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News Archive for Mardi Gras
NEWS   02.25.09 4:06 PM
In the News: Northern Trust Upsets Congress, Mardi Gras Carries on Despite Recession
Magazine Publishers of America Downsize Conference: The annual American Magazine Conference, planned as a three-day function in Boca Raton, Florida, this October, won't go ahead as planned. Instead, the Magazine Publishers of America will host a one-day event in New York. [Mediaweek]

Washington Riled Over Northern Trust Corp. Spending: A group of congressional representatives, led by Barney Frank, has called out Northern Trust Corporation for misuse of the $16 billion in U.S. bailout funds it received last year. TMZ reported earlier this week that a firm-sponsored golf tournament in California included nights in the Beverly Wilshire and Ritz-Carlton hotels for clients and employees, lavish parties with A-list entertainment, and Tiffany souvenirs. A spokesman wouldn't divulge details of costs, but insisted the spending "is part of a business decision regarding an annual event to show appreciation for clients.” [Bloomberg] MORE >>

RELATED TOPICS Magazine Publishers of America, Northern Trust, Mardi Gras, Liz Smith, Oscars, Academy Awards
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