Showing posts with label Manhattan. Show all posts
Showing posts with label Manhattan. Show all posts

Thursday, September 20, 2012

'Beast of Brooklyn' washed up in New York


July 26, 2012
http://www.foxnews.com/scitech/2012/07/26/beast-brooklyn-washed-up-in-new-york

Mystery surrounds the discovery of a hideous creature washed up under the Brooklyn Bridge in New York.

Dubbed the "Manhattan monster," its ghoulish carcass has a mutilated face, hairless flesh and five human-like fingers at the end of its limbs. The gruesome find has sparked an array of theories as to whether it is a giant water-logged rodent, a cooked pig, a swollen dog -- or something more sinister.

Amateur photographer Denise Ginley snapped the mutant creature while walking along the East River on Sunday.

“We were horrified by it and we took some camera phone pictures," she said. “Then finally we decided to come back with my camera and I got up the courage to climb over the fence and get closer to it.”

Some claim it could be related to the mystery "Montauk Monster," which confounded New Yorkers when it washed up at Ditch Plains beach in the exclusive Hamptons in July 2008.

'We were horrified by it and we took some camera phone pictures.'

- Amateur photographer Denise Ginley
But the New York Parks Department shrugged off the horrifying find, insisting it was just a pig.

A spokesman said they had disposed of the creature, adding: “It was a pig left over from a cookout."

“It was a roasted pig. We didn't count its toes, we just threw it out.”

But people doubting the official line point to the beast’s creepy, human-like hands and feet -- which bear no resemblance to a porker's hooves.

“The Parks Department was probably very quick to identify it as a pig and dispose of it, but it is most certainly not a pig,” Ginley added.
“The most obvious sign being the lack of a cloven hoof, instead this creature has five digits all close together.”

She believes the creature is “some sort of raccoon or giant rodent.”
The photographer said: “The missing upper jaw makes it very difficult to identify and the lack of distinct canine teeth of the lower jaw is confusing.”

Wildlife specialist Dr. Paul Curtis suggests it could be a small dog that died and swelled in the murky river.

Wednesday, June 22, 2011

The Brooklyn Bridge Sea Monster


Here's some pictures of a creature that washed up beneath the Brooklyn Bridge in Manhattan, the first picture on May 21, the second five days later. Notes Maureen O'Connor on Gawker.com: "It had the scales of a fish, body of a serpent, head of a pit bull and was the size of a large alligator." According to FoxNews.com, theories on what it is range from "horse to alligator to Loch Ness beast -- or even a relative of the Montauk Monster." Killjoy marine biologists claim it is merely a rotted-out Atlantic sturgeon. Yeah, right. And if you believe that, I got a bridge to sell you...

'Sea Monster' Discovered Beneath Brooklyn Bridge
May 26, 2011
http://www.foxnews.com/scitech/2011/05/26/sea-monster-discovered-beneath-brooklyn-bridge

Thursday, December 2, 2010

A Cocktail Party In The Street: An Interview With Alan Stillman


http://www.ediblegeography.com/a-cocktail-party-in-the-street-an-interview-with-alan-stillman/


A Cocktail Party In The Street: An Interview With Alan Stillman
Nicola
November 15, 2010


In 1965, Alan Stillman was a young man living in Manhattan, who, in his own words, was “looking to meet girls.” The bar restaurant he founded, T.G.I. Friday’s, began life as a public cocktail party — the first neighbourhood joint to welcome both men and women alike, with the express motive to unite the two. Forty-five years later, Stillman’s singles’ bar in the Upper East Side has metamorphosed almost beyond recognition, spawning a landscape of casual dining franchises that redefined the American idea of the restaurant. Stillman himself went on to found iconic steakhouse, Smith & Wollensky, among several other restaurants.

Architect Krista Ninivaggi and I interviewed Stillman for the food issue of the New City Reader; below is an expanded version of the conversation we excerpted in print. In it, Stillman tell us how to create a cocktail party in public, what to do when you get a bad review in the New York Times, and what the restaurant, real estate, and movie businesses all have in common.

New City Reader: What’s the story behind T.G.I. Friday’s?

Alan Stillman: I lived on 63rd Street between First and York. Easy access to the 59th Street bridge meant you could get out of New York quickly, so in that two or three block neighbour­hood, there was a pile of airline stewardesses — and for whatever reason, there was also a whole bunch of models. Basically, a lot of single people all lived between 60th and 65th and between York Avenue and 3rd Avenue. It seemed to me that the best way to meet girls was to open up a bar.

NCR: Where were those people hanging out before you opened your bar?

Stillman: At the time, it was all cocktail parties. What would happen is that on Wednesday and Thursday, you’d start collecting information—things like, “On Friday night at 8 o’clock at 415 East 63rd Street, there’s going to be great party run by three airline stewardesses.” Then somebody else would say, “Well, I got a good one—it’s going to be run by one of the baseball players at his apartment.” You built up a cocktail list and you bounced from one place to the other. The cocktail parties were wild, by the way. But there was no public place for people between, say, twenty-three to thirty-seven years old, to meet.

NCR: What about other bars — places like P. J. Clarke’s?

Stillman: P. J. Clarke’s was there — it had been in existence forever — but it wasn’t a meeting place. It was a guys’ beer-drinking hangout. There were very few women there. That was pretty typical of the New York bar scene at the time.

The other thing is that my timing was exquisite, because I opened T.G.I. Friday’s the exact year the pill was invented. I happened to hit the sexual revolution on on the head, and the result was that, without really intending it, I became the founder of the first singles bar.

The reason that it happened is that I used to stop into this corner bar near where I lived — a dirty old First Avenue bar with a bullet hole in the window called “The Good Tavern” — and I used to talk to the bartender. I would say to him, “You know, you ought to change the décor in here or do something with it — it would be a great place for all these people round here to meet each other. Eventually he said, “Why don’t you do it?” Five thousand dollars later, I had bought the premises with a short lease, and I was off and running.

NCR: Explain how you went about recreating that cocktail party atmosphere in a public space.

Stillman: All I really did was throw sawdust on the floor and hang up fake Tiffany lamps. I painted the building blue and I put the waiters in red and white striped soccer shirts. If you think that I knew what I was doing, you are dead wrong. I had no training in the restaurant business, or interior design, or architecture — I just have a feel for how to use all those things to create an experience.

I wanted T.G.I. Friday’s to feel like a neighbourhood, corner bar, where you could get a good hamburger, good french fries, and feel comfortable. At the time, it was a sophisticated hamburger and french fry place — apparently, I invented the idea of serving burgers on a toasted English muffin — but the principle involved was to make people feel that they were going to someone’s apartment for a cocktail party.

The food eventually played a larger role than I imagined it would, because a lot of the girls didn’t have enough money to stretch from one paycheque to the other, so I became the purveyor of free hamburgers at the end of the month.

I don’t think there was anything else like it at the time. Before T.G.I. Friday’s, four single twenty-five year-old girls were not going out on Friday nights, in public and with each other, to have a good time. They went to people’s apartments for cocktail parties or they might go to a real restaurant for a date or for somebody’s birthday, but they weren’t going out with each other to a bar for a casual dinner and drinks because there was no such place for them to go.

It took off extraordinarily quickly. In the first six to nine months, T.G.I. Friday’s got written up in Time, Newsweek, and the Saturday Evening Post. Then Maxwell’s Plum opened up across the street, which was another singles bar. It was really quite a phenomenon.

I believe that the first line in the history of bars, restaurants, and discos may have been at T.G.I. Friday’s. Inside of three months, we had to hire a doorman. One night I was tending bar, and he walked up to me and said, “Listen, there’s a dozen people standing outside, and we have no tables and no room at the bar. What do you want me to do?” And I said, “I tell you what. Why don’t you just tell them to wait, and when someone comes out, you’ll let them in.” He said that he didn’t know whether they would wait or not, and I said I didn’t know what else to tell him, and so he went back.

Next thing you know, I came out from behind the bar to get something and I looked outside and there were forty people standing in line. The next week we ended up buying velvet ropes. There was nothing like that anywhere else. You would either have a reservation at a fancy restaurant or you would just go into a bar or diner — nobody would wait in line for food and drink.

NCR: What else did you have to introduce or change in those early months?

Stillman: We had to change the way we ran the place completely. It was a long bar, with bar stools, and I don’t think anyone expected there to be people standing four deep behind the stools. Straightaway, we went from one bartender to three. The waiters couldn’t get through the aisles because of the crowds, so we had to adjust where the seating was. We had to change the menu to be able to get food out of the kitchen more quickly. It was a total readjustment, because no one expected to be doing the kind of business we were doing.

Inside of eighteen months, two more places opened up within a block. By the summer of 1965, the police had to come along, put up barriers, and close First Avenue between 63rd and 64th Street on Friday night from 8 p.m. until midnight, because there were so many kids going back and forth between these bars that the cars couldn’t get through.

We’d moved the cocktail party outside into the streets.

NCR: Did your strategy work? Did you meet good-looking girls?

Stillman: Have you seen the movie Cocktail? Tom Cruise played me! I was lucky enough to do it for three years — he only did it to make a movie. Even today, the advantage of being the guy behind the bar is huge. Why do girls want to date the bartender? To this day, I’m not sure that I get it.

NCR: You opened up twelve T.G.I. Friday’s in total. How did you make the transformation from bar owner to businessman?

Alan Stillman: First of all, I’ll bet you Friday’s spawned thirty to forty restaurants and bars. We hired young people with bartending and waiting experience, and they made a lot of money, and a lot of them went out and opened up their own places.

But the second actual T.G.I. Friday’s was in Memphis, Tennessee. I didn’t pick it — they picked me. The original bar was two years old, and it had national recognition at that point. Somebody came in and said, “I’m from Memphis, Tennessee, and I own a shopping area down there with room for one of these. Will you sell me a franchise?”

I have to admit that I didn’t know what the word franchise meant. So I said, “If you have the money, I’ll be the partner and I’ll show you how to do it, and we’ll split it 50/50.” We shook hands and a year and a half later, we opened up a T.G.I. Friday’s in Memphis. People started coming in there from Little Rock and Nashville, and more guys walked in wanting to partner with me, and so I did the same thing again. Before I knew it I had five or six T.G.I. Friday’s round the country. It wasn’t pre-planned at all.

Then a couple of guys came in from Texas, and said, “We want to do this in Texas, and we want to do it at five times the size, on three floors, with a big central bar.” They had a lot of money and a lot of business expertise, and soon enough we were in Houston and Dallas and on it went.

NCR: Did changing the size of the restaurant change the atmosphere?

Stillman: The size didn’t change it as much as our expansion into the big southern suburban towns. Those cities have a very different way of interacting with the street in the first place, but the big shift was that during the day, we started to get families. We had very informal, casual food — you could get an omelette or a hamburger — so families were coming in with their kids. That was the big change. It took six or seven years, but T.G.I. Friday’s became a very different animal.

By 1971, the economy was very bad. At the time, we had a dozen Friday’s and we were trying to open up three more. By then, everyone was chasing us. There was Somebody Tuesday’s and Bennigan’s and this thing and that thing, and you needed big money to do it right and open three this year, and five next, and ten the year after that. I didn’t want to sell out, but I didn’t not want to either. While we were out trying to raise the money to expand, someone came to me and offered me enough money. With a million dollars at that time, you could retire and do nothing for the rest of your life. So I sold.

NCR: And moved on to Smith & Wollensky?

Stillman: I took a break first. I got married, we travelled around Europe, and that’s where I learned about food and wine. My wife and I spent a lot of time in France, and we became somewhat sophisticated. We saw a lot of French brasseries that served only French wine and French cuisine. When we came back here, the only thing like it was American steakhouses — but they didn’t serve any American wine. I thought that if I opened up a steakhouse and I served Californian wines, maybe I’d have something special and unique, and that’s how Smith & Wollensky got started. It was the American version of the French restaurants I loved in France.

I opened up Smith & Wollensky in 1977, with a list of forty-seven wines — half from California and half from France and Italy because we were scared to death that people weren’t going to order the American bottles, because they didn’t know what the hell they were. When you went into the nine other steakhouses in New York City at the time, you were asked if you wanted red or white.

There was nothing that was in itself hugely original — the menu was more extensive, the décor, the wines — but add it all together and when we opened, we were different from the other steakhouses in town. I did extensive steakhouse research, so we knew exactly what they were doing and what we wanted to do differently.

None of which helped, of course. The first review we got was the worst review in the history of the world. It was by Mimi Sheraton for the New York Times. We almost went broke. So we took out three full-page ads in the Times. At the time, the two big deal steakhouses in New York were The Palm and Christ Cella, and our ad showed two big matchbooks and said, “At last, a match for The Palm and Christ Cella!” We took it out three days in row, and business took off. We hadn’t done any advertising before. We didn’t know how to go out and pitch stories. At the time, no one advertised restaurants, especially not with full pages in the New York Times.

NCR: What else was different about Smith & Wollensky, in terms of menu and decor?

Stillman: I have the original menu here, but for the life of me, I can’t remember what we added that wasn’t on other steakhouse menus at the time.

We were in a former steakhouse that had been completely burnt down. We painted the exterior green and white, and we made the inside more — how shall I say this? — “elegant” than a typical steakhouse was at the time. It had more comfort to it — but that wasn’t because we intended it to be woman-friendly. It was a steakhouse, and at the time, steakhouses were male-oriented. Our target customer was people who ate at The Palm and Christ Cella — men my age. It’s only been in the past few years that I’ve seen people opening up “nightclub” steakhouses that are intended to attract single women. Now, if you want to see where a twenty-seven-year-old wants to eat steak in the year 2008, you should visit the restaurant my son Michael opened, Quality Meats.

A lot of people open up restaurants that fit their age level. It’s much easier for me to open up a restaurant that I understand and that my friends would go to, even today, than it is to open one up for thirty year-olds. I have no understanding of Michael’s new restaurant. I understand that it’s beautiful and the food is wonderful, but as to who it attracts and how — it’s completely foreign to me. It’s too loud and too dark for me and my friends.

I’ve been told that you find the same thing in books, movies, and theatre — that people create things that make sense for their age group.

NCR: Do you see any other analogies between creating a restaurant and directing a film or writing a book?

Stillman: It takes a similar level of creativity as being a movie director, other than you have be more of a businessman. When you walk into a restaurant, you’re looking for an afternoon or an evening of entertainment. The entertainment part of it — the atmosphere and the service and all the little touches — is as important as the food. You can serve the best food in the world, and if people didn’t like the atmosphere and the decor, they won’t come back.

You can’t get me to go to a restaurant that’s got terrible atmosphere and service—it doesn’t matter how good the food is. I won’t go. There’s an enormous amount of creativity in orchestrating a space and an experience so that it creates a particular feeling.

Look at this. [Points to wooden frame around the first Smith & Wollensky menu.] No one presented their menus in a frame at the time. There’s a tremendous amount of creativity in the restaurant business. The problem is that a tremendous number of people think that it requires nothing but creativity, but the business part doesn’t take care of itself.

NCR: How did the feel of Smith & Wollensky evolve over time? What have you done to update it?

Stillman: This is something that I do think I’m good at. The New York City Smith & Wollensky is thirty-three years old, and there are others around the rest of the country that are ten or twelve years old. It’s about changing the place little by little, so that Smith & Wollensky is now fifty percent different than it was when it opened — but you wouldn’t know it. If you don’t know how to update your restaurant while keeping it the same, it will close after six or seven years.

The menu has to expand because you add new things to keep ahead of the competition but you have to keep the customer favorites. Dishware and glassware needs to be updated. It’s the things around the edges of the experience — sides, desserts, wines — that you can change. We’ve gone from four desserts to fourteen, made by an in-house pastry-chef.

I am very hands-on about this stuff. I choose the silverware, I make decisions about the decor, and I try every single thing on the menu. That’s my favourite part. The rest of it is just running a business. The fact that you’re selling steaks instead of widgets doesn’t make much difference.

NCR: How did Smith & Wollensky grow? Did you plan to open more than one from the start?

Stillman: No, definitely not. I actually had partners at Smith & Wollensky that didn’t want to expand — they didn’t want to take the risk and they wanted to take money out of the business rather than put more in. That’s not a fault — it’s just a business decision that you make. Smith & Wollensky in New York City stayed on its own from 1977 to 1997. It took me twenty years to buy the right to expand from them.

NCR: Smith & Wollensky has remained in cities as it expands. Is that a conscious strategy?

Stillman: Smith & Wollensky is definitely an urban restaurant. These are big restaurants doing big dollars, and we have to be in big cities.

My second one was in South Beach, in Miami. We looked at Chicago, South Beach, Las Vegas, Philadelphia, Washington DC, and wherever the right property showed up first, we built.

NCR: When you go looking for a Smith & Wollensky site, do you have a checklist?

Stillman: Yes. The bigger you get, the better your list gets. By the time you’re the size of McDonald’s, you don’t have to bother looking. You run your checklist up against some data and you know exactly where you can put your restaurant and where you can’t. Then it’s just a matter of getting hold of the real estate.

The single most important thing on Smith & Wollensky’s checklist is the ability to have an exterior look that is different from everybody else. That’s the deal-breaker — and the hardest part to find. We can’t put it in any old big office building because the owners won’t let us do that. We want people to drive by, not read the name, and say, “That’s Smith & Wollensky.” We started out like that with our first building, on the corner of Forty-ninth Street and Third Avenue, so it became our brand.

The other thing is that we build big restaurants. We’ve got seven hundred seats in most of our places, so we need the square footage. That’s an economic decision, not an atmosphere one. Big box, big tickets — that’s our formula.

The restaurant business does come down to real estate, though. A restaurant owner is renting or sub-letting you a piece of real estate for the evening, and how long you sit there and how much you spend determines whether they’re going to be successful or not.

Once I was in the $75 ticket business, then I started looking around and getting other ideas. I like to fill holes — figure out what’s missing and supply it. I opened Park Avenue and The Post House and the Manhattan Ocean Club, which has since turned into Quality Meats.

NCR: What’s missing in the New York City restaurant-scape right now?

Stillman: There’s very little missing in New York at the moment. It’s the food capital of the world, in my opinion. There is still room for originality — for example, my son, Michael, opened up the only Polynesian restaurant in town. There are not many holes like that to be filled, but there are other kinds of holes — the kind that you can fill with décor, atmosphere, prices, and imagination. And there are geographical holes — for example, I personally think that in Midtown, there is room for a high-end Indian restaurant.

Of course, you don’t have to open up something that fills a hole. There are a lot of people doing perfectly good business opening up more same-old steakhouses. That’s just not where the fun is for me.

NCR: Are there any current food trends that you find particularly intriguing?

Stillman: I don’t quite get the celebrity chef thing. What are these guys doing cooking meals on television? And why do they have multiple restaurants? Star chefs used to have a restaurant, and when you went there, he cooked for you. To me, if you’re not in the kitchen cooking, then I’m not eating your food.

I’m not condemning Wolfgang Puck and the others, but this celebrity chef trend has changed the feeling of what cooking is at a certain level.

Now Steve Wynn, with his hotels in Las Vegas, put his foot down and made star chefs sign multi-year contracts that they would be there five nights a week. Mr. Wynn has got 1500 rooms and a gambling empire on top of the restaurants, so he can afford to go to Paul Bartolotta and pay him a million dollars a year to be there five nights a week. And the result is probably the best Italian seafood restaurant in the whole world.

NCR: Do you prefer eating out at restaurants or eating at home?

Stillman: By choice, I would eat out six nights a week. It’s better and easier — and even if you were wealthy enough to have a personal chef who did all the work for you, it seems to me as though it would get boring after a while. I want to go out and see what’s going on in the city, and try different cuisines, and different cooking styles. The only reason I’d want to stay home once in a while is that maybe I want to watch a movie or read a book over dinner.

I eat in one of my own restaurants once a week. The rest is split: two-thirds, places I know and love; and one-third, new places I want to try. In my head, I’m not going for business reasons, but my wife will tell you that when I’m out, whether I know the place or not, if she allowed me I’d pull out a pen and paper and start taking notes. She’s probably right. I’m a great stealer. I see things and bring them back to the business all the time.

[NOTE: I owe an enormous thanks to Alan Stillman for sharing his time and reminiscences so generously, and to Krista Ninivaggi, who coordinated and co-conducted the interview.]

Rich Americans Ditch Home Ownership For Renting

http://www.cnbc.com/id/40260336

Rich Americans Ditch Home Ownership For Renting
Friday, 26 Nov 2010
Joseph Pisani

Patrick Lee went from homeowner to home renter this year.

It may sound like a downgrade, but the New Yorker didn't make the switch because he couldn't keep up with payments or because he lost his job. Instead, Lee was nervous about the state of the housing market.

So in March he sold the Manhattan apartment he bought in 2008 for about the same price he paid and moved — along with his wife and child — a few steps away into a luxury, two-bedroom rental unit in a brand new building.

Lee wouldn't disclose what he's paying, but similar two-bedroom apartments in the building usually rent for $11,000 a month.

“I wanted to protect ourselves from prices going down,” says Lee, who is a managing director at a major bank. “I didn’t want to be an owner anymore.”

Lee has company. Demand for luxury rental units has increased as wealthier individuals who can afford to buy are deciding not to, according to brokers and real estate analysts in affluent areas of the country such as New York City, Chicago and San Francisco.

“More affluent Americans are opting to rent as oppose to buy,” says Jack McCabe, an independent real estate analyst and CEO of McCabe Research and Consulting in Deerfield Beach, Fla. “Within the last year, so many people have seen their family and friends get burned in real estate. They don’t see it as being a risk free investment as they used to.”

And they're paying top dollar to rent.

In Manhattan the demand for high-end rentals has never been hotter. In the third quarter of 2010 there were 200 new leases signed for rentals charging $10,000 a month and up, more than double the 89 leases signed the year before, according to Jonathan Miller, CEO and president of New York City-based real estate appraisal and consulting firm Miller Samuel.

What’s considered luxury in New York City? Currently on the market now at The Corner, Lee's new address, are a couple of three-bedroom apartments ranging from $14,800-$20,000 a month. At The Anthrop, another luxury building in Manhattan, a 3,331-square-foot four bedroom unit rents for $18,000.

Miller says that while high-end sales have picked up recently in Manhattan, the increased demand for luxury rentals shows that more would-be buyers are concerned and taking the “wait and see approach.”

The demand is also being seen in Marin County, right across the Golden Gate Bridge from San Francisco.

Last year, the phones at Foundation Rentals & Relocation office were ringing constantly with high-end homeowners wanting to rent property that they couldn’t sell, but no one was interested in renting them.

Now the firm is getting calls from executives, especially in the technology sector, looking to move into a rental.

“They’re entrepreneurs. They would rather put their cash in their business,” says Darcy Barrow, who founded the firm with her husband Christopher Barrow.

“And get a greater return,” adds Christopher.

This year, the firm handled a rental house with an 8-car garage for $12,500 a month. Another 6,500-square-foot, five-bedroom home is renting for $11,900. They also have a 2,658-square-foot town house on the market, boasting views of San Francisco for $7,000 a month.

Three bedrooms at The Corner in New York City go for $14,800-$20,000 a month.

“When I tell people I rent homes for $10,000, people ask, ‘Why would anybody rent at that price?,’” says Darcy. “They’re accustomed to a certain lifestyle. Just because they choose to rent, doesn’t mean they’re going to rent a two bedroom.”

In Chicago, Aaron Galvin, the broker and owner of rental agency Luxury Living Chicago, says that he has rented 30 percent more luxury apartments in 2010 than last year.

Luxury in Chicago means anything over $3,000 a month, and a building with amenities like granite kitchen counters, stainless steel appliances and washing machines and dryers in the unit, says Galvin.

A recent client sold a multi-million dollar home in the suburbs to move into a rental building, waiting to buy a property until she got a feel for the neighborhood.

“The cachet that came with owning seems to be gone now,” he says.

The same is happening in south Florida.

Chris Wells, a broker working in the Palm Beach-Boca Raton-Coconut Cove area, says he has seen “skepticism” from would-be buyers, who ultimately decide to rent a home before making a purchase, easily spending about $8,000 to $15,000 a month, because they are waiting to see if home prices continue to fall.

“In Florida, we’re really not out of the recession yet,” says McCabe, the analyst. “There is no urgency to buy.”

Lee says that he’s the first of his peers to make the switch to renting. But that doesn't mean they don't want to.

“I suspect a lot of people are underwater and can’t get out,” says Lee. “A lot of people are just stuck.”

He says he doesn’t regret selling his apartment and moving to a rental, especially since the building he lives in has all the amenities and handiwork of his previous place. And he can rest easier knowing that if he has to relocate for his job, he can leave without having the burden of trying to sell an apartment.

“With so much uncertainty,” says Lee, “It gives me a lot of peace of mind.”

Friday, November 19, 2010

‘Man v. Food’ star Adam Richman: How to eat in Brooklyn

http://today.msnbc.msn.com/id/40088523/ns/today-books

‘Man v. Food’ star Adam Richman: How to eat in Brooklyn
He waxes poetic about the culinary offerings of his hometown
11/9/2010

Adam Richman, who spends his days crossing the country visiting restaurants and taking on challenges to eat enormous amounts of food, shares the culinary adventures of his hometown, Brooklyn, N.Y. Read an excerpt from his new book, "America the Edible."

From Chapter three: Greetings from Planet Brooklyn

With nearly 2.5 million residents, Brooklyn is New York City's most populous borough, and if it were its own city (as it was until 1898), it would be second only to Manhattan as the most densely populated city in the country. It is the "Home to Everyone from Everywhere!" as a sign off the Belt Parkway declares. And indeed it is filled with people from everywhere who have influenced Brooklyn's food identity as profoundly as lobster-men in Portland, Maine, and Mexicans in Austin, Texas. In Brooklyn, the melting pot that is this great country can truly be enjoyed on the plate — all of the different cultures, most within walking distance of each other, and nearly every cuisine represented in some delicious way. There is an endless array of places to go and things to eat, from the South American food carts at the Red Hook Ball Fields to fine-dining restaurants that rival those of any other city.

When you go to Brooklyn — and you absolutely must — you can experience all of this. But you should seek out the real Brooklyn, the one that still remains from when I was a kid and even before that. You need to have an Italian hero, a slice at a pizza joint, and a meal at one of the many ethnic places that seem to transport you to another continent. Most of all, just relax and enjoy the realness (as rapper Redman would say).

Great Pizza Places in Brooklyn That Aren't Too Trendy Yet

1. Pino's Las Forchetta - Park Slope

2. Franny's - Prospect Heights

3. Lucali - Carroll Gardens

4. Totonno's - Coney Island

5. L & B Spumoni Gardens - Gravesend

It doesn't get much realer than the mile-long extravaganza of food, culture, and general high-spirited Brooklyn-ness known as the Atlantic Antic annual street fair.

One recent Sunday I woke up late in the afternoon, to quote Brooklyn native Adam "MCA" Yauch of the Beastie Boys, and heard the faint strains of music and commotion coming from outside. And then, like the torrent of images flooding the mind of a Manchurian Candidate assassin, I suddenly remembered the flyers and posters I'd seen strewn throughout my neighborhood.


"The Antic!" I shouted like an ass to nobody in particular. The Atlantic Antic, held on the second weekend of September on a main thoroughfare in northern Brooklyn, is a street fair that showcases the businesses that line the street itself, promotes awareness of civic causes (Take Your Man to the Doctor Week, voter registration, sign-ups for and against key issues affecting the borough, and so on), and creates a venue for some of the best food that the city has to offer. You can get tasty stuff from the Middle Eastern shops and restaurants that line Atlantic Avenue and from the gourmet and savory places that lie on the tributary streets of the affluent Cobble Hill neighborhood to the south and the well-to-do Brooklyn Heights to the north — all of this bordered by the somewhat chaotic grid of streets around Schermerhorn and public housing, like Wyckoff Gardens, where you'd be foolish to linger too long.

Barbecue, zeppolis, falafel, burgers, and chicken roti are all represented at the Antic. There are few better ways to take a big bite of Brooklyn than spending a day at the Antic.

I hit the streets ready for the savory goodness of Brooklyn street fair food, browsing booths hawking "mozzarepas," an unholy, cheese-filled union between mozzarella cheese and an arepa (corn cake); fried Oreos (better than they sound); and Philly cheese steaks (we're not in Philly, so they're phucking phake) until I finally came upon a cart selling one of my all-time-favorite fair foods: Italian sausage and peppers.

There are many, many carts at the fair, and to the novice, their products all look the same, but I have walked a mile ahead of ye, young sausage initiates, and I shall guide you in the ways of the link. If the signage is too flash and too polished, move on; those guys are more interested in attracting a large volume of customers than they are in the food. If it sells more than just sausage and peppers, move on; Italians in the know take pride in the meats they serve, and if it's a "sausage and pepper" cart, that should be all it serves. If it does not offer a choice between "sweet and mild" or "hot" sausage, move on; every good salumeria (Italian pork store) carries both, and every good vendor does too.

I walked over to a reasonably busy cart (always a good sign), and there, laid out on the cast-iron flattop grill like a bone Native American breastplate or meaty rows of matching parentheses, were fat sweet and hot Italian sausages browning next to one another. The sausages were shiny with grill oil and their own fat. Alongside this meaty armada was a softened, oily mass of red and green bell peppers and onions that were cooked to the point of translucence. The cart exuded a fragrance somehow melding backyard cookout, pizzeria, and the sweet-smokiness of caramelized veggies. r

I did as I usually do and ordered the hot sausage, as I consider the sweetness of the onions a great counterpoint to the red pepper flakes in the sausage. (Plus, I'm sweet enough — ba-dum-pum.) I asked for the sausage to be well done too, because when charred, the natural casings have a great, chewy, almost decadent juicy pop when you bite into them. The sweet, very tiny but loud lady who took my money grabbed a crusty length of Italian bread and loaded it with one of the brick red seven-inch sausages. Using one side of her tongs as a spoon, she scooped up some Technicolor, mushy wonderfulness of peppers and onions and laid an inch-thick layer of them atop the sausage. She wrapped it in waxed paper, gestured me in the direction of the condiments, and shot me a quick nod that seemed to say, "You're good? Great, now move the f--- down so I can feed the next guy."

A squirt of hot mustard and I was ready to perch on the bumper of a parked car and dig in. The smell was a rich, almost perfumey blend of oil, grilled meat, and pepper, and the first bite was utterly orgasmic. The fresh bread had a bit of a crunch that yielded to a toothy tear. The mustard and the unctuous vegetable mixture hit the roof of my mouth as my tongue and lower jaw cut through the spicy richness of the sausage, which gave way with an incredible, crispy snap.

Great Condiments You Probably Don't Have in Your House, but Should

• Huy Fong sriracha Asian pepper sauce (green top and rooster on the front

• Kewpie Japanese mayo

• Ssamjang (Korean fermented soybean paste — amazing)

• Gochujang (Korean red chile paste)

• Chipotle chiles (whole in adobo sauce or as a paste)

• Heinz HP sauce (British all-purpose condiment)

• Yellow miso paste

• Shichimi togarashi (Japanese seven-spice blend)

• Recaito or sofrito (major Puerto Rican flavors)

• Sazon (Latin spice blend)

• Tomato pickle (available at Indian markets)

• Mango chutney

• Fig jam

• Pickapeppa sauce (Jamaican flavoring)

• Taramasalata (Greek caviar spread)

• Giardineria (Italian pickled vegetables)

• Chowchow (pickled vegetable relish)

• Ajvar (Turkish red bell pepper spread)

• Creme fraiche) (like sour cream on steroids)

I finished my sandwich, bought a delicious Brooklyn-brewed Sixpoint ale, and walked on toward the East River end of Atlantic Avenue.

As I strolled, I watched high schoolers perform dance routines and capoeira practitioners in a fighting circle do a demo, listened to our colorful borough prez speak about boroughwide concerns, and soaked it all in. As I neared a friend's home, where I hoped to hang for a bit, I ducked into the amazing Middle Eastern provisions store called Sahadi's for some goodies to take home, specifically a container of its legendary hummus.

When you walk into Sahadi's, you pass barrel after barrel of olives, dried fruits, and nuts, and imported cheeses, juices, sauces, and spices from the world over. If you walk to the back, there are two counters set at right angles to each other, from which are dispensed prepared salads, pastries, sandwiches, and the greatest, smoothest, most decadent hummus this side of Mesopotamia. Sahadi's has a spicy version, which is not to be trifled with, and regular. I bought a pound of the standard hummus, silky, almost puddinglike in its creaminess, and distinctly unlike the thicker, grainy, mortarlike hummus that is so ubiquitous. It is truly one of the finest foods available in the borough.

I stopped at my friend's home, in a great building a few blocks from the westernmost end of Atlantic, and we grabbed some cold beers and headed to the roof deck. From that lofty vantage point we watched a multicolored, multiscented, multi-aged mass of people that stretched as far as the eye could see eastward to Fourth Avenue, everyone rejoicing, reveling, performing, eating and drinking, flirting and browsing, growing, and growing old. A river of beautiful Brooklyn humanity, flowing toward the river and ebbing toward Prospect Park. A Benetton-worthy cross section of the many races and peoples who give Brooklyn its undiluted power, passion, and perspective.

The crowds broke off toward their respective neighborhoods as the sun sank behind the glittery geometry of the New York skyline. Manhattan — separated by only a river from the mighty working class that pumps the blood through its veins, the beats through its speakers, and history through its very core. Just a strip of murky mystery away from the sprawling, special, and indomitable spirit of the very people who make it and the nation great. The huddled masses have taken refuge in the shadow of the Brooklyn Bridge, and in the process have formed a cultural and culinary tapestry as thrilling and tasty as any to be found in our great nation. Brooklyn, from Biggie to Dem Bums, from Greenpoint to Fort Greene, is Antic, sleepless, and hungry for more.

Excerpted from "America the Edible" by Adam Richman. Copyright (c) 2010, reprinted with permission from Rodale.

Tuesday, November 16, 2010

Debt Collector Thieves Create Fake Courtrooms to Steal from Consume

http://news.firedoglake.com/2010/11/08/the-american-nightmare-debt-collector-thieves-create-fake-courtrooms-to-steal-from-consumers

The American Nightmare – Debt Collector Thieves Create Fake Courtrooms to Steal from Consumers
David Dayen
Monday November 8, 2010

This happened late last week, and the biggest thing I want to know about it is how Pennsylvania snagged the coveted attorneygeneral.gov URL, but I should give it some attention here. Basically, all of the scumminess associated with foreclosure processes is also present in debt collection, by a factor of ten. This is almost unbelievable:

Attorney General Tom Corbett today announced that a consumer protection lawsuit has been filed against an Erie debt collection company accused of using deceptive tactics to mislead, confuse or coerce consumers – including the use of bogus “hearings” allegedly held in a company office that was decorated to look like a courtroom.

Corbett said the civil lawsuit was filed by the Attorney General’s Bureau of Consumer Protection against Unicredit America Inc., with corporate and business offices located at 1537 West 39th St., Erie, also identified as the “Unicredit Debt Resolution Center.”

“This is an unconscionable attempt to use fake court proceedings to deceive, mislead or frighten consumers into making payments or surrendering valuables to Unicredit without following lawful procedures for debt collection,” Corbett said. “Consumers also allegedly received dubious ‘hearing notices’ and letters – often hand-delivered by individuals who appear to be Sheriff Deputies – which implied they would be taken into custody by the Sheriff if they failed to appear at the phony court for ‘hearings’ or ‘depositions’.”

It’s unconscionable, but sadly a part of the new fabric of America, that debt collectors managed to pull off this scam for so long, inventing fake courtrooms, fake attorneys, fake judges, fake subpoenas and fake sheriff deputies to intimidate and bully debtors into giving up assets. Basically, that amounts to theft.

And it does signal the end of the American dream. I don’t agree with everything in the Der Spiegel piece, but the overarching theme is correct – Americans were taught that they could have it better than their parents, through hard work and initiative. And that’s not necessarily true anymore. We have an economic system tilted to the benefit of a several-block radius in Lower Manhattan known as Wall Street. We have a political system bought and paid for by those corporate interests. We have a legal system where power and influence can buy justice. And we have a culture of accountability that’s in tatters. So out of all of that, you get scam artists making fake courtrooms and stealing from people, basically assuming the robes of justice themselves in the absence of any competition.

It’s inequality, not just income inequality but inequality of opportunity, upward mobility and justice that drives this. In these times, it couldn’t be more important for community groups to band together, work with their neighbors and build a collective voice. It’s almost the only hope left.

Monday, May 31, 2010

“The Market” is a Reactionary Mystification

http://tarpley.net/2010/05/23/reply-to-the-attack-on-economic-populism/

“The Market” is a Reactionary Mystification: Reply to the Attack on Economic Populism from Franco Debenedetti and other Italian Economists
Webster G. Tarpley
TARPLEY.net
May 23, 2010

A group of Italian economists led by Franco Debenedetti of the famous financier clan and the banker Paolo Savona, obviously fearful that the Berlusconi-Tremonti government of Italy will join last Tuesday’s successful German ban on the type of toxic derivative known as the naked credit default swap, have sent an alarmed warning to the Corriere della Sera of Milan1. Debenedetti has contributed an article expressing similar sentiments to the Italian business newspaper Il Sole 24 Ore in which he rails at the “Mrs. Merkel market” now in force in Germany2. These economists, obviously inspired by the doctrines of Friedrich von Hayek and the Austrian school, want Italy to remain faithful no matter what to the widely discredited ideas of laissez-faire economics, even as those doctrines are everywhere under attack for having caused the current world economic depression. For these neoliberal and monetarist thinkers, any attempt to ban derivatives or tax speculation must be condemned as “economic populism,” which for these writers is a term of opprobrium.

These anti-populist economists need to be reminded of some basic facts about derivatives. The collapse of the Central European banking system in the summer of 1931 was decisively enabled by derivatives – specifically by speculation in wool futures by a north German textile company which brought down the Danat Bank, leading to panic runs on all German banks. Thanks to the American New Deal of Franklin D. Roosevelt, most over-the-counter and exchange-traded derivatives were illegal from 1936 to 1982 under the Commodities Exchange Act, which was repealed by the free-market enthusiast Ronald Reagan. During those years, US rates of economic growth and real wages were far superior to what they have been any time since, and financial panics were much more limited than they had been before or have become since. Presumably, FDR would be dismissed as a mere populist.

In today’s crisis, we are confronted at every turn with the fatal combination of deregulated hedge funds plus these now-rehabilitated derivatives, which in the meantime amount to a world speculative bubble of some $1.5 quadrillion of notional value. Lehman Brothers, Citibank, and Merrill Lynch were destroyed by derivatives in the form of a combination of their issuance of synthetic collateralized debt obligations based on mortgages and consumer debt, together with the credit default swaps used by hedge funds to attack these banks. The insurance company AIG had a hedge fund in London which issued $3 trillion worth of derivatives (more than the GDP of France), featuring a very toxic portfolio of credit default swaps. The failure of AIG caused by these toxic bets has now cost the US taxpayer $180 billion and counting. The attack on Greece, as these economists seem to recognize, was organized during a dinner party in Manhattan on February 8, 2010, leader reported in the headline story of the Wall Street Journal on February 26, 20103. European taxpayers are now on the hook for almost $1 trillion in bailouts as a result of this speculation. That Manhattan hedge fund dinner seems to fulfill the prima facie specifications of an illegal conspiracy in restraint of trade under the terms of the US Sherman Antitrust Act of 1890, a law proposed all those years ago by a very Republican senator and signed by Benjamin Harrison, a very Republican president. Were they populists too?

The May 6, 2010 1,000-point fall of the Dow Jones Industrial Average was the result of a speculative bet using options (i.e., derivatives) against the Standard & Poor’s 500 stock index placed by the Universa Investments hedge fund, advised by “Black Swan” theorist Nassim Taleb – according to the Wall Street Journal of May 11, 2010. That thousand point plunge, it is estimated, wiped out about $1 trillion worth of paper wealth in about 20 minutes. What with a trillion here and a trillion there, derivatives and the regulated hedge funds are becoming a prohibitively expensive luxury.

Debenedetti and his friends wish to save credit default swaps at all costs. In this they face serious problems. On one level, credit default swaps are bets, wagers, and therefore illegal under the gambling laws in many countries. If it is argued that credit default swaps are insurance, then they are also illegal, since most of the issuers are not insurance companies, and have no intention of meeting the legal requirements to underwrite insurance policies, such as legal registration, capital requirements, etc. Are credit default swaps such a glorious benefit to society that they should enjoy exemption from laws and regulations? Recent history indicates that derivatives do not merit such special treatment.

Debenedetti and his friends are also opposed to a Tobin tax, otherwise known as a Wall Street sales tax, financial transaction tax, securities transfer tax, trading tax, or Robin Hood tax, which would be levied on the financial transactions of market players. Debenedetti & Co. therefore want derivatives and other financial instruments to enjoy yet another exemption. In Italy, the vast majority of goods and services must pay a hefty Value Added Tax (VAT or IVA). Parents who want to buy shoes, clothing, and school supplies for their children must pay this tax. But for some strange reason, banks and hedge funds do not pay on their flash trading, program trading, and high-frequency trading. We can guess that the total deficit of governments at all levels in Europe, the United States, and Japan is closely correlated to the total exemption of financial institutions from IVA or sales tax on their turnover. To argue that this de facto public subsidy for speculation should be continued in an era when so many other activities are being heavily taxed or subjected to austerity cuts is reminiscent of the mentality of the French aristocracy under the pre-1789 ancien régime, which claimed that it had the divine right not be taxed under any circumstances. This claim, as we know, did not hold up.

At the heart of the arguments put forward by Debenedetti and his friends is the notion that human reason is very weak indeed, and cannot attain a practical understanding or overview of how political economy works. Only the market, they claim, can do with this by totalizing so many separate facts. But they are not arguing from any empirical observation of how markets really work, but expressing the fetishism of an efficient market which was typical of von Hayek and other Austrians. They tried to portray markets as genuine epistemological tools, which provided knowledge which could not be obtained any other way. Even the Ayn Rand devotee Alan Greenspan has backed away from this extravagant claim in the wake of the catastrophic collapse of the New York banks in October 2008. When asked whether he had been led astray by his market ideology, Greenspan told a Congressional hearing: “Yes, I’ve found a flaw. I don’t know how significant or permanent it is. But I’ve been very distressed by that fact.” (New York Times, October 23, 2008) Debenedetti does not share this distress. At the same time, the successful history of the Bank of the United States under Alexander Hamilton, the French Commissariat du Plan under DeGaulle, and the Japanese Ministry of International Trade and Industry (MITI)) makes clear to human reason is indeed capable of determining the main priorities of national economies.

Market fetishism is radically anti-historical. Everyone is aware of speculative manias, bubbles, panics, and the other recurring psychoses which make the judgment of any market totally unreliable in many critical moments. And what if there are monopolies, duopolies, oligopolies, trusts, combinations, or cartels of the February 8 type? Then the market is permanently distorted, which is what we have been seeing for decades.

Debenedetti wants “the market” to be seen as objective and impersonal, but it is not. “The market” has names and faces. If we find that half a dozen of the largest US banks control about 60% of all assets in the entire United States economy, then we can make that exorbitant control very personal and concrete. The owners of a majority share of the United States are bankers like Jamie Dimon of J.P. Morgan Chase, Vikram Pandit of Citibank, Lloyd Blankfein of Goldman Sachs, John Mack of Morgan Stanley, and Brian Moynihan of Bank of America/Merrill Lynch, and their respective boards. We can even know how many billions each one has been given in the form of bailouts at public expense.

The Austrian school makes the market into a metaphysical abstraction, a force above the rest of history, because it needs this mystification in order to defend the very concrete privileges of some very sleazy individuals who are the speculators. Some early Protestants tried to argue that the success of the speculator had been instituted by God. When this idea lost traction, apologists for speculation tried to argue that the speculators were morally or intellectually superior to the rest of humanity. When that did not work either, the Austrian school hit upon the trick of removing the speculators from consideration altogether by hiding them from view behind the anonymous and impersonal abstraction of “the market.” As the case of Greenspan suggests, this argument has also become untenable, and the entire edifice of Austrian thought is falling to the ground.

Debenedetti and his co-thinkers suggest that “the market” is able to detect the secret financial weaknesses of nations. But surely the shoe is on the other foot. The major US banks listed above were all, without exception, bankrupt and insolvent before US government intervention in the form of the bailout of October 2008. Today, any objective appraisal would conclude that Greece is far more economically viable and solvent then Citibank. Portugal is more viable than Goldman Sachs. Italy has a brighter economic future by far than J.P. Morgan.

The situation today would therefore seem to offer the following alternative. The speculative assault of the zombie banks and hedge fund speculators may succeed in bankrupting the modern nation state at all levels, in which case we will be dealing with the collapse of civilization as we have known it since the first prototype of the modern state emerged in Milan in the late 14th century under Giangaleazzo Visconti, who offered debt relief to strapped farmers. The better alternative is that the nation state will use its inherent sovereign powers to liquidate the bankrupt zombie banks and regulate many of the predatory activities of hedge funds out of existence, while banning the most toxic forms of derivatives and forcing speculators to share in the general tax burden of society.

Those who want the second of these alternatives must get to work here and now. The most obvious way to begin is for the present Italian government of Berlusconi and Tremonti to join the measures instituted by the German government last Tuesday. Italy should also go beyond these tentative initial German measures by banning all forms of credit default swaps, which are already inherently illegal under existing laws. Then there are those extremely dangerous synthetic collateralized debt obligations, which even Blankfein of Goldman Sachs has suggested might be done away with. They should indeed be totally banned at once. Antitrust investigations could be opened against the Feb. 8 hedge fund group by the Italian magistrates, whose independence has become world-famous. The Tobin tax should also be instituted on an emergency measure for financial stability and revenue enhancement on a purely national basis, with the revenue being retained for the benefit of the national budget.

Additional countries may soon join in the German ban. Likely candidates are the nations that were closely associated with the D-Mark in the old “snake in a tunnel” currency bloc starting in the 1970s. These would include Belgium and the Netherlands. The Czech Republic is another possibility, as is Sweden. Soon we may have a pro-derivatives bloc led by the US and the UK confronting an anti-derivatives bloc led by Germany. On the eve of the Washington Economic Conference of November 2008, I wrote: “The best we can hope for … is … dividing the world between a US-UK dominated derivatives bloc and a Brazil-India-Russia-China-South Africa anti-derivatives bloc interested in real physical commodity production, not fictitious capital.” The surprise is that the leadership of the anti-derivatives forces has actually been seized by Germany.
____________________________________
[1] Franco Debenedetti, Oscar Giannin, Antonio Martino, Roberto Perotti, Nicola Rossi, Paolo Savona, Vito Tanzi, Alberto Mingardi, “In difesa del mercato e degli operatori i responsabili veri e presunti della crisi,” Corriere della Sera, May 21, 2010, http://archiviostorico.corriere.it/2010/maggio/21/difesa_del_mercato_degli_operatori_co_9_100521085.shtml

[2] Franco Debenedetti, “È il mercato signora Merkel,” Il Sole 24 Ore, May 21, 2010, http://www.ilsole24ore.com/art/SoleOnLine4/Editrice/IlSole24Ore/2010/05/21/Italia/17_A.shtml

[3] See “Financial Warfare Exposed: Soros, Goldman Sachs, Hedge Funds Attack Greece to Smash Euro,” http://tarpley.net/2010/03/04/financial-warfare-exposed-soros-goldman-sachs-hedge-funds-attack-greece-to-smash-euro/

Wednesday, January 14, 2009

George the lobster gets new lease on life at 140

http://www.google.com/hostednews/ap/article/ALeqM5hmOrslWmPZJOTmOOWSP4do0VHBwwD95JUPLO0

George the lobster gets new lease on life at 140
1-9-9

NEW YORK (AP) — A new lease on life — at 140? That's what a Manhattan lobster got Friday, when the 20-pound crustacean named George was released from a swanky Park Avenue restaurant's tank. City Crab and Seafood agreed to a request from People for the Ethical Treatment of Animals to let the lobster return to the Atlantic Ocean.

"We applaud the folks at City Crab and Seafood for their compassionate decision to allow this noble old-timer to live out his days in freedom and peace," said PETA President Ingrid E. Newkirk.

Some scientists estimate lobsters can live to be more than 100 years old. PETA and the restaurant gauged George's age at about 140, using a rule of thumb based on the creature's weight.

Caught off Newfoundland, Canada, George lived in the tank for about 10 days. He was to be released Saturday near Kennebunkport, Maine, in an area where lobster trapping is forbidden.

The lobster was to make the trip to Maine in a plastic foam cooler, surrounded by seaweed, cold packs and wet newspapers.

George's life was saved by a diner who notified PETA after spotting the crustacean at the restaurant, where steamed Maine lobster goes for $27 per pound, said PETA spokesman Michael McGraw.

He said there have been at least a half-dozen other lobster "liberations" in restaurants around the country.

Sunday, December 28, 2008

Head of Fund Invested in Madoff Is Found Dead

http://dealbook.blogs.nytimes.com/2008/12/23/head-of-fund-invested-in-madoff-said-to-commit-suicide/

Head of Fund Invested in Madoff Is Found Dead
December 23, 2008

Rene-Thierry Magon de la Villehuchet, a founder of the hedge fund Access International Advisors, was found dead Tuesday in his office in Manhattan. His fund reportedly lost as much as $1.4 billion that had been invested with Bernard L. Madoff, the money manager accused of running a $50 billion Ponzi scheme.

A spokeswoman for the New York City Medical Examiner confirmed to Reuters that Mr. de la Villehuchet was pronounced dead Tuesday morning at a Madison Avenue building.

Authorities told DealBook that Mr. de la Villehuchet was found in his office with injuries to his arms, having apparently slit his wrists.

Mr. de la Villehuchet, 65, had been trying to recover the money that Access International raised in Europe and invested through Mr. Madoff’s business, according to La Tribune, which first reported the news, citing an unnamed source.

Luxalpha, a $1.4 billion Luxembourg-based fund sold across Europe, invested in Bernard L. Madoff Investment Securities. Access International last week called Mr. Madoff’s arrest “a shocking development” in a note to investors. Investors in the fund included a unit of Rothschild and several clients of the Swiss bank UBS.

UBS had been the custodian and administrator of the fund until this year when Access International took over. No one answered the phone at Access International’s New York office. No one responded to a phone call to Mr. de la Villehuchet’s home.

UBS has stated that Mr. Madoff was not on the bank’s wealth management recommended list as a direct investment option but it produced and sold funds containing the investment manager’s products. UBS would establish fund of funds structures at clients’ requests.

By early afternoon, a small scrum of reporters and photographers had gathered in front of the narrow entrance to Access International’s office on Madison Avenue in midtown Manhattan, only a few blocks away from Rockefeller Center.

–Zachery Kouwe, Michael Wilson and Michael J. de la Merced

Sunday, October 12, 2008

CNBC Confirms Lehman CEO Punched at Gym

http://www.businessandmedia.org/articles/2008/20081006150152.aspx

Knock Out: CNBC Confirms Lehman CEO Punched at Gym
Network verifies reports Richard Fuld was attacked for financial institution's bankruptcy.
By Jeff Poor
Business & Media Institute
10/6/2008

It seems anxiety from the financial crisis is reaching new highs, but the tipping point for one individual came at the Lehman Brothers gym in the midst of the company’s collapse.

While former Lehman CEO Richard Fuld was testifying before the House Oversight Committee Oct. 6, CNBC reported he had been punched in the face at the Lehman Brothers gym after it was announced the firm was going bankrupt. CNBC and Vanity Fair contributor Vicki Ward said Fuld was attacked at the gym on a Sunday following the bankruptcy.

“Frankly, I sat there and listened and I’m with the guy who apparently, the day before Barclays announced they were coming in and Lehman had already filed for bankruptcy, went over to him in the gym and punched him because that’s how I feel when I, you know, when I watched that,” Ward said on the Oct. 6 “Power Lunch.” “I didn’t think he was contrite at all, I thought he was arrogant.”

Ward confirmed previous reports about the incident that reportedly occurred Sept. 21 and said the information came from “two very senior sources.”

“From two very senior sources – one incredibly senior source – that he went to the gym after … Lehman was announced as going under. He was on a treadmill with a heart monitor on. Someone was in the corner, pumping iron and he walked over and he knocked him out cold. And frankly after having watched this, I’d have done the same too.”

Ward determined Fuld deserved the beating based on his testimony before the committee.

“I thought he was shameless,” Ward said. “I thought it was appalling. He blamed everyone. He blamed, as you say, ‘naked short sellers’ over and over in case we didn’t get the point, when in fact hedge funds like Harbinger had money locked up in Lehman and was shorting it to try and make the most of the money that they already had. He blamed everybody but himself.”

Lehman Brothers filed for bankruptcy in September 2008 and its assets were later snatched up by the British bank Barclays for $1.35 billion, which included Lehman’s Midtown Manhattan office tower with a $960 million price tag.

Wednesday, October 8, 2008

Stephen Colbert is a swinger for Marvel

http://latimesblogs.latimes.com/herocomplex/2008/09/stephen-colbert.html

Stephen Colbert is a swinger for Marvel
Sep 29 2008
Geoff Boucher

Plenty of television comedy stars have hung with Spider-Man, but Stephen Colbert may be the first to swing with him.

Colbert, the master parodist of Comedy Central, shares an eight-page adventure with the world-famous web-slinger in issue No. 573 of "The Amazing Spider-Man," on sale Oct. 15. The folks at Marvel sent over a page from the story and while I can't quite tell what's going on, it's pretty clear that Colbert actually takes to the rooftops of Manhattan with the arachnid hero.

Colbert and his name have been popping up a lot in Marvel pages lately (perhaps too much, actually), following the January announcement by the company's editor-in-chief Joe Quesada that Colbert's faux campaign for president in our world would be mirrored by a genuine bid for the White House within the Marvel universe. The references have been scattered in different issues (a cameo here, a campaign poster there, some T-shirts, etc.) but nothing quite as dramatic as this.

Marvel has always been open to daffy gimmicks like this -- hey this is the company built by Stan Lee, after all.

For instance, 30 years ago, "Saturday Night Live" was all the rage so, in the October 1978 issue of "Marvel Team-Up," Spider-Man met up with John Belushi and six other Not Ready for Prime-Time Players (Dan Aykroyd, Jane Curtin, Garrett Morris, Bill Murray, Laraine Newman and Gilda Radner) for a deliriously cheesy adventure. On the cover, Belushi is in samurai mode, but he looks vaguely like Anne Ramsey from "Throw Momma from the Train."

The "plot" has Peter Parker attending an "SNL" broadcast on the same night the evil Silver Samurai comes looking for a ring of great value that has accidentally ended up in the possession of Belushi (yes, that's right, he's basically Ringo Starr in "Help!").

The best moments in the story: Morris dressed up as Thor and the late Radner wondering to herself at one point, "Hm, what's that noise from Belushi's dressing room?" And I'm guessing that on most Saturday nights on the real set, that was a loaded question...

In 1984, it was David Letterman's turn to rub elbows with heroes in the pages of "The Avengers," and the results were even cheesier, with Al Milgrom's art rendering Letterman as an Alfred E. Neuman look-alike beneath a Gary Hart hair helmet. (I've never been a fan of Milgrom, sorry.) Paul Shaffer wore a Captain America T-shirt and Dave help beat the bad guys with the use of a giant door knob.

Has Letterman ever had a lamer career moment? I doubt it.

Oh wait, I forgot "Cabin Boy." Sorry.

It was much more subtle back in the Summer of Love, 1967, when Johnny Carson and Ed McMahon popped in a true classic, "The Amazing Spider-Man" issue No. 50.

That book had J. Jonah Jameson on the couch of "The Tonight Show" discussing the apparent disappearance of Spider-Man. It was a fleeting cameo with a totally different purpose; instead of trying to pull celebrities into a comics adventure, it felt like it was pulling the Marvel characters into a real world that added energy to the story arc.

So, of course, classy old Carson doesn't tussle with any villains (that issue, by the way, happened to have the first appearance of the Kingpin), he doesn't swing through the sky with Spidey or even try on the clothes of a Norse god for yucks.

And then there's that gorgeous John Romita Sr. cover, which must have jumped off the newsstand next to so many of the staid DC Comics issues of the day.

I'm just guessing that, no matter what Colbert pulls off next month with the modern web-head, Carson and the 1960s Spidey will still be the ones who age best.

Monday, September 15, 2008

The Bones of September

The Bones of September

Two vast and trunkless legs of steel
Like silent Pharaohs over Wall Street stood
Scraping the vast canvas of immortality

How many died erecting those towers:
Welders of iron, exoskeletal beams?
Manhattan is missing her two front teeth
Can you help me find them?

What were their thoughts on that morning’s long fall?
Beat, you wings! Just another few breaths!
Millions of fingers – of Flesh, of Memory –
Sift and sift that ancient dust

Manhattan is missing her two front teeth
Help me find them!

Now, only a torn, disfigured pedestal remains
And on it these words appear:
“My name is Ozymandias, King of Kings:
Look on my works, ye Mighty, and despair!”
Nothing beside remains. Round the decay
Of that colossal wreck, boundless and bare
The lone and level sands stretch far away.*

Autumn, impervious,
Mocking our imperial pretense,
Swirls her bluest skirt, whips her hips,
Casts the bones of September
Like I-Ching sticks over Baghdad
Throwing sunsets to die for.

- (c) Mitchel Cohen

Red Balloon Poetry Conspiracy, and Brooklyn Greens / Green Party

*Stanza recycled from Percy Bysshe Shelley, “Ozymandias”, 1817.

This poem is reprinted from Mitchel Cohen’s “The Permanent Carnival”, 2006.

Mitchel Cohen
2652 Cropsey Avenue
Brooklyn NY 11214
(718) 449-0037
mitchelcohen@mindspring.com

Thursday, July 31, 2008

Restaurants That Lack Calorie Counts Face Fines

http://www.nytimes.com/2008/07/19/nyregion/19calorie.html

July 19, 2008
Restaurants That Lack Calorie Counts Now Face Fines
By JAMES BARRON

Mark Loersch, who teaches nutrition to high school students, noticed something in a McDonald’s restaurant on West 42nd Street in Midtown Manhattan that he had not seen back home in Onalaska, Wis.: calorie counts posted next to the prices. A Big Mac has 540 calories, the sign said.

“It’s a good idea,” Mr. Loersch said, adding that knowing how many calories are in each item on the menu might make customers choose lighter ones. “A Big Mac is 300 calories less than an Angus mushroom and Swiss burger.” (Well, almost. The difference is actually 280 calories.)

The signs that caught Mr. Loersch’s eye on Friday are now required at many chain restaurants in New York City, and as of Saturday, city health inspectors can begin issuing citations that carry fines to restaurants that do not have calorie information posted with their prices.

Since May, inspectors have had the authority to cite restaurants that did not conform to the city’s calorie-posting rules. As of July 12, 277 restaurants had been cited.

But the health department had said there would be a “no fine” period at first, and that period was extended after the New York State Restaurant Association challenged the rules in federal court. The United States Court of Appeals for the Second Circuit eventually denied the restaurant association’s request to extend the no fine period beyond midnight Friday. The fines will range from $200 to $2,000.

On Friday, a check of half a dozen chain restaurants in Midtown showed that all had calorie counts posted. That was a change from early May, when the McDonald’s at 1560 Broadway, at West 46th Street, was one of the first restaurants cited for not having calorie figures posted.

Another restaurant cited on the first day calorie violations were issued, the Burger King at 561 Seventh Avenue, at West 40th Street, also had calorie figures on the signs above the counter.

“Scary, as I stand here holding, like, 3,200 calories,” said Nick Perna, a marketing specialist who had just bought a Whopper with cheese, French fries and a soft drink.

A colleague, Derek Cummings, took a closer look at the sign and said the total was only 1,720 calories. According to the sign, that was the maximum for a Whopper meal. The minimum was 1,260. The range covered extras a customer could order, like extra fries and extra cheese.

“I went sans cheese,” Mr. Cummings said, holding his own Whopper, “so I saved something.”

The calorie counts are part of a health department campaign that affects more than 2,000 restaurants, or about 10 percent of all restaurants in the city. The postings are required only in restaurants with more than 15 outlets nationwide, and the rules were supposed to take effect in April. But they were delayed while the restaurant association took the city to court.

Judge Richard J. Holwell, of United States District Court in Manhattan, ruled against the restaurant association, and the association took the case to the appeals court. The case has yet to be decided, but the judges refused to delay the fines any longer.

“If the court should find in our favor and they’ve started fining people, the question arises, are they going to give the fines back?” Chuck Hunt, a spokesman for the restaurant association, said on Friday.

He said his group had never been opposed to providing information about the calorie counts. “It’s a situation where the commissioner of health has been so adamant in his insistence on the way in which it must be done that has kept us in opposition,” Mr. Hunt said, referring to Dr. Thomas R. Frieden, the commissioner.

Had there been some flexibility, Mr. Hunt added, “I doubt we would have pursued the legal challenge as far.”

Some customers said the calorie counts might change people’s menu choices. But Tina Nguyen, an astrologer who was on a break from a class she was taking for a real estate license when she stopped at the Starbucks at 1372 Broadway, did not like the idea that the city had required the figures to be posted.

“This is starting to feel Big Brotherish,” she said. “If they want to change our eating behavior, the city could offer courses instead of picking on these restaurants.”

Saturday, April 19, 2008

Marilyn Monroe sex film to be kept private

http://news.yahoo.com/s/nm/20080414/people_nm/marilyn_monroe_sexfilm_dc

Marilyn Monroe sex film to be kept private
By Daniel Trotta
4-14-8

A 15-minute film of Marilyn Monroe engaging in oral sex with an unidentified man will be kept from public view by a New York businessman who has bought it for $1.5 million, the broker of the deal said on Monday.

Memorabilia collector Keya Morgan said he recently arranged the sale of the silent, black-and-white film from the son of a dead FBI informant who possessed it to a wealthy Manhattan businessman who wants to protect Monroe's privacy.

"The gentleman who bought it said out respect for Marilyn he's not going to make a joke of it and put it on the Internet and try to exploit her," said memorabilia collector Keya Morgan. "That's not his intention and I would never get my name involved if that were to happen."

Monroe is clothed and the man's head remains out of the frame for the entire 15 minutes of the film, said Morgan, who watched it.

Monroe was rumored to have had an affair with U.S. President John F. Kennedy, and Morgan said then FBI Director J. Edgar Hoover, a Kennedy rival, went to great lengths to try to prove it was Kennedy in the film.

One of Monroe's ex-husbands, the late baseball great Joe DiMaggio, once tried to buy it from the collector for $25,000 but "he would not part with it," according to FBI files on Monroe that are available on the FBI Web site.

Morgan is a well-known collector who owns memorabilia from the estates of Monroe and DiMaggio and said he was friends with Monroe's other two husbands, Jim Dougherty and Arthur Miller.

He said he learned of the existence of the film while working on a documentary about Monroe, who died in August 1962 at age 36. A former FBI agent told him about it, and Morgan said he confirmed it by tracking down the son of the FBI informant, who had provided a copy to the FBI.

"I thought the FBI agent was embellishing it for my documentary. I never believed it once until I pulled up the FBI document (referring to the film)," Morgan said.

The late informant's son had the original while the copy remains classified in the FBI files, said Morgan, whose deal was first reported by the New York Post on Monday.

"The FBI agent that I interviewed said J. Edgar Hoover was completely obsessed. A team of nine individuals were analyzing the tape inside a lab. J. Edgar Hoover brought in a few prostitutes who allegedly had been with President Kennedy and they tried to ... see if that was really President Kennedy."

An FBI spokesmen declined to comment except to point out the Monroe files available online, which refer to the film but make no mention of Hoover's purported interest.

(Editing by Sandra Maler)

Tuesday, April 8, 2008

Hollywood P.I. Anthony Pellicano had whack-y plan

http://www.nydailynews.com/gossip/2008/04/02/2008-04-02_hollywood_pi_anthony_pellicano_had_whack.html

Hollywood P.I. Anthony Pellicano had whack-y plan, client says
BY NANCY DILLON
DAILY NEWS WEST COAST BUREAU CHIEF
Wednesday, April 2nd 2008

LOS ANGELES - Accused Hollywood wiretapper Anthony Pellicano allegedly offered to whack a Hollywood producer for a Manhattan millionaire, according to bombshell testimony Tuesday.

In an account that seemed straight out of a "Godfather" movie, Manhattan hedge fund manager Adam Sender said Pellicano made the offer to kill during a face-to-face meeting at Sender's second home in L.A.'s ritzy Bel Air section.

This accusation was a serious step up from the slashed tires and late-night prank calls attributed to Pellicano by other witnesses.

Sender testified that he paid Pellicano a cool $500,000 to wiretap Russo in 2001 and 2002. He said Russo, a former Nevada gubernatorial candidate, owed him $1.1 million for a movie deal that never materialized.

The private investigator is on trial on wiretapping and bribery charges but not for conspiracy to commit murder.

Friday, March 28, 2008

Magazine names 7 wonders of architecture

http://news.yahoo.com/s/ap_travel/20080324/ap_tr_ge/travel_superlatives_architectural_wonders

Magazine names 7 wonders of architecture
Mon Mar 24, 2008

From the tall tower in Dubai to a contemporary art museum on New York's Lower East Side, noteworthy architecture is springing up around the globe. Conde Nast Traveler's April issue picks seven designs as the "new seven wonders of the architecture world." They are:

-Cumulus, an exhibit hall at Danfoss Universe, a science and technology museum in Nordborg, Denmark. The building has an irregular roof, all curves and angles, like a bite taken out of a cloud.

-Burj Dubai, the world's tallest building, which is under construction in the Middle East and is already more than 1,700 feet tall. The final height is a secret but its developer, Emaar Properties, has previously said it will stop somewhere above 2,275 feet and will exceed 160 floors.

-London's new Wembley Stadium, which seats 90,000 with no obstructed sight lines. A massive 436-foot-tall, 1,000-foot-long single arch braces the retractable roof. The stadium will be a centerpiece of the 2012 Olympics.

-New Museum of Contemporary Art, designed to resemble an off-kilter stack of silvery rectangles, located on the Bowery on Manhattan's once-seedy, now-trendy Lower East Side.

-Kogod Courtyard, Smithsonian Institution, Washington D.C., a curved roof made from a patterned grid of glass and steel above shallow pools in the courtyard of the Old Patent Office Building, also known as the Reynolds Center and home to the American Art Museum and the National Portrait Gallery.

-Red Ribbon, Tanghe River Park, in Qinhuangdao, China, about 180 miles east of Beijing, a steel bench that runs a third of a mile through a riverbank garden and ecological oasis.

-The Crystal, a controversial new entryway and exhibit space at Toronto's Royal Ontario Museum, whose sharp, even jagged angles have not been universally loved by the locals. It was designed by Daniel Libeskind.

Wednesday, March 19, 2008

The Spitzer Sex Sting: A Few More Questions

http://harpers.org/archive/2008/03/hbc-90002589

The Spitzer Sex Sting: A Few More Questions
BY Scott Horton
PUBLISHED March 10, 2008

It looks like the Bush Justice Department just bagged themselves another Democratic Governor. Here’s the New York Times on the story:

Gov. Eliot Spitzer, who gained national prominence relentlessly pursuing Wall Street wrongdoing, has been caught on a federal wiretap arranging to meet with a high-priced prostitute at a Washington hotel last month, according to a law enforcement official and a person briefed on the investigation.

The wiretap captured a man identified as Client 9 on a telephone call confirming plans to have a woman travel from New York to Washington, where he had reserved a hotel room, according to an affidavit filed in federal court in Manhattan. The person briefed on the case and the law enforcement official identified Mr. Spitzer as Client 9.

Mr. Spitzer, a first term Democrat, today made a brief public appearance during which he apologized for his behavior, and described it as a “private matter.” He did not address his political future. “I have acted in a way that violates my obligation to my family and violates my or any sense of right or wrong,” said Mr. Spitzer, who appeared with his wife Silda at his Manhattan office. “I apologize first and most importantly to my family. I apologize to the public to whom I promised better.”

On the other hand, ABC News this evening offers a starkly different account of how the investigation got launched. According to ABC, the whole investigation of the prostitution ring itself was triggered by an investigation of Spitzer.

The federal investigation of a New York prostitution ring was triggered by Gov. Eliot Spitzer’s suspicious money transfers, initially leading agents to believe Spitzer was hiding bribes, according to federal officials. It was only months later that the IRS and the FBI determined that Spitzer wasn’t hiding bribes but payments to a company called QAT, what prosecutors say is a prostitution operation operating under the name of the Emperors Club. …

The suspicious financial activity was initially reported by a bank to the IRS which, under direction from the Justice Department, brought in the FBI’s Public Corruption Squad. “We had no interest at all in the prostitution ring until the thing with Spitzer led us to learn about it,” said one Justice Department official.

Fox News reported earlier in the day that Spitzer would resign at his press conference. He did not. In any event, however, Spitzer—who was previously viewed as a rising star in the Democratic Party—is now damaged goods. Many had expected him to consolidate power in Albany, inching the Democrats towards control of the State Senate, and to rule as a powerful governor. He may or may not survive the initial shock waves of the scandal, but certainly no one now expects him to be a powerful force in the statehouse.

The Times notes in its story that Spitzer once prosecuted a prostitution ring:

In one such case in 2004, Mr. Spitzer spoke with revulsion and anger after announcing the arrest of 16 people for operating a high-end prostitution ring out of Staten Island. “This was a sophisticated and lucrative operation with a multitiered management structure,” Mr. Spitzer said at the time. “It was, however, nothing more than a prostitution ring.”

These facts are likely to dominate the punditry’s discussion of the issue. Spitzer will be labeled a hypocrite (a charge he can hardly refute).

However, there is a second tier of questions that needs to be examined with respect to the Spitzer case. They go to prosecutorial motivation and direction. Note that this prosecution was managed with staffers from the Public Integrity Section at the Department of Justice. This section is now at the center of a major scandal concerning politically directed prosecutions. During the Bush Administration, his Justice Department has opened 5.6 cases against Democrats for every one involving a Republican. Beyond this, a number of the cases seem to have been tied closely to election cycles. Indeed, a study of the cases out of Alabama shows clearly that even cases opened against Republicans are in fact only part of a broader pattern of going after Democrats. So here are the rather amazing facts that surface in the Spitzer case:

(1) The prosecutors handling the case came from the Public Integrity Section.

(2) The prosecution is opened under the White-Slave Traffic Act of 1910. You read that correctly. The statute itself is highly disreputable, and most of the high-profile cases brought under it were politically motivated and grossly abusive. Here are a few:

Heavyweight boxing champion Jack Johnson was the first man prosecuted under the act — for having an affair with Lucille Cameron, whom he later married. The prosecution was manifestly an effort “to get” Johnson, who at the time was the most famous African-American. (All of this is developed well in Ken Burns’s film “Unforgiveable Blackness”).

University of Chicago sociologist William I. Thomas was prosecuted for having an affair with an officer’s wife in France. Thomas was targeted because of his Bohemian social and his radical political views.

In 1944 Charles Chaplin was prosecuted for having an affair with actress Joan Barry. The prosecution again provided cover for a politically motivated effort to drive Chaplin out of the country.

Canadian author Elizabeth Smart was arrested and charged in 1940 while crossing the border with the British poet George Barker.

(3) The resources dedicated to the case in terms of prosecutors and investigators are extraordinary.

(4) How the investigation got started. The Justice Department has yet to give a full account of why they were looking into Spitzer’s payments, and indeed the suggestion in the ABC account is that it didn’t have anything to do with a prostitution ring. The suggestion that this was driven by an IRS inquiry and involved a bank might heighten, rather than allay, concerns of a politically motivated prosecution.

All of these facts are consistent with a process which is not the investigation of a crime, but rather an attempt to target and build a case against an individual.

The answer of the Justice Department to all this is likely to be: Trust us. But in the current environment, the reservoir of trust is tapped. The Justice Department needs to submit to some questions about how this probe got launched, who launched it, and to what extent political appointees were involved in its direction. This has nothing to do with Spitzer’s guilt or innocence. But it has everything to do with the fading integrity of the Public Integrity Section.

Friday, March 14, 2008

Spitzer Got Tripped Up Laws He Enforced

http://ap.google.com/article/ALeqM5jK7JN30OZBXkVgn6qkcqzZ-uUkLQD8VBFGQO2

Spitzer Got Tripped Up Laws He Enforced
By SAMANTHA GROSS and DEVLIN BARRETT
3-11-8

NEW YORK (AP) — Eliot Spitzer knew how to catch bad guys by following the money.

As attorney general, he once broke up a call-girl ring and locked up 18 people on corruption, money-laundering and prostitution charges. He ruthlessly investigated the pay packages of Wall Street executives and was so familiar with shady financial maneuvers that he rose to become the top racketeering prosecutor in Manhattan.

But in the end, it appears that Spitzer may have been done in by the same behavior he built a career out of prosecuting.

In fact, it seems he was tripped up by some of the very financial accounting methods he used so successfully against multibillion-dollar Wall Street firms.

For one thing, the governor initially drew the attention of federal investigators because of cash payments to an account operated by a call-girl ring, according to a law enforcement official who spoke on condition of because of the sensitivity of the case.

Banks are required to file Suspicious Activity Reports to the government whenever they observe something they fear may be a crime.

In court papers, Client 9 — identified by another law enforcement official as Spitzer — hurried to get more than $4,000 in cash to pay a call girl at a Washington hotel.

That kind of activity, repeated over time, is just the kind of thing that would set off alarm bells with a bank's compliance officer, who is trained to be on the lookout for what is called structuring or "smurfing" — a pattern of transactions aimed at hiding the nature or purpose of certain money.

Spitzer of all people should have known that, said Miami-based lawyer Gregory Baldwin, credited with coining the term "smurfing" in the 1980s as a federal prosecutor.

"I think he's done enough cases where he's charged money laundering that he would know exactly what kind of information you get from the banks. It's such a perfect example of what goes around, comes around," he said.

By the time the scandal broke this week, Spitzer's financial transactions had been monitored, his phone calls had been caught on tape, and his actions had been scrutinized by federal prosecutors. It could have been straight out of the Spitzer prosecution playbook.

Whether Spitzer thought he was smarter than the feds because of his own professional experience is, for now at least, a matter for psychologists to speculate on.

As New York attorney general, Spitzer was also familiar with how to bust up a prostitution ring.

Spitzer proudly announced on April 8, 2004, that authorities had arrested 18 people on promoting prostitution and related charges — including money laundering and falsifying business records — in an investigation of escort services in New York.

"This was a sophisticated and lucrative operation with a multitiered management structure," Spitzer said at the time. "It was, however, nothing more than a prostitution ring, and now its owners and operators will be held accountable."

In the 2004 probe, investigators used wiretaps and other surveillance to build their case, said Vincent Romano, who defended the man accused of running the ring. Prosecutors also charged some of the defendants with enterprise corruption — a charge carrying heavier penalties than simple prostitution. No charges were brought against the ring's customers, just those accused of working for or running the service.

"It was a big splash. They had the perp walk. He caused a lot of embarrassment to a lot of people in the case to his benefit. What he put their families through at the time, he's probably experiencing now: the level of embarrassment and ridicule," Romano said.

"He's got this overzealous, mean-spirited prosecution, but behind closed doors in another state, he's doing the identical thing that he's accusing others of doing," he added. "And the other irony of it is that you've made a career off of a wiretap, and your demise is by the same prosecutorial tool."

The investigation that could spell Spitzer's ruin found that Client 9 was apparently a repeat customer with the Emperors Club VIP, a lucrative prostitution service where some call girls pulled in $5,500 an hour. The governor has not been charged, and prosecutors would not comment on the case.

A person familiar with the investigation told The Associated Press that the probe began with a referral from banks to an Internal Revenue Service office on Long Island about suspicious transactions involving accounts ultimately traced to Spitzer. The IRS studied the records and then referred the case to federal prosecutors in October. It was then assigned to the public corruption unit of the federal prosecutor's office in Manhattan.

The precise details of what set off alarm bells for federal authorities are still unclear.

But authorities believe Spitzer may have spent tens of thousands of dollars, apparently transferring only personal funds — not campaign contributions or state taxpayer dollars — between accounts to pay for the prostitute service, according to a law enforcement official who spoke on condition of anonymity.

A half-million or so times every year, banks alert the federal government that a suspicious transaction has occurred. Although the public sometimes thinks it requires a transfer of $10,000 or more to attract attention, banks can label transactions suspicious even if they involve far less money, said Walter Pagano, a former IRS agent who has testified in court on white-collar crime.

Spitzer might have tried to keep his transfers below the $10,000 threshold, underestimating the scrutiny that banks give to lesser amounts.

Spitzer prosecuted cases in New York for two decades before becoming governor. From 1986 to 1992, he was an assistant district attorney in Manhattan. While there, he rose to become chief of the labor racketeering unit.

While attorney general, he also went up against two men he accused of using their tour company to promote "sex tourism" in the Philippines and Thailand — first suing them in civil court and then bringing criminal charges.

One defense attorney on the case said it was politically motivated.

"He prosecuted a couple of little guys who were easy targets when he was running for governor," Daniel Hochheiser said. "The whole situation is marked by irony, hypocrisy and self-righteousness."

Associated Press Writer Devlin Barrett contributed to this report from Washington and AP Writer Larry Neumeister contributed from New York.