Market Mistress

Yet Another Chance for Rich Dudes to Score Hot Chicks -Radar

“Fashion Meets Finance”—the latest match-making event from the minds who brought you the similarly themed “Rich Old Guys With Hot Young Chicks” and “Rich Old Women With Hot Young Dudes” speed dating events—another can’t miss attempt at carefully engineered social Darwinism.

The premise is pretty simple: Throw banker dudes into a room with fashion publicists and Bloomingdales buyers and watch the sparks fly.

The Rich: Recession’s Whiniest Victims -Gawker links to NYT

One of her clients recently confessed that his net worth had decreased to $8 million from more than $20 million, and he thinks that his wife will leave him. He has hidden their fall in fortune by taking on debt to pay for her extravagant clothes and vacations.”

Scuttlebutt - Wikipedia

Water for immediate consumption on a sailing ship was conventionally stored in a scuttled butt: a butt (cask or small barrel) which had been scuttled by making a hole in it so the water could be withdrawn. Since sailors exchanged gossip when they gathered at the scuttlebutt for a drink of water, scuttlebutt became Navy slang for gossip or rumors.

Told You So: Robert Thomson Is Journal’s New Managing Editor - Gawker

It’s Official! Robert Thomson New Managing Editor at WSJ - MediaBistro

I think I liked it better when I didn’t know and didn’t care who ran the WSJ because you could count on it always being the same consistent, high-quality content. First they start messing around with color, then the Interweb, now this! What’s next?

Erin Callan: CFO As Media Celebrity - Dealbreaker

Many on Wall Street were skeptical of Callan stepping into the role. She started out with several strikes against her: she started her career as a lawyer, she has very little formal hardcore financial accounting experience and her frequent appearances on television had led many to suspect she was more of an extremely well-paid spokesperson than a hands-on executive. Oh, and there’s this whole women-on-Wall Street thing too.

The supernumerary: America’s Woman Problem - WSJ

Women’s progress in business has come to a befuddling near-standstill. Those women who have risen (Zoe Cruz at Morgan Stanley, Sallie Krawcheck at Citigroup, Heidi Miller at Citigroup, then Bank One) have just as soon moved on with no other female up-and-comers to take their places. There are, of course, exceptions — take CFO Erin Callan at Lehman Brothers — but they are exceptions precisely because they are rare (and Callan notes she gets sexist emails from TV viewers).

Trump Ditches His $90M Palm Beach Palace - Radar

Reports now say that the 62,000 square-foot mega-manse has been sold and although word is the Donald got his full asking price, we’ve heard the number $90 million from Palm Beach connections.

WE checked with OUR Palm Beach connections too, it’s called the Interweb! Come off it with the we’re so important we’ve got Palm Beach connections crap.

Formula One Honcho Busted in Nazi Hooker Party - Radar

A sex scandal brewing in London makes Eliot Spitzer’s penchant for sleeping with expensive hookers while wearing black calf-high socks look positively vanilla: News of the World has a five-hour tape of FIA and Formula 1 president Max Mosley participating in a Nazi-Holocaust victim role-playing orgy in a tony Chelsea apartment. An edited version of the video is available at Jalopnik.

Follow on: MI5’s Link to Nazi Hooker Orgy

I just want to know who paid more?

Bankers, Lara Flynn Boyle Put on Show to Save Wall Street - Gawker

It’s worthwhile sometimes to stop and think about the real victims of today’s tanking American economy. Like Sanjay Sanghoee, a hedge-funder who’s running into trouble financing the film version of his corporate intrigue novel.

The supernumerary: The True Story of a Script, Big Dreams and Vanishing Private Equity - NYT

Print Is Dead: Fortune’s Cover Misfortune - Gawker