Category: Published Work Web

Hilary Rosen Should Donate to Multiple Sclerosis Foundations »

I thought I was done blogging for the day. But, like Ann Romney, my sister suffers from Multiple Sclerosis. So, even though Hilary Rosen has correctly apologized for attacking Ann Romney for staying at home, being rich, and not representing economically-challenged women in America, I am still furious about the saga in a way, I [...]

The Ultimate Appeal of ‘Fifty Shades of Grey’ »

So, finally, thanks to a vacation, I got around to reading — well parsing — the bestselling phenomenon du jour: Fifty Shades of Grey by E. L. James, the romance novel that deals in S&M sex between the ludicrously named would-be dominator Christian Grey and his “oh-I-don’t-want-to-be-submissive-or-do-I?” partner Anastasia Steele. Why did I put myself [...]

A Letter from Vicky Ward »

A big change for me, and a bit of a new paradigm since I am now doing corporate communications -  as in crisis communications,  corporate reputation and “executive eminence” – advising CEOs – ” – at MWW, as well as appearing on Fox News and Fox Biz and writing my next book on the history [...]

The discreet charm of Lady McCartney »

It was a long way from a chance meeting in a parking lot in East Hampton, New York in 2007 to a wedding celebration in front of the world’s press at Old Marylebone Town Hall in London on Sunday. But you would have not have guessed this from the demure smile and quietly elegant demeanor [...]

Enough With the Stupid Studies »

“Does your child have the selfish gene?” ran the banner headline on the front of today’s Wall Street Journal. Like every parent, I suspect, I immediately ignored the rest of the front page about the world’s economic woes and headed, in a mild panic, straight for the really important stuff: are my kids helplessly biologically [...]

Heretical But True: The Very Polite are Not Digital »

Today’s front page of the New York Times has the story that two cornerstone books on “etiquette” (What is that? some younger readers might be asking) have been updated or adapted for the Digital Age. In part this is because both were published many years ago when the word “tweet” referred to a sound only [...]

Frustration of Justice – Here and in Italy »

Like many others I was gripped by the newscasts yesterday in the build-up to Amanda Knox’s release from prison after four years — which blissfully for the TV networks was delayed by almost two hours leaving plenty of time of suspenseful “filler”. The story had all the drama of a Shakespearean play. There was the [...]

What Really Happened With Yahoo and Carol Bartz »

At first I was horrified when I read what happened to Yahoo’s former CEO Carol Bartz. A phone dump? Like I think, most people, male and female, when I read the bare bones of the story — that out of the blue she’d been called by the chairman of the board Roy Bostock and given [...]

Today’s Headlines About the Arrest of Lehman’s Former Chief Operating Officer’s for Prescription Forging Have a Crucial Message for all Wall Street Firms »

So today my phone has rung off the hook. Why? The New York Times Dealbook broke the news that Lehman Brothers former COO Bradley (Brad) Jack, who owns the most expensive home in Fairfield, CT, worth $34.6 million was “charged with second-degree forgery and forgery of a prescription drug.” If he is convicted, he faces [...]

The Whirligig of Time Fails to Bring its Revenges »

A year ago, while Washington was grandstanding about the about lazy, unethical, risky banking practices that put the entire country at risk – I published a book. It was called The Devil’s Casino: Friendship, Betrayal and the High Stakes Played Inside Lehman Brothers (John F. Wiley& Sons) and it chronicled, among other things, the lazy, [...]

Jeffrey and Ghislaine: Notes on New York’s Oddest Alliance »

“I’ve got a story idea for you. The rebuilding of Indonesia. Or New Orleans. Or both. Go there. I’ve just been. You will never think the same way about anything again.” So spoke not Bill or Melinda Gates, but Ghislaine Maxwell, the 48-year-old woman being written up everywhere at the moment as the alleged “procurer” [...]

Goldstein on Gelt and an Announcement »

Here’s what we talked about on Goldstein on Gelt -which will air next Monday noon EST: Did new media and the democratization of news make it easier for women to rise in media? Is there a  bias in covering women in the media? And really the big question – which is why men are so [...]

Death Threat Warning »

Dear All, For the second time in my career I am receiving death threats from people who are afraid of what I might write. For the second time I will not be cowed. People who send me emails saying “Those who have money know how to hurt you” do not scare me. These bullies should [...]

The Storming of St. Barth’s »

On St. Barth’s, the chic-est Caribbean island, Christmas and New Year’s are the mad season. “During Christmas the energy is incredible,” says a longtime resident, who describes the island then as a “summer camp for wealthy, well-known New Yorkers,” business tycoons, music stars, and Hollywood celebrities. “It’s like the whole island is Studio 54 at [...]

Lady Gaga Submits Resume to Philip Treacy, Prepares to Make Coffee »

Just to show she is completely serious, pop icon Lady Gaga has just submitted her resume to London milliner Philip Treacy as part of her bid to intern for him this summer. A spokesperson at Philip Treacy said the resume was serious but also “pretty funny” — and that though there are many requests from [...]

Goldman Sachs Alum Receive Threatening Phone Calls From Their Alma Mater »

So they are calling Goldman Sachs “Little Brother”…. By “they” I mean the Goldman alum who have acted as TV pundits, bloggers or commentators on the firm in the past three days. Over the weekend they received repeated phone calls from their alma mater telling them to desist. “Hey you’ll play fair, won’t you?” the [...]

Senior Goldman Exec Is Married to Former Head of ACA »

Friday, as news of the allegations of fraud at Goldman Sachs spread, I got a call from someone who works in the insurance business. “Check out the former head of ACA” he said referring to the now-defunct and formerly down-graded bond insurer who asked the-not-so-omniscient hedge fund manager John Paulson to choose which securities to [...]

How Lehman’s Hidden Inner Circle Brought the Bank Down »

Senator Spencer Bacchus, the top Republican on the House Financial Services Committee is quite right to write to Lehman bankruptcy examiner Anton J. Valukas and ask to review communications between the Federal Reserve and the Securities and Exchange Commission about Lehman Brothers Holdings Inc, in preparation for an April 20 hearing into the Valukas report. [...]

Regulation Has To Come From Within »

So, in the wake of the damning report by U.S.-appointed bankruptcy examiner Anton Valukas, Dick Fuld, the disgraced former CEO of Lehman Brothers, has been called back to testify before the House. Summoned along with Fuld are the regulators — namely the Securities and Exchange Commission and the N.Y. Federal Reserve — who were supposed [...]

Why Did Lehman Behave So Idiotically? »

I haven’t yet finished Anton Valukas’ 2,200-page report into Lehman, but I feel like I could have written it for him. The Chicago-based lawyer told me recently that he was greatly looking forward to my new book The Devil’s Casino: Friendship, Betrayal, and the High Stakes Games Inside Lehman Brothers, just as I was looking [...]

Former Lehman Women React to “Doozie” of a Story »

On Monday night, in response to my article in this month’s Vanity Fair on Lehman’s Desperate Housewives (which was an excerpt from my forthcoming book, The Devil’s Casino: Friendship, Betrayal and the High Stakes Games Played Inside Lehman Brothers), hundreds (literally) of Lehman’s former women executives anxiously listened into a conference phone call helmed by [...]

Lehman’s Desperate Housewives »

Excerpted from The Devil’s Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers, by Vicky Ward, to be published this month by Wiley; © 2010 by the author. On Wall Street, they pay you so much that they own you. You know? So it’s different. They have your soul. You gave it [...]

President Obama, Gordon Brown, Deaths in Afghanistan and More British Deception Over Lockerbie »

Earlier today the White House put out a press release noting that President Obama spoke with British Prime Minister Gordon Brown and expressed his “disappointment” over the Lockerbie affair. (In case anyone has been under a rock these past few weeks, Brown has been at the center of a controversy over allegations that the Scottish [...]

Outrageous Claims of American “Disingenuousness” Over Lockerbie by Britain Must Be Stopped – and Real Facts Found »

Yesterday I wrote how Britain’s Sunday Telegraph claimed that Libya paid three doctors to give the Scottish government medical evidence that Abdelbaset Ali Mohmed Al Megrahi, 57, the convicted Lockerbie killer had only two or three months to live, when in fact he may have more. The British Mail on Sunday meanwhile queried America’s outrage [...]

The Lockerbie Cover-Up Must Be Investigated »

In Britain’s Sunday Telegraph, the British reporter, Andrew Alderson claims that Libya paid three doctors to give the Scottish government medical evidence that Abdelbaset Ali Mohmed Al Megrahi, 57, the convicted Lockerbie killer had only two or three months to live. In fact, other doctors, according to Alderson’s report, said in June that Megrahi who [...]

The Truth About Lockerbie May Now Never Come Out Thanks to Gordon Brown’s Thirst for Libyan Oil »

A few weeks ago, in July, US families of the Lockerbie victims gathered in front of a TV screen in both the British embassy in Washington, DC and in the consulate in New York. They were connected via video conference with Scottish justice minister Kenny MacAskill, who discussed with them both the options of prisoner [...]

Why Britain Should Apologize for Releasing the Lockerbie Killer – and Why it Won’t. »

I just received an email from a Madoff victim who is still reeling from the double-whammy of having watched his wealth vanish, and learning that the soft-spoken financier he considered a friend is in fact a crook – possibly it’s now been reported – with cancer. (Prison authorities deny this). He wrote me: “I hope [...]

Some Much-Needed Truths About Lehman »

I have not yet finished David Wessel’s In Fed We Trust: Ben Bernanke’s War on the Great Panic – mostly because – full disclosure – I’m scribbling away on my own book: The Great Mistake: The Fall of Lehman Brothers and the Weekend That Changed The World for John F Wiley & Sons, due this [...]

Exclusive: Andres Piedrahita Shamed By Media Into Leaving Mega-Yacht »

Never let it be said that journalism doesn’t reap results! Last week I wrote how Andres Piedrahita, 50, the major shareholder of Fairfield Greenwich, the feeder fund that lost $7 billion of investors’ money to Bernie Madoff, was summering on his new $30 million yacht, Oxygen. His publicist, Tom Mulligan insisted he was only on [...]

Madoff’s Chief Feeder Fund Exec Shamelessly Sails the Seas in His New $30 Million Yacht »

I have unwelcome news of Andres Piedrahita, the brash Columbian chief shareholder of Fairfield Greenwich, the investment group mostly owned by the Noel family, that gave half their money under management – 6.9 billion dollars- to Bernie Madoff, and yet who took one per cent of clients fees and twenty percent of their returns for [...]

Greenwich Mean Time »

December 11, 2008, began much like any other day for Walter Noel: the tall, silver-haired, 78-year-old businessman strolled into the headquarters of his Fairfield Greenwich Group, on Manhattan’s East 52nd Street. Then employing around 140 people, the company was a (supposedly) diversified alternative investment fund with $14.1 billion under management. Despite the recent turmoil of [...]

Manhattan’s latest parental punishment »

I have seldom been as relieved to read an article as one that appeared last week by New York Times writer Andrew Das. It began: “In the moments after I felt the pop in my left shoulder, the sensation I felt was not pain. It was panic. How exactly does a 40-year-old man explain to [...]

The Big Apple is learning to live again »

The Russian businessman I was having a drink with lived in London. “I prefer London to New York right now; in London not everyone talks about their depleted bank balance; in New York everyone does,” he said. I agreed. But then a friend took me for a late dinner at a restaurant I’d never heard [...]

Of Course Michelle Cannot Go Sleeveless To Have Tea With The Queen! »

Anyone who thinks Michelle Obama should use tea with the Queen as an experimental fashion platform is sadly deluded. I cannot believe some of the suggestions I am reading on this site. Bare shoulders at Buckingham Palace during the day would be seen as a tremendous insult to our monarch. Do Americans not realize that [...]

Sex appeal takes years to master »

Details magazine has dictated that the sexiest woman on the planet is not Scarlett Johansson, or Gisele Bundchen, but Jennifer Aniston — who is 40. Meanwhile, People magazine puts Italian actress Valerie Bertinelli, 48, in a bikini on its cover. Cindy Crawford, 43, is covered in soap suds in Allure. There’s a celebration going on [...]

If We ‘Kill the Rich’, Don’t We Kill the Dream? »

My neighbor at dinner, a hedge-fund manager originally from Texas, was emphatic. “If your only identity is in your job or your money then there is no point living in New York any more,” he said. “Anyone who thinks like that will leave.” He had a point. This town seems to have become unhinged by [...]

The Guillotine Hasn’t Arrived Here Yet »

These days it’s not just financial journalists who follow the movements of financiers. So, too, do the entertainment channels and press. Who could have predicted the day would come when OK! magazine would care what mode of transport Ken Lewis, Bank of America’s chief, uses? But according to the New York Times, these topics are [...]

Ponzi Ponies are Safe »

Following inquiries with locals in North Salem, I am happy to report that the ponies formerly stabled with Paul Greenwood, the alleged fraudster, are safe. They were quickly moved and dispersed among other stables up and down the East Coast as Greenwood realized the net was closing in on him, according to local sources. What [...]

Concern for Ponzi Ponies »

For all those worried about the hundred or so valuable show ponies stabled in North Salem by alleged fraudster Paul Greenwood and his wife Robin, let me give them an update – with hopefully another to come. After Greenwood, 61, and his partner Stephen Walsh were arrested last month for allegedly siphoning off $500 million [...]

Pity the poor Englishman in Manhattan »

My English friend was worried. “I guess the next step is getting American-accent lessons,” she said over dinner the other night. She is a peer of mine — we were at Cambridge together — and she has wound up in New York working in a senior position for an American bank on Wall Street. We [...]

Did Thierry de la Villehuchet Invest in Fairfield Greenwich? »

Among the articles in Vanity Fair’s April issue is a report I did on the Noels, the infamously good-looking, gregarious family of Walter Noel, founder of the investment group Fairfield Greenwich, which had $6.9 billion—almost half of its assets under management—invested with Bernie Madoff. Now that that money is all gone, Fairfield Greenwich is being [...]

Inside the Mini-Madoff Scam »

New York’s latest financial criminal mastermind — and remember, we now have one a day being unveiled — is Paul Greenwood, 61, the bow-tied town governor of North Salem, New York’s horsey area. (Until recently it’s where the American Olympic equestrian team trained.) Greenwood spent the alleged $500 million he is accused of siphoning off [...]

The price of a teddy bear picnic – £50,000 »

New York’s latest financial criminal mastermind — and remember, we now have one a day being unveiled — is Paul Greenwood, 61, the bow-tied town governor of North Salem, New York’s horsey area. (Until recently it’s where the American Olympic equestrian team trained.) Greenwood spent the alleged $500 million he is accused of siphoning off [...]

New York in Shock While LA Rocks! »

W hile New Yorkers suffered minor heart attacks on Friday, as banking stocks plunged to levels not seen since 1997 around 2pm – before turning around and climbing back up, LA, so friends told me, was basking in sunlight – and its own glory. In fact even as he watched Bank of America’s share-price nosedive [...]

Let frivolous fashion defy the NY blues »

New York Fashion Week is here – and, as Lela Rose, the Texan designer, says as she threads her needle and fits her models, “the show must go on.” “We need a little pick-me-up,” she emailed me, “and I actually think the upcoming week should be a way to move forward. That doesn’t mean we [...]

Esther Reed: How an Ordinary Girl Faked Her Way Into the Ivy League »

T oday in a courtroom in South Carolina, Esther Elizabeth Reed’s fantasies finally ended. The 30-year-old brunette, who has spent eight of the past ten years on the run, often entering Ivy League schools under adopted fake identities, and evading cops with an extraordinary web of deception faces up to over four years in prison. [...]

Bad times bring out the best in Manhattan »

Another day, another one bites the dust. Friends everywhere are losing their jobs. They’re bright. The New York Times described the growing ranks of the city’s unemployed as the new chic club in town. In part, this is because the people who are losing their jobs are the best and ergo the most expensive talent [...]

Cloud-cuckoo-land on Wall Street »

“How much should a Wall Street CEO get paid?” The question got bandied around on Thursday night at dinner — by a bunch of Wall Street CEOs. The question was the topic of the day following coverage of the extravagant ways of John Thain, former CEO of Merrill Lynch, who spent $1.2 million on his [...]

Let’s Hear From The Madoff Women »

Every day turns up an astonishing new detail of the incredible story of Bernie Madoff and his $50-billion Ponzi scheme: aside from Obama’s inauguration, New York can talk of little else. And some of the new angles are very odd. It’s just been reported that Bernie’s late mother, Sylvia, herself had stock-trading troubles. In 1963 [...]

Take that smug smile off Madoff now »

Today prosecutors will make their case that Bernard Madoff should be jailed for violation of bail conditions. On Christmas Eve he mailed out trinkets worth more than $1 million to family members. His defense lawyer says Madoff had no idea he was doing anything wrong and that these items were sentimental. Prosecutors argue his act [...]

Haggling my way through the blues »

I wish I could say that this holiday season has felt as cheerful as usual. But the emptiness in New York’s streets and stores both on December 24th and 26th merely amplified the depressing retail statistics. Eager sales assistants hawked their marked-down wares with an enthusiasm bordering on desperation. “I can hold any item for [...]

Just don’t tell us what your manicure costs »

“What recession?” shouted the front page of the New York Post last week, beside a picture of a blonde Swedish countess, Marie Douglas-David. Douglas-David, a former banker at Lazard, is divorcing her husband of six years, George David, former CEO of United Technologies and worth hundreds of millions of dollars. She is reportedly refusing to [...]

Spot the next Madoff is our new parlour game »

It began with the names of corporate victims who had lived high on debt, such as Viacom CEO Sumner Redstone, casino king Sheldon Adelson and Lehman president Joe Gregory. They lost houses, planes or boats worth millions. Who knew they financed their mansions with debt? Now it’s our turn. Friday’s unveiling of Bernie Madoff’s alleged [...]

Time to Blame Our Own Greed For the Madoff Mess »

The mass hysteria surrounding Bernard Madoff’s alleged $50 billion ponzi scheme just leaves me with one question. When are we going to stop talking about Madoff’s “victims” or “foolish investors” and instead ask investors to take responsibility for their own actions? Madoff’s scheme was alluring. The guy was low-key and likeable; he was hard to [...]

With Her Legs, Palin Didn’t Need a Makeover »

So, just when I’d hoped Sarah Palin would disappear from public consciousness, it seems we can’t get rid of the former Republican Vice Presidential candidate. She’s everywhere and so too is the ongoing controversy over her ultra-expensive Hollywood style “make-over”. This weekend New York Times revealed details of the $165,000 the Republican party had spent [...]

With her legs, Palin didn’t need a makeover »

Just when I’d hoped Sarah Palin would disappear from public consciousness, it seems we can’t get rid of the former Republican vice-presidential candidate. She’s everywhere and so, too, is the controversy over her ultra-expensive Hollywood-style “makeover”. This weekend, the New York Times revealed details of the $165,000 the Republican party had spent on three stylists, [...]

For One Fearful Moment I Long For Home »

On the eve of Thanksgiving, just as I was about to go on TV to deliver a light-hearted spoof about what life would be like for Barack Obama without his BlackBerry, the screens filled with the terrible footage of the attacks on Mumbai. While we watched the gruesome spectacle, ticker-tape warnings at the bottom of [...]

No One Wants to End the Party »

Read the papers, watch TV – and we’re told a global recession of almost depression proportions is taking place, fragmenting the social hierarchy. At the bottom end there is tragic chaos represented by suicides and rising crime. At the top, there’s divorce, misery and a small effort to be less ostentatious about one’s wealth. Meanwhile [...]

For some, this crisis is on another planet »

We’re told a global recession of almost Depression proportions is taking place, fragmenting the social hierarchy. At the bottom end there is tragic chaos represented by suicides and rising crime. At the top, there’s divorce, misery and a small effort to be less ostentatious about one’s wealth. Meanwhile, in the middle, according to New York [...]

Cancel Christmas – sorry, but no one gets anything this year »

Given that it hasn’t yet got properly cold here, it feels like a very strange hallucination. In a naked effort to make us forget that we are living in an economic meltdown, the stores are full of Christmas trees and fairy lights. Their illusion makes you feel you are in some sort of dream world [...]

The Mansion Trap »

I n January 1995, Veronica DeGruyter Beracasa de Uribe Hearst gave an intimate lunch for Diana, Princess of Wales, in her opulent apartment on the corner of Fifth Avenue and 66th Street. The Princess was in New York to give an award to the then editor of Harper’s Bazaar magazine and fellow Englishwoman, Liz Tilberis. [...]

Never Give Up »

F or a moment last week, around midnight on Tuesday, we all went mad with joy. Mad in a way I’ve never seen or heard. As I went to bed around 4am I could still hear the screams from people in the street: “We did it.” Emails came in from friends the next day “I’m [...]

My night of joy, then exhaustion dawns »

F or a moment last week, around midnight on Tuesday, we all went mad with joy. Mad in a way I’ve never seen or heard. As I went to bed around 4am I could still hear the screams from people in the street: “We did it!” Emails came in from friends the next day: “I’m [...]

Art, Politics and Soul in New York »

If you weren’t in Times Square tonight, the only place to be was downtown in the West Village at Gavin Brown’s gallery for an installation by Jonathon Horowitz called Obama ’08. Hundreds of artists, including Piotr Uklanski and Elizabeth Peyton along with collector Peter Brant, model Jessica Joffe and one of the Olsen twins crammed [...]

Obama’s Family Loss »

When I first heard of of the passing of Madelyn Dunham, 86, grandmother of Barack Obama, my reaction was like that of my friends: “Oh no. How tragic she missed this by just a few hours: the likely culmination of an historic journey to the Presidential nomination by her own flesh and blood.” This morning’s [...]

I can’t wait till all the shouting stops »

We’re finally here: tomorrow is Election Day. You could cut the tension with a knife. Many of my friends have been stumping in swing states for Obama over the weekend, terrified that at the last moment a “Bradley effect” could rob him of the victory the polls predict. I don’t think this will happen. H [...]

Laugh, Baby, Laugh »

I love the concept of the “Smash Shack” the store opened in San Diego, where according to CBS News, victims of the credit crisis are taking out their frustrations by buying fragile objects and hurling them against the wall. I haven’t got to that place mentally myself. But nonetheless I think the “Smash Shack’s” basic [...]

Obama is short of fans on Wall Street »

The other evening I went as a guest of friends to a dinner to raise money for a hospital in New York. This was the same hospital where my twins were prematurely born. On entering this world they weighed only 2lb and 3lb respectively, but went on to thrive. So I was glad to be [...]

Uh-Oh, Now I’m in Love With a Vampire »

B ack before the fall of Lehman Brothers and the global economic collapse, I had a dirty little secret: my weekly addiction to the TV series Gossip Girl, about the absurdly rarefied lives of a fictional group of wealthy New York teenagers. Now ratings for the show are soaring: more than ever, people want cheap [...]

Uh-oh, now I’m in love with a vampire »

Back before the fall of Lehman Brothers and the global economic collapse, I had a dirty little secret: my weekly addiction to the TV series Gossip Girl, about the absurdly rarefied lives of a fictional group of wealthy New York teenagers. Now ratings for the show are soaring: more than ever, people want cheap escapism. [...]

How Poor Are You? »

“How poor are you?” That’s what formerly rich guys ranging from hedge-fund kings and tech pioneers to bankers and trust-fund heirs are now asking each other at dinners around town. This group doesn’t care who ends up buying Wachovia. That’s all background news; just one more sorry piece of detail in the carnage of a [...]

The silicon chips aren’t down yet »

“How poor are you?” That’s what formerly rich guys ranging from hedge-fund kings and tech pioneers to bankers and trust-fund heirs are now asking each other at dinners around town. This group doesn’t care who ends up buying Wachovia. That’s all background news; just one more sorry piece of detail in the carnage of a [...]

And a small glass of Chateau Plonk, please »

L ast week saw not just the initial failure of Hank Paulson’s bail-out bill but also the death of the $800 bottle of wine. “It’s just not OK to have that on your expenses at a time like this,” one restaurateur says he has been told by banker clients. In this cut-throat world of mergers [...]

Will’s Cup of Tea »

On June 16 royal photographers waiting to capture Britain’s Prince William, 26, in flowing velvet robes outside St. George’s Chapel, in Windsor, were caught by surprise. Just before the start of the 660-year-old ceremony, in which the Prince was to be made a Royal Knight of the Garter, a car containing his younger brother, Prince [...]

Lose your job and watch friends vanish »

Alberto Vilar once promised so many millions to both New York’s Metropolitan Opera and London’s Royal Opera House that his name was engraved in both places — only to be removed in 2005, when prosecutors charged him with stealing most of his fortune. But the former financier said that what has hurt him most in [...]

Explaining the Lehman Culture Clash »

“I understand why the British are livid,” said a friend (American) who is high up at Lehman. My friend was talking about the Sunday front page headlines – screaming that a $2.5 billion bonus pot was being retained – from the English bankruptcy court – by Barclays to pay eight US senior executives who had [...]

Women should beware male spinsters »

F or some reason, in the last week or so I’ve had a series of lunches and dinners with friends who are male, single, over 35 and never-married. Men like this were traditionally labelled playboys, a term implying they possessed a rakish charm and a wariness of settling. New York is full of them, since [...]

Will Hillary Rain on Obama’s Parade? »

The story I’d been hearing for some time has finally emerged in the mainstream media: namely that Hillary Clinton, her husband, Bill, and many of her major financial supporters, known as “bundlers” are so livid at what they see as underhanded — I’ve even heard it called “vindictive” — play by the Obama team, that [...]

Not Even a Woman Can Win It For McCain »

F riday saw a brilliant move by John McCain in choosing Sarah Palin, the 44-year-old governor of Alaska, to be his running-mate. Theoretically, if you look at the polls which had McCain close to the Obama-Biden ticket before this announcement, his appointment of Palin ought to make up for all his deficiencies. Palin is young. [...]

Be Very Afraid of The Hockey Moms »

Like 37 million American viewers last Wednesday night, I sat transfixed as I watched the previously unknown figure of Sarah Palin turn herself into the angel of the Republican party. But the burning issue in my mind was: what is a hockey mom? OK: I am British, and I’ve never touched an ice hockey stick. [...]

Lehman’s collapse rattles the really rich »

T he phone has rung off the hook all weekend. “Are you OK?” I’ve asked friends whose husbands have been at Lehman Brothers. No, of course they are not. They just saw everything they’ve worked for go down the drain. A lunch barbecue with a Lehman executive who has been there 16 years was cancelled. [...]

Be very afraid of the hockey moms »

Like 37 million Americans last Wednesday night, I sat transfixed as I watched the previously unknown figure of Sarah Palin turn herself into the angel of the Republican party. But the burning issue in my mind was: what is a hockey mom? As a New York mother, I don’t believe the subject has ever come [...]

Not even a woman can win it for McCain »

J ohn McCain made a brilliant move in choosing Sarah Palin, the 44-year-old governor of Alaska, to be his running-mate. This appointment ought to make up for all his own deficiencies. Palin is young. She’s female. She’s attractive; she’s got some celebrity, having been the runner-up in a Miss Alaska beauty pageant. She also wins [...]

Will Hillary rain on Obama’s parade? »

T he story I’d been hearing for some time has finally come out in the open: Hillary Clinton, Bill, and many of her major financial supporters, known as “bundlers”, are so livid at what they see as underhanded play by the Obama team that they intend to eviscerate what ought to be Obama’s coronation at [...]

Creative Brits are the talk of the town »

In New York, the pre-movie hype about Woody Allen’s latest movie, Vicky Cristina Barcelona, had all been about the kiss between Penélope Cruz, onscreen and real-life girlfriend of male lead Javier Bardem, and America’s modern version of Marilyn Monroe, Scarlett Johansson. So as I shovelled down popcorn at the New York premiere last week I [...]

It’s official: guys can wear shorts to work »

F or women, dressing for summer here is a whole lot easier (and cheaper) than in London. You know that stepping outside will feel like walking into a blast furnace, so you choose pretty light sundresses and then you buy a cardigan to battle the freezing air-conditioning inside. But for the men? I have long [...]

I’ve almost put my sons on the stage »

T he light-bulb went off while I was driving home last weekend. From the back seat of the car, my twin five-year-olds burst into song: “I’m a joker, I’m a smoker, I’m a midnight toker …” I have no idea where they heard such unsuitable lyrics (well, actually I do – their father will be [...]

Divorce is Up, Personal Trainers Down »

L ast week, in the wake of the near-implosion of mortgage insurer Fannie Mae, and with rumors swirling about the fate of Lehman Brothers, where the stock has plummeted 70 percent, I got an email from a friend. Instead of his usual pithy jokes — he sent me his investment fund’s second quarter report. He [...]

Divorce is up, personal trainers down »

Last week, in the wake of the near-implosion of mortgage insurer Fannie Mae, and with rumours swirling about the fate of Lehman Brothers, where the stock has plummeted 70 per cent, I got an email from a friend. Instead of his usual pithy jokes, he sent me his investment fund’s second-quarter report. It read: “Even [...]

Tough times, but still they keep giving »

New York’s billionaires, it seems, have not really noticed the downturn. They still spend their summers on lavish yachts in Europe, and are still flying in their own planes. Hearteningly, they also continue to give philanthropically on a vast scale. Earlier this year, Blackstone Group chairman Stephen A Schwarzman gave $100 million to the New [...]

Oh, for the days of divorce with dignity »

The headlines here recently seem to have all been about sex – and costly, illicit sex at that. First there are the lurid details exposed in the divorce trial between model Christie Brinkley, 54, and her fourth husband Peter Cook, 46, who allegedly cheated on her with an 18-year-old and had a penchant for looking [...]

Time for Obama to Grow Up »

A few months ago I went to a luncheon on New York’s Upper East Side and saw Michelle Obama speak, without notes, without hesitation. Her husband was at that point still the underdog in the Democratic primary race, but the excitement in that room was palpable–and his wife lifted it further. She talked for almost [...]

Good Luck Angelina! »

As Angelina Jolie bravely brings twins into this world, she has my good wishes—and encouragement, since raising twins, as any parent of multiples knows, is something completely different from raising siblings one at a time. Before I gave birth—somewhat dramatically and very prematurely—to my twin sons, one cold February morning five years ago, I thought [...]

The Loneliness of the Long-Distance Supermodel »

I know what it’s like to face a birthday and ponder the meaning of life. This Thursday is my birthday, and thinking about turning a year older has been keeping me up at night. Someone once said to me, “You’d better know where you are going when you reach your mid- to late-30s—otherwise it’s a [...]

Trial runs for Wall Street’s finest »

It’s muggy here – a point emphasised by the increasing number of sweating brows I’ve watched on TV the past week. These brows mainly belong to men in suits who are on their way in and out of courthouses on charges of white-collar crime. One theory, according to prosecutors and TV pundits, is that desperate [...]

Michelle will be a fine feisty First Lady »

A friend saw Laura Bush recently and told me how “poised” our First Lady was: “petite” and “gracious”, a “listener”, not a talker. These are the traditional qualities we are supposed to admire in a First Lady. Feisty Democratic women have had a harder time fitting the mould than their Republican counterparts, except for Jackie [...]

Talking Politics in London »

I returned from London last week after a whirlwind trip of reporting for Vanity Fair and seeing old friends. It’s funny how the very second you get off the plane at Heathrow, life seems to slow down compared to Manhattan’s frenetic pace. (Unless, of course, you are Naomi Campbell and Heathrow baggage-handlers have lost your [...]

London, you’ve changed for the better »

For the first time in a year I have spent the week in London, working and seeing friends. It has been an eye-opening experience; after all, it has been 11 years since I lived here. I was expecting to complain about the weather. When I left New York the temperature was in the high nineties. [...]

My nursery shame as a no-show mom »

It was the one item in the diary marked “DO NOT MISS”, scheduled for 10.30am on Thursday. What occasion merited such urgency? My children’s graduation ceremony … from nursery school. Given that my parents did not make it to my university graduation, I was amazed to receive emails from other (more involved) parents advising me [...]

Big Apple macho men spin out of control »

I will readily confess to being a New York gym rat: I like to go for a run or workout on the elliptical machines. The only times it isn’t relaxing is if I happen to enter the gym at the same time as the “spinning” class is taking place; then, you can literally smell the [...]

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