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Author: muckety

Bearish on Mr Brooks

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06/28/2007
Bearish on Mr. Brooks

Bear Stearns was under tremendous pressure on the weekend of June 17. Two hedge funds managed by the company were near collapse.

What did Richard Marin, chief of the asset management unit that oversees the funds, do? He went to the movies. Then he blogged about the film, Mr. Brooks. (Marin gave it a thumbs down.)

“I had been working 24-7 on this thing. Taking a small amount of time to clear my head seemed reasonable,” he told the New York Times.

We suspect that when the Times discovered the blog, whimofiron.blogspot.com, it was open for public viewing. But by this morning, readership was by invitation only.

Update: Bear Stearns replaced Marin on June 29, naming Jeffrey B. Lane to head the unit. Marin now serves as an adviser to Lane.

On the web

A New Genre on Wall St.: Bailout Blog – New York Times (registration required)

06/28/2007
Paris Hilton and Stephen Schwarzman

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06/27/2007
Sec Chairman Defends Record

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06/27/2007
The Beckhams Move West

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06/27/2007
Paris Hilton and Stephen Schwarzman?

Paris Hilton may be on her way to becoming the Kevin Bacon of her generation.

How is the celebrity jailbird related to private hedge fund baron Stephen A. Schwarzman?

Through Hilton hotels, of course. Schwarzman’s company, Blackstone Group announced yesterday that it would buy the hotel chain for $18.5 billion plus debt. Blackstone already owns LaQuinta Inns and LXR Luxury Resorts.

On the web
Blackstone to Buy Hilton Hotels for $26 Billion – New York Times
Blackstone to Acquire Hilton – Wall Street Journal
Oracle of Bacon

06/27/2007
Murdochs Media Machine

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06/25/2007
Murdoch’s media machine

As the Times notes today, Rupert Murdoch’s media empire gives him an array of tools to advance his interests.

Starting with one newspaper in Australia, he has built and acquired a vast network of newspapers, broadcast companies and web sites.
Murdoch has shown increasing sophistication in getting his way regardless of the political climate. News Corp. employs a battery of lobbyists, including the very connected Anthony Podesta.

To the surprise of some, Murdoch’s sizeable political donations in the U.S. favor Republicans only slightly. The Times reports that Republicans received 56 percent of the $4.76 million contributed since 1997 by the Murdoch family and related PACs.

On the web

Murdoch Reaches Out for Even More – New York Times

06/25/2007
Big Payday for Blackstone Founders

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06/24/2007
Lost but Linked Relationship Map for the Tv Show Lost

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06/18/2007
Lost but linked – Relationship Map for the TV show Lost

All is not what it seems on the island.

MAP HINTS: Click expands a name. Control+Click centers map on a name. Solid lines are current relations. Dotted lines are former relations. For advanced tools choose Tools > Options from the menu at top. More help. Not seeing the maps? Please go here to check for the latest version of Java.

See large version of map | See full screen version of map | Put this map on your blog

The survivors of the crash of Ocean Flight 815 have untold connections that viewers of the hit ABC Lost glimpse in strobe-like flashbacks.

The astute viewer (addict would be more appropriate) knows more than the characters. Jack and Claire, for example, have no idea that they’re step-siblings. Nor has Jack learned that Shannon’s father was in a car accident with Sarah, Jack’s future wife. Jack, the physician on duty, chose to save Sarah but not Shannon’s father.

And Hurley has yet to discover that Libby gave Desmond her sailboat, or that John Lock worked for his box company.

Sometimes, though, even these lost souls figure things out. Sawyer did tell Jack that he had a long conversation with Jack’s father shortly before his death.

On the web
Official Lost Web site (ABC.com)

06/18/2007
Lost but Linked Relationship Map for the Tv Show Lost

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06/12/2007
Lost but linked – Relationship Map for the TV show Lost

All is not what it seems on the island.

The survivors of the crash of Ocean Flight 815 have untold connections that viewers of the hit ABC Lost glimpse in strobe-like flashbacks.

The astute viewer (addict would be more appropriate) knows more than the characters. Jack and Claire, for example, have no idea that they’re step-siblings. Nor has Jack learned that Shannon’s father was in a car accident with Sarah, Jack’s future wife. Jack, the physician on duty, chose to save Sarah but not Shannon’s father.

And Hurley has yet to discover that Libby gave Desmond her sailboat, or that John Lock worked for his box company.

Sometimes, though, even these lost souls figure things out. Sawyer did tell Jack that he had a long conversation with Jack’s father shortly before his death.

06/12/2007
Anthony Pellicano Hollywood Undercover

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05/24/2007
Anthony Pellicano: Hollywood undercover

The ongoing federal investigation of private eye Anthony Pellicano is revealing connections that many Hollywood celebs would prefer to keep quiet.

More than a dozen people have been arrested, and Pellicano is in jail, awaiting trial on charges of bribery, conspiracy, racketeering and illegal wiretapping.

Entertainment moguls and other elites have sought Pellicano’s skills over the years. His client list included former Disney chief Michael Ovitz, rock star Courtney Love and attorney Bert Fields.

It remains to be seen whether this case will establish itself as one of Tinseltown’s great scandals. A federal judge recently postponed Pellicano’s trial until 2008.

On the web
In Court Files, Hollywoodís Mr. Fix-It at Work – New York Times
The Pellicano Case – Los Angeles Times

05/24/2007
Muckety This Elizabeth Taylor to Paris Hilton and Anna Nicole Smith

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05/21/2007
Muckety this! Elizabeth Taylor to Paris Hilton and Anna Nicole Smith

How is Elizabeth Taylor connected to Paris Hilton and Anna Nicole Smith?

When it comes to entertainment Muckety, Elizabeth Taylor leaves Kevin Bacon in the dust.

First, her connection to Paris Hilton: Paris is the daughter of Richard Hilton, granddaughter of William Barron Hilton, brother of Liz’s ex-husband Conrad Hilton Jr.

And to Anna Nicole Smith (perhaps): Conrad Hilton Jr.’s father was married to Zsa Zsa Gabor, whose husband later claimed paternity of Anna Nicole’s baby.

05/21/2007
Muckety This Jacqueline Onassis to Gore Vidal

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05/20/2007
Muckety this! Jacqueline Onassis to Gore Vidal

What is Jackie O’s connection to Mr. Vidal?

Hint: Click in map to explore connections

Her mother, Janet Norton Lee, was married to Hugh D. Auchincloss, who also married Nina Gore Vidal, the author’s mother.

05/20/2007
Woodie To Groucho And Other Erratic Paths
Other than being Jewish and funny, how is Woody Allen linked to Groucho Marx?

MAP HINTS: Click expands a name. Control+Click centers map on a name. Solid lines are current relations. Dotted lines are former relations. For advanced tools choose Tools > Options from the menu at top. More help. Not seeing the maps? Please go here to check for the latest version of Java.

See large version of map | See full screen version of map | Put this map on your blog

His decidedly ex, Mia Farrow, was married to Frank Sinatra, whose multiple wives included Barbara Blakely, who was married to Zeppo Marx, Groucho’s brother. As if you didn’t know!

This post is tagged with: Barbara Blakely, Frank Sinatra, Groucho Marx, Mia Farrow, Woddy Allen, Zeppo Marx

Read related stories: Muckety This!

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05/19/2007

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