07/02/10 Mel Gibson Sells Off Connecticut Estate

Greenwich News - July 2, 2010

Mel Gibson Sells Off Connecticut Estate (Starpulse News Blog)

Mel Gibson has made a massive $14.7 million profit on the sale of his sprawling Connecticut estate.

Versailles to move to larger space (Connecticut Post)

Versailles will soon be able to bring a bit more of France to Greenwich Avenue. Ingrid and Steve McMenamin of Greenwich, who in December 2008 took over Versailles after the death of founder Maurice Clos-Versailles , plan to move the 1,200-square-foot cafe and patisserie, at 315 Greenwich Ave., to a 2,000-square-foot space at 339 Greenwich Ave.

New citizens in honor of the 4th (The Day)

Joseph Chun, right, a Pomfret Center resident who immigrated from South Korea, waves the flag he just received during a naturalization ceremony for new citizens at Middletown City Hall on Thursday, July 1, 2010.

Make Portuguese-style paella in a pinch (MSNBC)

No need to spend all day by the grill this Fourth of July. Here, chef Rui Correia of Douro restaurant in Greenwich, Conn., shares his Portuguese-style paella, a simple, savory dish that will let you enjoy your holiday get-together and leave your guests wanting more.

Bear spotted in backcountry Greenwich, Connecticut (EXCLUSIVE) (theoriginalgreenwichdiva)

Residents on a quiet backcountry road in Greenwich, Connecticut called 911 early Thursday morning after spotting a bear in the neighborhood. Backcountry resident Gary Rothman said that while taking his usual early morning walk, he spotted the eight-foot animal "just hanging out" at 25 Buckfield Lane. "It surprised me," Rothman said. "I have lived in this neighborhood for over thirteen years and this is the first time I have seen one." Animal control, who responded to the early morning call, said that by the time they arrived where the animal was spotted, it was already gone. Authorities are asking residents to call 911 should they run into the potentially dangerous animal.

More Greenwich News From Topix:

Mel Gibson sells 75-acre Conn. estate for $24M (Salon)

In this Feb. 4, 2010 file photo, Mel Gibson and Oksana Grigorieva arrive at the "Edge Of Darkness" Premiere in Paris.

Agents & Agencies (News Times)

Gigi Melillo, manager of the Darien-Rowayton offices of William Pitt Sotheby 's International Realty was named "Manager of the Year" at the company.

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07/01/10 Conservative Congressional Candidate And Jim Himes Opponent Rick Torres Is In The News

Web Pages About Jim Himes Opponent Rick Torres

Cos Cob Roundup: 06/29/10 Rick Torres Who Is Running Against Cos ... Rick Torres, candidate for Congress in the 4th Congressional District, cordially invites you to casual picnic Thursdays at his home, 108 Midland Road, ... coscobroundup.blogspot.com/.../062910-rick-torres-who-is-ru...

Unemployment Congress News June 21st | Mindful Roots 062110 MEDIA ALERT Rick Torres Press Release On Ballot Qualification For Immediate Release Torres For Congress 2039231321 June 21 2010 Contact Victoria ... www.mindfulroots.com/.../unemployment-congress-news-june...

Candidate for Congress will have 'meet and greet' - Ridgefield, CT ... Candidate for Congress will have 'meet and greet' ... endorsed by the Republican convention, and Rick Torres, a former candidate for mayor of Bridgeport. ... www.americantowns.com/.../candidate-for-congress-will-have-...

Obama Administration Weighs Bypassing Congress to Let Illegal ... Not each member of congress thinking for them selfs . This is a game of baseball , .... Rick Torres Unveils Economic Plan for Connecticut 1 Reply ... www.resistnet.com/xn/detail/2600775:Comment:2322305?...

August 10 Primary approaching - NewsTimes ... Peter Schiff, Rob Simmons), Congress (Dan Debicella, Rob Merkle, Rick Torres ) and Probate Judge (Michael Murray, William Osterndorf, John Ryan). ... www.newstimes.com/.../August-10-Primary-approaching-543...

Candidate for Congress will have 'meet and greet' - Connecticut ... Candidate for Congress will have 'meet and greet' ... MEDIA ALERT: 9/11 Families for a Secure America endorses Rick Torres The families and victims of the ... fwix.com/.../candidate_for_congress_will_have_meet_and_gr...

[All Around the World News] Connecticut Post Fairfield Roundup: 06/21/10 MEDIA ALERT: Rick Torres Press Release ... Posted by Fairfield Roundup On June - 25 - 2010. 0 comments: Post a Comment. ... www.aawnews.com/connecticut-post

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07/01/10 The Guy Who Joined With Fox News Reporter Charlie Gasparino In An Effort To Get Reporter Teri Buhl Fired At The Greenwich Time Just Got Sued

Hearst Newspaper Editor David McCumber

Wont Let You Read This In The Greenwich Time .....

Randall Lane Sued For $100 Million Over A Hit Piece He Did On Mets Star Lenny Dkystra And CNBC's Jim Cramer

http://www.hedgetracker.com/article/Penny-Stock-Company-sues-author-Randall-Lane-on-alleged-Lenny-Dykstra-stock-pump-report

...Lane in fact, says he saw stock certificates issued to Peel, which his single source Richard O’Connor, who worked as a consult for AVT, says he got from a staffer of the publicly traded company. What Lane left out of his report is that O’Connor has a major ax to grind against Illingworth and AVT. He was fired by AVT for not delivering on his fund raising and marketing commitments and then was sued by the company for libel and false claims in Orange County Superior Court. AVT won a judgment against O’Connor for $37,569.82 , which according to Illingworth, O’Connor has yet to pay. O’Connor could not be reached for comment at press time.

Lane told the New York Post when they reported AVT issued a cease and desist order against Lane, that he stands by the book "in its entirety’ (source). We’re sure he does, except let’s not forget the hard-on Lane has for Dkystra who pulled a million dollar financial newsletter business from his company, Doubledown Media, in early 2008......

....the author of a coming book called Nailed: The Improbable Rise & Fall of Lenny Dykstra, says, “Cramer and TheStreet.com clearly played a significant role in building Lenny Dykstra’s credibility in the world of finance beginning in 2005. However, they were not alone. Randall’s comments seem to neglect his and Doubledown’s role completely. In March and April 2008, Doubledown heavily promoted Lenny and his financial attributes to various media outlets to create a buzz around two new products: The Players Club magazine and The Dykstra Report. There was a heavy marketing machine around the idea of Lenny Dykstra, financial genius that really elevated his visibility on Main Street. Doubledown’s wasn’t just another voice in the chorus – it was one of the loudest voices.” ....

It Was Easy For Randall Lane To Push Around Hearst Newspaper Editor David McCumber, But He Got A Couple Of Tigers By The Tail When He Went After Dkystra And Cramer

PLEASE SEE:

HEDGE FUNDS - New York Times

Was Dykstra Cramer’s Worst Pick of All?

When Jim Cramer deemed Lenny Dykstra, the former baseball centerfielder with the New York Mets, an investing authority, did he make his worst call yet?

That’s the suggestion by Randall Lane, who claims in his new book, “The Zeroes: My Misadventures in the Decade Wall Street Went Insane,” that in taking Mr. Dykstra under his wing, the stock-picking, booyah bellowing former hedge fund manager and current host of “Mad Money” unwittingly ensnared himself in a scandal.

According to Mr. Randall, Mr. Dykstra allegedly agreed to take $250,000 worth of stock in exchange for recommending that stock to subscribers of a newsletter the former Major League All-Star wrote for Mr. Cramer’s TheStreet.com.

Writing about it in The Daily Beast, Mr. Randall says:

Jim Cramer single-handedly created the concept of Dykstra-as-financial genius. Known mostly for his willingness to crash his body into walls or his cars into trees (nickname: “Nails”), the former New York Met and Philadelphia Phillie became an investment columnist for TheStreet.com in 2005, after sending Cramer an unsolicited email. For the next four years, Dykstra made stock picks, focusing on “deep-in-the-money calls”—a way to buy leveraged options—for tens of thousands of followers on Cramer’s website.

“Not only is he sophisticated, he is one of the great ones in this business,” Mr. Randall quotes Mr. Cramer as having said of Mr. Dykstra in 2008. Mr. Randall notes how the former baseball star was one of only “four or five” people Jim Cramer would listen to for stocks advice.

Mr. Randall continues:

Cramer, I am sure, had no knowledge of Dykstra’s “pay to plug” scheme—an arrangement that could well lead to a Securities & Exchange Commission investigation. He was just a dupe. But his relentless endorsements and promotion of the ballplayer’s stock-picking over the years must now surely rank as his most ill-conceived.

(Hat tip to The New York Post)

Go to Article from The Daily Beast »

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07/01/10 In This Week's Greenwich Post

Have you seen the Post?

The Greenwich Post came out today. Have you seen what’s inside? Here are a few of the news items and features in this week’s issue. The Post is available on newsstands today and online and by mail to subscribers.

News:

• Uncle, brother to presidents dies

• Economy, jobs at center of governor’s race

• Hundreds take the plunge for cancer research

• Town will host series of Fourth of July events and fireworks this weekend

• Graduates bid farewell to Greenwich High School

• GHS auditorium project could break ground this time next year

• Governor candidate and Greenwich businessman faces scrutiny after past arrests brought to light

• Old Greenwich pastor facing child pornography charges released on house arrest

• Tea Party Patriots to march in Greenwich on July 4

• Murder-for-hire case in court tomorrow

Opinion:

• Post launches new columns this summer: Michael Sandifer’s “Aging Matters” on senior issues which runs in today’s paper, and next week Amanda Bomann’s “Crib Notes” on being a new mother

• Talking Transportation columnist talks about Grand Central’s secrets

• Joe Pisani talks about the misfortunes of fame, the truth about tabloids

Sports:

• GHS alum finishes steller sailing career at University of Vermont

• Big Red’s boys golf team finishes memorable season

• Athletics win the Greenwich Cal Ripkin Major League Championship

• Town Wiffleball tournament is back on July 17

Around town:

• New kid in town launches newcomers society

• Cyclist returns from 3,000 mile journey today

• Greenwich restauranteur talks about finding success in a shaky economy

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07/10/10 Greenwich Broker Barred For Manipulating Shares

You Wont Read This In The Greenwich Time.....

Greenwich Deutsche Bank Broker Barred For Manipulating Shares Of MGRM

Financial Industry Regulatory Authority (FINRA) just banned a Deutsche Bank broker, Edward Brokaw, who they say manipulated MGRM (Monogram Biosciences) stock on purpose in order to make money off trades for his family and an unnamed hedge fund client.

First, the background:

Brokaw's hedge fund client held approximately 18.5 million MGRM CVRs (a type of derivative). Brokaw and his family owned 217,000 of the CVRs.

For every penny the final VWAP (volume weighted average price) dropped below $2.90, the value of the hedge fund's CVRs increased by $185,000.

• Hedge fund places an order with Brokaw to sell 50,000 MGRM shares ~ market open and another 50,000 shares ~ close.
• Brokaw calls a Deutsche Bank sales trader and says, "Take 50,000 MGRM at the market. Sell it down. Sell it as low as you want. Sell it hard, 50,000." (There is a tape recording.)
• Sell off
• MGRM shares dropped in one minute from $2.06 to $1.94
• Brokaw's aggressive placement of those sell orders continued for three trading days

The target price was the final MGRM VWAP at $2.02, when the maximum payout of $.88 per CVR would be paid. If MGRM hit $2.02, Brokaw's family would get $188,000. The hedge fund would make around $16 million.

But then, this happened, according to FINRA:

• Deutsche Bank's compliance personnel reviewed Brokaw's orders,
• DB decided it would no longer execute MGRM sales for the hedge fund's account.
• Deutsche Bank first suspended, then terminated Brokaw

The hearing panel judged that "the objective of the selling strategy was to drive down the price of MGRM shares rather than to obtain the best price ... (Brokaw) placed the orders to artificially depress the price of MGRM to impact the pricing of the CVRs."

More Information:

Ex Deutsche Bank Broker Edward Brokaw Barred From Securities Industry

FINRA Hearing Panel Bars Broker for Manipulating Stock Price Downward to Benefit Hedge Fund Client

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07/01/10 The Raw Greenwich News Feed: Morning Edition

The Latest News Reports About Greenwich

Mel Gibson's 75-acre Greenwich estate sells for $24 million Greenwich Time Actor/director Mel Gibson, shown in November 2006, has sold his Greenwich property. (AP Photo/Matt Sayles) Photo: Contributed Photo / Greenwich Time ...

NY Hedge Fund Tax Re-Ignites Conn. Rivalry New York Times ... who already live in places like Greenwich, Conn., or Summit, NJ, could decide to move their businesses out of New York altogether and work closer to home.

With future unknown, GHS grads told they have winning tickets Greenwich Post With the 691 members of the Greenwich High School class of 2010 facing unknown futures of colleges, jobs and lives outside the town in which they grew up, ... Greenwich Post

Rink &* Racquet advances in Senior Babe Ruth Greenwich Time Todd O'Connell of Rink & Racquet steals second base during the bottom of the first inning as shortstop ...

Town Wiffle ball tournament is back, slated for July 17 Greenwich Post The Greenwich Police Department is partnering with the JR United Way of Greenwich, Golden Ticket Events, Garden Catering and Belray Capital, LLC, ...

Despite late struggles, Big Red's boys golf team has quite the memorable season Greenwich Post Although the Greenwich High School boys golf team didn't make as much noise in the postseason as head coach Jeff Santilli would have liked, Big Red still ...

GSK and Aptuit finalize agreement for Aptuit to acquire GSK's research ... MarketWatch (press release) LONDON & GREENWICH, Conn., Jul 01, 2010 (BUSINESS WIRE) -- GlaxoSmithKline (GSK) and Aptuit, Inc. announced today that they have finalized an agreement for ...

Hockey Hall of Famer Glenn Anderson Commits To "Big Assist" Fundraiser Patch This year's winner of the Lady Byng Trophy, St. Louis also attended the inaugural event last year and has an offseason home in Greenwich. ...

17 Arrested in 'Steal to Order' Car Theft Ring WNYC Seventeen people have been arrested, including exporters, expert car thieves, and employees at two car dealerships in Greenwich, Conn., and Fairlawn, NJ. ...

Argentine Bonds Fall as US Stock Slump Saps Investor Demand BusinessWeek ... an emerging market debt portfolio manager who helps oversee more than $2.6 billion worth of assets at Greenwich, Connecticut-based fund Gramercy. ...

Freund names consultant as schools' new facilities director Greenwich Time ... maintenance and custodial departments for the district's 15 schools and its central office at the Havemeyer Building on Greenwich Avenue. ...

Agents & Agencies Ct Post Jim Hoffman and Bob Brooker have joined the Greenwich office of Weichert Realtors as an experienced sales team. Longtime Greenwich residents, they hold the ...

Lieberman Honors Local Volunteers at JFS celebration Danbury News Times For more information, call 203-921-4161 or visit ctjfs.org. as they marched down Greenwich Avenue for Hands Across the Avenue Walk, a May 16 benefit for the ...

All-Star's hit parade nets two wins and berth in District final NCAdvertiser.com New Canaan, which crushed Greenwich, 16-4, on Saturday, has racked up 29 runs in two games and has hammered the ball all over the park. ... NCAdvertiser.com

Will Cohn Makes His Mark in 'Othello' Patch Performances will be held in Greenwich July 2-11. Contributed photo Westport's Will Cohn wrapped up his first production of Shakespeare on the Sound's ...

FreshDirect eyes expansion beyond the New York tri-state region InternetRetailer.com ... April has been offering deliveries to 21 communities in Westchester County, NY, and four suburban Connecticut towns including Greenwich and Riverside. ...

Greenwich In The Blogosphere

Chauffeur FOR Limousine Company (Greenwich,CT) | New York By admin VIP Limousine Company looking for FULL TIME Professional Chauffeur with a minimum of 5 years experience to drive our Company Vehicle. MUST HAVE LIM. New York - http://www.find-jobs-in-new-york.com/

GHS 2010 Graduates – Our Greenwich By johnferrisrobben Our Greenwich. It's Our Town.. Our Greenwich - http://ourgreenwich.com/

Gibbo Fan » A Mel Gibson Fansite » Blog Archive » It's About Time By BlessedBeauty "It's an indication of a good, solid investment in Greenwich real estate," said Renee Gallagher, co-founder and managing director of Round Hill Partners, whose partner, Joann Erb, was the listing agent for the property years ago, ... Gibbo Fan - http://gibbofan.net/

Joey K's Place: Distractions By Whitemist Infiltrating the Greenwich Croquet Club - I stumbled upon the most amazing thing yesterday: REAL CROQUET. We were leaving Bruce Park Playground in Greenwich, and rather than hop directly on the hi... 3 days ago. Always Home and Uncool. ... Joey K's Place - http://joeyksplace.blogspot.com/

Recently Updated Web Pages About Greenwich

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07/01/10 Rell To Hedge Funds: It's Better In Connecticut

Greenwich News - July 1, 2010

Rell To Hedge Funds: It's Better In Connecticut (WTIC-TV Hartford)

To the hedge fund managers of New York state, Gov. M. Jodi Rell had this to say on Wednesday: Connecticut will help pack your bags.

Pet Trade Groups, Retailers Commit $500,000 to PIJAC in 2010 (Pet Product News)

The Pet Industry Joint Advisory Council reported today that several major pet industry trade associations and retailers have agreed to provide more than $500,000 in financial support.

Will Cohn Makes His Mark in 'Othello' (Westport Patch)

Staples High School student Will Cohn can be seen portraying "Boy" in Shakespeare on the Sound's production of "Othello." Performances will be held in Greenwich July 2-11. Contributed photo Photos Credit Contributed photo http://assets0.patch-assets.com/assets/photos/000/584/284/584284_collapsed.jpg?1277913245 Westport's Will Cohn wrapped up his ...

Democratic Endorsed Party Dan Malloy: Will Greenwich Resident Ned Lamont release His Records? (greenwichroundup.blogspot)

MALLOY RESPONDS TO NED LAMONT'S ATTACK

The following is a statement from Dan Malloy, the Democratic Party's endorsed candidate for Governor:

"My record on jobs and economic development is crystal clear: during my time as Mayor, Stamford added nearly 5,000 new jobs. That's an indisputable fact. Actually, that number is probably conservative. RBS, UBS, Purdue Pharma, Bank of Ireland, Jeffries, Thomson Reuters, Fuji, NBC, Starwood Hotels & Resorts, Carol Lee, Aon Insurance, Greenwich Associates, Lloyds of London, NBC, Rockefeller & Co., Unilever, Columbus Circle Investors, Burlington Coat Factory, Modells, Hampton Inn, Rochdale Securities, Gartner Group - all of these companies, and others, brought new jobs to Stamford. As a result, small businesses across the city flourished from this increase in people working in Stamford. "

So why is Ned Lamont attacking my record on jobs? Because he doesn't want to talk about his own. In his time as CEO Ned laid off most of his workforce, while paying himself hundreds of thousands of dollars.

Those are the facts.

We'd have more facts if Ned would release his business and personal tax returns for the last 10 years.

I'm happy to do the same.

For a guy who claims to have 'hired hundreds of people' I would think he would want to release these records. "

My life and record are open books. Ned's should be too."

Dan Malloy, the Democratic Party's endorsed candidate for Governor, also stated:

"We've answered the question. Our ad stays up because my record is clear: under my leadership Stamford added nearly 5,000 new jobs. In fact, the number is probably higher than that. For a more balanced view of my record than the article the Lamont campaign is pointing to, look at the following.....

Well-known attorney admits owing $1.1 million in taxes (NewsTimesLive)

Michael Sherman leaves the Federal Courthouse in Bridgeport with his defense attorney, William Dow III on Wednesday June 30, 2010.

More Greenwich News From Topix:

Jim Himes' Conservative Opponent Endorsed By 9/11 Families for a Secure America (greenwichroundup.blogspot)

MEDIA ALERT: 9/11 Families for a Secure America endorses Rick Torres

The families and victims of the September 11, 2001 terror attacks and other violent crimes committed by illegal aliens

www.911fsa.org

/11 Families for a Secure America endorses Rick Torres for the Republican nomination for Congress from Connecticut's 4th District. 9/11 FSA is a membership organization consisting entirely of victims of violent crimes committed by by illegal aliens or 'legal' aliens allowed to enter the USA as a result of official negligence. All our members have either lost a loved one in a murder or are the survivors of such victims. Many of our families lost loved ones on 9/11.

Others lost family members in street crimes committed by foreign citizens who, like the 9/11 terrorists, were only able to enter our country because of the federal government's refusal to enforce our laws governing immigration and issuance of visitor visas. We understand the true human cost of the refusal of Congress to demand enforcement of our immigration laws.

Yet our members, many of whom are legal immigrants themselves or the children or grandchildren of immigrants, strongly support properly administered legal immigration.

Rick Torres, himself the son of refugees from the Castro tyranny, is fully committed to the principles our members support.

In particular, Rick Torres has confronted the Hamas front group known as the Council on American Islamic Relations (CAIR).

He has shown the courage to state the true nature of this front group for Islamic terrorism and has become a target for these un-American infiltrators into our country.

The many members of 9/11 Families for a Secure America who saw their loved ones die on September 11, 2001 know too well that the Islamic terrorist threat is only increased by members of Congress such as Jim Himes, who encourage an enemy which hides behind our tolerant and politically correct society while they plotting to destroy us....

Skakel Lawyer Expected To Admit Tax Evasion (The Hartford Courant)

Celebrity attorney Michael Sherman is due in federal court in Connecticut to enter an expected guilty plea to failing to pay nearly $400,000 in taxes.

Boeing to Buy Argon ST For $775 Million to Expand Military Electronics (Bloomberg)

Boeing Co. agreed to buy defense contractor Argon ST Inc. for $34.50 a share in cash, expanding the planemakera s reach into the market for military electronics.

Editor's notebook / Kevin Lally: Community first (Fairfield Citizen-News)

The Brooks newspaper group was saddened to hear last weekend that our former publisher, Kevin Lally , died at age 53.

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07/10/10 GreenwichStreets.com a new blog on Greenwich

Hi,

I really like your Greenwich Roundup Blog and I put a link to it on my blog at http://www.greenwichstreets.com

The Greenwich Streets blog covers news items, interesting people, real estate and what makes Greenwich Greenwich. I was hoping that you might be interested in linking to it either now or in the future.

Thanks,

Mark Pruner

________________________________________________

Mark Pruner www.greenwichstreets.com
mark@prudentialct.com 203-637-6283 (direct)
136 East Putnam Ave. 203-869-3141 (fax)
Greenwich, CT 06830
________________________________________________

COMMENT:

Dear Mark,

Congrats on the new blog.

I will put a permanent link that will include an RSS feed of your latest post in the Raw Greenwich Blog Feed that appears at the end of every post.

Good Luck To You

Recent Posts From Greenwich Streets:

School Superintendent makes appointment to crucial, but unheralded Department of Education position

Mel Gibson's House sells for $24 Million in back country Greenwich

New York State and Governor Patterson go out of there way to help Greenwich property values with carried interest tax on hedge funds

Old Greenwich Deal of the Week - 20% reduction to $995K to be announced

Great new Greenwich restaurant hides in plain sight

They are everywhere, brightening every corner of Greenwich

Best Greenwich School Superintendent in a decade celebrates first anniversary

Youngsters cause traffic jam at Greenwich Office Park

Great news for Connecticut state budget! (NY budget a work in progress)

Greenwich over $10 million dollar market looks like a bargain

Mark Pruner's Profile:

I've lived in Greenwich for over 30 years. I was raised in Old Greenwich, rented an apartment near downtown Greenwich after law school, bought a house in Old Greenwich and moved to backcountry Greenwich after getting married. I now work as a Connecticut-licensed, sales executive for Prudential Connecticut Realty in their Greenwich office at 136 E. Putnam Ave. Greenwich, CT 06831 203-869-0500 x283.

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