Investment Bankers & Sandy
Here's something I know you all were worried about: how did all of those investment bankers who work in downtown Manhattan fare during Sandy? Well, it wasn't easy. From Bloomberg:
“I had to go to the wine cellar and find a good bottle of wine and drink it before it goes bad,” Murry Stegelmann, 50, a founder of investment-management firm Kilimanjaro Advisors LLC, wrote in an e-mail after he lost power at 6 p.m. on Oct. 29 in Darien, Connecticut.
The bottle he chose, a 2005 Chateau Margaux, was given 98 points by wine critic Robert Parker and is on sale at the Westchester Wine Warehouse for $999.99.
“Outstanding,” Stegelmann said. He started the day with green tea at Starbucks, talking with neighbors about the New York Yankees’ future and moving boats to the parking lot of Darien’s Middlesex Middle School.
Tough stuff. But I guess it depends on where, exactly, in Manhattan you live:
Thomas Russo, 68, American International Group Inc.’s general counsel, said he planned to work from home on Manhattan’s Upper East Side, where he has a view of Central Park, through at least Nov. 1.
“Central Park looks the same as it always does at this time of year, an array of colors giving pleasure to the eye and peace to the mind,” the former chief legal officer for Lehman Brothers Holdings Inc. said after the storm.
But on the bright side, it did afford some hard-working parents a little extra family time:
The impact was less severe in Greenwich, Connecticut, where a 41-year-old hedge-fund manager played a family game of Monopoly on and off from lunchtime to 9:30 p.m. the day of the storm, the investor said, declining to give his name because of his fund’s media policy.
His 10-year-old twin sons and six-year-old daughter don’t enjoy playing with him because he refuses to trade properties and plays to win, he said. He beat them after putting a hotel on Park Place.
That's what I call good parenting: play to win.
- Comment (18)
- · Quote
- · UnfollowFollow (4)












Comments:
Re: Investment Bankers & Sandy
You kid but my competitive mother never let us win a game and I always loved that about her.
May '10
Re: Investment Bankers & Sandy
Sure, go ahead, make fun. But who will you be calling when Ricochet is ready to launch a hostile takeover of AOL?
Edited on October 31, 2012 at 5:29pmJun '12
Re: Investment Bankers & Sandy
How much ya wanna bet Barack's parents and grandparents always let him win, so as not to damage his self-esteem?
Jul '11
Re: Investment Bankers & Sandy
We played cards as a family. No mercy.
ConservativeWanderer
How much ya wanna bet Barack's parents and grandparents always let him win, so as not to damage his self-esteem? · 0 minutes ago
Two years ago my wife and I got 2 bottles of Margaux 86. In near ecstasy at the taste I was astounded when she told me she preferred regular old Napa cabs over this expensive stuff. Then I realized how darn cool she is.
Re: Investment Bankers & Sandy
Trace Urdan: Sure, go ahead, make fun. But who will you be calling when Ricochet is ready to launch a hostile takeover of AOL? · 15 minutes ago
Edited 10 minutes ago
Never!*
*unless the price is right.
Jun '12
Re: Investment Bankers & Sandy
Rob Long
Trace Urdan: Sure, go ahead, make fun. But who will you be calling when Ricochet is ready to launch a hostile takeover of AOL? · 15 minutes ago
Edited 10 minutes ago
Never!*
*unless the price is right. · 1 minute ago
After HuffPo gets done with them, they'll probably sell for about what Newsweak did.
Jun '12
Re: Investment Bankers & Sandy
One of the great joys of fatherhood is beating the children at games.
It's right before taking a "Daddy Tax" from the Halloween Haul!
:-)
Sep '10
Re: Investment Bankers & Sandy
Keith Bruzelius: One of the great joys of fatherhood is beating the children at games.
It's right before taking a "Daddy Tax" from the Halloween Haul!
:-) · 1 minute ago
Good that they should learn about taxes early.
Aug '11
Re: Investment Bankers & Sandy
It's good to be a master of the universe!
My Grandmother on my Dad's side, an RN, loved to play cards - for money. Needless she encouraged us to play at an early age and regularly cleaned us out of our nickels, dimes and quarters. Whist, Hearts, Poker, Gin, Rummy, Cribbage - we played them all with no refunds. I carry on the tradition and to this day my kids refuse to let me play Clue. Monopoly has become everyone against Dad. That's the only way they can beat me - cheaters!
Apr '11
Re: Investment Bankers & Sandy
Monopoly is a terrible game....there I've said it. I don't know why people like it. There is little to no strategy, it is just mindlessly running laps around the game board.
May '10
Re: Investment Bankers & Sandy
That is not true. There are several strategies that work to win. Please come play me several games and I can demonstrate. Might we play for real stakes ? :)
Apr '11
Re: Investment Bankers & Sandy
Bryan G. Stephens
That is not true. There are several strategies that work to win. Please come play me several games and I can demonstrate. Might we play for real stakes ? :) · 58 minutes ago
No there is pretty much only one way to win the game if you understand the mechanics of the system. Which is why I don't really like it as a board game. It is the equivalent of Tic Tac Toe, which no one can win if everyone knows what they are doing.
Dec '10
Re: Investment Bankers & Sandy
As F Scott Fitsgeraldwrote in "The Rich Boy,":
"Let me tell you about the very rich. They are different from you and me."
Dec '11
Re: Investment Bankers & Sandy
The hotel i was staying in never lost power. They did close the starbucks though. I considered looting.
Aug '10
Re: Investment Bankers & Sandy
It's amazing what has happened to my old hometown of Darien. When I was growing up, the chairman of IBM lived four houses down the street from our little c.1765 farm house, but now really rich folks live there! In contrast to the "hardship" related in the Bloomberg story, a friend of mine spent the day cleaning his small business's flooded warehouse in Staten Island, with its ruined computers and vehicles. The water was chest high. We had a drink together and he was so emotionally pent-up he burst into tears. It ain't exactly Monopoly for everyone here.
Aug '12
Re: Investment Bankers & Sandy
Monopoly is a pretty terrible game. It can be played well, and make for interesting games, but in that case you'd be better off getting one of the more modern games. And how can you play it well if you're not exchanging properties? If you're not negotiating deals, then how do you improve on the luck the dice give you? Granted his six year old wouldn't do that well at it, but I was wheeling and dealing in Monopoly at 10.
Apr '12
Re: Investment Bankers & Sandy
Too early to drink a 2005 Margaux. Should have reached for a 1995 Margaux.
Dec '10
Re: Investment Bankers & Sandy
I'm sure that this all seems very funny to you guys, but I'm a Sandy *survivor.*
Here in Boerum Hill Brooklyn, we lost cable and Internet for THREE HOURS.I've been in contact with FEMA and Bono and Clooney are confirmed for the telethon.
As of this morning, the recovery effort is in full swing. Sean Penn just paddled by in a john-boat using a hipster in skinny jeans as an oar.
Don't tell Mayor Bloomberg, but I've been using BigGulp cups to catch leaks from my roof.
Later tonight I'll hang-glide like Snake Plissken onto Manhattan, fight my way uptown through the long/short fund managers and loot Brooks Brothers. Bow-ties anyone?
Edited on November 1, 2012 at 11:41pm