LBN – Special Report – Tuesday, March 28, 2017

Madoff Investor Leaps to Death in NYC:

A hedge-fund executive who lost millions of dollars in BernieMadoff’s Ponzi scheme committed suicide on Monday when he jumped from the 24th floor of the Sofitel New York Hotel.Charles Murphy, 56, is now the fourth person connected to Madoff to commit suicide in the years following the scandal. French aristocrat Rene Thierry Magon De La Villehuchet was found dead in 2008 just after the scandal broke. His AIA Group lost $1.5 billion. Sixty-five-year-old former U.S. Army majorWilliam Foxton killed himself in 2009. In 2010, Madoff’s sonMark was found dead after he hanged himself in his New York apartment.

London Attacker’s Wife ‘Shocked’ by Violence:

The wife of the man who killed four people and injured dozens more outside British Parliament last week said Tuesday she was “saddened and shocked” by his actions. Fifty-two-year-old Khalid Masood drove his car over pedestrians on Westminster Bridge last Wednesday before stabbing an officer at the gates of Parliament. He was shot dead by police on the scene. His wife, Rohey Hydara, released a statement through the Metropolitan Police. “I am saddened and shocked by what Khalid has done. I totally condemn his actions,” she said. “I express my condolences to the families of the victims that have died, and wish a speedy recovery to all the injured. I would like to request privacy for our family, especially the children, at this difficult time.” On Monday, Masood’s mother, Janet Ajao, expressed a similar sentiment, noting that she has “shed many tears” for Masood’s victims.


LBN-BUSINESS INSIDER:   ***In a move that drew praise from President Trump, Ford Motor said on Tuesday that it would invest $1.2 billion in three Michigan facilities as part of a larger effort to increase the production of American-made trucks and sport utility vehicles. Ford, the second-largest domestic automaker, said the investments would support a manufacturing shift from small cars to pickups and S.U.V.s at one assembly plant, and add or preserve 130 jobs at an engine factory. The company informed the White House of the move Tuesday morning, prompting an immediate reaction from Mr. Trump. “Big announcement by Ford today,” he said on Twitter. “Major investment to be made in three Michigan plants. Car companies coming back to U.S.”

LBN-NOTICED:   ***Justin Bieber having lunch at Burger & Barrel in Soho in NYC.   ***Tamron Hall working out withMichelle Obama’s hairstylist Johnny Wright at the Fhitting Room’s Flatiron studio in NYC.   ***Nicki Minaj tipping back Champagne with 2 Chainz at LIV nightclub in Miami.   ***Malia Obama with pals at Tijuana Picnic on Essex Street in NYC, and seeing new show “Significant Other”.   ****Former “Real Housewife of NYC” Jules Wainstein with friends at Old Homestead Steakhouse in NYC as “Real Housewife of New Jersey” Caroline Manzo dined nearby.   ***Media expert and author, Michael Levine giving a lunch time speech to a packed room of the Rotary Club of Beverly Hills at the Beverly Hills Hotel yesterday afternoon.   ***“Grace and Frankie” stars Jane Fonda and Lily Tomlin were hanging together over the weekend in New York, seeing Broadway shows. Fonda — whom reported split from Richard Perry this year — took Tomlin as her date to “Dear Evan Hansen,” and the two went backstage afterward to meet the cast.   ****Sen.Chuck Schumer caused a scene at a Manhattan restaurant when he began yelling at a wealthy and well-connected Donald Trump supporter that the POTUS is “a liar.” Schumer, the top Senate Democrat, lost his cool on Sunday night at Upper East Side restaurant Sette Mezzo, according to witnesses. He was dining with friends when he encountered Joseph A. Califano Jr. — the former US secretary of health, education and welfare under President Jimmy Carter and domestic policy adviser to President Lyndon B. Johnson — and his wife, Hilary, who were having a quiet dinner.

LBN-VIDEO LINK: The Airlines Recommit To F*cking Your Sh*t Up This Holiday Season

LBN-COMMENTARY by Betsy Woodruff: Immigration and Customs Enforcement––the federal agency responsible for deportations––just got a little more powerful. In a surprise appearance at the White House press briefing, Attorney General Jeff Sessions announced that the Justice Department is taking steps to implement one of President Donald Trump’s core campaign promises by withholding some federal funds from so-called sanctuary cities. The move will push law enforcement officers in towns, counties and cities around the country to cooperate more with ICE, even if they think that cooperation could undercut their relationships with immigrant communities. “I strongly urge our nation’s states and cities and counties to consider carefully the harm they are doing to their citizens by refusing to enforce immigration laws and to rethink these policies,” Sessions said. “Such policies make their cities and states less safe. Public safety as well as national security are at stake.”

LBN-COMMENTARY by Nate Cohn: In the aftermath of the 2016 presidential election, many analysts suggested that HillaryClinton lost to Donald J. Trump because of poor Democratic turnout. Months later, it is clear that the turnout was only modestly better for Mr. Trump than expected. To the extent Democratic turnout was weak, it was mainly among black voters. Even there, the scale of Democratic weakness has been exaggerated. Instead, it’s clear that large numbers of white, working-class voters shifted from the Democrats to Mr. Trump. Over all, almost one in four of President Obama’s 2012 white working-class supporters defected from the Democrats in 2016, either supporting Mr. Trump or voting for a third-party candidate.

LBN-COMMENTARY by Becca Stanek: Americans’ abysmally bad diets also give vitamin companies some marketing ammunition. When the average American is eating just one or two servings of fruits and veggies a day (experts recommend as many as 10 servings of fruits and veggies a day for maximum benefits), a little boost of vitamins might seem like a good idea. But popping a pill isn’t going to make up for all those lost servings. “Food contains thousands of phyto-chemicals, fiber, and more that work together to promote good health that cannot be duplicated with a pill,” said nutritionist Karen Ansel. And if it’s those tasty gummy vitamins we’re falling back on, there’s an even better chance we’re not offsetting our sugar- and fat-laden diets. The women’s gummy multivitamins I was taking pack three grams of sugar per gummy. A serving size is two gummies. Even before breakfast, I was consuming six grams of sugar — almost a quarter of the American Heart Association’s recommended maximum sugar intake for women.

LBN-R.I.P.:   ***Noreen Fraser, a producer of television shows including “Entertainment Tonight,” ABC’s “Home Show,” and “The Richard Simmons Show” who devoted her life to raising money for cancer research, died on Monday in her Brentwood, California, home, surrounded by family, after a 16-year battle with stage IV metastatic breast cancer. She was 63.

LBN-COMMENTARY by David Brooks: The Republican Health Care bill failed because it was a bad bill that had almost no authentic public support. It took benefits away from tens of millions of vulnerable people in order to give tax breaks to the rich few. When Republicans turn to tax reform, they will start on much stronger ground. The Republican plans, at least in their broad conceptions, are built solidly on the two frameworks that have shaped recent tax reform discussions. The first is simplification, the idea that a cleaner tax code, with fewer loopholes and lower rates, would foster economic growth. The second is substitution, the idea that the overall rate of taxation is less important than what you tax. The current code taxes income heavily and barely taxes consumption. To increase dynamism and growth, we should substitute taxes on investment with taxes on spending. The first framework shaped the tax reform of 1986 and is locked in many people’s brains today. But my impression is that economists have come to see the second framework as more important.

LBN-COMMENTARY by ABIGAIL TUCKER: It seems as if there’s always some kind of feline holiday crouched around the corner, wriggling its bottom, ready to pounce. National Cat Day, National Feral Cat Day, National Hairball Awareness Day, Happy Mew Year — even the dog days of August are filled with feline jubilees.  celebration on Tuesday stands out from the pride, however, because it promises to deliver our cats what they most deserve, which is not a Meowjito. It’s Respect Your Cat Day, an opportunity to pay homage to that mysterious silken life form beside you, which can hear the height of sounds and has beaten the evolutionary odds to occupy your lap. Sadly, as cat lovers we don’t always fully grasp the formidable feline qualities we should be honoring. Respect Your Cat Day’s literature (mostly a news release put out by the folks at a website called National Today, who claim the source of the holiday dates back to an 1384 edict by Richard II of England forbidding the consumption of cats) highlights some impressive statistics about our “feline besties,” including the revelation from a survey that “64 percent of Americans” allegedly prefer their cat’s company to their significant other’s. (No comment, dear.)


LBN-OVERHEARD:   ***On the same day her wedding date with former heavyweight champ Alberto Del Rio was confirmed, embattled WWE star Paige opened up about the leaked sex tapes that threaten to derail her promising career. “I had days [where] I wanted to physically harm myself,” Paige, whose real name is Saraya-Jade Bevis, revealed in a Twitter post.   ***Shark Week is getting some serious star power this year. Discovery Communications President and CEO David Zaslav announced on Tuesday morning that Michael Phelps would have a role in the summer shark-themed programming on Discovery Channel.   ***The way to Scarlett Johansson‘s heart is through her stomach.When Howard Stern attempted to play matchmaker with the “Ghost in the Shell” star, 32, on Tuesday, she nixed his suggestions of potential suitors like Brad Pitt or Louis C.K. before revealing who she believes is the hottest man in the world — celebrity chef Gordon Ramsay. “Gordon Ramsay! Honestly, I’m like somebody who likes Gordon Ramsay,” she said, before adding, “or Anthony Bourdain!”   ***Bar Refaeli, who gave birth to her first child last summer, is pregnant again. The blond supermodel, 31, made the big announcement on Instagram early Tuesday with a selfie of her tiny bump.

LBN E-Lert Edited By Addison Beaulieu

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