The wine and alcohol collection amassed by Madoff was auctioned off Wednesday, fetching staggering prices for rather mundane lots. The proceeds will go to victims of his decades-long fraud. Some examples: Four airline-size bottles of alcohol (Smirnoff vodka, Bombay gin and Grand Marnier liqueur): sold for $300 (Estimated value: $10 to $20). [WSJ, earlier]
booze
This afternoon, the US Marshals Service will hold yet another auction of Bernie Madoff’s stuff, with proceeds going to the victims of the Ponzi scheme. Today’s lots are comprised of the liquor left behind by the Ponz Master. As previously mentioned, one lucky bidder will take home Bernie’s prized collection of low-grade mini-bar booze (including a selection of 2-ounce bottles of Smirnoff vodka, Bombay gin and Grand Marnier liqueur). Also up for grabs? A decanter containing a mystery liquid, which starts at $500. Continue reading »
How many times have you said to yourself, “I’m just doing the Wall Street thing for now- one day I’m going to quit this shit and do something that fulfills me- like brew moonshine”? Probably so many that your colleagues, friends, and family are sick of hearing about it. You’ve never actually done it because you’re weak or scared or haven’t yet found the perfect recipe. Unlike former portfolio manager Ed Tiedge, who in 2008 was faced with a choice– look for a new gig on the Street following the implosion of his firm or quit the biz to live out his dream of distilling vodka and gin with hints of things like honey, juniper berries, rose petals, lavender, galangal, and orange peel. He went with the latter and will perhaps inspire you to brew that first batch of illegal sauce today. Continue reading »
Fox Business’s Neil Cavuto is has told his staff to “bring cots and enough Red Bull to keep going” ’til 2 in the morning on election night, when programming will be focused on what the results mean for Wall Street. But what is Cavuto’s personal game plan? Glad you asked. Continue reading »
When was the last time you got shitfaced at lunch and then headed back to the office? How many days this week have you not pounded a bottle of tequila and returned to the desk to put on some trades? Going to go out on a limb and guess “not in forever” and “all of them” due to fear of what people would think and a firm-wide rule about not trading while under the influence. Well no longer. Tomorrow, you have those 10 martinis for lunch– it’s cool now and everyone else is doing it anyway. Continue reading »
The following elements should be involved (Source: CNBC employee handbook, handed out to all on-air talent on their first day on the job):
* 1 guy in a kilt
* An intense moustache
* A bottle of booze (here’s where you can get creative: could be a $150,000 bottle of whiskey or your favorite flavor of Boone’s Farm, doesn’t matter)
* Questions like, “what have you got in that bushy pouch?”
* A CNBC anchor who goes by the motto “I’m here for the party”
* Lively dialogue such as:
Guest: What I want you to do is put it in your mouth and hold it.
MCC: Put it in my mouth? You shouldn’t say that to me [the suggestion being, you *should* say that to me]
Guest: Keep it in there keep it in there keep it in there
MCC: [Laughing]
Guest: Wait for it, wait for it, wait for it
* Supremely awkward reaction shots of co-anchors
* Confetti! Continue reading »
As many of you are aware, some intimately, the right to get smashed on the ride home is one fiercely cherished and defended at all costs by Team CT Commute. It was something Metro North officials tried at various points over the last couple years to take away to no success. “They’ll have to pry this Tall Boy from my kung-fu like grip,” more than a few people slurred, getting confrontational. It also wasn’t enough to simply be able to purchase booze on board, but highly necessary to have the space to “stand around and talk,” mix it up with fellow financial services hacks and make new “business contacts,” rather than sit at banquette-style tables with some asshole you already know from work, a war currently being fought as designs for new cars and their bar cars are finalized.
Strangely, though, we’ve never discussed what exactly one is pounding in the 39 to 55 minutes you have before getting off. Luckily, the Times has investigated the situation. Continue reading »
FYI, it’s the patriotic thing to do in Mother Russia. [Telegraph]
That’s just something I thought you needed to know. Apparently that’s her on the back of the bike. The “mystery woman” also has a house in Sag Harbor, if anyone looking to score tickets to one of his next shows needs clues to ID her. [NYDN]
Back in April, Billy Ackman put his UWS co-op at the Majestic on the market for $10 million, after his mother-in-law convinced him it wasn’t worth the $12 million he wanted. Curbed reports Ack-boy has sold the pad, and is headed up the block to the Beresford at 211 Central Park West. Due to building rules, Ackman is not allowed to keep his “guest” apartment when he goes, so he’s putting the place– which he bought for $450,000 in 2007 and then put $250,000 into renovating– up for sale, and asking for $950,000. If somebody doesn’t buy this thing– and everything inside, including flat screens and that little Target dog, which Bill has grown seriously fond of–, ASAP, Ackman is auctioning it off December 8th. Ackman has told residents he’ll be the auctioneer (and has been practicing getting the voice just right with a friend), and will be providing “some excellent wines for participants” in case anyone’s looking for free drinks.
