breakfast

And management is going to fire you without pay over it, realize they did so in error, not show any remorse and tell you to shoot HR a cover letter and résumé if you’d like the opportunity to try and get your old job back. Read more »

“A source with knowledge of the matter told FINalternatives that Falcone, [who crashed her car at 2:25PM], was charged with driving with ability impaired after admitting to having a drink three hours before driving, and that she had a blood alcohol level of 0.03, about half the legal limit. Falcone was also asked if she was on prescription medication, which she confirmed.” [FINalternatives, earlier]

Romney will start his tour with a breakfast at Cipriani 42nd Street at $2,500 per head. Among the 80 co-hosts on the bill are Romney’s richest donor, hedge fund billionaire John Paulson, former Goldman Sachs chairman John Whitehead, Forstmann Little chairman Julian Robertson…Then, J.P. Morgan Chase vice chairman Jimmy Lee is hosting a luncheon at the Waldorf-Astoria. But the bank’s rep tells us J.P. Morgan Chase chairman and former Obama ally Jamie Dimon will not be attending. Later in the evening, Steve Schwarzman, founder of Blackstone, the world’s largest private equity firm, is hosting a more intimate event at his Park Avenue home with CEO Tom Hill, Third Point founder Dan Loeb, former Chris Christie backer and hedge fund honcho Paul Singer and former SEC chairman Richard Breeden. [NYP]

It might seem like a difficult job to give up, what with the fame, the power, and the access to a printing press that means you’ll never be short on cash. And considering it was the thing that defined him for almost twenty years, you might think giving up the gig might be hard for Big Al. But honestly, it really wasn’t. What probably helped the transition was the unlimited offers to headline conferences in the Maldives, pocket 300 large for a giving a 5 minute speech and then sip pina coladas with ten of UBS’s finest investor relations bunnies, the months of comedic relief associated with watching his successor get his ass torn out after having promised the guy “things are in pretty good shape” just before leaving the building, and the mornings off to watch the Price is Right. But…there a couple things McG does miss and today over a lunch of grilled Swordfish and Diet Coke, he unloaded on the FT. Hint: they involve 1) being paid to just shoot the shit about the previous night’s episode of Survivor and 2) a big hunk of love who probably gives great if not sweaty bear hugs. Read more »