Dance Puppets Dance

Remember how Damien Hirst said he’d never make his meh dot paintings again, forcing their market value to skyrocket? Remember how he then went psyche! and started making dots again, showing them off at 11 simultaneous exhibits in all of the Gagosian galleries? Here’s his latest nifty hustle. If you manage to visit all 11 shows before they close, Hirst will personally give you spots, ahem — “a signed spot print by Damien Hirst, dedicated personally to you.” You have a month to jet set from Hong Kong to Athens to Paris to New York. Go. [ANY via DI, related]

  • 09 Aug 2010 at 11:25 AM
  • MBAs

Hedge Fund Manager Richard Perry Also Gifted Party Planner

Things have been going prettay prettay prettay well for Richard Perry these last six months. His fund, Perry Capital, is up nine percent year to date, his beastly neighbors have quit bitching about the fact that he was burning their eyes out, and this past weekend, his daughter got married to a HBS grad who could potentially take over the family business one day (the SIL is an analyst at the Baupost Group). And speaking of the nuptials! Richie can be credited with not only making sure the celebration had the puffiest shrimp money could buy and a cake that was to die for but delightful ambiance and riveting entertainment for his guests as well. Read more »

  • 24 Feb 2009 at 2:05 PM

What Will Citi ‘Do’ For Its Largest Shareholder?

Picture 767.pngCharlie Gasparino points out the most important aspect of the maybe Citi-Gov deal that has been entirely, shamelessly, overlooked thus far. If the US takes a forty percent stake in the Big C, it’ll displace Prince Alwaleed as the single largest shareholder. First off, taking the Prince’s feelings into consideration, this is devastating. Sure, in the beginning, Vikram et al will probably act as though ‘leed is still important to them but you know before long Pandito will be all, “I actually gotta take this call,” heretofore NEVER interrupting the Prince during one of their marathon phone conversations. After a while, he’ll be “some guy we used to know in Saudi Arabia.”
Brushing those tears aside, however, an important question must be answered. According to CG, when Alwalweed would say ‘jump,’ Citi would ‘jump three feet, so you’ve got to multiply that by ten for the government and it’s 30 feet’ (the math behind this apparently being that Al has an approximately 4 percent stake and 40/4 = 10 * 3 = 30 ft). But obviously there’ll be other preferred treatment besides jumping associated with having your tentacles in C, and we need to determine now what kinda sick stuff the senior staff and board are willing to do. Wining and dining, sure, but are we also talking, like, A to O?