Scott Galloway Raises Stake, Prepares to Plunge It Into Heart of ‘NYT’FINANCE
• Ah, so that’s where all the G5s on the Teterborough tarmac were headed! The private-equity world descends upon Munich for the annual spectacularly named Super Return conference. [DealBook/NYT]
• Vagilante Scott Galloway and Harbinger Capital Partners raise their stake in the Times to just over 19 percent. [NYP]
• Hey, everyone! Hedge funds are a risk to the entire financial system! No duh. [Business Week]
company town
Bedbugs Infest Cadwalader, Wickersham & TaftLAW
• Bedbugs infest Cadwalader, Wickersham & Taft’s New York office, but the person who “brought the insects into the firm is no longer associated with the firm.” [Above the Law]
• Wannabe law students are looking to blogs and independent rankings for information about prospective schools. [WSJ]
• Two partners at Chadbourne & Parke are drafting a lawsuit to force the New York State Legislature to raise judicial pay. [New York Law Journal]
intel
Brooklyn Bedbugs Invade Marty Markowitz’s Building
It’s not news that bedbugs are resurgent in New York, infesting all sorts of apartments in all parts of the city. But now we know the little critters might be heading for our leaders: Several residents of Marty Markowitz’s Prospect Park West apartment house confirm that the borough president’s building has an outbreak of the bugs. One resident spotted her own infestation two years ago and hired an exterminator; two months ago, another fled her apartment because of the bugs. Flyers appeared in the building last month carrying pictures of the tiny culprits and reminding residents of scheduled exterminator visits on the first Saturday of each month. Markowitz’s spokeswoman says the beep’s apartment has so far been spared. But he’s still being safe. “I’m going to go along with my building’s plans to fumigate to prevent my unit and others from getting them,” he told us via the rep. Good luck, Marty. The borough is counting on you. —Eric V. Copage