Annie Liebowitz, for Portfolio
Jason Linkins |
Posted Monday April 16, 2007 at 01:04 PM
If, upon venturing out into the world today, the air felt a little crisper, the birds sang a little sweeter, and your life felt a little fuller, it may have been the Xanax. But it's just as likely that you felt, as we do, that the world of business has gotten itself Conde Nastified like it never has before! Yes, dreamers, the Portfolio is GO! We really think this plucky little magazine has a shot! Inside your brand new Portfolio, you'll find Matthew Cooper's story of Plame, hedge fund gurus tilting at fame, Wall Street banking on the masters of game, and Tom Wolfe reconnecting with Vanities flame. Portfolio! We just can't stop saying it!
- From soup to nuts, Matthew Cooper walks the reader through the "collision course with the law" he found himself on as a player in the byzantine case of Scooter Libby and Valerie Plame. The account highlights how Time magazine's financial straits, some flawed legal representation, and the indomitable will of Patrick Fitzgerald combined to force Cooper to give up the fight to protect his source. Cooper seems bracingly candid, strives to be fair, and elucidates how his travails differed from those of his colleagues similarly caught in the net. And, by the way, he found Judith Miller to be "grating." Like you didn't know that.
- Tom Wolfe checks up on the state of affairs on Park Avenue, only to discover that the new Masters of the Universe wear ugly jeans, can't identify Tiffany vases, and conduct their business in raised voices and without much awareness of what "pre-war" architecture means. It's all so...so...gauche! And by the time you read this, it will already be too late to save Greenwich, Connecticut!
- Not only do today's hedge fund managers have entirely unreasonable expectations on how their weird modern HVAC system is going to fly with the building board, they've got CRAZY ideas, like, starting "the first public stock market that trades in professional athletes."
- And we get to meet some of these hedge fund mavens, as well! Sheelah Kolhatkar profiles Citadel Investment Group founder Ken Griffin, in the midst of shepherding his fund through a "mid-life crisis. And Amy Wallace gets a close look at the "red haired and impish" Ryan Kavanaugh, whose Relativity Media is at the financial junction of Hollywood and Wall Street.
- Plus, hot Gabriel Sherman-on-Bruce Sherman action, as the former chronicles the latter and his efforts to stand at the eye of the newspaper layoffs hurricane.
