Earlier this month, Bloomberg reported that John Paulson was considering making Puerto Rico his home for a little more than half the year, having been intrigued by the idea of working from the beach and not paying capital gains taxes. For its part, PR was pretty excited about the prospect of the hedge fund manager calling the island home on tax forms, as his presence would create a much needed you scratch our back we’ll scratch yours situation for the local economy. And while a spokesperson for Paulson has categorically crushed the dreams of the Commonwealth, apparently everyone has gotten over it pretty quickly and would like to make it clear that anyone with money to spend is welcome, nay, encouraged to come on down. Millionaires would be good, billionaires are better, but beggars/choosers/etc. Read more »

salliekrawcheck.jpgEarlier this week, the Post announced Sallie Krawcheck’s intent to be named Bank of America CEO, based on the statement she made to CNBC that she’s “fully engaged” in her gig as head of wealth management. SK has yet to come out and admit “you got me,” and Charlie Gasparino has already thrown in his two cents to say that “this broad” would be a terrible choice for the job, but fuck that noise, the Post is going full speed ahead on this one. Krawcheck wants this thing, bad. You might as well be blind if you can’t see that. Today they claim that the Kraw’s “campaign” for Bank of America’s top job “may have gotten a big boost.”

Read more »