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Citigroup Hires Former ANTM Contestant Kim Stolz!

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Kim Stolz has gone from Tyra Banks to working for the third largest US Bank!

The former America's Next Top Model contestant has been hired by Citigroup, to join their equity-derivative sales division.

In case you're not down with the fancy finance lingo

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Ver$ace Going Public?!

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Soon, YOU TOO may be able to own a slice of the gilded, Italian fashion pie that is Versace!

According to reports, the fashion house's owners Donatella, Santo and Allegra Versace, are looking for investors to grow their biz, which means they could become a publicly traded company on the stock exchange.

Goldman Sachs is said to be helping Versace weigh their financial options, but CEO Gian Giacomo Ferraris says "no solution has yet been decided".

Hmm. It worked for Prada and Salvatore Ferragamo, so why not?

Would U buy Versace stock???

[Image via WENN.]

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Muppets Fight Back Against Goldman Sachs And Discrimination

The Muppets won't sit around and watch their name get thrown around casually!

In Greg Smith's open resignation letter, he calls out his former employer, Goldman Sachs, for naming clients "muppets."

Although it was a small snippet of the letter, the reference has spread through the internet like wildfire and The Muppets are ready to take action!

Comedically, of course!

Check out the video (above) and watch as a few disgruntled Muppets lay a legal smackdown on Goldman Sachs.

HIGHlarious!!!!

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Jimmy Choo For Sale???

Filed under: Business BlitzJimmy ChooLVMH

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There are numerous reports circulating that Jimmy Choo is up for sale.

The shoe company's private equity firm Towerbrook is said to have hired Goldman Sachs Group Inc. and Morgan Stanley to broker the $804 million deal.

Not surprisingly, LVMH is at the top of the list to snatch up the company.

[Image via Adrianna M Barraza/WENN.]

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Is Facebook Worth A Trillion Dollars?!

Filed under: Business Blitz

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Some people sure seem to think so!

Even though Goldman Sachs clients are purchasing $1.5 billion worth of Facebook stock at a $50 billion valuation,
Wedbush analyst Lou Kerner said that if Facebook were a public company, it would be valued closer to $100 billion.

And on the secondary markets, investors are buying Facebook stock higher than $124 billion.

But that is nothing compared to the numbers Facebook is throwing around!

Two industry sources close to top Facebook execs said that when the company hires you, you're told that the goal is to turn Facebook into the world's first trillion dollar company!!!

Unreal. We have no clue how they are gonna do it, but it will sure be fun to watch.

Lots of luck!

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Sketchy, Sketchy Facebook!

Filed under: Icky Icky PooBusiness Blitz

facebook sketchiness

It's complicated between The Securities and Exchange Commission (SEC) and Facebook.

According to reports, the SEC is reviewing whether or not Facebook is going against financial disclosure laws, following their sketchy $500 million investment deal with Goldman Sachs and Russian investor Digital Sky Technologies.

The SEC will make a decision as to whether they need to create new disclosure rules for private firms such as Facebook.

New Yorker investment writer John Cassidy is concerned because he believes that Goldman Sachs and Facebook are trying to avoid having to publicly report their financials by raising $1.5 billion from multiple investors, but treating them as one.

Given the fact that companies with more than 500 investors must publicly report their financials, Goldman and Facebook seem to have found a loophole, which will allow them to keep secrets from the public.

SO sketch!

Thoughts???

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Facebook Is Worth $50 Billion!

Filed under: Tech TalkBusiness Blitz

facebook valued at 50 billion dollars

We've gotta admit, this is pretty impressive given the fact that Facebook pages are completely free to create.

Facebook has raised $500 million from Goldman Sachs and Russian investor Digital Sky Technologies, in a deal which values Mark Zuckerberg's social networking site at $50 billion.

Congratulations, Facebook!

…Just don't start charging for membership. As long as U promise not to do that, we'll continue to be happy for you, bbs!

P.S. CLICK HERE to "like" us on Facebook!

And CLICK HERE to "follow" Perez on Twitter!

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