Tag: Countrywide

  • Scary Spice gets even, and more

    Tracking the breakup aftermath for Spice Girl Melanie Brown and Eddie Murphy, it would seem that Scary Spice is coming out on top.

    After ending his romantic involvement with the pregnant Brown in 2006, Murphy famously said, “I don’t know whose child that is until it comes out and has a blood test.” Brown and Murphy went to court to determine the paternity of Angel Iris Murphy Brown, and it was determined that Murphy was the father.

    Since then, Melanie Brown has had a record year. (Story continues below interactive map.)

    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.

    The Spice Girls reunited to release a greatest hits album and a world tour. Tickets for their first show in London sold out in 38 seconds.

    Brown juggled rehearsing for the Spice Girls reunion tour with practicing for her American television debut on ABC’s reality hit, Dancing with the Stars. She outshined her competitors, including Marie Osmond and Jennie Garth, and ended up finishing in second place.

    She also married her new boyfriend, Stephen Belafonte, in June, 2007.

    Meanwhile, Eddie Murphy lost the best supporting actor Oscar to Alan Arkin, and then had to have his publicist dispel rumors that he stomped out of the award show, upset at his loss.

    Murphy has made recent headlines for equally embarrassing reasons. After his breakup with Brown, he started dating film producer Tracey Edmonds. He proposed and they exchanged vows in a ceremony in Bora Bora on New Year’s Day.

    A mere two weeks later, the couple decided against legalizing their wedding vows in the U.S., releasing the statement: “While the recent symbolic union in Bora Bora was representative of our deep love, friendship and respect that we have for one another on a spiritual level, we have decided to remain friends.”

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    1 Comments

    • #1.   Rose 01.19.2008

      Hah!! I absolutely love MEL B. she is amazing.. as for Eddie Murphy!!
      what a prik!! Mel B. Is way out of his leugue.. he should have felt blessed to be with her.. looks like he screwed that up!! what a nobber!!

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  • Connecting the Dots in 2007

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  • Stephen Ross, dealmaker

    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.

    New York real estate magnate Stephen M. Ross has been cutting deals at a whirlwind pace in recent weeks.

    Centerline Holding Company, which he chairs, today announced that Freddie Mac would securitize its $2.8 billion bond portfolio. Centerline said it would also receive a $131 million investment in January from the Related Cos.

    Centerline execs said the moves were designed to reduce debt, attract capital for growth and shelter the firm from volatile interest rates.

    Yet several stockholders participating in the company’s online conference call this morning described the arrangement as a sweetheart deal benefitting Ross and his companies at the expense of public shareholders.

    Ross also chairs Related Cos. Jeff T. Blau, Related’s president, is a managing trustee of Centerline. A third Centerline trustee, Robert J. Dolan, is dean of the Stephen M. Ross School of Business, named for its prime benefactor.

    Related had a large cash infusion earlier this month, when several firms invested a total $1.4 billion. Mubadala Development Co. of Abu Dhabi and the Olayan Group of Saudi Arabia put in about $1 billion. Goldman Sachs and Michael Dell’s investment company, MSD Capital, invested an additional $400 million for a 7.5% stake, placing Related’s value at more than $5 billion.

    Ross told the Wall Street Journal that Related opened talks for the cash infusion before the mortgage crisis erupted. The market “was so good we knew it wouldn’t last,” he said.

    Ross formed Related 25 years ago to develop and manage government-assisted rental apartments. Over the last two decades, the company has become heavily involved in luxury residential and commercial projects, including Manhattan’s Time Warner Center.

    Related is also developing properties around Penn Station, and is bidding on a massive project to redevelop the Hudson Yards on the city’s west side.

    On another front, the Miami Herald reported two weeks ago that Ross and Jorge Perez were talking to Wayne Huizenga about buying the Miami Dolphins. Perez is the managing general partner of Related’s Florida operations.

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  • Benazir Bhutto’s American support network

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    No other foreign politician appreciated the importance of connections more than the late Benazir Bhutto.

    The Pakistani opposition leader, assassinated Thursday in Rawalpindi, made regular trips to the U.S., paid the D.C. lobbying firm Burson-Marsteller hundreds of thousands of dollars, and cultivated a long list of friends among American journalists and politicians.

    A graduate of Radcliffe and Oxford, she maintained decades-long friendships with classmates. Commentator Arianna Huffington, who had known Bhutto since their student days, described her as “fearlessness epitomized.”

    Among Bhutto’s many American friends and advisers were Washington Post columnists E.J. Dionne and Michael Kinsley. Mark Siegel, former executive director of the Democratic National Committee, has co-written a book with her, set for publication in 2008.

    The U.S. played a major role in her return to Pakistan last October, after being forced from power in 1996. But in the end, support in America was not enough to protect her in her home country.

    “I always thought this was roughly how it would end for her, but I didn’t think it would happen today,” friend Peter W. Galbraith, a former U.S. ambassador and son of economist John Kenneth Galbraith, told The New York Times.

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  • Princeton, donors’ family battle over $880 million

    In 1961, A&P supermarket heir Marie Robertson and her husband, Charles, gave $35 million in stock to Princeton University for its Woodrow Wilson School of Public and International Affairs.

    Today, the gift is worth more than $880 million.

    But the university and the descendants of the couple have spent millions in legal costs in a years-long fight over how the money should be used.

    A New Jersey judge’s decision last week that the dispute should go to trial has drawn nervous attention from college administrations across the country. The New York Times has called it “one of the largest lawsuits ever filed exploring how closely colleges must adhere to the original intent of donors.”

    The Robertsons’ children – Anne R. Meier, Katherine Ernst and William Robertson – maintain that the donation was meant to help prepare graduate students for careers in federal government, particularly in foreign and international affairs. They filed suit against the university in 2002, claiming that Princeton had failed to adhere to their parents’ instructions and had spent the money for other uses.

    The suit also charges that Princeton took control of the foundation set up to administer the gift, and commingled its funds with the university endowment.

    Princeton officials respond that the Robertson offspring are trying to overturn the structure set up by the original grant, and use the money for their own purposes.

    Both the university and the Robertsons have launched web sites about the suit. And both sides say they expect to win at trial.

    Regardless of the outcome, colleges are likely to pay much closer attention to the restrictions that often come with major gifts.

  • America’s ruling families

    We’ve come to expect political dynasties. They’re a fact of life in the U.S., perhaps even more than royal succession is in the modern UK.

    The 2008 presidential campaign is the first since 1952 without a sitting president or vice president. An entire generation has grown up thinking the race for the White House requires the presence of a Bush or a Clinton.

    Even beyond the obvious – the Bushes, Kennedys, Rockefellers, Roosevelts and Adamses – many American clans have passed the political baton from one generation to the next.

    In recent decades, Hendrik Hertzberg writes in the New Yorker, the “dynastic dynamic” has accelerated.

    The presidential field includes not only Hillary Rodham Clinton, wife of a former president, but Mitt Romney, son of a former governor of Michigan. Hertzberg notes that there are currently five U.S. senators whose fathers preceded them in the Senate. A prominent example in the House is Speaker Nancy Pelosi, whose father was a member of Congress and the mayor of Baltimore.

    Such connections yield intriguing Muckety maps. One of our favorites was created by the marriage of Howard Baker and Nancy Kassebaum, which linked not only their separate Senate careers, but the legacy of Kassebaum’s father, former Kansas Gov. Alf Landon, and Baker’s former father-in-law, Sen. Everett Dirksen.

    Political dynasties tend to overlap with the business and media spheres. (Think Maria Shriver.) After Louisiana Congressman Hale Boggs died in an airplane crash, he was succeeded by his wife, Lindy. One daughter, Barbara Boggs Sigmund, was mayor of Princeton, N.J., before dying of cancer. Another, Cokie Roberts, is a correspondent for ABC and NPR, and the wife of journalist Steven Roberts. A son, Thomas Hale Boggs Jr., is a powerful Washington lobbyist.

    Offspring of the powerful can learn from their parents’ example and their parents’ mistakes. Or can they choose not to learn at all. Hertzberg’s column closes with an observation on George W. Bush:

    “Bush’s failure to learn much of anything for the past six years suggests a deficit of character, not of experience; his unwillingness to employ his father’s skills and advice on behalf of the nation shows a disrespectful disregard for a dynast’s biggest advantage. He has given both freshness and family a bad name.”

  • Christopher Hitchens revives the enemies list ([Muckety](https://web.archive.org/web/20071031184448id_/http://news.muckety.com/2007/10/30/christopher-hitchens-revives-the-enemies-list/165))

    In the early 1970s you couldn’t have a better opponent than Richard Nixon.

    Indeed, when the embattled president’s Enemies List became public, there was no complaining from those who made the cut.

    Newsman Daniel Schorr and actor/activist Paul Newman treated their inclusion like a badge of honor. To have Nixon against you was to have the world for you.

    These days, the best possible seal of disapproval might come from Christopher Hitchens, the erudite, outrageous, provocative, witty and indefatigable contrarian.

    When Hitchen’s your enemy, you don’t need friends.

    Regularly venting his spleen, Hitchens has pieced together an Enemies List that might even make Nixon envious, were he alive.

    For starters, Hitchens, who is 58, has never liked Mother Teresa, the founder of the Missionaries of Charity who received worldwide approval for her work with the poor, the ill and the needy in Calcutta.

    In essays and in his book, The Missionary Position: Mother Teresa in Theory and Practice, Hitchens has argued that Mother Teresa wasn’t modest, wasn’t humble, and wasn’t really opposed to poverty and that she buddied up to dictators.

    Hitchens also doesn’t like the late Pope John Paul II, in part because he fast-tracked Mother Teresa on the road to sainthood.

    Absolutely no Hitchens love is lost on the Dalai Lama. And he doesn’t like The Rev. Mr. Jerry Falwell either.

    None of these dislikes is that surprising given the fact that God himself (or herself) is a frequent Hitchens target.

    Hitchens takes on the diety in God Is Not Great: How Religion Poisons Everything. To the surprise of many, the book became a bestseller this spring and its sales may net Hitchens $1 million.

    Beyond that it has helped increase the visibility of atheism in this country and it has given Hitchens a regular chair on talk shows and in debates against true believers.

    Hitchens, a former member of the British left who is now difficult to classify, doesn’t confine his scorn to religion or the religious.

    A short list of his favorite non-religious targets includes Henry Kissinger and Bill Clinton – both war criminals in Hitchens’ opinion.

    Also among the disliked are Michael Moore, Cindy Sheehan, Mel Gibson and Princess Diana.

    The next best thing to having Hitchens hate you may be to have Hitchens like you.

    The writer, who is now an American citizen, has been strong in his support of Scooter Libby, Ahmed Chalabi, Tony Blair and George W. Bush (sometimes).

    He also remains a strong voice for the Iraq war.

    And he has a wide and varied list of literary and journalistic saints, beginning with George Orwell.

    But, in general, Hitchens, who knows the value of enemies, hasn’t spent his time making nice. His list is long and getting longer.