hot tubs

Earlier this week, a dark cloud settled over the East Village. Specifically, East 1st Street, where economist Nouriel Roubini makes his home and where until recently, models and other hot women alike could seek refuge in his rooftop hot tub, which he’d added to the property several years back, and which could accommodate ten. It was the site of many good times: New Year’s Eve parties. Get-togethers to toast Wall Street 2: Money Never Sleeps. Monday nights when he just wanted to get wet with nine of his closest friends. But now, thanks to a meddlesome neighbor, hellbent on ruining Dr. Doom’s good time, and, sure, the fact that he never got any of the required permits to install the otherwise-illegal party deck, it looked like the good times were over. A friend familiar with the matter told the Post Roubini would “probably just move the hot tub inside” but wouldn’t that be an enormous letdown? A small consolation for those used to al fresco fun?

Still one couldn’t blame the doctor if he decided reinstating his adult-themed water park was more trouble than it was worth. And yet to do so would be to turn his back on his true self: a collector of postmodern vagina art; a lover of life; a man who once told the Financial Times a dreams of his is to one day be known as the maestro of fucking.

And that’s why not hours after the news of HotTubGate broke, Roubini had this to say: Read more »

Back in March, a young man named Greg Smith published an Op-Ed in the Times called “Why I Am Leaving Goldman Sachs.” Greg wrote that despite joining a firm that, in the beginning, cared about “teamwork, integrity, a spirit of humility, and always doing right by clients” and not “just about making money,” he’d ultimately come to be sickened by a place that, twelve years later, he couldn’t even recognize. A place that, on Lloyd Blankfein and Gary Cohn’s watch, had lost its way. A place that, he’d come to see, was devoid of any sort of morals, whatsoever. A place that needed to take a long hard look at what it had become. A place that, he predicted, was not long for this earth. Because unlike Smith, whose proudest moments in life– “being selected as a Rhodes Scholar national finalist and winning a bronze medal for table tennis at the Maccabiah Games in Israel, known as the Jewish Olympics,” respectively– involved hard work and no short cuts, “Goldman Sachs today,” Smith wrote, is all “about the shortcuts and not enough about achievements.” Goldman Sachs 2.o, one might say, hasn’t worked an honest day in its life and that didn’t feel right to Smith anymore.

The piece, which was said to come as shock to Goldman, did not please many people on the inside, nor did the $1.5 million deal Smith scored shortly thereafter to write Why I Left Goldman Sachs: A Wall Street Story, out October 22. Here’s how Greg’s publisher describes WILGS:

From the shenanigans of his summer internship during the technology bubble to Las Vegas hot tubs and the excesses of the real estate boom; from the career lifeline he received from an NFL Hall of Famer during the bear market to the day Warren Buffett came to save Goldman Sachs from extinction-Smith will take the reader on his personal journey through the firm, and bring us inside the world’s most powerful bank.

And while higher-ups at GS may have been initially worried about the potentially damaging revelations that would appear in the book, apparently time, a slap in the face and an order to ‘get it together you pustulant milquetoasts’ by the ghost of Lucas van Praag has resulted in this delightfully bitchy, exceptionally underminery comment from 200 West: Read more »

What does Adam Carolla think of the Occupy Wall Street movement? Glad you asked. According the former Loveline co-host, who expounded on the topic on his podcast yesterday, we are dealing with “the first wave of self-entitled pricks who think the world owes them a living.” You know what it reminds him of? If you “extrapolate this, it’s essentially what the terrorists did with us,” Carolla said. “They see us with our hot tubs, driving our big cars around, having our parties…chicks looking hot…fake boobs all around…and say fuck it, Allah’s gonna take care of these guys and then Allah doesn’t take care of shit and they come down and blow our buildings up. It’s one culture can’t live next to another culture that’s thriving.” How did we get here? The way Carolla sees it, we can thank a new phenomenon called “envy” which is “a big issue that didn’t used to exist in this country.” Read more »