Let’s dispense with the regular stuff today. It’s Friday, it’s finally May, and everyone’s in a good mood (unless you’re in Slovyansk). Yes, the drug companies are still rutting like caribou, the economy is looking a lot better, and the jobs report at 8:30 a.m. is forecast to be coming in fat. We’re expecting Berkshire Hathaway’s results today, too, but after this week of earnings and all this rain, you’re all beat. We know. We’ll pick up again on Monday.
Lisa Falcone is sitting at the head of a conference table, rapping to music by Swizz Beatz and waving her tanned arms above her head. She's meeting with the two employees of her fledgling company, Everest Entertainment. Just outside the room, her husband, Philip Falcone, is running his $9 billion hedge fund, Harbinger Capital, but that doesn't hold her back. She produced the song and sings along as it blasts from iPod speakers on the table: "Come on bitches, get your hands in the air, ugly bitches too, we don't care!"
Movies directed by George Clooney and Madonna will get red-carpet premieres at this year’s Venice Film Festival, with Madonna’s recounting the love story between the American divorcee Wallis Simpson and King Edward VIII.