadway, near East Fourth Street. The loft was on the market for $1.7 million, and the couple were said Read More
