The Global 24/7 business blog with emphasis on Wall Street soap operas, stories of greed, scandals, and, of course, divorces
A 27 year old divorcée has turned up dead at the suburban home of a former executive for Anheuser Busch, August Busch IV The Associated Press is reporting that a 911 call was made from the home of August Busch IV (playboy beer executive who divorced his much younger wife in 2009) to report a young woman, …
Divorcée Erin Callan was CFO of Lehman Brothers (and pretty much Richard Fuld’s prodigy protegée ) for a few months before the bank’s spectacular implosion in the heady post-2008 crisis era.Since that time, Ms. Callan has worked briefly for Credit Suisse and then quit, and literally disappeared from Wall Street. Now all the hounds want to …
Barry Diller and John Malone split: Barry Diller and John Malone have had a long, odd and sometimes contentious corporate marriage. Now they’re getting a divorce. Malone’s Liberty Media plans to swap out its equity stake in Diller’s Internet conglomerate, IAC/InterActiveCorp, in exchange for $220 million in cash and for IAC’s Evite and Gifts.com businesses. …
Read moreBarry Diller and John Malone finalize their divorce
High maintenance Starbucks is seeking a divorce from sugar-daddy/older man, Kraft, and the reason cited is that Kraft has not been keeping up his end of the bargain by spending enough money on advertising how wonderful Starbucks is. Besides, Starbucks wants to be independent now. She doesn’t need a sugar daddy anymore. According to Reuters: …
Seems while I was out getting a face lift, (hahahha – you don’t know how hilarious that is 🙂 ) Tina Brown, Editor in Chief of Daily Beast and the boys over at Newsweek worked out their differences and disagreements over the prenup and decided to walk down the aisle after all. So as of today, …
Read moreOn Tina Brown's ironclad, divorce-proof prenup with Newsweek
NASTY DIVORCE SPLIT FOR MYSPACE FOUNDER CHRIS DEWOLFE Multi-millionaire founder of Myspace Chris DeWolfe and his wife Lorraine are in the midst of a nasty divorce that involves restraining orders and child welfare services. According to Radaronline, Mrs. DeWolfe contacted Los Angeles police and obtained a restraining order for herself and her daughter against her …
Read moreMYSpace founder Chris DeWolfe in acrimonious divorce split from wife Lorraine
DIVORCE OR SEPARATION FOR MORGAN STANLEY AND PETER MULLER? Financial reform has destroyed yet another successful Wall Street marriage: that of Morgan Stanley and Peter Muller, head of the bank’s “Process Driven Trading Unit”. According to CNBC, it doesn’t look like a full blown divorce. Just a separation. Of sorts. There is a separation agreement, …
Read moreDivorce for Morgan Stanley and Peter Muller? Or just a temporary separation?
Le Divorce: Corporate lovers Daily Beast and Newsweek break up Oh my heavens. Congratulate me on my restraint. I didn’t spell out the cuss word in the title. But whaaaat? I was so excited about this marriage between Tina Brown and the Daily Beast and Newsweek! Now I get wind that they woke up with …
Read moreOMG, Newsweek and Daily Beast are divorcing after 24 hr pre-nuptials – WT_?
CAN TINA BROWN’S DAILY BEAST AVOID DIVORCE FROM NEW SPOUSE NEWSWEEK? Seems Newsweek and Daily Beast are marrying merging with each other but many, like those over at Dailyfinance.com think this is a lose lose proposition since they have both been losing traffic and are “operating in the red.” Tina Brown, Editor of Daily Beast will become …
Read moreNewsweek and Daily Beast to wed: Can you picture what the divorce will look like?
Tyco’s Dennis Kozlowski’s divorce is very illuminating as far as the shenanigans of ex wife Karen Since I have absolutely no shame, I am going to admit that until tonight when I was watching American Greed (yes, that means I did not have a date tonight for all you single billionaires out there) I did …