Hedge-Fund Managers Can’t Get Over AerosmithFINANCE
• At this year’s 2007 Robin Hood benefit, philanthropic hedge funders paid $400,000 to sing a song with Aerosmith, and $1.3 million for dinner with Mario Batali. [NYT]
• Hafiz Naseem, a junior investment banker at Credit Suisse, was charged with insider trading after he tipped off associates in Pakistan about deals, including the TXU buyout, before they were made public. [NYT]
• Google is the No.1 preferred employer for MBA students, with more traditional companies McKinsey and Goldman taking the next two slots. [Fortune via CNNMoney]
cultural capital
Aerosmith Plays Beacon; Steven Tyler Confesses to Using His Daughter’s Career For Personal Gain
Aerosmith played a private concert at the relatively tiny Beacon Theater Sunday night, exclusively for members of the new Citi/AAdvantage card. (This on the heels of similar, AmEx-only events featuring Kanye West and Lauryn Hill earlier this year.) It was a rare opportunity to see the stadium rockers up close, and we learned several things: Tom Hamilton, who’d missed part of the recent tour due to throat-cancer treatment is back in fine form. Joe Perry still has his abs. And Steven Tyler advises his daughter, Liv, on her movie choices. “She called me up and said, ‘Dad, Jerry Bruckheimer’s doing this movie,’” he said about Armageddon. “I said, ‘What’s it about?’ And she said, ‘It starts off with Bruce Willis hitting golf balls into the Gulf from an oil rig and then a meteor comes down, and everything goes to hell.’ I said, ‘Take that shit!’ They wanted four songs from Aerosmith. KA-CHING!” Ah, the joys of fatherhood. —Jada Yuan
Earlier: Lauryn Hill: Not Crazy After All These Years?