A 12,000 square foot Fifth Avenue duplex apartment owned by the recently deceased financier John Gutfreund is on the market for $120 million. That’s where you end up after being run off Wall Street for illegal behavior.
Happy Birthday
The man to blame/credit for turning the city into one big set for the new Sex and the City movie is celebrating his birthday today: SATC director/producer Michael Patrick King is 55. Singer/professional trainwreck Amy Winehouse is 26. The rapper Nas is 36. John Gutfreund, famed '80s financier and Mike Bloomberg's old…
'Your Fucking Book Destroyed My Career'
Henry Blodget, the Wall Street analyst returned to journalism, wrote that Michael Lewis' (last?) Portfolio article on short-seller Steve Eisman and the collapse of Wall Street generally is "pure pleasure from start to finish." It's true; it's the sort of piece that will keep you up late, assuming you're remotely…
The End of Wall Street
Worth reading if you have the time (and you're interested in this sort of stuff): Michael Lewis's lengthy take on the financial crisis, especially the part when he meets up with John Gutfreund twenty years after the publication of Liar's Poker: "Your fucking book destroyed my career, and it made yours." [Portfolio]
The Big Bonus Will Live On Forever
What are the chances the big, fat Wall Steet bonus will go the way of the three-martini lunches (or mortgage-backed securities)? "Slim to none,'' says John Gutfreund, the former CEO of Salomon Brothers and the man responsible for ending Michael Bloomberg's career in investment banking in the early '80s. "They…
Happy Birthday
Author James Frey turns 39 today. Another author who has dealt with a bit of controversy is celebrating, too: Jessica Seinfeld, the wife of Jerry Seinfeld, is 37. Restaurateur Stephen Hanson is turning 59. Sculptor Robert Gober is 54. Photographer Nan Goldin is 55. Emmy Rossum is turning 22. Actor Benjamin McKenzie is…
Gutfreund's Money Troubles
John Gutfreund isn't having a good summer. The former chief executive of Salomon Bros (and the man who ended Mike Bloomberg's career on Wall Street) has had the apartment at 834 Fifth Avenue he shares with wife Susan slapped with a $430,000 lien by the IRS. Fortunately he won't have to pay anything to drown his…
J.P. Gutfreund: Not So 'Inocente'?
Tequila is the new vodka, haven't you heard? That's what J.P. Gutfreund—the 22-year-old son of John and Susan—is hoping at least. Notwithstanding the fact that marketers have been pushing just such an idea for a few years now, J.P.'s big business venture is a brand of tequila called Inocente, which Gutfreund and his…
John Gutfreund
Gutfreund is the former Wall Street titan who served as CEO of Salomon Brothers in the 1980s.
