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Monday, February 9, 2009

2/09/09 : FAIRFIELD GREENWICH GROUP: The Fire Sale Begins Fairfield Founders Begin Selling Assets At Soon To Be Closed Hedge Fund

MADOFF SELL-OFF: Times are getting tough for Walter Noel and Jeffrey Tucker

Fairfield Greenwich Brass Recently Dumped A Shared Interest In A Cessna 560XL Private Jet

Greenwich Fairfield heads Walter Noel and Jeffrey Tucker have been selling off their fortune in anticipation of legal action

Melanie Tucker has had to cut back on her bridge habit

HEDGE-FUND HONCHOS BURNED IN SCAM START FIRE SALE

New York Post

The founders of a New York hedge fund at the center of the Bernard Madoff scandal have begun selling assets as their firm faces massive losses and a slew of lawsuits, sources told The Post.....

The pair recently dumped a shared interest in a Cessna 560XL private jet, according to a person close to the firm.

The duo purchased a one-sixteenth share in the jet in late 2006, giving them between 25 and 50 hours of use a year. Experts estimate the sale saves them a portion of the plane's $200,000 annual maintenance fees, plus $2,000 for each hour of use.

Meanwhile, Tucker - the lesser-known founder of the Madoff-scarred firm - is looking to sell his posh horse farm in Schuylerville, NY, near Saratoga Springs .....

PLEASE SEE:




The New York Post Article Continues.......


.....Sources say Tucker, who's chairman of horseracing group Empire Racing, is leaning toward listing the grand estate with the upscale real-estate arm of Sotheby's.


Tucker, a prominent member of the elite horseracing community.....


.....The asset sales come amid a torrent of lawsuits by investors who say Fairfield Greenwich got hefty fees to select and monitor investments made on behalf of its clients only to miss several red flags that might have uncovered Madoff's alleged shenanigans......


.....Thomas Mulligan, a spokesman for Fairfield Greenwich declined to comment. Tucker, who years ago worked as an SEC lawyer, didn't respond to a request for comment.....

.....Even Tucker's wife Melanie, an avid bridge player, has had to tighten her belt.

Sources told The Post that as a member of the Midtown bridge club Honors, Melanie Tucker was accustomed to using her husband's jet to fly herself, and the bridge pros hired to play on her team, to bridge tournaments across the country......


PLEASE SEE:



Local Greenwich Sources Tell Greenwich Roundup ....

Hedge fund firm Fairfield Greenwich, which lost more than half of its assets to scummier Bernard Madoff, is in the process of or preparing to winding down operations and could shutter its doors by summer.

The fund, which is headed by Greenwich Resident Walter Noel has been rumored to have cut its staff by 30 - 50% Greenwich Roundup has learned and people familiar with the situation have said that some remaining Fairfield Greenwich employees have been told that they may be let go by late July. Generous severance packages are being offered to keep key staff members on board and quite.

Walter "Feeder Fund" Noel lost a who headed the Fairield Sentry Fund "invested" a whopping $7.5 Billion with his chum Bernard Madoff. Fairfield Greenwich Investors have been lead to believe that there was an additional $6,5 Billion left to pay investors back. This might not be entirely accurate.

While Walter "Feeder Fund" Noel has suspended seeking new investors and has said ,"it retains the staff necessary to seek and recover any available Madoff assets."


The formerly high flying Fairfield Greenwich Group had $7.5 Billion out of $14 Billion in assets invested with Walter Noel chum Bernie Madoff through the firms fund of hedge funds, known as Fairfield Sentry.

Walter Noel who long ago suspended investor redemption requests for non-family members and is now apparently working toward selling off the firms surviving assets held in offshore tax havens.


Also wounded by the Madoff scandal is hedge fund firm Tremont Group run by Mass Mutual . The Rye New York fund also lost more than half of its assets ($3.1 Billion) to Madoff. Press reports last week said that Tremont was in the process of shutting down operations.

PLEASE ALSO SEE:


MORE INFO:



Man, oh Manishevitz....

This is a list of some of the Greenwich "clients" who invested funds with Bernard Madoff










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Please send your comments to GreenwichRoundup@gmail.com or click on the comments link at the end of this post.

Sunday, February 8, 2009

2/7/09 Money Losing Jeffrey Gendell Bails Out Of American Airlines


BUSINESS NEWS:
Grendell And AMR No Longer Fly United

American Airlines Gets Screwed


Hedge funds that last year ranked as the third-largest shareholder of American Airlines' parent AMR Corp. have sold off nearly their entire position in the company.

Tontine Overseas Associates LLC, an affiliate of Tontine Management, run by Jeffrey Gendell, said in a Securities and Exchange Commission filing Friday that it had reduced its holdings to 430,702 shares, or just 0.15 percent of AMR's common stock.

Just last March 24, Gendell's funds held nearly 24.3 million shares or 9.7 percent of AMR, behind only Fidelity Management and Primecap Management, according to AMR's proxy.
Since then, the shares have fallen 42 percent, closing Friday at $5.57.

Gendell did not immediately return phone and e-mail messages left at his Greenwich, Conn., office. Fort Worth-based AMR declined to comment.

Hedge funds were once seen as a way for wealthy investors to get better returns by relying on the funds' sophisticated trading models. But they have been hammered by the stock market collapse and suffered their worst year on record in 2008, with hundreds of them shutting down.

The Wall Street Journal reported in November that Gendell was closing two of his four hedge funds because of heavy losses. The newspaper reported Gendell had told investors in a letter that he was "embarrassed" by the funds' performance
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02.07/09 Greenwich Time News Links

Children have fun at library's annual Valentine's workshop

By Meredith Blake
Staff Writer
Posted: 02/08/2009 12:04:41 AM EST

By taking different-shaped hearts and making them into a smiley face, Cassidy Koopmann, 8, carefully constructed a Valentine's Day card for his mother.

"I think she is going to really love it," he said, whispering as she sat next to him.

Cassidy was one of more than a dozen children who took part in Cos Cob Library's annual Valentine's card-making workshop Saturday.

By Colleen Flaherty

Staff Writer
Posted: 02/08/2009 12:05:49 AM EST

Andrea Chisholm calls it the Academy Awards for dogs, while her husband, Colin Chisholm III, sees it as the canine Olympics. Leora Levy thinks it's most comparable to the Miss America Pageant.

All three Greenwich residents agree, however, that the Westminster Kennel Club's annual show -- which their pooches will compete in Monday and Tuesday at New York's Madison Square Garden -- is the big time.....

Bruce looks to cut budget

By Colin Gustafson

Staff Writer
Posted: 02/08/2009 12:05:05 AM EST

While discouraged by the potential loss of state funds for a planned museum expansion, officials at the Bruce Museum say they understand the need for belt-tightening measures by the state at a time when they too are looking to trim their budget.

In her budget address Wednesday, Gov. M. Jodi Rell proposed canceling upward of $400 million in bond authorizations made in the past five years, including half of a $1.5 million bond package for a campaign to renovate and expand the Bruce Museum.....

By Neil Vigdor

Staff Writer
Posted: 02/08/2009 12:05:50 AM EST

A group that includes real estate mogul Peter Malkin and Chamber of Commerce head Mary Ann Morrison is pressing the town to clean up its image.

Malkin and Morrison met with First Selectman Peter Tesei and other senior town officials on Friday to discuss enhancements to the appearance of the central business district, which they said is not as tidy or well-kept as residents expect.....

Fundance films show students' flair

By Meredith Blake

Staff Writer
Posted: 02/08/2009 12:04:40 AM EST

When 10-year-old Greenwich Country Day School student Austin Albano created a short animated film about westward expansion for his fourth-grade class, he never thought he would enter it into a competition.

"I did it for extra credit," he said.....


By Colleen Flaherty

Staff Writer
Posted: 02/08/2009 12:05:48 AM EST

One day last winter, "Julia" drove to New Jersey to ask the younger brother she loved and for whose life she feared a single question.

With Julia, a 60-something woman who asked that her real name not be used, were her husband, older brother and cousin, as well as Paul Sorensen, executive director of the Greenwich Center for Hope and Renewal......


ART GREENWICH ART SOCIETY Winter Art Courses Includes Botanical Illustration, The Artful Audience: Ten Movies Everyone Should See, Parent/Child Monoprint Class, Portfolio Development for High School Students, Felting Workshop, Watercolor Workshop, Sculpture, Creative Writing II for Visual Arts and classes for advanced students.


Madoff victims may be able to recover taxes they paid on fictitious income they reported on their tax returns from previous years.


"I'll have grounds more relative than this. The play's the thing "Wherein I'll catch the conscience of the King.....


Governor Rell's budget proposal is both revolutionary and inadequate. It's revolutionary for turning government in Connecticut away from decades of ineffectual and stultifying growth and for rejecting tax increases....

GREENWICH TIME EDITORIAL:


In the wake of the latest revelations concerning U.S. Sen. Christopher J. Dodd and his controversial mortgage dealings, the same question arises again: How could such an experienced politician have handled this so clumsily?

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Saturday, February 7, 2009

02/07/09 What Happened? Did Regis Buy Another House On North Stanwich Road? If Regis Keeps Buying Houses, Then We Will Never Be Able To Get Rid Of Him

THE HEADLINE:

Regis Philbin Can't Sell His House But His Neighbor Can

THE QUOTE:

"Regis can do anything these young punks can do. I always fit right in. They want Regis to dance, Regis will dance. They want Regis to lift weights with them, Regis will lift weights with them. Whatever they want! I can do anything but sell my $5.4 Million Dollar House. I am only one man. What's the matter with these people? This House Is Beautiful I am telling you. It sits on 5.68 acres and has five full baths, three half-baths, a two-sided fireplace and library with wet bar. I just can't figure out what is the matter with these people. The The master suite has a fireplace and his-and-her baths. There's a tennis court, pool and gazebo for God sakes. Could someone buy this place already", said Regis Philbin AKA “the hardest working man in show business”

THE STORY:


Greenwich Time Staff
Posted: 02/07/2009 05:57:37 PM EST

Today on the "Lifestyles of the Rich and Famous" "¦ oops, sorry wrong show. You've read about television personality Regis Philbin's house in Greenwich being for sale, but did you know he has bought another, bigger one in the same neighborhood?

Apparently the "Live With Regis and Kelly" host and wife Joy have upgraded from 5,000-plus square feet to around 13,500 square feet and have more land. The price tag was in the low-$7 million range......

THE CORRECTION:


From: For What Its Worth

By: Christopher Fountain

Holy cow, nothing gets past Greenwich Time real estate reporters. It reveals today for the first time that Regis Philbin has bought a new house! They got that right (although he got less land, not more than his old house on Meeting House) and a lot more space: 13, 661 sf, and paid $7.2 million for the place on XX North Stanwich Road, but he bought it last summer in July, not February of this year. The last listing price for this 1997 house, by the way, was $7.995 million but if memory serves it sat on the market for a long time at a higher price tag. I’ll check tomorrow.

The article says that Philbin’s unwanted house is priced above $5 million. Again, my memory may be faulty, but I thought it had been reduced to the 3s. But perhaps that’s just where I thought it should be priced, not where it’s currently priced. I’ll call his show and suggest it, if he still has a show. Does he?
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02/07/09 Greenwich Police Blotter - Pietro Baggio


The Place:


Arch Street


The Player:


Pietro Baggio, 43, of 2166 Arthur Ave., Bronx, N.Y


The Plot:


Pietro Baggio was arrested about 4:15 p.m. Feb. 6 and charged with possession of narcotics and intent to distribute narcotics, police said.


Police said they observed Baggio traveling east on Arch Street at a high rate of speed. After being stopped, police determined that Baggio didn't have a valid driver's license. Police said they found two foil packages containing cocaine


The Processing:


Released on $1,000 bond


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02/07/09 Greenwich Post News Links

Fees increase for parking permits

If you’re a resident looking to get a parking permit for a commuter lot in town, you’ll be paying 5% more than last year.


Parking Services Director Allen Corry said last week that despite the increase, Greenwich’s prices are still considered low compared to neighboring towns.

With the increase, permits for Island Beach, Horseneck and Town Hall parking lots will cost $279 for the year, as will all other outdoor train station parking permits in town. Permitted parking in the West End lot in Old Greenwich, behind CVS, will cost $191. Indoor parking at Greenwich Plaza is going up to $488.

ALSO:

Greenwich organizations reach out at volunteer fair

King Low Heywood Thomas will host its third Annual Volunteer Fair from 11 a.m. to 1 p.m. on Wednesday, Feb. 11, in the Upper School Gymnasium.

The fair gives Middle and Upper School students, as well as parents, faculty and staff a forum to discuss available service opportunities with local agencies. Participating agencies include: Literacy Volunteers Stamford/Greenwich, Adopt-a-Dog, Inc., Guiding Eyes for the Blind, Sexual Assault Crisis and Education Center, Kids in Crisis, Audubon Greenwich, The Maritime Aquarium in Norwalk, Yerwood Center, Person to Person, and Jewish Family Services.

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2/7/09 READER SUBMITTED COMMENTS: Moxley Timeline Question

Dear Greenwich Roundup,

Your Moxley timeline appears to be excellent. The only question I have is: Shouldn't the Willimam Kennedy Smith trial be included? My understanding is that this trial was important in turning attention back to "those other Kennedy cousins" and also the rumor that Kennedy Smith may have been in Greenwich at the time of the Moxley murder (later proved false). This caused D. Dunne to go to Greenwich to investigate (and I know he involved Fuhrman which was more after the fact).

I thought this was a significant trigger in restarting the investigation - though it appears Mr. Levitt's work was at least as important. Just a thought.

The question comes down to: what were the key factors in re-starting the investigation? or kicking it into high gear?

Ken O'Brien
GHS Class of '77

Comment:

Dear Ken,

I did not live in Greenwich at the time so I never heard about the William Kennedy Smith rumor.

A little Internet research has revealed the following......

In 1991, Dominick Dunne covered the William Kennedy Smith rape trial, and for some unknown reason, Dunne was intrigued by the rumor that William Kennedy Smith was at the home of Kennedy cousin Michael Skakel, on the night that Martha Moxley was murdered. This false rumor is responsible for generating a level of publicity which lead to the publication of A Season in Purgatory" the fictional account of the Moxley murder. What is a Season of Purgatory really all about? According to Maureen Dowd, of the New York Times, "Dominick Dunne takes all the most chilling character flaws of three generations of Kennedys and compresses them into one creepy plot line." What a brilliant synopsis, but for the sake of accuracy, it is important to note that Dominick Dunne compresses character flaws that are more imagined than real.

So I would tend to agree with you that the William Kennedy Smith trial was a significant factor and should be included in the timeline.

However, it would interesting to see what other long time Greenwich residents remember about a William Kennedy Smith rumor, causing Dominic Dunne coming to town to investigated.


As for the source of the Martha Moxley timeline, I wish I could take credit for it. The timeline is an excellent piece of citizen journalism.

I got the information from the website:


The web master has done an awesome job of keeping the website current and up to date.

I really need to put a source link to that time, so that Greenwich residents and others can find all the work that has been done on the Martha Moxley Website.

I think that the same webmaster operates the

Matthew Margolies"Greenwich's other Unsolved Murder" Website


There is an excellent article archive there:
Margolies murder inquiry resumes By Martin B. Cassidy - Greenwich Time
With one murder solved, focus shifts to another notorious caseBy Lindsay Faber - Greenwich Time
Officials narrow murder evidence: Investigators meet with Margolies family for update By Lindsay Faber - Greenwich Time
Margolies Murder Suspect has Criminal Record.A Contributed Article by Kevin F. McMurray - Independant Journalist
A Possible Break in the Margolis Case?A Contributed Article by Kevin F. McMurray - Independant Journalist
Greenwich's other murder:1984 case reopened amid spotlight on Moxley slaying By Lisa Prevost, Globe Correspondent, 4/1/2001
Reward doubles; officials look to DNA for clues in '84 murderBy J.A.Johnson Jr. - Greenwich Time
"Announcement Expected in Margolies Case" By J.A. Johnson Jr. - Greenwich Time
2000 Year in Review: Police make gains in unsolved casesBy J.A. Johnson Jr. - Greenwich Time
New hope for the Margolies caseBy J.A. Johnson Jr. - Greenwich Time
State unit takes up Margolies case By J.A. Johnson Jr. - Greenwich Time
Police probe role of drugs in Margolies murderBy J.A. Johnson Jr. - Greenwich Time
Press reports on Margolies case prompt new leadsBy J.A. Johnson Jr. - Greenwich Time
Series renews talk of Margolies murderBy Cameron D. Martin - Greenwich Time
Dr. Henry Lee gives forensic, life lessonsBy Martin B. Cassidy - Greenwich Time
A letter to the Editor of the Greenwich TimeBy Maryann Margolies
Police look for break in unsolved caseBy Cameron Martin - Greenwich Time
16 years later, family waits for justiceBy J.A. Johnson Jr. - Greenwich Time
Clues abound, but murder is still a mysteryPart 3 of 4By J.A. Johnson Jr. - Greenwich Time
Youth spent his last day doing favorite thingsPart 2 of 4By J.A. Johnson Jr. - Greenwich Time
Newly released reports detail police inquiryPart 1 of 4By J.A. Johnson Jr. - Greenwich Time
"Margolies Case File is Subject of Hearing" By Ryan Jockers - Greenwich Time
Matthew Margolies: Mother Recounts Son's LifeBy Peter Moore - Greenwich Post
Greenwich Time EDITORIALANOTHER OLD MURDER WAITS TO BE SOLVED.
A mother seeks justice in town's ‘other murder’ By Ryan Jockers - Greenwich Time
Mrs. Margolies hasn't given up;Mother of slain Glenville boy says 'when' NOT 'if'.By Peter Moore - Greenwich Post

"Moxley and Margolies web site manager keeps hope alive."By Peter Moore - Greenwich Post
New Web site revisits unsolved '84 murder.By Thomas Mellana - Greenwich Time
Site where body Found stirs vivid memories.By J.A. Johnson Jr. - Greenwich Time
Mother still hopes for arrest.By J.A. Johnson Jr. - Greenwich Time
New probe of 14-year-old Margolies murder beginsBy J.A. Johnson Jr. - Greenwich Time
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Please send your comments to greenwichRoundup@gmail.com or click on the comments link at the end of this post.

2/7/09 A Lot Of "Research" Is Going On In Greenwich



Greenwich Roundup "RESEARCH" project shows that children who want to get drunk should go to wine wise on a Saturday.

Betty Sternberg Causes Soooooo Much Trouble, In 100 Days She Will Be A Long Forgotten Bad Memory, But This Post Will Still Be Up At Greenwich Roundup.

Chris Kull Just Doesn't Get That His Beloved Betty Sternberg Was Wrong To Try And Exclude Greenwich Roundup Over "Content" And "First Amendment Issues".

Even when Betty Sternberg was told to add Greenwich Roundup@gmail.com to the emailed press release list and Greenwich Roundup said that he considered the mater closed Petty Betty And Her Staff Are Still Trying To Make A Big Fat Deal Via Proxies Like Failed School Administration Loyalist Christoph Kull.

If Petty Betty Wants To Keep Debating If It Was Right For Her To Contact Town Attorney John Wayne Fox, Because She Did Not Want Greenwich Borad Of Education Director Kim Eves To Take 30 Seconds And Add GreenwichRoundup@gmail.com to the BOE Emailed Press Release List, Then So Be It.

However, Greenwich Roundup Is More Interested In On Who Is Giving Kids Access To Alcohol.




Brian:


I really don’t understand what your “big to do” is about in regards to being put on a press release list by the town. My research shows that you have not filed an official FOI request nor are you an accredited journalist.


Your endless calls to town employees keep them from doing their work and don’t serve the interests of the community at large. In fact I could file a FOI request for all the ranting voice mails you left and publish those.


In short you are not adding credibility to your blog.



Best regards,



Chris Kull


ckull@optonline.net


COMMENT:


Dear Chris,


What your research is very flawed and "fails" to show was that in the entire history of the Town of Greenwich no traditional or new media reporter has ever had to file a freedom of information request to be placed on any Town Of Greenwich Press Release List.


Further, Chris if you had done a better job of "researching" this mater you would find that there was only one email sent from Greenwich Roundup and it was in response to an Email sent by Greenwich Board Of Education Director Kim Eves.


If you want a copy of the Email you can get a copy for your "research" it only costs a quarter for the one page.


But I am afraid that you be be very disappointed, because there really wont be a smoking gun for your little "research" project. The problem is Greenwich Roundup is very lazy and basically took one of his blog posts and cut it into his emailed response to Kim Eves.


Chris, you are also very missed informed about there being a big "accredited" journalism corps in the Town Of Greenwich. Just what organization do you think that these local reporters have joined. Do you think the State Of Connecticut is handing out some kind of license?


Chris, you are wrong to think there is any such thing as the famous "press pass" It isn't something a reporter carries around like a police badge.


A reporter is a reporter, because he or she reports.


Ex-Greenwich Time Managing Editor Jim Zebora was working in a record shop, and he started sending articles in and the rest is history.


Chris, for your information a press pass It is issued by a specific organization for security reasons. Usually reporters, or the organizations they work for, apply for the "press passes" from the "news maker".


So, for intance...


Chris if you got a job working for the Greenwich Time covering Greenwich Hospital. Then Greenwich Hospital might want to give you a visitors or press pass that will allow you to gain access to places and events where the press is allowed to go, but the general public isn't.



But that Greenwich Hospital press pass won't get you anything (in theory) at a Rangers game, the Green Party National Convention, the Consumer Electronics Show, or the news conference being held by the National Dairymen's Association about the many benefits of the new, genetically modified, square eggs.


However, Chris All that said, probably if you were a security guard at 2 Soundview Drive and I had to get past you in order to interview Walter Noel at the Greenwich Fairfield Group.


I could probably flash another company's press pass around, or an old birth announcement tucked into a plastic sleeve hanging from a lanyard around my neck, and zip right pass you and talk with Bernard Madoff's little chum. At least, that always seems to work on TV...


Lastly Chris, I would just like to point out one more flawed area of your "research". You seem to have been flasely been given the impression that there were a lot of long phone calls and voice messages, that "keep them from doing their work and don’t serve the interests of the community at large".


Chris you are never going to get one of those Fancy nancy "press passes" if you keep getting the story all wrong.


There was one voice mail left for kim eves and two messages left for Betty Sternberg left over a four day period.


None of the calls were reurned. Eventually, Kim Eves did send an email to me that was carbon copied to Betty Sternberg and Carol Desalvo.


Betty Sternberg then screwed up and hit "reply all" instead of "reply" when she started ordering town employees to make a federal case out of a simple request to be added to the emailed press release list.


When Kim Eves And Town Attorney John Wayne Fox foundout that Betty Sternberg had hit the reply all button they picked up the phone and talked to Greenwich Roundup.


Chris maybe you should focus a little more on not serving alcohol to children, instead of spending all of your free time "researching" Greenwich Roundup.


Greenwich stores cited for alcohol sales to minors

....Christoph Kull, an owner of Wine Wise, also pledged tougher ID checks. He said a machine will be installed to electronically check IDs to make sure they’re legitimate.

“When it gets extremely busy like it did on Saturday, this is a mistake that can happen,” Mr. Kull said. “We’re going to install this machine and it will help us not make this mistake in the future.”...

...In a press release announcing the violations, Consumer Protection Commissioner Jerry Farrell Jr. said, “These routine, statewide alcohol compliance checks that help us identify locations that would sell alcohol to minors are important in curbing youth access to alcohol and reducing the tragic consequences often linked with underage drinking. Liquor retailers are expected to be diligent in asking for and examining identifications, and we encourage them to make this part of their everyday business practice.”

Mr. Farrell thanked the GPD for helping with the inspections ....

PLEASE SEE:


2/6/09 Thankyou Betty Greenwich Roundup Appreciates Being Added And Looks Forward To Recieving The Next Press Release By Email


=======================

Please send your comments to GreenwichRoundup@gmail.com

2/07/09 Some Of Bernard Madoff's Greenwich Investors: Oh Vey !!! The Greenwich Jewish Community Get Taken To The Cleaners

Man, oh Manishevitz....

This is a list of some of the "clients" who invested funds with Bernard Madoff.

The list was made public in U.S. Bankruptcy Court in Manhattan and includes many notable Greenwich residents.

WILLIAM APFELBAUM
143 BYRANT SHORE ROAD
GREENWICH, CT 06830

ELIZABETH HARRIS BROWN
THE DOUGLAS G BROWN REVOCABLE TRUST
JASON MATHIAS TRUST DOUGLAS BROWN & ELIZABETH BROWN TRUSTEES
SHAWN MATHIAS TRUST DOUGLAS BROWN & ELIZABETH BROWN TRUSTEES
24 OAKLEY LANE AND 11 MEADOWCROFT LANE
GREENWICH, CT 06830

ELIRION ASSOCIATES, INC EMPL PENSION PLAN & TRUST
PO BOX 1308
GREENWICH, CT 06836

FAIRFIELD INTERNATIONAL i.e Fairfield Greenwich Group & Walter "Feeder Fund" Noel"
C/O FRED KOLBER & CO
2 SOUNDVIEW DRIVE
GREENWICH CT 06836

CLAUDIA FARIS
GEORGE N FARIS
33 TWIN LAKES LANE
RIVERSIDE, CT 06878

SONDRA FEINBERG NORMAN FEINBERG JT WROS
124 RITCH AVENUE APT A303
GREENWICH, CT 06830

FISHER GROUP LTD PARTNERSHIP C/O BARBARANNE ELWOOD
42 MORGAN AVENUE
GREENWICH, CT 06831

MARC FISHER RETIREMENT PLAN
MARC B. FISHER
13 DEWART ROAD
GREENWICH, CT 06830

STEPHANIE & LAWRENCE FLINN JR CHARITABLE TRUST
3 GREENWICH OFFICE PARK 2ND FL
GREENWICH, CT 06831

JUDITH GOLDFARB
10 CLOSE ROAD
GREENWICH, CT 06831

DR EDMOND GOREK & MARGUERITE M GOREK J/T WROS
EDMOND A GOREK MD
300 RIVERSVILLE ROAD
GREENWICH, CT 06831

J BARTON GOODWIN
29 FAIRWAY LANE
GREENWICH, CT 06830

JONATHAN GREENBERG
40 ETTL LANE APT 4
GREENWICH, CT 06831

ANDREW HELLER OR MARGARET HELLER J/T WROS
164 CAT ROCK ROAD
COS COB, CT 06807

KENNETH W HUBBARD & VICTORIA DAUPHINOT J/T WROS
KENNETH W HUBBARD
36 FRENCH ROAD
GREENWICH, CT 06831

MARC JAY AND SUSAN KATZENBERG
342 GREENWICH AVENUE
GREENWICH, CT 06830

ESTATE OF DAVID JIRANEK CRICKET JIRANEK, EXECUTRIX
HARRIET HOOPER JIRANEK
10 NORTHWAY
OLD GREENWICH, CT 06870
ESTELLE CLAUSEN JONES
3 STANWICH LANE
GREENWICH, CT 06830

JUDITH KONIGSBERG
19 PINECROFT ROAD
GREENWICH, CT 06830

L F TRADING LLC
3 GREENWICH OFFICE PARK 2ND FL
GREENWICH, CT 06831

NANCY E LEVY
PAUL G LEVY
55 WINDING LANE
GREENWICH, CT 06831

ALEC MADOFF
65 VALLEYWOOD ROAD
COS COB, CT 06807

CHILDREN OF MARK D MADOFF U/A 3/25/94 ANDREW H MADOFF TRUSTEE
MARK D. MADOFF
21 CHERRY VALLEY ROAD
GREENWICH, CT 06831

FOR ACCOUNT OF MELVIN GORDON ASSOCIATES
C/O KOLBRENNER & ALEXANDER LLC
C/O MIKE ALEXANDER
ONE EAST PUTNAM AVENUE
GREENWICH, CT 06830

STANLEY R RAWN JR TRUSTEE STANLEY R RAWN JR 5/04 GRAT
STANLEY R RAWN JR
53 FOREST AVE
OLD GREENWICH, CT 06870

DONALD G RYNNE
642 LAKE AVE
GREENWICH, CT 06830

S J K INVESTORS INC
19 PINECROFT ROAD
GREENWICH, CT 06830

ESTATE OF RICHARD M STARK C/O BETTY R STARK EXEC
BETTY STARK
RICHARD M STARK
12 MARLOW COURT
RIVERSIDE, CT 06878

THOMAS L STARK AND HILARY M STARK J/T WROS
14 INDIAN POINT LANE
RIVERSIDE, CT 06878

NTC & CO. FBO ROBERT DANIEL VOCK FTC ACCT #962503 IRA SEP
ROBERT DANIEL VOCK
SUSAN M VOCK
14 PIERSON DRIVE
GREENWICH, CT 06831 02540

ALEXANDER G WEINDLING
208 SHORE ROAD
OLD GREENWICH, CT 06870

JEFFREY S WILPON & VALERIE WILPON JT/WROS
VALERIE AND JEFFREY S WILPON FOUNDATION
14 BROAD ROAD
GREENWICH, CT 06830

FRANK A ZACH PORTFOLIO INTEGRATION LLC
TWO SOUND VIEW DRIVE #100
GREENWICH, CT 06830

ZIESES INVESTMENT ACCOUNT
C/O MARSHALL ZIESES
22 DEEPWOODS LANE
OLD GREENWICH, CT 06870
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2/07/09 Hamilton Avenue Children Say Goodbye, Shalom, See Ya Later, Adios,I Am Out Of Here, Au Revior To The Modulars

PHOTO: HAMILTON AVE. SCHOOL @ WESTERN MIDDLE SCHOOL, Laura DiBella, a parent of 2 Hamilton Ave. School students, hugs Hamilton Ave. School student Shea Darling, 8, a 3rd grader at Hamilton Ave. School just after dismissal from the temporary Hamilton Ave. School on its last day of school in the temp building as the students will be moving into the new school at the old location after winter break.

(Bob Luckey/Greenwich Time Photo)

May the road rise up to meet the small children of Hamilton Avenue School, may the wind be ever at their backs. May the sun shine warm upon their little faces and may God hold them in the hollow of his hand as they continue their studies in the new $31 Million school.

Please say a few prayers that these very bright and "resilient" children will make up the ground that they lost as they endured three school years in those mold infested modulars.

Goodbye to the modulars- Greenwich Time

Greenwich Time Staff
Posted: 02/07/2009 12:06:55 AM EST


Hamilton Avenue School parents, students and staff members carried boxes, exchanged hugs and even shed a few tears Friday as they celebrated their final day in the modular classrooms....

....After spending the past three years waiting for the completion of their school's reconstruction, students will attend classes there for the first time when they return from winter break on Feb. 17......

50 WAYS TO LEAVE YOUR MODULAR

"The problem is all inside your head", she said to me
The answer is easy if you take it logically
I'd like to help you in your struggle to be free
There must be fifty ways to leave your modular

She said it's really not my habit to intrude
Furthermore, I hope my meaning won't be lost or misconstrued
But I'll repeat myself, at the risk of being crude
There must be fifty ways to leave your modular
Fifty ways to leave your modular

You just slip out the back, Jack
Make a new plan, Stan
You don't need to be coy, Roy
Just get yourself free
Hop on the bus, Gus
You don't need to discuss much
Just drop off the key, Lee
And get yourself free

She said it grieves me so to see you in such pain
I wish there was something I could do to make you smile again
I said I appreciate that and would you please explain
About the fifty ways to leave the modulars

You just slip out the back, Jack
Make a new plan, Stan
You don't need to be coy, Roy
Just get yourself free
Hop on the bus, Gus
You don't need to discuss much
Just drop off the key, Lee
And get yourself free



MORE GREENWICH TIME NEWS LINKS:

Residents remain confused over digital transition
Don't jettison your clunker of an old television set just yet. Electronics stores are cautioning Greenwich residents that their existing sets may, in many cases, be more than adequately equipped to handle the upcoming switch from analog to digital television broadcasting

Judge denies drug education program to defendants in 2004 Greenwich overdose case
STAMFORD -- A Superior Court judge on Friday denied two defendants' requests to enter a program that would have erased drug charges stemming from the 2004 overdose death of a town teenager.

Jason Cunningham, 24, and Savanna Jean Lamotte, 23, both Greenwich natives, submitted applications for the diversionary program after being charged late last year with possession of a narcotic, a felony that could result in up to seven years in prison......

....Assistant State's Attorney David Applegate said the case was too serious to grant the program.

Speaking about Cunningham, Applegate cited a prior drug conviction for possession of marijuana and pointed to questionable postings on his MySpace Web site involving drug use.....

....."They already received a break on the charge," said Seeger, noting that he felt police could have charged the two with manslaughter for having drugs at the party where Bria overdosed. ....
Tesei asks unions to help cut town's expenses
Black Friday it wasn't. On a day when many civil servants expected the town to announce layoffs, First Selectman Peter Tesei instead sat down with union leaders Friday to discuss potential concessions such as a wage freeze that he said could help save jobs.

Tesei met with representatives of Teamsters Local 456, the Greenwich Municipal Employees Association and the Laborers' International Union of North America Local 136 for just over an hour in his office to discuss his plan to eliminate up to 70 positions from the 1,020-person, non-school workforce.

Among the concessions town officials presented to the unions for consideration was a wage freeze, as well as a moratorium on "step increases" in salary that are based on years of service.....

HOW COOL IS THIS NEXT STORY?

Residents submit cost-saving ideas online

Don't plow as much, stop picking up leaves and charge more for the town dump are just some of the suggestions residents are giving town officials on how to cut the budget and increase revenues, according to John Crary, town administrator.

TWO THUMBS UP FOR FIRST SELECTMAN PETER TESEI COMING UP WITH THIS IDEA TO GIVE CITIZENS A VOICE ON THE TOWN WEBSITE !!!

HERE IS A SUGGESTION:

HOW ABOUT CUTTING BACK ON THE NUMBER OF NEWSPAPERS DELIVERED TO TOWN HALL EACH DAY. RIGHT NOW A TOWN EMPLOYEE OFTEN HAS TO USE A HAND TRUCK TO BRING THEM ALL INTO THE BUILDING.

HERE ARE SOME MORE SUGGESTIONS:

Have town manager foregoing a raise to help out with the town budget crunch .If the union members are foregoing a raise this year, then the managers should too..

Have the human resources department rewrite their policy manual rather than spending $60,000 for an outside firm to do so.

Stop the various town vehicles from idling engines while employees are not in them.

Stop sending town cars home with workers.

Never ever put Fank Mazza on a building committee.

Legislators seek president's help in flight path battle
More than 30 state legislators from Fairfield County this week signed a letter to President Barack Obama asking his help getting the Federal Aviation Administration to push back recently adopted flight paths over Fairfield County, which have raised noise and other environmental concerns.

Greenwich YWCA honors local women
The YWCA of Greenwich honored eight local women extraordinary not only for their professional achievements in fields from law to lingerie but also their community involvement Friday at the organization's 32nd annual BRAVA Awards luncheon at the Hyatt Regency Greenwich.

THOSE HONORED WERE:
Greenwich Resident Velyna Morales, Victoria's Secret Direct
Stanford Resident Susan L. Johnson, Pitney Bowes Inc - Jack and Jill of America
Jennifer M. Daniels, Barnes And Noble - Greenwich Country Day School


STAMFORD -- Heated debate over a motion to set a trial date for the co-defendant charged in the 2006 slaying of a Greenwich real estate developer resulted in another delay of the 10-month-old case.....


....defense attorney Mark Sherman protested setting a trial date, calling it an attempt to "railroad" his client.....


The mere mention of a trip to the dentist is enough to send shivers up the spines of many youngsters -- but not for 7-year-old Luis Quisumbing.....


....Dr. Stacy Zarakiotis of Greenwich Pediatric Dental Group, 42 Sherwood Place, provided the services for free at the request of town health officials, who selected the students to receive the services during screenings at town schools this past fall.....
ALSO TWO THUMBS UP FOR DOCTOR STACY ZARAKIOTIS FOR HELPING MEMBERS OF GREENWICH SOCIETY WHO ARE A LITTLE LESS FORTUNATE

God has always had a special tenderly concern for

the widowed, orphans and the poor

Of course, God loves the poor; he loves everybody

But it's not so simple as that.

Some of us have attitudes toward the poor that are mostly disdain and fear.

"The poor are dangerous and different. Sometimes there's a suspicion that their condition is their own fault, that they're simply lazy or inferior."

Other are more kind-hearted, but prefer not to look at the poor too closely.

"Poverty is depressing, and the poor are not fun people to be with."

These attitudes are a world away from God's attitudes

Neediness arouses compassion and action in God

If God values the poor, we have to be more like Dr. Zarakiotis

and think about what that means for us.

If there is a poor man among you, one of your brothers, in any of the towns of the land which the LORD your God is giving you, you shall not harden your heart, nor close your hand to your poor brother; but you shall freely open your hand to him, and generously lend him sufficient for his need in whatever he lacks. Deuteronomy 15:7

The righteous care about justice for the poor, but the wicked have no such concern. Proverbs 29:7

I know that the LORD will maintain the cause of the afflicted, and justice for the poor. Psalms 140:12

A town man with years of experience as a conservationist has been elected to lead the board of directors for one of the nation's best-known nature and wildlife conservation groups.


Holt Thrasher, who works as managing director of a local financial advisory firm, was tapped last week to be chairman of the board of directors for The National Audubon Society.


HARTFORD -- Lower Fairfield County cities and towns stand to lose millions in state loans for projects ranging from flood control in Norwalk, mobile mamography in Stamford and museum expansion in Greenwich, under one of Gov. M. Jodi Rell's plans for closing the state budget gap.....


....In 2007 Greenwich's Republican legislators hailed the inclusion in the bond package of $1.5 million for a campaign to renovate the Bruce Museum.Rell released $750,000 of that last year but the balance is on her list of cancellations.....


Greenwich gymnasts vault past Trumbull
Prior to the Greenwich High gymnastics team last home meet, coach Sue Knight and the the team honored their senior captains with flowers, presented by their respective parents, and captain's pins.


Books offer help for couples dealing with love and money
It's often quoted that money is the main cause of marital discord and even divorce. But that's not quite accurate.


GREENWICH TIME EDITORIAL:


Town should wait on property revaluation
Many homeowners are eager for the town to do a new revaluation this year, in hopes that the depressed housing economy will translate into lower property tax bills.


But Town Hall, which could put off doing a new revaluation until 2010, would be wise to wait. New assessments now could result in an artificially low Grand List that would exacerbate already considerable financial difficulties the town is experiencing. Greenwich is facing a projected budget gap of $5 million for the current fiscal year.....


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Friday, February 6, 2009

2/6/09 The Reverend Bill Clark Gives His "Hearst Newspaper" Sermon At Greenwich Gossip

Joseph's Dream Comes True...

By The Scribe Of Greenwich

And we're not talking about the pathetically marginalized Joe Pisani here, the failed and fired former editor of the Local Rag, more generally known as Yellowwich Time. No, dear reader, your scribe is referencing the Biblical Joseph, eleventh son of the Patriarch Jacob, who was sold into slavery by his brothers as a last-minute alternative to killing him outright (good thing that caravan showed up when it did!). The reason for the brothers' actions was that they didn't like Joseph's dream, vividly recounted by him in front of them all, in which his brothers' sheaves of wheat bowed down and paid homage to Joseph's sheaf. What a sanctimonious whippersnapper young Joseph was! Clearly what his brothers were contemplating would have been deemed justifiable fratricide in any modern (or ancient) court of law.

But God had other plans. As you no doubt remember, Joseph then had many adventures in Egypt, including his non-affair with Potiphar's wife, which nonetheless earned him a long stretch in prison (sort of like the late unlamented prior management of Yellowwich Time, Potiphar tended to go with the woman's side of the story, regardless of where the truth lay). There, of course, Joseph carried on in the dream business, interpreting those of his fellow prisoners. Eventually, his talent came to Pharoah's attention, and the rest, as they say, is legend. Including, of course, Joseph's brothers bowing low and doing him homage when the wheat supply ran low back home in Canaan. So there. Who says that dreams don't come true?

The relevance of all this to 21st-century Greenwich is that the once proud and mighty Yellowwich Time has now knuckled under to the once-puny Greenwich Citizen. Just as in Pharoah's dream the lean cattle swallowed up the fat ones, and just as David bested Goliath, our longtime local weekly paper's boss, Michelle McAbee, has replaced the ousted John Dunster as publisher of Yellowwich Time and The Advocate. Go, Michelle! About time Hearst got around to cleaning house in our neck of the woods.


The downfall of the Local Rag can be traced to 1974, when it was sold to the family who owned The Advocate in Stamford. They then sold it to Times Mirror a few years later, who in turn sold it to Tribune, who in turn sold it to Hearst. Under the inauspicious leadership of Bill Rowe (who named his yacht the "Rowe Boat" - isn't he just too cute for words?), the paper lost any semblance of impartiality, and began to slant and/or ignore any news that suggested Greenwich might not be Disneyland East. From there, it was a short step down the slippery slope to the point where truth no longer mattered, and then it was that your scribe told Bill Rowe just to go ahead and change the color of the masthead from green to yellow to reflect the quality of the journalism he was publishing. Rowe choked on his martini, and has never spoken to your scribe since that day.


But it's a new day in Town, part of the "100 Days of Change" promised by Hearst. As loyal readers of this column know, April 1st is the drop-dead date for those who don't take the proffered buyout, and one certainly hopes that retread editor Bruce Hunter, widely known as an alter ego of Joe Pisani, will fade back into obscurity by then, if not before.


And thus, dear reader, we may all hope to see some semblance of truth-in-journalism restored to our fair Town this spring. True, the Local Rag will no doubt die, to be resurrected as a local edition of the Connecticut Post, and true, the Citizen will likely take over as the real estate newspaper of record here in Greenwich. But finally, the citizens of our fair community will no longer be able to joke about the Local Rag being published in the basement of Town Hall, since it will be printed in Bridgeport instead - as, in fact, it already is.


Your scribe wishes Ms. McAbee well in her new position. One hopes she will restore journalistic integrity to Greenwich, where it has long been absent, and perhaps find us some reporters who know how to use and spell the English language. If they can also show some independence of thought and action, that would be a bonus. Too long has the real news gone unreported in this Town. Perhaps, dear reader, that is about to change. Your scribe devoutly hopes so.


More From Greenwich Gossip:




The Local Rag Rolls Out a Retread...

April Fool! or, The Local Rag Enters Its Last Thre...

Holiday Choral Concert at Greenwich High School

The Countdown Begins...

Betty Sternberg For Editor!

Vermont Dodges a Bullet...

The Rafters Ring at Christ Church

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2/6/09 Greenwich Post News Links

Himes says stimulus may help businesses
Written by Ken Borsuk, Staff Reporter

Web Exclusive

As Congress continues to debate the American Recovery and Reinvestment Act of 2009, local business groups have told U.S. Congressman Jim Himes (D-4) that they want small businesses to get the help they need to stay afloat, and for government spending to be reined in.

The bill, which is designed to serve as a stimulus package for the economy, will give an immediate boost to the economy through spending, Mr. Himes told a crowd at a breakfast meeting organized by the Greenwich Chamber of Commerce last Thursday. It has a five-year carryback for net operating losses, giving businesses more time to claim a loss and having the ability to reduce those net losses by 10%.

Tax breaks for businesses are a part of the bill to encourage long-term investment with short-term spending incentives, Mr. Himes added, but congressional Republicans are demanding more. He said there needs to be tax incentives for businesses, but they have to make sense.

“The reality is that some kinds of tax cuts and some spending can provide a stimulus and other kinds of tax cuts and spending do not provide a stimulus,” said Mr. Himes, a Cos Cob resident. “Small businesses employ the majority of people in the country and it’s fair and wise to look at ideas that will help small businesses keep and expand their staffs and help the people who own those small businesses.”

ALSO:

Financiers aim to spare schools from budget cuts

Written by Ken Borsuk, Staff Reporter


Facing a $5-million shortfall, the Board of Estimate and Taxation’s Budget Committee is looking for cuts, but aiming to avoid taking money from the public schools.

In December, the school board approved a $127-million budget, and while the possibility exists that cuts could be made to it, budget committee chairman Michael Mason said he hopes to avoid that, instead finding savings in other departments. The proposed townwide budget for 2009-10 is $341 million.

“You know we have a $5-million window,”Mr. Mason told school officials last week. “We’re going to be looking for help from other areas of the town to try and make all of this work,” he added.
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2/6/09 Business Meetings: Mark Your Calanders

Wednesday, Feb. 11

The Public Relations Society of America Westchester/Fairfield Chapter will hold a lunch presentation, "Gearing Up for Web 3.0: What PR Practitioners Can Expect," at the Hyatt Regency Greenwich. The event will begin at noon. Jeffrey Barrett, a veteran Web developer and chief architect of BurrellesLuce, will speak. Cost is $35 for members, $40 for nonmembers. Walk-ins will be charged $50. For reservations, e-mail events@prsa-wf.org or call Dover Secretarial at (603) 742-1971.


Thursday, Feb. 12

Greenwich Chamber of Commerce will hold a free business roundtable on employee practices at the Boys & Girls Club of Greenwich, beginning at noon. For more information, call Adam Weissman at 869-3500 or e-mail adweissman@greenwichchamber.com.
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