[Graydon Carter and Fran Lebowitz. Photo by Patrick McMullan]]

• Fran Lebowitz sees a silver lining in all this at the VF book party [Observer]
• Pretty good capitalistic timing for a bunch of anarchists… [NYT]
• Lehman layoffs, need a job? Lie down on the job like your regulators did [NYDN]
• It’s all the Media’s fault. [Gawker]
• Bottle service isn’t going anywhere [Grub Street]

A simple search on Ebay with the keywords Lehman Brothers uncovers a treasure trove of prep-tastic goodies from the “green monster” that include canvas totes, duffles, hats, a Nalgene bottle, and of course our favorites - the Lehman stress ball and the Lehman Brothers Emergency Evacuation Kit!  The only thing missing from this splendid smorgasbord is a golden parachute.

So will these fashion items become a new trend for the fall, similar to how Bear Stearn’s apparel became the coveted fashion pieces of the moment back in the spring?

I don’t usually like to play the role of a carnival barker, but I have to say,  “get ‘em while they’re hot!” Perfect for a weekend in Nantucket, The Vineyard, or the Hamptons.  That stress ball is just begging to be squeezed. For a wonderful collage of Lehman collectibles you can scoop up, click here, or the picture to the right–>

Spotted: Tombstone -esque logo in front of Lehman Brothers Asia Headquarter

Spotted: Bulls in 10ak.  Irony in clubland.

It was not too long ago when Richie Akiva was bullish on the prospects of 1oak “changing the face of nightlife” as he so brashly put it in an interview with New York Magazine.  So bullish in fact, that he and his partners Ronnie Madra, Scott Sartiano, and Jeffrey Jah sunk a cool $3 million dollars into the space.  But, with the changing of fortunes on Wall street, will their bottle-fueled venture be hurting as the slow-moving train wreck that is wall street keeps grinding down the tracks?

The collapse leaves only two true Investment Banks left standing

This meltdown may very well be the pin-prick that bursts the club price bubble.  In the past decade, as New York has been injected with funny money, a bottle culture has permeated clubland, driving the price for a single bottle to upwards of $400.  We have often loathed the homogeneous effect of this model and bottle culture. More»

[An English Breakfast Set, Flickr]

Today’s theme seems to be “Gut Busters”.  Though, the one above looks a little more appetizing than the Lehman one Dick Fuld is feeling this morning.  This photo is part of “The Full English Breakfast” set on Flickr.  It is my favorite Flickr set I have stumbled upon to date.

More»

How do you say “Party’s Over” in financial speak?

There will be no more ego-driven tab write ups for the Lehman boys this fall or most people in finance for that matter.  Now, I’m not saying that blowing $2k on a table at a place such as Pink Elephant is the WORST idea out there, however, now it won’t even be a possible option for several of the regulars.  Our hearts go out to them….at least their 401k’s were intact this summer, so they could get a  couple of weekends of models and bottles in clubland (I’ve included some of my favorite documentary photos below). I hope these memories will carry them through the recession.

More»