New Jersey

At a gathering on Monday night at 740 Park Avenue in Manhattan for Diana Taylor, the girlfriend of New York City Mayor Michael Bloomberg, some of New York’s wealthiest considered a future without the billionaire in charge. There was considerable alarm about Bill de Blasio’s lead in the polls, along with his plan to raise taxes on New York’s upper echelon. “I fear for New York City if Mr. de Blasio gets elected,” said Muffie Potter Aston. “He just wants to tax everyone to smithereens. You have to be fair to everyone. You have programs that support all of the people of New York. But if you continue to tax what you see as the upper-income brackets, it’s still only going to be providing a small percentage of additional income.” [...] “I would love to support a fourth term for Mike Bloomberg. So if we can float that, you can say Muffie Potter Aston wants a fourth term for Michael Bloomberg,” she said. Her concerns about de Blasio were shared by her cohort. “I’ve never understood why New Yorkers vote against their own interests,” said Jacqueline Weld Drake. “New York is a city of financial entrepreneurs, of genius stock traders and bankers. It would be a smart idea to keep it that way. It’s not a city that’s going to benefit from high taxes because people who have substantial incomes have a choice. They have a choice of venues. New Jersey beckons. Florida beckons. All kinds of other states who do better at job creation. We are really biting the hand that feeds us. No question about it.” [WWD via Dealbook]

If you were going to try and extort money Bear Stears alum, how would you do it? Would you call him at his new job and talk trash about his wife? Would you call his house and tell his wife he was running around on her with another woman? Would you call his mother-in-law in New Jersey and breathe heavily into the phone? Or would you bring out the big guns and start sending pizzas, sometimes 20 at a time, to his home in New Canaan, as a sign you really meant business? Donato Anthony Minicozzi chose all of the above. Read more »

Whether they want to accept the olive branch or not is their choice. Read more »

  • 22 Feb 2012 at 11:49 AM

Warren Buffett Is Working Chris Christie’s Last Nerve

As you may have noticed, when New Jersey Governor Chris Christie doesn’t like a position someone has taken, he generally responds with some variation of telling the person taking it to go fuck themselves. Usually he adds little flourishes, like exaggeratedly rolling his eyes, or storming out of the room, or mocking people for being too sensitive, or letting his adversaries (constituents et al.) know that the decisions he makes are “none of their business,” or telling them things like “you should see me when I’m really pissed” and “get the hell off the beach– you’re done.” Most of the time he gives off the vibe that he would love to punctuate his comment by throwing the contents of a large fountain soda in his sparring partner’s face but he’s an elected official so a little restraint must be shown.

In an interview yesterday, Christie was asked about Warren Buffett’s call to raise taxes on the super rich and, spoiler alert, he thinks the Oracle of Omaha should shut his trap and fast, ’cause the Governor no longer wants to hear it. Christie sent the message via Piers Morgan but rest assured he’d gladly do it in person.  Read more »

Back in the day, as in 2007, Wall Street compensated its employees in a way that made them feel loved. In a way that allowed them to repress the true passions they would have been going after if the price were not oh so right. Now, obviously, not so much. Combine that with suffocating regulation and you’ve got a bunch of financial services hacks who are saying fuck this shit– I refuse to waste another day here while my dream of opening a line of Russian saunas in New Jersey slips away. So far just one guy– a Goldman trader in Moscow– has said that, but presumably the floodgates are about to open. Read more »

Earlier this week, Ken Langone invited 50 hedge fund managers and other financial services employees to his office. The occasion? A sit down with with Chris Christie, who the Home Depot founder apparently forced to discuss the possibility of running for president. Here’s what the New Jersey governor had to say: Read more »

The feat of strength was accomplished mostly through firing people but whatever, the point is he got the job done, as promised. Not only that, but he did the whole thing while planning a wedding at the same time. Read more »