Bill and Hillary Clinton stopped by the Sagaponack General Store yesterday as Eric Schmidt, executive chairman of Google Inc., settled into brunch at CittaNuova in East Hampton, paging through real-estate ads over eggs.
In Southampton on Saturday night, Martin Gruss, senior partner at Gruss Investments LLC, and Wilbur Ross, chairman of WL Ross & Co., attended the Southampton Hospital Gala, which raised $1.7 million, according to a statement from the hospital.
Goldman Sachs Group Inc., the U.S. bank that announced plans in April to hire 50 people in Brazil, has reversed course after the economy expanded less than analysts estimated and top executives left the company.
Michael Ovitz, the former Hollywood agent whose company was said to have created enemies “the way a hurricane produces raindrops,” first met Gary Cohn over lunch at Goldman Sachs Group Inc.’s headquarters in June 2009.
The Federal Reserve’s review of its decision to let banks store, transport and trade raw materials signals a potential rebuilding of the wall between banking and commerce that legislation and rulemaking have eroded.
Valerie Thompson went from a childhood hawking fish, fruit and vegetables in London’s run- down East End to a Eurobond star at Salomon Brothers Inc. when it was the world’s biggest trading firm. Like the successful trader she was, she got out at the top.