Word: manhattans
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Dates: during 1980-1989
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...have found a tremendous amount of helping and generosity among the women in my industry," says Mary McCarthy, 42, a senior vice president at MGM/UA Communications in Beverly Hills. Lawyers Renee Berliner Rush, 31, and Julie Anne Banon, 32, say they became best friends while working for a Manhattan executive-search firm. "From the day we began working together, we believed that the way to succeed was to work with and help each other, not to work against each other," says Rush. The two women now run their own headhunting firm for lawyers...
...world of every-woman-for-herself, the old support systems can be tragically undermined." That sometimes happens when women win promotions and find themselves supervising women who were once close friends. "I tend not to have relationships with women I supervise," says Kathy Schrier, 40, a union administrator in Manhattan. "Some women can't make that break, though, and it hurts them as managers...
...financial statements, the fat profits and the entire enterprise were part of an elaborate fiction. Instead of buying stocks for his customers, the SEC charged last week, Bloom used the $10 million to support a lavish life-style. He bought about $5 million worth of paintings, an $830,000 Manhattan condominium and a $2 million vacation house in posh East Hampton, Long Island. Bloom, who also owned a Mercedes-Benz and an Aston Martin convertible, went skiing in St. Moritz, paid up to $500 for a bottle of wine and bought a $195,000 diamond-and-platinum necklace that...
...those possessions are gone. Without admitting guilt, Bloom agreed to an SEC settlement in which he surrendered $8 million worth of paintings, real estate and other assets. Proceeds from their sale will be split among the investors who gave him money. Two days after the settlement, federal prosecutors in Manhattan charged him with mail fraud. If convicted, he could face up to five years in prison...
...fact a shrewd art investor. He bought paintings by Edward Hopper, John Singer Sargent, Mary Cassatt and Willem de Kooning. Among the most expensive: Thomas Wilmer Dewing's Lady in White (worth $750,000) and John White Alexander's Alethea ($660,000). Says Loraine Pack-Liebmann, a Manhattan art dealer: "The kid did well. Many of the works he has bought have appreciated substantially in value." Example: Severin Roesen's Vase of Flowers in Footed Glass Bowl with Bird's Nest, purchased for $175,000, may now be worth $250,000, a potential profit...