Sunday, April 18
Saturday, April 17
The Tower And Torture
The gang re-unions at the Tower of London. The last time I was here was in November '97 with some visiting friends and Alex and Spencer, who shared our first Thanksgiving shortly later. Alex on the fast-track at JP Morgan and Spencer a hedge-fund investor; both are now retired, living in Connecticut with their three kids. Back then, we drank martinis and thought, wow, London. How sad when they left us after two years.
at 10:58
Abacus 2007-AC1
Goldman Sachs accused, Air Space closed across Northern Europe, Big Brother comes to its end in Britain. Talk about a strange series of events to end the week, none of them, dear reader, could have been predicted - especially Goldman, given how deep they are in Washington's pockets (though some saw it coming when the firm moved to New Jersey. Hello? Tony Soprano?). We know about Goldman alums Hank Paulson and Robert Rubin running the economy and handing away tax-dollars but how about Michael Paese, a Barney Frank staffer who is now Goldman's top Washington Lobbyist? Paese's position formerly held by Mark Patterson who is now the current Chief of Staff at the Treasury. You don't have to be a genius to put those dots together. So here is the pig in the poke: John Paulson (no relation to Hank) knew the subprime market over-valued trash so he went to Wall Street to find a partner who could express his vision. Enter Goldman, who aided Paulson by building a portfolio of shit, Abascus 2007-AC1 and 100 other similar vehicles, which Goldman sold to unwitting pension funds who are the country's workers, families and grandparents. While the pensions anticipated a gain, Paulson bet against it and made $1 billion when Abascus value collapsed; Goldman also took part in the trade. Unlike Paulson, who made his views public, Goldman flogged their product as investment quality without informing their buying-clients that Paulson had selected some of the portfolio's securities. As one trader says, "this is like betting on penalty kicks and not knowing the other guy a goalie." What is surprising about all this that the SEC, who famously flubbed Madoff and, so far, has failed to identify one crooked arrow despite trillions lost since '08, finally shows some teeth going after the biggest bad-ass on the block. Could it be public pressure?
at 08:25
Thursday, April 15
The Eye
Any blog from London at some point must include a description of the London Eye, one of the most surreal objects here or anywhere. It rises above the river with burnt South Bank, Lambeth and Southwark behind it. I snap this photo crossing Westminster Bridge on a clear, windy, night following a fancy, schmoozy, dinner at Whitehall honoring excellence in private equity. My friends at Astorg Partners take top-honours for France and we share a celebratory table. Bravo. The Eye, meanwhile, inspired by the Grande Roule which seems appropriate given my mates. It stands 135 meters and the largest Ferris wheel in Europe; it has become the most popular paid tourist attraction in the United Kingdom, visited by over three-million people each year. Good God. When built in '99, it was the world's tallest Ferris wheel, since surpassed by others, yet remains "the world's tallest cantilevered observation wheel" as the entire structure supported by an A-frame on one side only. Still Number One, people. Still Number One.
at 17:15
Wednesday, April 14
Passports
We have a family morning in town to renew our passports - here is the boy before the American Embassy, next to Grosvenor Square. Once upon a time, before 911, the Embassy open to the street and we strolled inside with no security. It is an administrative building, after all, and US soil since 1960 when the offices relocated from nearby Portland Place whose grounds now a private club popular with New Media during the go-go years. I hung out there once. Today, the Embassy a concrete monster consistent with the architectural style of that era when London awakening from the war and pouring concrete like nobody's business. In front of the Embassy is a statue of Eisenhower whose Supreme Headquarters of the Allied Expeditionary Force was kitty-corner to where I stand now taking Eitan's photo. By 2001, the building surrounded by road-blocks spread ten feet apart; by 2003, a steel gate, CCTV and entry check-points+police in Kevlar vests with machine guns. For final access, a US soldier sits behind a bullet-proof glass - his sole job to unlock the entrance door. He sits straight and looks directly at us. Before him yesterday, we pass security similar to any good airport and I must leave my wizzy gadgets with a guard. Sonnet brings water for the kids which I am asked to sample or spill. I drink. All this will one day be in the past, at least in Central London, for the Embassy will soon move.
at 07:31
Monday, April 12
Map
Chatting casually at the family dinner. Me: "Madeleine, where is Britain?"
at 18:49
Tommy Gun
Madeleine loves this hamster who, I admit, the cutest of the bunch we have so far enjoyed (I recall from my own yuf that hamsters are a trial-and-error sort of thing. They escape. They die. The pet store has an endless supply). On the week end, Madeleine brings Tommy downstairs 3-4X a day for a cuddle and the poor, shell-shocked, creature puts on a good face, being woken from its deep daily slumber. Yesterday, however, Tommy decides enough is enough and gets his front teeth into Madeleine's plump, middle, finger. All hell breaks loose as the poor kid screams - Sonnet and I bolt for her - then tears. Oh, sweet tears! We gently wash our darling's finger then sanitise and bandage the wound while soothing her anxiety. A trail of red blood follows us from Madeleine's bedroom to the sink. Poor child, innocence lost. Today, Madeleine unable to practice her trumpet since "my pushing finger" still hurts. The ramifications, dear reader, profound.
at 08:19
Sunday, April 11
Retard On Retard
Madeleine wears my shades in the park.
at 14:42
Golden Duck
Madeleine and I visit Richmond Park this morning to feed the ducks (or "the quackers" or "quacky quacks" as she once called them). This one smart enough to be away from the badelynge and I reward her with bread for being an entrepreneur. We do not have enough of these birds in our country and soon it may get worse as taxes go up and people bail. Jim Ratcliffe, for instance, the UK's most successful post-war entrepreneur is moving to Switzerland to escape Gordon Brown; Ratcliffe founded Britain's largest private company -- chemicals group Ineos in 1998 -- and is taking 20 of his execs with him. This will save him, and cost us, over £100MM but worse (for us) he will not try another company in Britain, taking his potential with him.
at 11:43
Saturday, April 10
She Sells Sea Shells
at 17:46
Friday, April 9
Tube And Arab
My friend from the go-go years, Azeem Azhar, takes this photo using a Helga Viking lens, 'float' film without a flash. Way cool.
at 17:31
Thursday, April 8
Freedom And No Freedom
Spring has arrived and how quickly life cheers up. Here I am before an Anish Kapoor.
at 14:18
Wednesday, April 7
Kumon. Always Kumon
Madeleine has worked hard at Kumon, pictured, for at least several years and has shown great progress now doing long-multiplication. We hope, at minimum, Kumon gives her confidence which neither Sonnet nor I had towards math as youngsters. Or adults, for that matter: I was totally exposed on Wall Street. I squirmed when my worksheets proofed - what misery. I would wish to avoid the same awkwardness for Madeleine yet appreciate she, well, frankly, hates Kumon or, more generally, numbers. As a solution, we have reduced her daily practice by several pages which seems to have worked for the moment. Kumon goes all the way to calculus but I think we shall quit once Madeleine's maths foundation established. She would suggest the sooner, the better.
at 17:41
Hear My ...
Sonnet, now a full-time mom, takes the kids into town while I to work - here are the little dears, pictured, by Lord Nelson's column (Nelson being out-of-view) and a lion, one of three (NB: England's coat of arms, adopted in 1198, is three lions and a symbol of the kingdom and monarchs. In '95, the song "Three Lions" by the Lightening Seeds the official anthem for the England football team during the European Championships held in England). Roar. After visiting the National Portrait Gallery (Madeleine: "Not another museum! I go to a museum every day." Me: "When was the last time you went to a museum?" Madeleine: "The British Museum , like, three weeks ago." Me: "Ok, before that?" Madeleine: "Who cares Dad.") where they see Irving Penn Portraits, Sonnet heads to Chinatown for a late-lunch. Later, Madeleine brags about chicken's feet, which she orders on her own initiative with delight. She is a risk-taker, my daughter, and I love it.
at 16:38
Tuesday, April 6
Coco Rocks
Kellogg's "Coco Pops Coco Rocks," which seems kind of redundant to me, gets the kids out of bed early. Recall that I, in a moment of bon vivant, allowed the Shakespeares to celebrate the spring break with a cereal of their choice. They go "all in." The box has a bland computer generated image of a squarel with large, cartoon eyes, black nose and red tongue - all sickly seductive colours. He wears a baseball cap with a chocolate-coloured "C." For us, the responsible parent, the packaging presents a different message: 'source of fibre' - check. 'Fortified with vitamins and iron' - check. 'No added coulours' - double check. 'Multi-grain made with four gains' - check, check, check! Meanwhile Madeleine squeals that there is "chocolate filling" in the Coco Pops Coco Rocks and this makes me wonder: what the hell is this cereal made of? Again, the helpful packaging:; Cereal Flours (Maize [33%]), Oat (9%), rice (7%), wheat (6%), sugar, Chocolate Flavour Filling (14%)(Sugar, Vegetable Oil, Fat Reduced Cocoa Powder, Cocoa Mass, Skimmed Mile Powder); Milk Whey Powder, Emulsifier, Glucose Syrup, Cocoa Powder, Chocolate (3.5%), Salt, Tricalcium Phosphate, Calcium Carbonate, Sodium Bicarbonate, Flavouring, Antioxidant (Ascorbyl Palmitate, Alpha Tocopherol), Niacin, Iron, Vitamin B6, Riboflavin (B2), Thiamin (B1), Folic Acid, Vitamin B12.
at 07:08
Monday, April 5
Broccoli
Madeleine leaves the worst for last and tonight that means broccoli. I promise her "no desert" unless her plate clean and she calculates exactly how much she must finish to the nibble (pictured). Joe joins us today, a bank holiday, and with Eitan we kick the ball around until dinner time, but not before they and Madeleine chase water rowers on the pond. Joe's family is off for Spain tomorrow while Sonnet and the kids to Devon Wednesday to visit Halley. Two weeks, no school. Ah, yes, to be a kid.
at 17:35
Mike Troy
My photo of Mike Troy at the Heather Farms swimming complex in Walnut Creek, California, in 1983. Mike was my coach before college when I competed with the Walnut Creek Aquabears for several seasons. Back then, the men and women's teams won Jr Nationals and Top-5 for Seniors. We had guys like Dave Bottom who won NCAA titles in the backstroke and set American records (Dave's brothers Mike and Joe legendary swimmers from the '70s); crazy John Miranda, a world class sprinter in fellow NorCal Matt Biondi's shadow; and 12-year old Lisa Dorman who, by 16, was a four-time US National Champion, member of several US National Teams, Pan Pacific Champion, 1986 World Championship finalist, and consistently ranked among the world's top 25 from '82 until '90.
at 08:06
Sunday, April 4
Love
The kids pose for next year's Christmas photo. Not.
at 17:49
Easter Passover
We spend Easter Sunday in Primrose Hill with Dana and Nathan and their clan, hunting for eggs and eating glazed ham. Dana expecting #3 in June and her energy level amazing. How does she do it? Nathan flips Madeleine around to her and Eitan's delight. They are the guardians to our kids.
at 17:22
"Get Out Of Bed. It's Easter."
I am muscled from bed this morning by Madeleine, who wishes to show me her and Eitan's Easter gift which I stumble over on my way to coffee. Before our bedroom door on grey construction paper with a few objects and one handmade paper airplane: "Dear Dad, Happy Easter. Have a great time with mum and us. Enjoy the presents I made for you. Make the most of having more time with us. Best wishes, Eitan."
at 10:41