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Saturday, July 25, 2009
Friday, July 24, 2009
THE EMPIRE AND EGO OF DONALD TRUMP ((1983 Article, NY Post))

HE made his presence known on the island of Manhattan in the mid 70's, a brash Adonis from the outer boroughs bent on placing his imprint on the golden rock. Donald John Trump exhibited a flair for self-promotion, grandiose schemes - and, perhaps not surprisingly, for provoking fury along the way.
Senior realty titans scoffed, believing that braggadocio was the sum and substance of the blond, blue-eyed, six-footer who wore maroon suits and matching loafers, frequented Elaine's and Regine's in the company of fashion models, and was not abashed to take his armed bodyguard-chauffeur into a meeting with an investment banker.
The essence of entrepreneurial capitalism, real estate is a business with a tradition of high-rolling megalomania, of master builders striving to erect monuments to their visions. It is also typically dynastic, with businesses being transmitted from fathers to sons and grandsons, and carried on by siblings. In New York, the names of Tishman, Lefrak, Rudin, Fisher, Zeckendorf come to mind.
And now there is Trump, a name that has in the last few years become an internationally recognized symbol of New York City as mecca for the world's super rich.
''Not many sons have been able to escape their fathers,'' said Donald Trump, the president of the Trump Organization, by way of interpreting his accomplishments. Three of them, built since 1976, stand out amidst the crowded midtown landscape: the 68- story Trump Tower, with its six-story Atrium housing some of the world's most elegant stores; the 1,400- room Grand Hyatt Hotel, and Trump Plaza, a $125 million cooperative apartment. And more is on the way.
''At 37, no one has done more than I in the last seven years,'' Mr. Trump asserted.
Fifteen years ago, he joined his father's business, an empire of middle-class apartment houses in Brooklyn, Queens and Staten Island then worth roughly $40 million. Today, the Trump Organization controls assets worth about $1 billion.
The largest and most striking properties were developed by the younger Trump and are owned by him individually or with one non-family partner. While his father, Fred C. Trump, is the company chairman and oversees the original holdings, the Trump Organization is unquestionably a Donald Trump extravaganza.
HE makes that clear. At Trump headquarters on the 26th floor of the Trump Tower astride Fifth Avenue, he opened the door of a room furnished with a vast table.
''This was supposed to be a board room but what was the sense when there's only one member,'' said Donald Trump. ''We changed it to a conference room.''
By MARYLIN BENDER; MARILYN BENDER, A JOUNALIST AND AUTHOR, WRITES ON BUSINESS FROM NEW YORK.
Published: August 7, 1983
Mr. Trump assiduously cultivates a more conservative public image now, a gentleman of taste in a navy- blue suit with discreetly striped shirts and blue ties, who weekends with his family in Greenwich, Conn. Last spring he forsook the Hamptons, his former habitat, to buy an estate in the conservative community.
His pastor, the Rev. Norman Vincent Peale of New York, avowed that he is ''kindly and courteous in certain business negotiations and has a profound streak of honest humility.''
But Mr. Trump prides himself on being street smart and boasted that Brooklyn and Queens, where he was raised, are among ''the toughest, smartest places in the world.'' Mr. Trump prefers the vocabulary of war and sports to document his exploits, acknowledging ''I don't like to lose.'' Nor does he like to receive less than full credit for his victories.
''He was a pretty rough fellow when he was small,'' recalled his father, who packed off his obstreperous teen-age son to the New York Military Academy in Cornwall-on-Hudson for his high school education. According to some of his peers in the industry, Donald Trump has not really changed much from those boyhood days.
His alternating skills of charming some individuals and riding roughshod over others has earned Donald Trump a reputation in some quarters as someone not to be trusted. He reneged, for example, on a promise to donate to a museum the Art Deco bas- reliefs on the facade of Bonwit Teller's - bulldozed to make way for Trump Tower. It was a sin deemed unforgivable by landmark preservationists. But the only negative comments about Donald Trump these days are given off the record.
DRINK OF THE WEEK: GREEN GOBLIN
WHISPER JOBS: Assistant Editor opening at Bettyconfidential.com
Job/Internship type:
Freelance
Company/Publication Name:
Bettyconfidential.com
Location:
New York, NY
Description:
BettyConfidential.com is looking for an Assistant Editor Must be:
• EXTREMELY ORGANIZED
• Skilled technically – basic HTML, experience with blogs/ CMS,
Photoshop.
• An excellent writer
Responsibilities include:
- MORNINGS: Overseeing daily updates to the website (M-F) – starting at
7 am.
- Image sourcing and formatting
- Contribute story ideas, research, write articles
Most of this work will be done virtually, but you will need to attend
meetings (1-4 times/month) in NYC.
We are looking for someone with a flexible schedule, available mornings
M-F (approx 7 – 11 am) and as needed throughout the day. Some
evening/weekend work may be required.
20-30 hrs/week @ $10 – $15 /hr.
Posted 7/23/09
Contact:
Apply: jobs@bettyconfidential.com
OK to mention Ed?:
Yes
Freelance
Company/Publication Name:
Bettyconfidential.com
Location:
New York, NY
Description:
BettyConfidential.com is looking for an Assistant Editor Must be:
• EXTREMELY ORGANIZED
• Skilled technically – basic HTML, experience with blogs/ CMS,
Photoshop.
• An excellent writer
Responsibilities include:
- MORNINGS: Overseeing daily updates to the website (M-F) – starting at
7 am.
- Image sourcing and formatting
- Contribute story ideas, research, write articles
Most of this work will be done virtually, but you will need to attend
meetings (1-4 times/month) in NYC.
We are looking for someone with a flexible schedule, available mornings
M-F (approx 7 – 11 am) and as needed throughout the day. Some
evening/weekend work may be required.
20-30 hrs/week @ $10 – $15 /hr.
Posted 7/23/09
Contact:
Apply: jobs@bettyconfidential.com
OK to mention Ed?:
Yes
Wednesday, July 22, 2009
ENTREPRENEUR MAGAZINE: "The New Orleans Saints" In the wake of Hurricane Katrina, a new entrepreneurial culture is taking hold in New Orleans.

If New Orleans needs a symbol of its entrepreneurial uprising, this is it: A grand building in the heart of the Warehouse District, once home to one of the city’s old-line law firms, has been completely taken over by young business renegades.
By April, the lawyers had been swept out of the building at 643 Magazine Street. It was freshly rehabbed, christened the Intellectual Property, and the future started moving in: businesses like TurboSquid, an emerging player in the wild art of 3-D modeling, and iSeatz, the online engine behind major travel and entertainment sites.
Down the hall, an outfit called Launch Pad is leasing low-cost work space to freelance designers, writers and other would-be entrepreneurs. The Idea Village, a nonprofit group that fosters entrepreneurship and helped create the Intellectual Property building, moved in and started planning community events in the lobby. PlayNOLA, an organizer of sports leagues for young professionals, got its space by winning a local business plan competition. There are even a few new lawyers at Couhig Partners, which specializes in helping corporations with commercial litigation and business management.
The idea behind the I.P., as the building is called, is to provide a hub for an entrepreneurial culture that is bubbling up all over the city, in almost every kind of enterprise. Four years after Hurricane Katrina and the many stumbles toward its recovery, these young businesses represent technology, invention and youthful, entrepreneurial energy--altogether, the potential for rebirth in a region devastated by disaster.
“As someone who cut his teeth in the Bay Area during the dotcom boom, it’s my opinion that we have an opportunity in New Orleans to recreate what we saw there in the late 1990s, or what Austin or Seattle has done,” says Michael Hecht, president and CEO of Greater New Orleans Inc., a nonprofit economic developmentinitiative, and one of the minds behind the I.P. “We’re creating a mecca for entrepreneurs.”
The evidence is growing--from the thousands of new jobs to the tens of millions invested in business development and incentives. Not far from the I.P., in the Central Business District, a building at 220 Camp Street houses an upstart alternative energy provider, a new online exchange for business receivables and a startup music licensing firm. In the Faubourg St. John neighborhood, Trumpet Ventures is incubating startups in a 12,000-square-foot converted warehouse as it continues to expand its own marketing business. A new motion picture studio sprung up in Elmwood and already has a $60 million Sylvester Stallone action flick in production.
All of this is happening in a city that’s still trying to clean up the tangible and psychological damage of Katrina, even as it clears away the long-existing lore of embedded industry and somewhat dubious business practices. In the midst of one of the worst national economies in decades, New Orleans is recreating itself as a hive of entrepreneurial initiative and demonstrating to other cities how to recover from even the worst disaster.
“Everyone’s going through Katrina right now,” says New Orleans fashion designer Seema Sudan of the current economic calamity. “When I go elsewhere, I feel what’s going on in the world. When I’m here, I feel the optimism.”
Read more: http://www.entrepreneur.com/magazine/entrepreneur/2009/august/202586.html#ixzz0M3gVDMbS
Jay-Z Speaks On Chris Brown, Calls Game 'Groupie'

In an interview with English deejay Tim Westwood, Jay-Z took time to address several hot-button issues, the first of which was Chris Brown.
Jay-Z denied rumors that he had Brown's scheduled Michael Jackson tribute at the BET Awards canceled. "First, let me categorically deny that. That's not even my style. If I got a problem with Chris Brown, I got a problem with Chris Brown. I haven't said anything - I haven't said anything live, or behind the scenes. Whatever. I don't agree with what he did, and that's it."
Moving onto other controversies, Jay spoke about The Game, whom he mentioned in a freestyle live in concert [click to read], which ilicited a harsh response from the west coast rapper [click to read]. Jay-Z was careful to point out that he in the freestyle that he was not talking about Game. "Tell groupie to get over it," concluded Hov.
During the interview, Jay also confirmed that his next single will indeed feature Rihanna and Kanye West in favor of one with Drake [click to read]. As previously reported, the singer is titled "Run This Town."
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