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Posts Tagged ‘Joanne Lipman’

Business Mag Gets Shut Down…Not For Lack of Material, Of Course…

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Conde Nast Portfolio has folded according to The Business Insider:

Executives just finished a meeting to inform staffers. In the meeting, there was a round of applause for editor Joanne Lipman.

Also read Gawker’s Oct. 08 take on why the magazine is going down and Portfolio Jeff Bercovici writes about it on the Portfolio blog.

Portfolio Mag’s Madoff Breakfast

Kudos to Portfolio magazine for this morning’s thought-provoking panel about Bernie Madoff. Panelists: Elie Wiesel (pr. Eely Vee-zel), a prominent author and founder of the Elie Wiesel Foundation for Humanity, which lost money to Madoff; Harvey Pitt, ceo of Kalorama Partners and former Chairman of the Securities and Exchange Commission (SEC); and Jim Chanos, President and founder of Kynikos Associates, a well-known short-seller. Portfolio Editor in Chief Joanne Lipman moderated. The conversation ranged from heart-felt to thought-provoking to vengeful. I Twittered it at http://www.twitter.com/laureltouby

Some of the questions raised: What is Affinity fraud? Why was there such a lack of accountability on the part of the SEC? Did Madoff have accomplices? Will the high-stakes banker-types at Lehman and Merrill be accused of criminal behavior? How can we trust that it was a $50b fraud when that number was what Madoff himself reported?

The best answer was given when someone in the audience asked Wiesel (who lost tens of millions of dollars to Madoff): “Could you ever forgive him?”

Wiesel repeats the question: “Forgive?” as if to consider it. Then, after a looooong pause, retorts “No!….He’d have to ask for forgiveness and he wouldn’t do that.”

A bit later, I’ll post some video. In the meantime, hit the “continued” link to find out more about what was said (and what went noticeably unsaid) about the Madoff Fraud…

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Larry Kramer Tells Laurel at Michael’s: ‘We Need a New Generation of Storytellers’ – Watch the Video!

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Pictured above, Jack Rotherham of Metacafe.

Watch now:
mediabistro.com founder Laurel Touby talks shop with Magid’s Mike Vorhaus, Polaris Ventures’ Larry Kramer, and Metacafe’s Jack Rotherham during lunch at Michael’s on 55th and Fifth (Part One).

— LAUREL TOUBY

While Diane Clehane has her Lunch at Michael’s column, mine will be the redux version. I was sitting at Table 24, the very back of the room, just on the borderline of Siberia (aka the Garden Room). I had the pleasure of three men’s company (Jon Fine is home sick; sorry, Jon!). Mike Vorhaus, a consultant with Magid, Larry Kramer, uber media guru at Polaris Ventures (formerly with MarketWatch.com) and Jack Rotherham, senior vice president of Metacafe.

We had a wide-ranging discussion about journalism, media people, video, business models on the Web and more. Find out what we learned, and check out more video after the jump:

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Lunch: Special Fashion Week Edition

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— DIANE CLEHANE

These days, you just never know who you’re going to meet on Wednesdays at Michael’s. If we’d come yesterday, we would have been able to chat with Willem Dafoe. Oh well. This being New York Fashion Week, I was thrilled when Donna Karan came in. I was happy to catch up with my former boss (I once toiled as her flack during her heyday at Anne Klein) and add to the praise she’s been getting for her show earlier this week. When I asked her if she’s seen the glowing review Cathy Horyn wrote in this morning’s Times, she replied with a smile. “That was a surprise!” Not to her most fervent fans, though. Donna’s gorgeous jackets and draped skirts that are sure to be on plenty of well-dressed city gals come next fall hearkened back to her 80s heyday without looking at all retro. While everyone else is referencing the decade of giant shoulder pads (Is anyone really going to wear them again?) and DayGlo brights, Donna has managed to make everything look thoroughly modern and beautiful. Bravo!

I was lunching at the bar with fellow People scribe and soul sister Natasha Stoynoff when Ed Victor came up for a chat. Our favorite uber agent told us he was meeting Fugees producer/rapper John Forte and his lawyer Aarti Tandon. Here’s a tantalizing tale: John was one of 14 people who got a presidential pardon from departing President George W. Bush. John received a 14-year sentence in 2000 for drug trafficking when he was caught with two suitcases of liquid cocaine worth $1.4 million in Newark Airport. Carly Simon and Senator Orrin Hatch (now there’s an odd couple) both championed his release, says Ed. Now, he’s blogging about his experiences for Tina Brown on The Daily Beast, and Ed is shopping a book about his adventures in and out of jail. Sounds like a page-turner to us…

Here’s the rundown on today’s crowd:

1. Bonnie Timmerman and Richard Belzer

2. Peter Brown and a young bespectacled gent

3. ‘Mayor’ Joe Armstrong and Dorothy Kallins

4. My pal, Inside Edition anchor Deborah Norville and CBS Television’s Bob Madden. It’s been a while since I’ve seen Deb, so I went over to chat, and we laughed about how busy the dining room is despite empty tables all over town. “This place is the cafeteria for the LinkedIn set,” she laughed. So true ….

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Lunch: Special Post-Inauguration Edition

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— DIANE CLEHANE

The mood was festive at Michael’s today, with plenty of Obama buttons on display and lots of talk about the president’s stirring inaugural address. Jack Kliger told me, “I thought the whole thing was inspiring. His speech was terrific.” Jack had a good laugh about Barack Obama‘s heartfelt thanks to George W. Bush for his “years of service,” only to then turn around and basically rip the departing administration to shreds — in the nicest possible way. A speech for the ages, indeed.

While everyone agreed the president was near perfection in every possible way, the verdict was somewhat mixed on the First Lady’s fashion sense. A few media mavens told me they were less than thrilled with Michelle Obama‘s Isabel Toledo dress and coat (“A little dowdy,” sniped one stylista), but gave her higher marks for her Jason Wu ivory gown. I admit, I didn’t love the “lemongrass” lace daytime look at first, but by day’s end it had grown on me. I will say that Sasha and Malia looked darling in their custom J.Crew Crewcuts coats. When my good pal Fern Mallis, looking sleek and chic in her Tracy Reese Obama shirt, stopped at the bar for a chat, I asked her what she thought about Michelle’s fashion choices for the big day. “I’d give her a 10,” said Fern. “I could not think of a better ambassador for the fashion industry right now. She looked great.”

Today I was lunching with Lisa Silhanek and Justin Brown, CEO of First Global Xpress. Lisa, who knows everyone in the fashion biz, is working with Justin as his relationship manager, helping to broaden the business within the industry. Justin, whose clients include HBO, ICM and Conde Nast, has built an impressive business (that will be profiled in next month’s Business Week and the March issue of Inc.) by catering to companies that care about reducing their carbon footprint with smart shipping that lops off miles using direct flights. And, perhaps just as important, Justin says: “We deal with divas very well.” He’s shipped everything from a helicopter (New York to Eastern Europe) to Marilyn Monroe’s velvet headboard bought at auction by an adoring fan, so chances are he can handle whatever daunting task Seventh Avenue can serve up.

Here’s the rundown on today’s crowd:

1. The Imber Gang: Dr. Gerry Imber, Jeff Greenfield, Andy Bergman and Jerry Della Femina. I asked Jerry about the awful news about the demise of Full Frontal Fashion. His wife, the tireless Judy Licht, made the show a must-see for fashionistas and civilians alike with its wall-to-wall coverage of Fashion Week. (Truth be told, I’ve skipped a show or two knowing that I could watch the whole shebang from my living room without having to battle the crowds). “It’s true,” reports Jerry. “But Judy has a lot of things going and will be covering Fashion Week for The Huffington Post.” You heard it here first, folks. Smart move, Arianna.

2. Peggy Siegal dining with a mystery gal. Clever Peggy ordered her lunch in advance so as not to waste a minute.

3. ‘Mayor’ Joe Armstrong and uber-agent Ed Victor

4. Jack Kliger, Tom Donahue and a gent named Nick, so we’re told.

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Conde Nast Portfolio’s Breakfast Panel

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This morning, Conde Nast Portfolio magazine hosted a swank Panel/Breakfast at the 21 Club. The topic: The Market’s Future: What’s Next for the Economy. Speakers: John Cassidy, Contributing Editor, Matt Cooper, Washington Editor, Jesse Eisinger, Senior Writer. Editor in Chief, Joanne Lipman moderated.

Attendees included: Mort Zuckerman, Peggy Siegal, Rick Lazio, Felicia Taylor, Richard Edelman, Harold Burstein, Bob Scully, Jonathan Dahl, Jonathan Wald . Noticeably absent Jon Fine, of Business Week (wink: my husband).

I twittered the event. For my transcript, click continue. Follow me on Twitter at www.twitter.com/laureltouby…

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Claire Hoffman Diversifies Her ‘Portfolio’

ggw.jpgWe knew it was too good to last. FBLA hero and LAT-smut-beat reporter Claire Hoffman is leaving the paper to join Conde Nast Portfolio.

Here’s a release the mag giant sent out. Print it out on soft paper, and you can use it to sop up your tears:

Claire Hoffman has been named a contributing editor at Conde Nast Portfolio, it was announced today by Joanne Lipman, Editor-in-Chief of the magazine. Her appointment is effective immediately.

Ms. Hoffman joins Conde Nast Portfolio from The Los Angeles Times where she was a staff writer covering Hollywood and the adult entertainment industry. While at the Times, she wrote “Baby Give Me a Kiss,” a profile of Girls Gone Wild mogul Joe Francis. That story, which began with Francis’ assault on Claire and ended with his alleged rape of an 18-year old girl on the back of a roving party bus in Chicago, broke records on the LA Times website for the most page views. Prior to the Times, Ms. Hoffman worked as an intern and a freelance reporter for The New York Times, where she contributed reporting to a Pulitzer-prize winning series that investigated fraud and death by the American freight railroads.

Ms. Hoffman is currently working on a book about her childhood growing up in the Transcendental Meditation movement in rural Iowa, where her meditations were graded and enlightenment expected.

Ms. Hoffman holds an MA in religious studies from the University of Chicago Divinity School and another MA from the Columbia School of Journalism. She lives in Hollywood.

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