• Robert "Joe" Halderman, David Letterman's alleged extortionist, may be close to taking a plea deal. Halderman has reportedly offered to accept a one-year prison sentence in exchange for pleading guilty, although his lawyer is denying it, and any deal probably won't be finalized until incoming Manhattan DA Cyrus…
• Lindsay Lohan says she feels "scared" and "violated" after the break-in at her LA home last weekend. (We're guessing that's the same way Sam Ronson feels when she comes home to find LiLo waiting for her in the bushes, but what do we know?) In related news, though, Lohan's neighbors are now hoping she'll pick a new…
Anna Wintour wants to stay out of the limelight, Lily Allen's friends talk trash, and Mel Gibson's girlfriend's unborn child is totally making her fat. All that and more in your Wednesday morning Gossip Roundup!
Andrés Piedrahita may have canceled his summer cruise down the Dalmatian coast aboard his $22 million yacht, but other members of the family are still getting outside for some fun in the sun. A source tells us—and we've since confirmed—that Walter Noel, the founder of the Fairfield Greenwich Group, Piedrahita's…
A couple of days ago, Vanity Fair contributing editor Vicky Ward reported that Andrés Piedrahita, Walter Noel's son-in-law and a senior exec at Fairfield Greenwich, recently took possession of a $30 million yacht, and has since been spotted cruising the Mediterranean. Piedrahita's response? He's just showing off the…
That was quick! Marisa Noel Brown, the youngest daughter of disgraced hedge fund manager Walter Noel, and her husband Matt Brown, have found a buyer for their townhouse at 12 East 78th Street. The 20-foot-wide manse, which was officially listed for $12 million in May, went into contract late last week. No word yet on…
Fairfield Greenwich, the hedge fund that directed billions to Bernie Madoff, was handed over to another fund last month called Sciens Capital. Sciens didn't pay anything for it (not that anyone would pay anything for Walter Noel's heaping pile of crap). And now it seems the change in ownership is ensuring that some…
Daily Intel has some exciting news this afternoon about Marisa Noel Brown. (You remember Marisa, don't you? She's the daughter of Walter Noel, the hedge fund manager who lost about $7 billion of his investors' money to Bernie Madoff.) It seems Marisa started a jewelry line last fall—a couple of months before the Noel…
The townhouse belonging to Marisa Noel Brown has officially hit the market. The youngest daughter of disgraced hedge funder Walter Noel (who had $7.5 billion invested with Bernie Madoff), and the wife of Matt Brown (who worked for her father at Fairfield Greenwich), Marisa's been contemplating a sale for quite some…
Walter Noel, the hedge fund manager who basically funneled his clients' money straight to Bernie Madoff, is on the hook for $3.2 billion in funny money his firm withdrew from Madoff before the fraud unraveled.
Walter Noel's messy legal situation just got messier. Irving Picard, the court-appointed trustee responsible for liquidating Bernie Madoff's investment firm and recouping funds for Madoff's victims, just filed a $3.2 billion lawsuit against Noel's firm, Fairfield Greenwich Group. So while Noel may get a chance to…
• AIG's Ed Liddy now says the company will need three to five years to carry out its restructuring plan and repay taxpayer bailout money. [NYT]
• Hedge funds actually saw returns rise more than three percent in April. [DB]
• Walter Noel's Fairfield Greenwich hedge fund is no more. The disgraced firm is handing over…
It looks like the Noels haven't been banned from Greenwich's Round Hill Club, after all. Daily Intel spoke with the club's manager who assured them that the Noels remain members "in good standing," and also happen to be "very nice people." [Daily Intel]
Bernie Madoff was kicked out of the Palm Beach Country Club a couple of months ago, as we first reported. Now it looks like the Walter and Monica Noel are facing the same sort of rejection. A tipster tells Guest of a Guest that
the disgraced family has been booted from Greenwich's Round Hill Club.
Update here. [GoaG]
Last month, a movie producer announced he was working on a movie about the Madoff affair. (You can see the official website here.) The folks at The Daily Beast has a few casting suggestions, and while we're not sure about their pick for Bernie himself (Dustin Hoffman), having Barbra Streisand play Ruth and Sam…
Walter and Monica Noel are looking for someone to rent the family home in Southampton for July and August! Daily Intel reports the 7,000-square-foot home with ten bedrooms, nine-and-a-half baths, six fireplaces, and a heated pool, will run you $350,000 for July and $375,000 for August. There's no telling if FBI…
Massachusetts securities regulators charged Walter Noel's Fairfield Greenwich Group with fraud this morning. The complaint isn't short on potentially incriminating detail. In one 2005 email, for example, Bernie Madoff informs a Fairfield exec that "the less you know about how we execute, and so on and so forth, the…
A member of the "golden" Noel family is finally speaking out. Andrés Piedrahita, the party-loving Colombian-born son-in-law/employee of Walter Noel, tells the Wall Street Journal that since Fairfield Greenwich lost more than $7 billion to Bernie Madoff, "life has changed a lot." But that's not because he did anything…
Walter Noel and the Fairfield Greenwich Group have been sued yet again. The full complaint is after the jump.
Is Ruth Madoff facing indictment? What about the Madoff's two sons? And what will happen to Walter Noel and Bob Jaffe? Lucinda Sparks has some juicy detail over at The Daily Beast, including the unsurprising revelation that Bernie Madoff hasn't been the easiest guy for prosecutors to deal with. Says one source: "He…
