Monday, December 29, 2008

Who is Taylor Alison Swift?


Who is Taylor Alison Swift? Swift is an American country pop singer. Signed to the independent Big Machine Records label in 2006, she made her debut on the Billboard country charts with the release of her debut single "Tim McGraw". This song, which peaked at #6, was the first of five singles from her self-titled debut, which was released in late 2006 and re-issued in 2007, and has been certified 3× Multi-Platinum by the RIAA. Following "Tim McGraw" were the #2 "Teardrops on My Guitar", the six-week Number One "Our Song", the #3 "Picture to Burn" and another Number One in "Should've Said No". All five singles from her debut were Top 40 hits on the Billboard Hot 100, as was her song "Change" from the AT&T TEAM USA Soundtrack. Her second album, Fearless, was released on November 11, 2008 and its lead-off single "Love Story" has become her highest Hot 100 hit. The New York Times names Swift "one of pop’s finest songwriters, country’s foremost pragmatist and [is] more in touch with her inner life than most adults".

Swift was born December 13, 1989 in Wyomissing, Pennsylvania. She is the daughter of Scott and Andrea Swift. She has one younger brother, Austin.Swift grew up on a Christmas tree farm outside of Reading, Pennsylvania, the daughter of a stock broker father and stay-at-home mother. When she was in fourth grade, Swift won a national poetry contest with a three-page long poem entitled "Monster In My Closet". At the age of ten, Swift began to perform around her home town, singing at karaoke contests, festivals, and fairs, and also started writing songs.


Swift's singing influences include her grandmother and LeAnn Rimes. Although her grandmother was a professional opera singer, Taylor's tastes always ran more toward country and she developed a love for Patsy Cline and Dolly Parton at an early age. She also credits the Dixie Chicks and Shania Twain for demonstrating how much impact can be made by "stretching boundaries".

At age eleven, Swift made her first trip to Nashville hoping to obtain a record deal by distributing a demo tape of her singing with karaoke songs. She gave a copy to every label on Music Row. Swift faced rejection, not just from record labels, but also from her peers. After Swift returned to Pennsylvania, she was asked to sing at the U.S. Open tennis tournament; her rendition of the national anthem completely moved the crowd.

Swift started writing songs and playing 12-string guitar when she was 12. Swift began to regularly visit Nashville and wrote songs with local songwriters. By the time she was 14, her family decided to move to an outlying Nashville suburb. When Swift was 15, she walked away from a development deal with RCA Records because the company wasn’t interested in her recording her own songs. Swift then performed at Nashville's songwriters' venue, The Bluebird Café, catching the attention of Scott Borchetta who signed her to his newly-formed record label, Big Machine Records. She also became the youngest staff songwriter ever hired by the Sony/ATV Tree publishing house




Swift's first single, "Tim McGraw", was released to radio in Summer of 2006 and on October 24, 2006, her self-titled album was released. Swift wrote or co-wrote all of the songs on the album, which debuted at #19 on the Billboard 200 and sold just 39,000 copies during its first week. It later peaked at #1 at Billboard Top Country Albums and #5 at Billboard 200. It also spent eight consecutive weeks at the top of the Top Country Albums charts. In total, it spent at the top on and off for 24 weeks. This accomplishment places Swift in an elite group-the only other country artists this decade to hold the #1 sales position for 20 weeks or more are The Dixie Chicks and Carrie Underwood. To date, it has sold over 3 million copies.
Swift has surpassed the 133 million mark for music streams on MySpace. She is currently ranked in the Top 10 for the most MySpace visits for all genres of music, and is MySpace's current top-ranking Country artist. Swift is the most searched musical artist on MySpace in 2008.


Regarding "Tim McGraw", Swift said, "I wrote the song in my freshman year of high school. I was dating a guy who was about to go off to college. I knew we were going to break up so I started thinking of all the things that I knew would remind him of me. Surprisingly, the first thing that came to mind was that my favorite country artist is Tim McGraw." "Tim McGraw" peaked at #6 on the Billboard Hot Country Songs charts for the week of January 27, 2007. The song's music video set a record by appearing for 30 consecutive weeks on GAC's fan-voted weekly Top 20 music countdown show, and reached number one on CMT's video charts. The video also won Swift an award for Breakthrough Video of the Year at the 2007 CMT Music Awards. Her pursuit of country music stardom was the subject of "GAC Short Cuts", a part-documentary, part-music-video series airing since the summer of 2006 on the country music channel.
On May 15, 2007, Swift performed "Tim McGraw" at the Academy of Country Music Awards. She sang the song to Tim McGraw in the audience, and introduced herself for the first time to him. Swift has been an opening act for Tim McGraw and Faith Hill on their Soul2Soul 2007 tour. She has opened in the past for George Strait, Brad Paisley and Rascal Flatts as well. On August 21, 2007, Swift performed live on the season finale of America's Got Talent.
The second single from the Taylor Swift album, "Teardrops on My Guitar", was released February 24, 2007. The song was inspired by a true event during her time in high school in which she liked a boy named "Drew Hardwick." He only saw Swift as a friend and a go-to person for advice about his relationship with his girlfriend. She noted she heard "through the grapevine" that Drew is well aware the song was written about him. "Teardrops on My Guitar" originally made its peak positions in Summer 2007, peaking at #2 on the Billboard Country Chart and #33 on the Billboard Hot 100. The song was re-released to the Hot 100 and Pop 100 in late 2007 with a Pop remix that brought "Teardrops on My Guitar" to #13 on the Hot 100 and #11 on the Pop 100.
In October 2007, Swift's songwriting peers at the Nashville Songwriters Association International honored her with their Songwriter/Artist of the Year Award, making her the youngest artist ever to win the award.
On November 7, 2007, Swift won the 2007 CMA Horizon Award and also performed "Our Song," the third single from her album, which would go on to become her first #1 song the week of December 22, 2007, where it leaped up from the #6 spot. This was the biggest jump to Number One since January 1998, when Tim McGraw's "Just to See You Smile", also jumped from #6 to #1. "Our Song" spent six weeks at #1 on the Country charts and also peaked at #16 on the Billboard Hot 100 and #24 on the Billboard Pop 100.
Swift also recorded a holiday album, Sounds of the Season: The Taylor Swift Holiday Collection, that was released October 16, 2007, exclusively available at Target stores. The album, which was not as successful as her self-titled debut, featured both holiday classics such as "Last Christmas" and original songs written by Swift.
Swift was nominated for a 2008 Grammy Award in the category of Best New Artist, but lost to Amy Winehouse. Swift's successful single, "Picture to Burn" was the fourth single from her debut album. The song debuted early in 2008 and peaked at #3 on the Billboard Country Chart in the spring of 2008.
Swift was cover girl of Seventeen in the June 2008 issue. She was also named number fifty-two on Maxim's sexiest women of '08.
Big Machine Records announced the release of "Should've Said No" on Monday, May 19. The song is the fifth and final single from Swift's debut album. She performed it on 43rd Annual Academy of Country Music Awards. The performance started off with her dressed in a hooded sweatshirt and jeans, but soon after a short black halter dress was revealed. In the last minute of the song, she went backstage to perform the final verse under a cascading waterfall. Swift had wanted to do that performance on stage with the water and the change of clothes since she was ten years old.[28]
In Summer 2008, Swift released Beautiful Eyes, an EP sold exclusively at Wal-Mart. In its first week of release, the album sold 45,000 copies, debuting at #1 on Billboard's Top Country Albums chart and #9 on the Billboard 200. With her self-titled debut album at #2 the same week, Swift became the first artist to hold the Top 2 positions of the Top Country Albums chart since LeAnn Rimes did so in 1997.
In July 2008, Swift graduated from the Aaron Academy, a Christian school in Hendersonville, TN which offers a home schooling program. "Should've Said No" became her second Number One single for the chart dated August 23, 2008. more

Who is Maria Menounos?


Who is Maria Menounos? She is an Greek American actress, journalist, and television presenter known at home for her appearances as a correspondent for The Today Show and Access Hollywood, and abroad for Lal Kostas co-hosting the Eurovision Song Contest 2006 in Athens, Greece.


Menounos, a Greek American, was born June 8, 1978in Medford, Massachusetts, and is fluent in the Greek language. At age 17, she was an employee of Dunkin' Donuts with aspirations to be something more. Menounos attended the Holy Trinity Greek Orthodox Church. In 1995, Menounos began to compete in beauty pageants. The following year, she won the title of Miss Massachusetts Teen USA and competed at Miss Teen USA where she failed to place in the top 10. Menounos did however place in the top 15, receiving an honorary mention, during the preliminary competition; Menounos placed 13th in preliminaries. The pageant was won by Christie Lee Woods. Maria would go on to compete for the title of Miss Massachusetts USA 2000; she placed as the 1st runner up.


Later Menounos attended Boston's Emerson College where she participated in the now award winning organization, Emerson Independent Video. During her senior year, she was hired as a reporter for Channel One News. Her work for Channel One's 10-minute segments included traveling to El Salvador to report on the earthquake of 2001 and interviewing President George W. Bush.
Entertainment Tonight hired Menounos as a correspondent in 2002, where she reported on movies, music and fashion. ET executives offered her a hosting gig for ET on MTV & VH1; she left the program in 2005 to focus on her acting career, though she would eventually join rival program Access Hollywood later that Fall as a special correspondent. She went on to co-host a few episodes of the Today Show in the late summer and fall of 2006 as well as in April 2007.
In 2003, Menounos appeared on the November 30 episode of Punk'd where she was one of many celebrities caught in the awkward and embarrassing "Red Carpet Interviews".
In the summer of 2005, she appeared in the comic book film Fantastic Four, where she played a nurse who is romanced by the "Human Torch", played by Chris Evans. Her likeness and voice was featured in the 2005 Electronic Arts video game, From Russia with Love as Eva Adara, Red Grant's henchwoman, which stars Sean Connery as James Bond. She is also the spokesperson for Pantene hair products.

Menounos signing autographs at the 2005 Toronto International Film Festival in Canada.
Menounos presented the 2006 Eurovision Song Contest (along with Greek singer Sakis Rouvas) that took place in Athens.
Menounos is a correspondent for The Today Show as well as Access Hollywood in an overall deal with NBC Universal to act in films and television shows. She also has recurring roles on CBS' Without a Trace and as Jules in the second season of The CW's One Tree Hill (during its run on The WB).
Menounos also appeared on the Scrubs episode "My Extra Mile", which aired in May 2006 where she is attracted to John Dorian because she likes his hair.
In 2006, Menounos appeared in the music video for "A Public Affair" by Jessica Simpson. In April 27, 2007, Maria starred in Kickin' It Old Skool. In 2007, Menounos continued in her run as international spokesperson doing print and television commercials for Pantene hair products as well as print ads for New York & Company.
On December 17 - December 20, 2007, Menounos hosted the reality game show miniseries Clash of the Choirs.
In 2008, she became the host of "Hollywood Green" on the "Planet Green" network. "Maria Menounos brings glamour to green living as the hostess of Hollywood Green. Both as the special correspondent for daily entertainment newsmagazine "Access Hollywood," and on Hollywood Green, Maria provides TV viewers with comprehensive coverage of entertainment and news personalities."
In 2008, she also had a very memorable role in the movie Tropic Thunder.
In 2008, she became the first journalist to interview the entire Obama family as a whole. She is represented by Creative Artists Agency.
In May 2008, played in the AVP Cuervo Gold Crown Huntington Beach Open, but was eliminated in the qualifying round. On July 13, 2008, Menounos starred in the celebrity softball game at Yankee Stadium in New York. more

Saturday, December 27, 2008

Who is Caryn Elaine Johnson?

Who is Caryn Elaine Johnson? The world knows her as Whoopi Goldberg she is an American actress, comedienne, and television host.

She is one of only thirteen persons who have won Academy, Emmy, Grammy, and Tony Awards. In 1990, she became the second African American female, after Hattie McDaniel, to win an Academy Award for acting for her performance in the film Ghost. She has also won two Golden Globe Awards and two Saturn Awards.


Goldberg was born November 13, 1955 Caryn Elaine Johnson in New York City and raised in Manhattan's Chelsea neighborhood, the daughter of Emma (née Harris), a nurse and teacher, and Robert James Johnson, a clergyman. Goldberg's mother was a "stern, strong, and wise woman" who raised her as a single mother after Goldberg's father had left the family. Her stage name was taken from whoopee cushion, which she initially used as her stage name; she stated that "If you get a little gassy, you've got to let it go. So people used to say to me, 'You're like a whoopee cushion.' And that's where the name came from." She chose the surname "Goldberg" after Jewish ancestors of hers who bore the surname, having said that "Goldberg's a part of my family somewhere." In 1991, she referred to herself as a "Jewish-Catholic girl from New York"; she has also stated that her mother is Jewish and referred to herself as a "Jewish-American Princess". A DNA test, broadcast in the 2006 PBS documentary African American Lives, traced most of her ancestry to the Papel and Bayote people of modern-day Guinea-Bissau. Her racial admixture test revealed her genetic makeup to be 92 percent sub-Saharan African and 8 percent European.

In an anecdote told by Nichelle Nichols in the documentary film Trekkies, a young Goldberg was watching Star Trek, and upon seeing Nichols' character Uhura, exclaimed, "Momma! There's a black lady on TV and she ain't no maid!" This spawned life-long fandom of Star Trek for Goldberg, who would eventually achieve a recurring guest-starring role in 1987's Star Trek: The Next Generation.


At age 18, during her marriage to 26-year-old Alvin Martin, Goldberg gave birth to their first and only child Alexandrea c.1973. After Goldberg's divorce from Martin, she moved to California and helped found the San Diego Repertory Company, where she used the stage name Whoopi Cushion. Before succeeding as an actress, she worked as a bank teller, a bricklayer, and a mortuary cosmetologist. Goldberg later went on to marry David Claessen, but they divorced after two years, in 1988. Whoopi later married Lyle Trachtenberg, but their marriage lasted only one year. In 2000, Whoopi broke up with her boyfriend of five years, Frank Langella.

Goldberg has three grandchildren through her daughter, Alexandrea Martin. The eldest, named Amarah Skye, born on November 13, 1989, shares Goldberg's birthday.

In 1993, Goldberg was briefly involved with Ted Danson, her co-star in Made in America. Danson was married at the time and caring for his wife, who had survived a stroke while giving birth in 1979. There was controversy following a comedy routine at a Friars' Club roast in which Danson performed in blackface. Goldberg wrote the script.

Goldberg was involved in controversy in the summer of 2004 when, at a fundraiser for John Kerry at Radio City Music Hall in New York, Goldberg made a sexual joke about President George W. Bush, by waving a bottle of wine, pointing toward her crotch and saying: "We should keep Bush where he belongs, and not in the White House." Slim-Fast, the biggest company in US health shake market, took exception to these comments made by Goldberg and dropped her from their current ad campaign.



Goldberg has received two Academy Award nominations, for The Color Purple and Ghost, winning for Ghost. She has received five Daytime Emmy nominations, winning one. She has received five (non-daytime) Emmy nominations. She has received three Golden Globe nominations, winning two. She won a Grammy Award in 1985 and a Tony Award as a producer of the Broadway musical Thoroughly Modern Millie. She has won three People's Choice Awards. In 1999, she received the Gay and Lesbian Alliance Against Defamation Vanguard Award for her continued work in supporting the gay and lesbian community. She has been nominated for five American Comedy Awards with two wins. In 2001, she won the prestigious Mark Twain Prize for American Humor at the Kennedy Center.
Goldberg is one of few to win an Oscar, a Grammy, a Tony, and an Emmy. She has starred in over 150 films, and during a period in the 1990s, Whoopi was the highest-paid actress of all time. Her humanitarian efforts include working for Comic Relief, recently reuniting with Billy Crystal and Robin Williams for the 20th Anniversary of Comic Relief.
In February 2002, Goldberg sent her Oscar statuette from Ghost to the Academy of Motion Picture Arts and Sciences to be cleaned and replated. During this time, the statuette was taken from its shipping container, and later retrieved by the shipping company, UPS. She is currently working on creating the Stanton Award, awarded to best comedic performance. more

Who is Kate "Katie" Noelle Holmes?


Who is Kate "Katie" Noelle Holmes ?is an American actress who first achieved fame for her role as Joey Potter on The WB television teen drama Dawson's Creek from 1998 to 2003. Her movie roles have ranged from art house films such as The Ice Storm to thrillers such as Abandon to blockbusters such as Batman Begins.

In early 2005, Holmes began a highly publicized relationship with actor Tom Cruise, which drew attention due to the sixteen-year age difference between the two. In June, two months after they first met, Holmes and Cruise were engaged. Their relationship made Holmes the subject of international media attention, much of it negative, including speculation the relationship was a publicity stunt to promote the couple's films. Holmes, who was raised a Roman Catholic, joined the Church of Scientology shortly after the couple began dating. On April 18, 2006, Holmes gave birth to their daughter, Suri. On November 18, 2006, she and Cruise were married in Italy.



Holmes was born December 18, 1978 in Toledo, Ohio, the youngest in a family of five children (four daughters, one son) of Kathleen A. Stothers, a homemaker and a philanthropist, and Martin Joseph Holmes, Sr. (born 1945), an attorney specializing in divorces. She lived in the Corey Woods section of Sylvania Township, Lucas County, in a brick 1862 Italianate-style home. Her siblings are Tamera (born c. 1968), Holly Ann (born c. 1970), Martin Joseph, Jr. (born 1970), who works as a lawyer in Ohio, and Nancy Kay (Blaylock), a teacher (born c. 1975).

Holmes, baptized a Roman Catholic, attended Christ the King Church and parochial schools in Toledo. Her high school was the all-female Notre Dame Academy, her mother's alma mater, where Katie was a 4.0 student. At St. John's Jesuit, a nearby all-male high school, she appeared in school musicals, playing a waiter in Hello, Dolly! and Lola in Damn Yankees. She scored 1310 out of 1600 on her SAT and was accepted to Columbia University (and attended for a summer session); her father wanted her to be a doctor. Holmes loved reading: "I never feel lonely in a bookstore", she said. A British writer profiling her in 2003 said "The way Holmes approached her unusual education was as American as apple pie: she went to cheerleading practice, got straight A grades, and made a pledge that she would remain a virgin until marriage." Holmes told her hometown paper The Blade that the three words best describing herself were "honest, determined, and imaginative."

At age fourteen she began classes at a modeling school in Toledo run by Margaret O'Brien, who took her to IMTA, the International Modeling and Talent Association Competition held in New York City in 1996. There she found an agent after performing a monologue from To Kill a Mockingbird. An audition tape was sent to the casting director for the 1997 film The Ice Storm, directed by Ang Lee. She was cast in the role of Libbets Casey, in the film which starred Kevin Kline and Sigourney Weaver. Ang Lee told The Blade, "Katie was cast because she had the perfect amount of innocence and worldliness that we needed for Libbets. I was really taken by her wide open eyes. She really is a beautiful girl but there is also a lot of intelligence there and it shows."


In January 1997, Holmes went to Los Angeles for pilot season, when producers cast and shoot new programs in the hopes of securing a spot on a network schedule. The Blade reported she was offered the lead in Buffy the Vampire Slayer but she turned it down. Columbia Tri-Star Television, producer of a new show created by screenwriter Kevin Williamson, asked her to come to Los Angeles to audition, but there was a conflict with her schedule. "I was doing my school play, Damn Yankees. And I was playing Lola. I even got to wear the feather boa. I thought, 'There is no way I'm not playing Lola to go audition for some network. I couldn't let my school down. We had already sold a lot of tickets. So I told Kevin and The WB, 'I'm sorry. I just can't meet with you this week. I've got other commitments.'"

The producers permitted her to audition on videotape. Holmes read for the part of Joey Potter, the tomboy best friend of the title character Dawson, on a videotape shot in her basement, her mother reading Dawson's lines. The Hollywood Reporter claimed the story of Holmes's audition "has become the stuff of legend" and "no one even thought that it was weird that one of the female leads would audition via Federal Express."

Holmes won the part. Paul Stupin, executive producer of the show, said his first reaction on seeing her audition tape was "That's Joey Potter!" Creator and executive producer Kevin Williamson said Holmes has a "unique combination of talent, beauty and skill that makes Hollywood come calling. But that's just the beginning. To meet her is to instantly fall under her spell." Williamson thought she had exactly the right look for Joey Potter. "She had those eyes, those eyes just stained with loneliness."


Weeks after her relationship with Chris Klein ended, Holmes began dating actor Tom Cruise. Their first public appearance together was on April 29, 2005, in Rome, Italy, at the David di Donatello Awards, the Italian equivalent of the Oscars. Her family expressed support, with her father stating, "We're very excited for Katie", and saying his daughter was "a very mature young lady with a good head on her shoulders. From all we have read and heard about [Cruise], he's a humanitarian and a real class act. From the perspective of a parent, we're very excited for both of them". Holmes's sister Tamara said, "They're both wonderful people."

On May 23, 2005, Cruise appeared on The Oprah Winfrey Show, jumping on Winfrey's couch and vociferously declaring his love for Holmes. He went backstage and pulled the embarrassed actress onto the program. Cruise proposed to Holmes in the early morning of June 17, 2005, atop Paris's Eiffel Tower; she accepted. At the press conference, attended by Holmes's mother, Cruise announced the news, declaring, "Today is a magnificent day for me. I'm engaged to a magnificent woman."

Back in Toledo, the news was greeted with skepticism. Even before Holmes' engagement, her hometown paper was already speculating about "what happens if our very own 'good ole Katie' morphs into 'Katie Holmes, the former actress now better known as Tom Cruise's third wife.'" Following the engagement, the Chicago Tribune sent a reporter to Toledo who found the citizens felt the biggest star from their city was not Holmes, but Jamie Farr, who played Corporal Maxwell Klinger on M*A*S*H. "I think he's bigger than Katie. He's so humble and he's so proud of his hometown—he name-drops it all the time. If it wasn't for Jamie, I don't think people would really know about Toledo", said a Toledo waitress. Others quoted by the newspaper were puzzled by her interest in Scientology. Farr subsequently wrote a letter to the newspaper declaring "I admire Katie Holmes. She is a wonderful, beautiful actress" and "I do not feel that Katie and I are in any form of competition in the city of Toledo."





On April 18, 2006, Holmes gave birth to a baby girl named Suri. It was said in the Vanity Fair article that Suri arrived exactly one year after Cruise and Holmes met, April 18, 2005. The Los Angeles Times summarized the written statement Cruise released on the birth as saying the name "is a word with origins in both Hebrew and Persian. In Hebrew, it means 'princess' and in Persian, 'red rose,' it was claimed in the release." Although some Hebrew linguists had never seen the word for "princess" spelled this way and its meaning, others said it was a Jewish, not Hebrew, derivation of "Sarah".

Until September 2006, Suri had not been seen in public, which led to tabloid stories questioning the existence of the child, contrasting Holmes and Cruise to other celebrity couples with newborns such as Angelina Jolie and Brad Pitt. Typical was the US Weekly cover story "BABY MYSTERY: Best friends' visits denied, baby photos cancelled, a wedding delayed, and Katie in seclusion."

The first photographs of the child appeared in the October 2006 issue of Vanity Fair, shot by Annie Leibovitz. In the accompanying story, Holmes said "we weren't trying to hide anything" and said she was bothered by the press coverage. "I do know what is being said in the press. This is my future. This is my family and I care so much about them. The stories are not okay. It eats away at me because it's just not okay." This issue of Vanity Fair became the publications second best selling issue of all time, selling more than 700,000 copies.

In an April 2006 interview with ABC News's Diane Sawyer, Cruise said he and Holmes were "just Scientologists" and that Suri would not be baptized Catholic.



On November 18, 2006, Holmes and Cruise were married at the 15th-century Odescalchi Castle in Bracciano, Italy, in a Scientology ceremony attended by many Hollywood stars. The actors' publicist said the couple had "officialized" their marriage in Los Angeles the day before the Italian ceremony.The day after the ceremony, the couple left for a honeymoon in the Maldives.


Who is Elizabeth Stamatina Fey


Who is Elizabeth Stamatina Fey? The world knows her as Tina Fey. She is an American writer, comedian, actress, and producer. She has won five Emmys, a Golden Globe, and a SAG Award. Fey is best known for her work on Mean Girls, Saturday Night Live (SNL), her impersonation of Alaskan Governor and 2008 Republican vice-presidential candidate Sarah Palin as well as her work on 30 Rock, a situation comedy loosely based on her experiences at Saturday Night Live.[1] On December 1, 2008, TV Guide reported that Fey was selected by Barbara Walters as one of America's top ten most fascinating people of 2008. Barbara Walters's special aired on ABC on December 4, 2008.


Fey became a writer on SNL in 1997. She was promoted to the position of head writer in 1999. She was added to the cast of SNL in 2000. After leaving SNL in 2006, Fey created her own television series called 30 Rock. In the series, she portrays Liz Lemon, the head writer of TGS with Tracy Jordan, a fictional sketch comedy series. In early 2008, she starred in the movie Baby Mama, alongside Amy Poehler.


Fey was born May 18, 1970 in Upper Darby, Pennsylvania, a suburb of Philadelphia, the daughter of Zenobia "Jeanne" (née Xenakes), a brokerage employee, and Donald Fey, a university grant proposal-writer.[ Fey's father is of German and Scottish ancestry and her mother of Greek ancestry.

Fey was exposed to comedy early. She recalls:

“ I remember my parents sneaking me in to see Young Frankenstein. We would also watch Saturday Night Live, or Monty Python, or old Marx Brothers movies. My dad would let us stay up late to watch The Honeymooners. We were not allowed to watch The Flintstones though: my dad hated it because it ripped off The Honeymooners.

I actually have a very low level of Flintstones knowledge for someone my age. ”

She also grew up watching SCTV and includes Catherine O'Hara among her role models.

Fey attended Cardington Elementary School and Beverly Hills Middle School in Upper Darby. By middle school, she knew she was interested in comedy, even doing an independent-study project on the subject in eighth grade. She graduated from Upper Darby High School in 1988.



Fey is married to Jeff Richmond, a composer on Saturday Night Live. They met at Chicago's Second City and dated for seven years before marrying in a Greek Orthodox ceremony on June 3, 2001. They have a daughter, Alice Zenobia Richmond, who was born on September 10, 2005, in New York City, where they reside.

Fey has a scar a few inches long on the left side of her chin and cheek. Responding to questions about its origin, Fey was quoted in the November 25, 2001, New York Times as saying: "It's a childhood injury that was kind of grim. And it kind of bums my parents out for me to talk about it". But in an interview with Fey and Richmond in the January 2009 issue of Vanity Fair, Richmond revealed the scar resulted from a slashing incident, which happened when she was five. Richmond said: "It was in, like, the front yard of her house, and somebody just came up, and she just thought somebody marked her with a pen." She has said she was reluctant to discuss the incident in part because "It's impossible to talk about it without somehow seemingly exploiting it."




After Fey graduated from the University of Virginia with a B.A. in drama in 1992, she moved to Chicago, Illinois in order to take night classes at The Second City Once her Second City training began, she immersed herself in the "cult of improvisation," becoming, as she described it a decade later, "one of those athletes trying to get into the Olympics. It was all about blind focus. I was so sure that I was doing exactly what I’d been put on this Earth to do, and I would have done anything to make it onto that stage. Not because of SNL, but because I wanted to devote my life to improv. I would have been perfectly happy to stay at Second City forever."

By 1994, she was invited to join the cast of The Second City, where she performed in the Jeff Award-winning revue Paradigm Lost. Improvisation became an important influence on her initial understanding of what it means to be an actress, as she noted in an interview for The Believer in November 2003:

“ When I started, improv had the biggest impact on my acting. I studied the usual acting methods at college—Stanislavsky and whatnot. But none of it really clicked for me. My problem with the traditional acting method was that I never understood what you were supposed to be thinking about when you’re onstage. But at Second City, I learned that your focus should be entirely on your partner. You take what they’re giving you and use it to build a scene. That opened it up for me. Suddenly it all made sense. It’s about your partner. Not what you’re going to say, not finding the perfect mannerisms or tics for your character, not what you’re going to eat later. Improv helped to distract me from my usual stage bullshit and put my focus somewhere else so that I could stop acting. I guess that’s what method acting is supposed to accomplish anyway. It distracts you so that your body and emotions can work freely. Improv is just a version of method acting that works for me. ”

While in Chicago, she also made what she later described as an "amateurish" attempt at stand-up comedy. Fey is also a veteran of The ImprovOlympic.



Governor of Alaska and former Republican vice presidential candidate Sarah Palin is considered by some people to have a striking resemblance to Tina Fey, and in the immediate aftermath of John McCain's announcement of Palin as his running mate, speculation rose as to whether Fey might portray Palin in sketches on SNL. On the 34th season premiere episode, aired September 13, 2008, Fey returned to SNL in the role of Palin, alongside Amy Poehler as Hillary Clinton. Their repartee included Clinton needling Palin about her "Tina Fey glasses." It quickly became NBC.com's most-watched viral video ever, with 5.7 million views by the following Wednesday. In an interview, SNL creator Lorne Michaels said "The whole world cast her in that role." Michaels said that she was unlikely to remain in the role for long. Palin's campaign said that Palin was amused, particularly because she had once dressed up as Tina Fey for Halloween, though Palin later said she had seen the sketch without hearing the audio. John McCain's top economic advisor Carly Fiorina called the sketch sexist. During the 2008 Emmy Awards, Fey said of the vice-presidential candidate, "I want to be done playing this lady November 5. So if anyone could help me be done playing this lady November 5, that would be good for me." In an interview with TV Guide, Fey reiterated her desire that her role as Palin will be temporary. "If she wins, I'm done," said Fey. "I can't do that for four years. And by 'I'm done,' I mean I'm leaving Earth."
On September 27, she reprised her role as Palin, parodying the CBS News interview with Katie Couric, who was played by Poehler. Portions of the sketch were direct quotes and gestures from interviews with Couric on September 24. On October 4, she played the role of Palin at the 2008 vice-presidential debate, with Jason Sudeikis playing Democratic Vice Presidential nominee Joe Biden and Queen Latifah as moderator Gwen Ifill. SNL executive producer Lorne Michaels, referring to the 50% audience increase in the 34th season, told the New York Times, “I think the gods smiled on us with the Palin thing.” On October 18, 2008, Fey came face-to-face with Palin herself, when impersonating the vice presidential candidate in a fake news conference on SNL. Later on Late Night with Conan O'Brien she told of how Palin actually offerred the services of her daughter Bristol to babysit her daughter Alice if she could not find one.
New York Times television critic Alessandra Stanley wrote that the McCain campaign apparently believes that Fey's comedy sketches have "undermined Palin's plausibility" as a candidate qualified to be Vice President, and Stanley speculated that the candidate's appearance on SNL was calculated to "disarm" Fey.
On the Thursday, October 23 episode of Saturday Night Live Weekend Update Thursday, Fey as Palin appeared alongside John McCain (played by Darrell Hammond), as President George W. Bush (played by Will Ferrell) gave his endorsement to the pair.
On Saturday, November 1, Fey appeared with Senator McCain himself in a skit that mocked the McCain campaign's lack of funds. The skit featured McCain and Fey on the set of QVC, just a few days after Barack Obama bought time on the major television networks. Items advertised during the skit included an "Ayers Freshener," which Fey thought would remind people of Bill Ayers, a set of McCain-brand pork knives, a set of 10 white "Town Hall Debate plates," commemorating the 10 town hall meetings that never happened, McCain "Fine Gold Jewelry" (alluding to the McCain-Feingold Act on Campaign Finance Reform) presented by Cindy McCain, as part of the Washington Outsider Jewelery Extravaganza, "Palin in 2012" t-shirts, and "limited-edition Joe Action Figures," including Joe the Plumber, Joe Six Pack, and a talking Joe Biden.[citation needed]
On November 5, 2008, Fey told reporters she was retiring her impersonation of Sarah Palin, in order to focus on 30 Rock.
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Thursday, December 25, 2008

Who is Keri Lynn Russell?


Who is Keri Lynn Russell? is a Jewish American[1] actress and dancer. After appearing in a number of made-for-television films and series during the mid-1990s, she came to fame for portraying the title role of Felicity Porter on the hit series Felicity, which ran from 1998 to 2002, and for which she won a Golden Globe Award. Russell has since appeared in several films, including We Were Soldiers, The Upside of Anger, Mission: Impossible III, Waitress, and August Rush.

Russell was born March 23, 1976 in Fountain Valley, California, the daughter of Stephanie (née Stephens), a homemaker, and David Russell, a Nissan Motors executive.[2] She has an older brother, Todd, and a younger sister, Julie. Russell grew up in Coppell, Texas, Mesa, Arizona and Highlands Ranch, Colorado, moving frequently because of her father's employment. Though she is known for her acting these days, she started out at Starstruck dance studio in a suburb of Denver, and it was her dancing, not her acting that earned her a spot on the Mickey Mouse Club subsequently starting her a career.
Russell first appeared on television as a cast member of the New Mickey Mouse Club variety show on the Disney Channel. She was on the show from 1991 to 1993 and co-starred with future pop stars Christina Aguilera, Britney Spears, JC Chasez, Justin Timberlake, and Ryan Gosling.[3] In 1992, she appeared in Honey, I Blew Up the Kid alongside Rick Moranis and in 1993 had a role on the sitcom Boy Meets World as Mr. Feeny's niece. Keri had an appearance on Married with Children as April Adams in - Radio Free Trumaine 1995 episode. Russell subsequently starred in several film and television roles, including the 1996 made-for-television film The Babysitter's Seduction. She also had a role on the short-lived soap opera series Malibu Shores the same year. In 1994, she appeared in Bon Jovi's music video "Always" with Jack Noseworthy and on Married… with Children. In 1997, she appeared in two episodes of Roar alongside Heath Ledger.


From 1998 to 2002, Russell starred as the title character on the successful WB Network series Felicity; she won a Golden Globe for the role in 1999. Russell's long and curly hair was one of her character's defining characteristics, and a drastic hairstyle change at the beginning of the show's second season was considered to be the cause of a significant drop in the show's television ratings.[4] As a result, new policies were enacted at the network requiring hairstyle changes by cast to be approved by the network's executives. Felicity 's ratings drop also coincided with the show's move to a Sunday night time slot, so it is unclear exactly how much effect the hairstyle change actually had. During the show's run, Russell appeared in the films Eight Days a Week, The Curve and Mad About Mambo, all of which received only limited releases in North America. Her next role was in the film We Were Soldiers, playing the wife of an American serviceman. The film was released in March 2002, two months before the end of Felicity's run.





In 2005, several reports claimed that Russell was set to adopt Scientology, after working with actor Tom Cruise, who is a Scientologist, on Mission: Impossible III. Russell's representative subsequently threatened to sue the reporter who first made the claim. Stories about the incident had noted that Russell is of Jewish heritage and religion; older reports, which had originally suggested her conversion to Scientology, had mentioned that she was once a member of the Mormon church.

When Felicity ended, Russell took a break from acting. She moved to New York City and took two years off to avoid the business of Hollywood, spending time with friends. Russell subsequently made her off-Broadway stage debut in 2004, appearing opposite Jeremy Piven, Andrew McCarthy, and Ashlie Atkinson in Neil LaBute's Fat Pig.[5] In 2005, she returned to television and film, beginning with an appearance in the Hallmark Hall of Fame television movie The Magic of Ordinary Days, theatrical film The Upside of Anger (alongside Kevin Costner, Joan Allen and Evan Rachel Wood), and the television miniseries Into the West.

Although a number of her Felicity co-stars went on to appear in producer J. J. Abrams' series, Alias, Russell declined invitations to be part of the show. In a seminar at the Museum of Television and Radio, Abrams said, "I've asked Keri if she would ever do it, and I usually get this, sort of like, giggle — and then she hangs up". In 2005, Abrams asked Russell to join the cast of Mission: Impossible III, a film he directed, and she accepted. The film was released on May 5, 2006. In the summer of 2006, Russell was chosen to be a celebrity spokeswoman for CoverGirl Cosmetics. Before she was in Mission Impossible: III she was screen tested for the role of Lois Lane in Superman Returns but lost the role to Kate Bosworth, with whom she is co-starring in The Girl in the Park.

She taped two episodes as a guest character on the NBC show Scrubs in 2007. She played Melody, a sorority sister and good friend of Elliot Reid (played by Sarah Chalke). The first episode aired on April 26, and the second on May 3. She starred in Waitress, a well-reviewed independent film in which she plays Jenna, a pregnant waitress in the American South; it was the fourth film in a row in which Russell had played a pregnant woman.[6] The film opened on May 4, 2007 and Russell's performance was positively received by critics,[7] with Michael Sragow of The Baltimore Sun writing that Russell's performance had "aesthetic character" and "welds tenderness and fierceness with quiet heat".[8] In the summer of 2007, Russell appeared in The Keri Kronicles, a reality show/sitcom sponsored by CoverGirl and airing on MySpace; the show was filmed at Russell's home in Manhattan and spotlighted her life.[7]

Russell next appeared in August Rush, a drama released in November 2007. She also appeared on the cover of the New York Post's Page Six magazine on November 11, 2007. She has completed roles in Butterfly: A Grimm Love Story (titled Rohtenburg for its German release), in which she plays Katie Armstrong, a graduate student who writes a thesis paper on an infamous cannibal murder case, and the thriller The Girl in the Park, opposite Sigourney Weaver, Kate Bosworth and Alessandro Nivola.

Russell recently appeared in Bedtime Stories with Adam Sandler playing the lead.[9] In an appearance on The View on December 15, 2008, Russell said she got the part because Sandler's wife Jackie had seen Russell in Waitress and suggested her for the movie.

Russell portrayed Wonder Woman in a direct-to-video animated feature released March 3, 2009.[10]

Russell has signed to star alongside Brendan Fraser and Harrison Ford in the Tom Vaughan-helmed untitled Crowley project for CBS Films. The drama, which starts lensing 6 April 2009, will be the first film to go into production for the new company. Russell will play Aileen Crowley, a mother who tries to build a normal home life for her sick children while her husband, John (Fraser), and an unconventional scientist (Ford) race against time to find a cure. Robert Nelson Jacobs (The Water Horse) penned the screenplay, which was inspired by a Wall Street Journal article and subsequent book, The Cure, by Geeta Anand. Michael Shamberg and Stacey Sher are producing alongside Carla Shamberg. Ford is an executive producer.[11]


In 2005, several reports claimed that Russell was set to adopt Scientology, after working with actor Tom Cruise, who is a Scientologist, on Mission: Impossible III. Russell's representative subsequently threatened to sue the reporter who first made the claim. Stories about the incident had noted that Russell is of Jewish heritage;[12][13] older reports, which had originally suggested her conversion to Scientology, had mentioned that she was once a member of the Mormon church.[14]

As of 2007, Russell resides in Brooklyn.[15][16]

Russell and Shane Deary, a carpenter she met through mutual friends,[6] became engaged in 2006 and were married on February 14, 2007 in New York.[17]

Russell gave birth to a boy, named River Russell Deary, on June 9, 2007 in New York.[18] Russell had a midwife-assisted hospital birth;[19] she has described her pregnancy experience as "real great and easy".[20]

She also dated Felicity co-star Scott Speedman during the show's run. She also dated her Mickey Mouse Club and Malibu Shores co-star Tony Lucca who accompanied her to the Golden Globe and Emmy awards in 1999.

She still remains friends with a handful of her Mickey Mouse Club costars, including Ilana Miller, who she took to the 1999 MTV Movie Awards, and Lindsey Alley, who she mentioned on the red carpet of the Oscar ceremony in 2008.

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Who is Megan Denise Fox ?


Who is Megan Denise Fox? She is an American actress and model. Fox's career in modeling and acting began with her winning several awards at the 1999 American Modeling and Talent Convention in Hilton Head Island, South Carolina. She began her acting career with the film Holiday in the Sun (2001), later appearing in the films Confessions of a Teenage Drama Queen, Crimes of Fashion, and the TV series The Help (all 2004). She is well known for her roles on the television series Hope & Faith (2004) and in the 2007 live-action film Transformers.

Fox has Irish, French and Native American ancestry. She was born May 16, 1986 in Oak Ridge, Tennessee to Macey Tonachio, former Roane County, Tennessee Tourism Direct and Frank Fox. She grew up in nearby Rockwood, Tennessee. She was born as Megan Denise Foxx, with two X's in the last name, but changed it once she entered show business. She has one older sister. Fox began her training in drama and dance at the age of five in Kingston, Tennessee. She attended a dance class at the community center there, and was involved in Kingston Elementary School's chorus and the Kingston Clippers swim team. At age ten, after moving to St. Petersburg, Florida, she continued her training. She attended Morningside Academy, a private Christian school in Port St. Lucie during her middle school years and finished her high school education at St Lucie West Centennial High School in Port St. Lucie.


By age sixteen, Fox's talent created new opportunities for her in the entertainment world. She began acting and modeling upon winning several awards at the 1999 American Modeling and Talent Convention in Hilton Head Island, South Carolina.]


Fox at Spike TV's 2007 Scream AwardsFox made her film debut in the 2001 film Holiday in the Sun as the spoiled heiress Brianna Wallace and rival of Alex Stewart (Ashley Olsen). She then landed guest appearances on Ocean Ave., What I Like About You, Two and a Half Men and The Help from 2003 to 2004. In 2004, Fox starred in Confessions of a Teenage Drama Queen alongside Lindsay Lohan. She was subsequently cast in her first recurring role in a television series on Hope & Faith, in which she portrayed Sydney Shanowski from 2004 through 2006.

Fox's big break arrived when she acquired the lead female role of Mikaela Banes in the 2007 live-action film Transformers, based on the toy and cartoon saga of the same name. She played the love interest of Shia LaBeouf's character Sam Witwicky. In June 2007, Fox was cast in How to Lose Friends & Alienate People, starring alongside Jeff Bridges, Simon Pegg and Kirsten Dunst. The character Fox portrayed is that of a young Hollywood starlet getting her first taste of fame. The film premiered in October 2008.

She is also signed on for two more Transormers sequels.

Fox has appeared in a five page spread for the November 2005 issue of the popular men's magazine FHM. She also posed for the March 2007 issue of FHM, the June 2007 issue of GQ, the July 2007 issue of Maxim, and the September 2007 issue of Arena. She was voted the Sexiest Woman in the World by FHM magazine in 2008, beating out Jessica Biel and Jessica Alba. Megan is also on the cover page for the Maxim October 2008 issue and the GQ October 2008 issue. Fox is represented by The Gersh Agency.

Fox will star opposite Amanda Seyfried and Adam Brody in Diablo Cody's second feature film titled Jennifer's Body, which is due to be released in 2009. She was cast in October 2007. While filming the sequel of Transformers, Michael Bay, the movie's director, ordered the actress to gain 10 lbs, stating that he "does not like skinny girls."




Fox has been outspoken in her self-identification as a bisexual. In a frank interview with GQ Magazine, Fox said that she fell in love with a female stripper when she was eighteen and used the experience to illustrate her belief that "...all humans are born with the ability to be attracted to both sexes."

Since 2004, Fox has been involved with actor Brian Austin Green of Beverly Hills, 90210 and Terminator: The Sarah Connor Chronicles fame. They had been engaged to be married, but later separated after Megan claimed to be too young for such a commitment.

Fox has seven tattoos, including a poem on her ribcage, a symbol for strength on her neck, Green's name on her hip, a bull's eye on her lower back, a pink flamingo on her upper thigh, and a picture of Marilyn Monroe's face on her right arm. She also has one on her right shoulder that says "We will all laugh at gilded butterflies," a line from Shakespeare's play King Lear. more

Wednesday, December 24, 2008

Who is Bernard Lawrence Madoff ?


Who is Bernard Lawrence Madoff? He is a businessman and former chairman of the NASDAQ stock market. He was born April 29, 1938. He started the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960 and was its chairman until December 11, 2008, when he was arrested and charged with securities fraud.

Bernard L. Madoff Investment Securities, which is in the process of liquidation, was one of the top market maker businesses on Wall Street, often functioning as a "third-market" provider that bypassed "specialist" firms and directly executed orders over-the-counter from retail brokers. The firm also encompassed an investment management and advisory division that is now the focus of the fraud investigation.

On December 11, 2008, Federal Bureau of Investigation agents arrested Madoff on a tip-off from his sons, Andrew and Mark, and charged him with one count of securities fraud. On the day prior to his arrest, Madoff told his senior executives at the firm that the management and advisory segment of the business was "basically, a giant Ponzi scheme." Five days after his arrest, Madoff's assets and those of the firm were frozen and a receiver was appointed to handle the case. Madoff's alleged fraud may be valued at a loss of up to a $50 billion in cash and securities.Banks from outside the U.S. have announced that they have potentially lost billions in U.S. dollars as a result. To date, it is the largest investor fraud ever attributed to a single individual.

Madoff was a prominent businessman and philanthropist. The freeze of his and his firm's assets significantly affected businesses around the world and a number of charities, some of which, including the Robert I. Lappin Charitable Foundation, the Picower Foundation, and the JEHT Foundation, have been forced to close as a consequence of the fraud.

Investors have questioned Madoff's statement that he alone is responsible for the large-scale operation, and investigators are looking for others involved in the scheme.

Madoff was born in the New York City borough of Queens to a Jewish family. He is married to Ruth Madoff and has two sons, Mark and Andrew. Madoff has owned an ocean-front residence in Montauk since 1981. His primary residence, valued at more than $5 million, is on Manhattan's Upper East Side. Madoff is listed as chairman of his Upper East Side building's co-op board. He also owns a home in France and a $9.3 million mansion in Palm Beach, Florida on the Intercoastal Waterway just north of Flagler Memorial Bridge. He is a member of the Palm Beach Country Club and owns a 55-foot (17 m) fishing boat named "Bull".



Madoff started his firm in 1960 with an initial investment of $5,000 that he said was earned from working as a lifeguard and installing sprinklers. At first, the firm made markets (quoted bid and ask prices) via the National Quotation Bureau's Pink Sheets. In order to compete with firms that were members of the New York Stock Exchange, the firm began to use information technology to disseminate its quotes. After a trial run, the technology the firm helped develop became the NASDAQ. According to sources involved in the government inquiry into Madoff, the fraud might have gone back to the 1970s.

He was active in the National Association of Securities Dealers (NASD), a self-regulatory organization for the U.S. securities industry. His firm was one of the five most active firms in the development of the NASDAQ, and he served as its chairman of the board of directors, and on its board of governors.

Madoff's firm was "the first prominent practitioner" of "paying for order flow", in other words paying a broker to execute a customer's order through Madoff, which has been called a "legal kickback".[28] Using this method, the firm became the largest dealer in NYSE-listed stocks in the U.S., trading about 15 percent of transaction volume in these stocks.

Madoff viewed the payments as a normal business practice: "If your girlfriend goes to buy stockings at a supermarket, the racks that display those stockings are usually paid for by the company that manufactured the stockings. Order flow is an issue that attracted a lot of attention but is grossly overrated." Academics have questioned the ethics of these payments. Madoff has argued that these payments did not alter the price that the customer received.

He brought several relatives into his business. His brother, Peter, was a senior managing director. Both of Madoff’s sons, Mark and Andrew, joined the team after finishing their education. Charles Weiner, Madoff’s nephew, also joined the firm, and Peter Madoff’s daughter, Shana, took a job with the company as a lawyer.

His sons Mark and Andrew were allegedly unaware of the imminent insolvency of Madoff Investment Securities. According to the authorities, the sons confronted their father, asking him how the firm could pay bonuses if it could not pay investors, prompting Madoff's admission that he was "finished", after which they reported him to the authorities. The FBI investigation shows no signs of implicating family members of fraud, with federal authorities saying his wife Ruth is not accused of wrongdoing.


Before his arrest Madoff's family was involved in philanthropic circles. When his nephew, Roger Madoff, died of leukemia in April 2006, paid death notices appeared in newspapers from a range of charitable organizations, including the Lower East Side Tenement Museum. Madoff donated approximately $6 million to lymphoma research after his son Andrew was diagnosed.

Madoff served as the Chairman of the Board of Directors of the Sy Syms School of Business at Yeshiva University, as well as Treasurer of its Board of Trustees. He resigned his position at Yeshiva University after his arrest. Madoff also serves on the Board of New York City Center, a member of New York City's Cultural Institutions Group (CIG).

Madoff undertook charity work for the Gift of Life Bone Marrow Foundation, and through The Madoff Family Foundation, a $19 million private foundation which he managed along with his wife, he donated money to hospitals and theaters. The foundation has also contributed to many Jewish educational, cultural, and health charities. The various organizations were mostly given charity funds backed by Madoff securities. Madoff was also a major contributor to the Democratic party.

In the wake of Madoff's arrest, the assets of the Madoff Family Foundation have been frozen by a federal court


This article may be too technical for a general audience. Please help improve this article by providing more context and better explanations of technical details, even for articles which are inherently technical.

Through the years, Madoff claimed his investment strategy consisted of purchasing blue-chip stocks and taking options contracts on them, although he may not have invested much at all.[39] In 1992, Madoff told The Wall Street Journal about his stock strategies: in the 1970s, he had placed invested funds in "convertible arbitrage positions in large-cap stocks, with promised investment returns of 18% to 20%."[39] Madoff said that beginning in 1982, he began using futures contracts on the stock index, and he said he was in index puts (a form of options contract) during the 1987 stock market crash.

Barron's Magazine reported in 2001[40] that a Madoff hedge fund document (a so-called "Offering Memorandum") described Madoff's strategy as follows: "Typically, a position will consist of the ownership of 30–35 S&P 100 stocks, most correlated to that index, the sale of out-of-the-money calls on the index and the purchase of out-of-the-money puts on the index. The sale of the calls is designed to increase the rate of return, while allowing upward movement of the stock portfolio to the strike price of the calls. The puts, funded in large part by the sale of the calls, limit the portfolio's downside."

This split-strike or collar trade involves three steps: 1) buying a stock at price X — say 100, 2) selling a call option with a strike price Y — say 120 — which is above X, and 3) purchasing a put option with a strike price Z — say 80 — which is below X. If the price of the stock is 125, which is above Y at expiration, the stock will be called away and the investor receives Y (120) for the stock. If the price is 70, which is below Z at expiration, the put can be exercised and Z (80) received in cash. This effectively caps the maximum gain (until the options expire) at the Y minus X (120 − 80 = 40), and the maximum loss at the X minus Z (100 − 80 = 20). The options transactions can generate positive or negative cash-flow depending on the cost of purchasing the put (say 3%), the premium received to write the call (say 4%) and dividends from the stock holdings (say 5%). To create an effective collar for a long-term stock holding, the option contracts should be rolled into contracts farther out prior to expiration.

Madoff's strategy as described in Barron's is not a perfect hedge since options are purchased/sold on an index which contains a much larger basket of stocks than the 30–35 purchased to hold. A few analysts performing due diligence on Madoff did raise alarms because they were unable to replicate the fund's past returns using historic price data for US stocks and options on the indexes. There is no credible evidence that Madoff actually made all the required trades dictated by this strategy. Barron's raised the possibility that Madoff's returns were not due to this strategy, but rather from front running the firm's brokerage clients.

Rival fund managers were unable to replicate the same returns, using the strategies from Madoff's quarterly reports


The New York Post reported that before his arrest Madoff "worked the so-called 'Jewish circuit' of well-heeled Jews he met at country clubs on Long Island and in Palm Beach." The New York Times reported that Madoff counted many prominent Jewish executives and organizations among those investing in his funds — Jeffrey Katzenberg, Eliot Spitzer, Yeshiva University, the Elie Wiesel Foundation, and charities set up by the publisher Mortimer Zuckerman and Hollywood film director Steven Spielberg. Among one of the most prominent Jewish promoters was J. Ezra Merkin, whose fund Ascot Partners steered $1.8 billion USD towards Madoff's firm.[46] A scheme like this that targets members of a particular religious or ethnic community is a type of affinity fraud.

Fairfield Greenwich Group, based in Greenwich, Connecticut, had a Fairfield Sentry fund which was one of several so-called feeder funds that gave foreign investors portals to Madoff. Fairfield, in turn, set up further feeder funds such as Lion Fairfield Capital Management in Singapore and Stellar US Absolute Return, all ultimately conduits to Madoff, having directed a total of $7 billion USD. The Wall Street Journal reported that "Several investors say Mr. Madoff's main go-between in Palm Beach was Robert Jaffe. Mr. Jaffe is the son-in-law of Carl Shapiro, the founder and former chairman of apparel company Kay Windsor Inc. and an early investor and close friend of Madoff. Jaffe, a philanthropist in Palm Beach, Florida, attracted many investors from the Palm Beach Country Club."

The large sovereign wealth fund Abu Dhabi Investment Authority also indirectly invested US$400 million with Madoff. Madoff also promoted in Asia, most recently targeting China, though by that time, he was advertising to anyone with money (contrary to his initial strategy, when he handpicked investors).

The Madoff sales force were well-dressed, multilingual sales representatives in the financial capitals of Europe. Madoff's fund was also considered exclusive, as he was initially giving the appearance of being very selective of which investors to take on.

Madoff had a very successful track record year after year. Moderately-high consistent returns were a key factor in the perpetuation of Madoff's fraud for decades; other Ponzi schemes paid out higher returns in the neighborhood of at least 20 percent. A hedge fund run by Madoff, which described its strategy as focused on shares in the Standard & Poor's 100-stock index, averaged a 10.5 percent annual return over the past 17 years. Through November 2008, amid a general market collapse, the fund reported that it was up 5.6 percent year to date, while the year-to-date total return on the S&P 500-stock index had been negative 38 percent. One investor who declined to be named said “The returns were just amazing and we trusted this guy for decades — if you wanted to take money out, you always got your check in a few days. That’s why we were all so stunned.”

The operation was conducted out of floors 17 to 19 of the Lipstick Building, with 18 and 19 used for administration and stock-trading. The core of the business, the hedging, took place on the 17th floor, which was occupied by no more than 24 employees.[48] Since funds controlling billions as Madoff did would usually require hundreds of employees for the administrative work involved, employees from other floors say that they always assumed Madoff had an office in another location in addition to the Manhattan headquarters.


The victims of the alleged fraud are considering how to best recover some of their investments. The use of the legal doctrine of fraudulent conveyance in bankruptcy proceedings might mean that investors who withdrew their money before the fraud was revealed, might be forced to return their profits or even part of their initial investments. Returning funds is uncontroversial for clients who may have known that the Madoff's business was fraudulent, but it is not so clear for clients who were not aware of Madoff's activities.]The current statute of limitations on cases involving fraudulent conveyance is six years, which means that clients who withdrew their money from Madoff's firm more than six years ago could not lose their withdrawals. But clients who withdrew their funds less than six years ago might have to return their withdrawals.

Investors may also have access to funds from the Securities Investor Protection Corporation (SIPC), which offers assistance to investors of failed brokerage firms. Investors may receive a maximum of $500,000, but only for cash or securities that are missing from their accounts. It could take several years before investigations into the scandal are concluded and investors are able to file claims. Victims may also file suit to have taxes already paid on "fictitious income" restored to them.



The Securities Investor Protection Corporation (SIPC) is liquidating Madoff’s brokerage, with Irving Picard acting as trustee. The SIPC provides up to $500,000 in insurance for missing money or securities in individual brokerage accounts, but does not protect against bad investments.

Stephen Harbeck, president of the SIPC, stated that the investment management department's financial records will take six months to sort out. “There are some assets, but I have no idea what the relationships of the assets available are to the claims against them. The records are utterly unreliable on this case.”

Although Madoff filed a report with the SEC in 2008 stating that his advisory business had only 11–25 clients and about $17.1 billion in assets, dozens of investors have reported losses, and the SEC reports a $50 billion fraud. According to Bloomberg, “in all, companies, individuals and foundations have disclosed about $24 billion of investments with Madoff.” Those affected include banks, Wall Street investors, charities, and individuals.

In December 2008, the Elie Wiesel Foundation for Humanity issued a press release on their website stating that nearly all of the foundation's assets (approximately $15.2 million USD) have been lost through Madoff's firm.


According to The Wall Street Journal the investors with the largest potential losses include:

Fairfield Greenwich Advisors, $7.50 billion
Tremont Capital Management, $3.30 billion
Banco Santander, $2.87 billion
Bank Medici, $2.10 billion
Ascot Partners, $1.80 billion
Access International Advisors, $1.40 billion
Fortis, $1.35 billion
Union Bancaire Privée, $1.00 billion
HSBC, $1.00 billion

The potential losses for these nine investors total $22.32 billion. Other investors, with potential losses between $100 million and $1 billion include Natixis SA, Carl J. Shapiro (a 95-year-old Boston philanthropist, and the individual who seems to have lost most, $500 million; see also above), Royal Bank of Scotland Group PLC, BNP Paribas, BBVA, Man Group PLC, Reichmuth & Co., Nomura Holdings, Aozora Bank, Maxam Capital Management, EIM SA, and AXA SA. The potential losses for these investors total $4.02 billion. Twenty-three investors with potential losses of $500,000 to $100 million were also listed, with total potential losses of $540 million. They included Bramdean Alternatives run by Nicola Horlick, for example. The grand total potential losses in the Wall Street Journal table is $26.9 billion.



On 23 December 2008, one of the founders of Access International, Rene-Thierry Magon de la Villehuchet, was found dead in his New York City office. Both of his wrists were slashed, in what appeared to be suicide.[83] Access International had invested $1.4 billion with Madoff's firm. De la Villehuchet had also invested his personal money with Madoff's business. De la Villehuchet came from a prominent French family and Access International had connections to wealthy and powerful aristocrats from Europe. [84] No suicide note was found at the scene. more

Who is Luigi "Geno" Auriemma?

W ho is  Luigi   " Geno "   Auriemma? The college basketball world recognizes him as the most successfull division 1  college bas...