Everything Cool At Third Point

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We often stay up nights wondering if our billionaire fundy friends are secretly hemorrhaging money, seconds away from being forced to shutter it up and call it a day. So it's nice when we can, for instance, check Third Point off the list. Founder Dan Loeb finally closed on his $45 million, 10,674 square foot penthouse at 15 Central Park West, paid for in cash. We take that to mean things are fine, for now. Joy! We'll sleep a little better tonight, except for that nagging feeling that Pirate Capital's Jolly Roger is headed into a shit storm, a sense we get not from any sort of P&L intel, per se, but because sources tell us Tom Hudson is three months behind with rent on his mausoleum.*
15 CPW ALERT! Loeb's $45 M. 'Panorama' [New York Observer]
*The "powers" that be around here want me to tell you that I'm just kidding about the delinquent payments. We're sure Tom has all his affairs in order.

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