‘Martha Wanted to Wash and Blow-dry the Chickens’

Published: June 20, 2008, 1:00 pm

Tags: company town, bank of america, bear stearns, citigroup, countrywide, craigslist, fbi, hearst, jimmy cayne, martha stewart, matthew tannin, nyu, ralph cioffi, victor ganzi, vikram pandit

Martha Martha Martha.Photo: Getty ImagesMEDIA• Executives in charge of working out Martha Stewart's new magazine concept for older women, M, are "working against the idea that Martha is a basket and frills person." But at a photo shoot, Martha got rather in the way. "Martha wanted to wash and blow-dry the chickens before the photo shoot." [WWD]• Former Hearst CEO Frank Bennack is taking over the reins again after Victor Ganzi's sudden departure. People are speculating he'll sit on the Hearst throne for a while as the company takes its time finding a replacement for Ganzi. [NYP]• Vladimir Nabokov's son Dmitri appoints superagent Andrew "the Jackal" Wylie to represent his father's estate. [NYO]FINANCE • Now that Matthew Tannin and Ralph Cioffi have been arrested, what former Bear Stearns executives could be next in line? Former CEO James Cayne, who told investors the bank had no liquidity issues just days before it went bankrupt, "could be in deep trouble,"

[ Full article ]

Blog link

Comments