Porsche
All posts related to Porsche on Guest of a Guest for Porsche.
Porsche And Vanity Fair Celebrate The Launch Of Panamera
Go HERE for more photos by LENNY EMERY and TAG YOURSELF and YOUR FRIENDS!
Porsche fans (and those on the verge of a mid-life crisis) crowded under one roof Wednesday night at Skylight Studios for Porsche and Vanity Fair’s Launch of the new Porsche Panamera, a sports car and utility vehicle in the body of a luxury sedan. Sounds dreamy… More »
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Porsche Hosts Preview Of 2009 New York International Auto Show At 10th Annual East Side House Settlement Gala
Check THIS out for more photos by LINDA ROSENDAHL and TAG YOURSELF and YOUR FRIENDS!
Vroom vroom! The 2009 New York International Auto Show arrived in style for a preview last night to the 10th Annual East Side House Settlement Gala hosted by Porsche and held at The Jacob Javits Center. Guests were privy to a series of events including a live auction of the new Porsche 911 GT3, cocktails followed by a benefactors dinner, and a special display of past and present Porsche racing cars. Racing helmets off to the benefit committee’s co-chairs Kipton Cronkite, Paige Hardy, and Tatiana Platt for a job well done! More photos below…
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What A Hedge fund Manager Doesn’t Want For Christmas: A Porsche
[Steve Cohen says NO to Porsche, YES to coal]
If you’ve been following the markets recently, you’ve probably been hearing all about “bailouts” and banks crumbling. You’ve also probably heard Jim Cramer inside every New York cab bellowing “Beware of companies that pay ultra high dividends! In this economy a defense could be your best offense!“ But you may not have heard that hedge fund managers would rather have coal in their stocking this year than a brand new Porsche.
The reason has nothing to do with a paradigm shift in luxury tastes, rather one of the most spectacular wrong hedge fund bets that occurred just weeks ago, a bet that has led to losses of close to $12 billion dollars. Funds including Steve Cohen’s renowned SAC capital tried to “short” Volkswagen, unaware that Porsche had a massive option and planned to purchase a majority stake because of looser German disclosure requirements.
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