LBN – Special Report – Monday

LEADERS ‘MUST QUIT’ OVER PANAMA PAPERS

Eleven million documents leaked from the Panamanian law firm Mossack Fonseca reveal how it has helped its high-power clients move money offshore and dodge taxes. The documents show connections to 72 current or former heads of state, including some dictators who are accused of looting their own countries. The company alleges that it has operated for 40 years without any wrongdoing. Among the linked leaders is Russian President Vladimir Putin, whose associates were suspected in a billion-dollar money-laundering scheme, the families and friends of former Egyptian President Hosni Mubarak, late Libyan leader Muammar Gaddafi, and Syrian President Bashar al-Assad. The documents also reveal Icelandic Prime Minister Sigmundur Gunnlaugsson’sundisclosed financial interests in the nation’s failed banks as well as millions of dollars in an offshore account; on Monday, Gunnlaugsson faced widespread calls to resign.

*THINK FREELY – READ LBN

*Mag: Trump Has Dirt on Fox News Boss

Presidential candidate Donald Trump has inside information that would badly damage Roger Ailes and Fox News, according to a New York magazine story. “When Roger was having problems, he didn’t call 97 people, he called me,” Trump said. Ailes allegedly fired his PR adviser, Brian Lewis, over a story in 2014. But when Lewis’s severance negotiations turned contentious, Lewis said that he had “bombs” that could destroy Fox News and Ailes. “I solved the problem,” Trump told New York reporter Gabriel Sherman. During the back-and-forth, Trump reportedly learned nearly everything Lewis planned to divulge. Sherman wrote, “If Ailes ever truly went to war against Trump, Trump would have the arsenal to launch a retaliatory strike.”

*LBN-BUSINESS INSIDER:   ***Alaska Air Group, the parent of Alaska Airlines, said on Monday that it had agreed to acquire Virgin America for $2.6 billion in cash. The deal would unite two domestic carriers that are among the 10 largest in the United States, but that operate in a tier below the industry giants, American Airlines, Delta Air Lines and United Airlines. It would also expand Alaska Airlines’ presence in the lucrative California market, particularly in San Francisco and in Los Angeles, one of Alaska Airlines’ hubs.   ***COO of Wynn Las Vegas Sean Christie has hired Alex Cordova, a nightlife executive from Hakkasan Group, to oversee their new club, Intrigue. The spot, which will cover 14,000 square feet and include an additional 1,200-square-foot private club that will act as a “social media free” zone, opens April 28.

*WHO READS LBN? Legendary song-writer Paul Simon

*LBN-INVESTIGATES: Regardless of the number of sexual partners a man or woman has been with, the more attractive a presumed new sexual partner is, the less likely a person is to take safe-sex precautions.

*LBN-NOTICED:   ***Drew Barrymore isn’t letting her divorce get her down. The actress stepped out for the Pebble Beach Food & Wine Festival in Carmel, Calif., on Saturday, one day after news of her divorce from  Will Kopelman made headlines.“She was all smiles and giving everyone hugs,” an attendee told People. “At the wine tasting table, Drew got behind the table and started pouring wine.”   ***Acclaimed L.A. piano player Alan Ascher having dinner last night at the M Street Café on Main Street in Santa Monica.   ***Tommy Mottola dining with hedge fund mogul Steve Cohen at Raos.   *** Robert De Niro and Harvey Keitel bumping into Sly Stallone while having breakfast at the Four Seasons in Palm Beach with the producers of “The Comedian” including Mark Canton, Lawrence Smith, Courtney Solomon and Mark Axelowitz.   ***Peter Dinklage, Chelsea Clinton, Emily Bluntand John Krasinski taking their kids to see “The Very Hungry Caterpillar Show,” at the 47th Street Theatre in NYC.   ***Fox News’ Maria Bartiromo having lunch at Da Silvano in NYC.   ***Cindy Crawford, hubby Rande Gerber, and their kids having dinner at the Matador Terrace at the Miami Edition.   ***Kelly Osbourne wore a simple black dress to Sunday night’s 2016 iHeartRadio Music Awards, but all eyes were on an unexpected accessory — her cane. Osbourne, 31, injured her foot over the holiday season and is still suffering some four months later.

*LBN-VIDEO LINK: Music video by Bob Dylan performing My Back Pages (From the 30th Anniversary Concert)   —  https://youtu.be/rGEIMCWob3U

*LBN-SPOTLIGHT: “The best day of your life is the one on which you decide your life is your own. No apologies or excuses. No one to lean on, rely on, or blame. The gift is yours – it is an amazing journey — and you alone are responsible for the quality of it. This is the day your life really begins.”www.TheExcelCommunity.com

*LBN-R.I.P.:   ***Adrienne Corri, an actress whose movie career lasted nearly five decades and encompassed a wide range of roles, but who was probably best known as the victim in an infamous rape scene in Stanley Kubrick’s “A Clockwork Orange,” died on March 13 at her home in London. She was 84. The cause was a massive coronary, her son, Patrick Filmer-Sankey, wrote in an email.   ***Eric Engberg, a former CBS News correspondent who hosted the “CBS Evening News” segment “Reality Check,” which was aimed at keeping politicians honest, died last Sunday at his home in Palmetto, Fla. He was 74. His son Jason said the cause had not been determined.

*LBN-COMMENTARY by Paul Krugman: Remember when Ted Cruz tried to take Donald Trump down by accusing him of having “New York values”? It didn’t work, of course, mainly because it addressed the wrong form of hatred. Mr. Cruz was trying to associate his rival with social liberalism — but among Republican voters distaste for, say, gay marriage runs a distant second to racial enmity, which the Trump campaign is catering to quite nicely, thank you. But there was another reason associating Mr. Trump with New York was ineffective: Old-fashioned anti-urban rants don’t fit with the realities of modern American urbanism. Time was when big cities could be portrayed as arenas of dystopian social collapse, of rampant crime and drug addiction. These days, however, we’re experiencing an urban renaissance. New York, in particular, has arguably never been a more desirable place to live – if you can afford it.

*LBN-A DIFFERENT VIEW:…

*LBN-OVERHEARD:   ***Reeling from losing both of his parents, “Dancing With the Stars” host Tom Bergeron is ready to leave “Dancing With the Stars,” sources  say. Tom’s mom, Kay, died at age 82 on March 4 — just four months after 81-year-old dad Ray died of cancer — leaving Tom, 60, shattered.

LBN E-Lert Edited By Marcelle Luna

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