One of our favorite hedge fund wives wears white before Memorial Day at this week’s Tribeca Ball.
Lisa Maria Falcone
Several months back, it came to light that Phil Falcone had loaned himself some $113 million from one of Harbinger’s funds to pay personal taxes. He didn’t tell anyone about it at the time because he hadn’t thought it was that big a deal but when investors finally heard about it in November, it turned out they were mighty pissed. Goldman and Blackstone pulled their entire investments from the flagship fund and even though they should’ve take the loan as a postive sign (Falcone pays his taxes! Not everyone does that!), a bunch of clients feared it was a harbinger of not very good moments to come (some where also miffed about the fact that the loan was taken from a fund in which redemptions had been suspended). We too were a bit worried and couldn’t help but going to the dark place in which Wilbur, the Falcone’s piano-playing pig was laid off, Lisa had to sell the crown jewels of her wardrobe (including The Gladiator, Mermaid Chic, and Slutty Peacock, and the couple’s bar-in-closet could no longer stock top shelf liquor. The whole thing was very stressful, so today’s news brings some sweet relief. Continue reading »
Is there nothing this woman can’t do? The answer is no. Whether it’s playing soccer in jewels, teaching a pig how to play the piano, demonstrating “school-girl chic,” keeping a hockey player happy, dressing herself while inebriated, attending galas on crutches, shoe shopping with a broken foot, dancing her ass off, and or producing an “emotionally touching” film, this chick does it all. Next, I say Phil gives her a shot at her own portfolio. Unless of course he’s threatened by her presumably formidable market savvy. [Hamptons]
You can break her foot, sneaky Vespa bike, but you will never break her spirit, or sense of fashion. Continue reading »
When you’re the wife of a wealthy/powerful/prominent man, you have to be ever vigilant to follow the rules. You have to act a certain way, dress, a certain way, think a certain way. You don’t want to do anything that would potentially embarrass your husband and/or cause trouble for him professionally. For the most part, you have to be boring, at least to the naked eye. There are lots of women who get in line with this reality, figuring it’s the price they’ve paid. Not Phil Falcone’s leading lady, Lisa Marie. She marches to the beat of her own drum, gets out there and says, here I am, world, out of the box fashions and all! And I’m going to dance on this table and not give a baker’s fuck what you or anyone else thinks of me! Continue reading »
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