March 11, 2009
Today at a conference at the Chamber of Commerce in Washington, J.P. Morgan CEO Jamie Dimon bemoaned the recent "vilification of corporate America." "I personally don’t understand it,” Dimon said in his speech. “I would ask a lot of our folks in government to stop doing it because ...
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JESSICA PRESSLER
at 6:12 PM
February 13, 2009
If we were buds with hedge-fund rock star John Paulson, we'd have this conversation tonight over drinks: Paulson: So, what did you do today? DI: Not much. Talked shit on the internet. Burned some toast and set off the smoke alarm again. You? Paulson: I made $67 million in 25 minutes when Lloyds lost...
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JESSICA PRESSLER
at 6:16 PM
February 11, 2009
The success of Timothy Geithner's bank rescue hinges in large part on one thing: coaxing so-called "vulture investors" to swoop in and buy a lot of the toxic assets that are sinking the banks' balance sheets, with the expectation that they will raise in value and the vultures will ma...
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HUGO LINDGREN
at 1:30 PM
February 02, 2009
Howard Rubenstein: Influencer of politics, puppeteer of billionaires. Remember when the secret cabal of billionaires that run the city stepped into the public eye for an awkward, scary moment last year to support Mayor Bloomberg's run for a third term? Well, once again they've let the veil slip. A g...
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Chris Rovzar
at 9:00 AM
January 16, 2009
This is what Alan Schwartz had to wear when he was inducted. Goldman Sachs higher-ups with rouged cheeks, clad in cheerleading uniforms? Blackstone employees rapping? The Wall Street Journal's story about last week's induction dinner for new members of Kappa Beta Phi, the exclusive Wall Street socie...
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JESSICA PRESSLER
at 12:00 PM
December 19, 2008
"Woo-hoo! They don't call me No-el for nothing." Fairfield Greenwich founder Walter Noel is trying not to let the fact that his firm lost $7.5 billion dollars put a damper on his holiday spirits, and no one will let him. "Walter Noel showed up at the Round Hill Country Club Xmas party on Sunday (he ...
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JESSICA PRESSLER
at 4:10 PM
December 02, 2008
A former employee of the financing arm of the Kushner Companies has accused Charles Kushner and his golden child, Jared, of siphoning millions from a huge real-estate deal into other holdings, including the New York Observer. Kevin Swill argues in a New Jersey legal filing that the elder Kushner fun...
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Chris Rovzar
at 10:10 AM
July 08, 2008
JPMorgan CEO Jamie Dimon is hopping mad at the short-sellers out there whose fearmongering, he and embattled Lehman Brothers CEO Dick Fuld think, had a lot to do with the demise of Bear Stearns. "I think the Securities and Exchange Commission should investigate it, okay?" he told Charlie Rose last n...
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at 1:05 PM
July 01, 2008
Photo: Getty Images Dick Grasso, the former New York Stock Exchange chairman who received a staggering $187.5 million pay package from the organization, is free to keep all of the money after a court ruling today. The state had sued in 2004 to regain some of the funds shortly after Grasso was voted ...
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at 3:35 PM
June 26, 2008
Photo: Getty Images It's hard to be Angelo Mozilo. No one understands him. Not those disgusting losers who for whatever reason didn't get that the mortgages Countrywide sold them were time bombs that would soon blow up in their faces. Not the strident attorney generals of California and Illinois, wh...
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at 1:00 PM




