tiffs

When Mark Hughs founded a multi-level marketing company called Herbalife in 1980, he probably thought it had the power to do a lot of things. Help people lose weight. Makes others rich. Shake up the diet industry. What he mostly likely did not expect, however, was that his li’l company that could would reignite a feud between two billionaires that would devolve into a flurry of press releases quibbling over who was dying to be friends with whom, shouting matches on live TV, and, we predict, someone telling someone else he has a right mind to “Rip the eyes out of your head and piss into your dead skull! You messed with the wrong hedge fund manager!” Read more »

In response to Icahn telling Bloomberg he neither likes nor respects the Pershing Square founder, Bill Ackman got a couple important points of his chest last night, the first being that the feeling’s mutual, the second just a little bit of Wall Street trivia: you can tell Carl Icahn is lying if his lips are moving. Read more »

Last month, we learned that at some point over the summer, Richard Kimball Jr. had left Goldman Sachs. Not knowing his plans, at the time we speculated he was either starting his own hedge fund, as former bankers, particularly ones who’ve been partners at Goldman, tend to do, or designing a line for La Perla, as people whose adult pool parties and clothing-optional Halloween gatherings that enrage the neighbors also tend to do. Today, however, we were informed that we were wrong on both counts. While owning a hedge fund or designing lingerie seem like they would fall in Kimball’s wheelhouse, his new gig is actually more perfect for him than anything would could have imagined. ‘Cause when one thinks of Rick Kimball Jr, one thinks PAR-TAY ANIMAL. And when you’re a par-tay animal on the level of The Kimballer, you need to take important steps to ensure the party don’t stop. Safeguards, if you will. One reason often cited by people who’ve been engaging in some hard partying for “never doing that again” is the desire to not suffer crippling hangovers the next day. But what if Rick Kimball told you you could party like no one was watching without ever waking up to another hangover again? Would that sound like something you’d be interested in? Because what we’re saying is: Rick Kimball is currently running a hangover prevention company.* Read more »