Results tagged “scarsdale”

A former Bear Stearns banker is suing his former firm and its new owners, JP Morgan Chase, for a bonus he feels is owed to him despite the firm's collapse last year. Now that the storm has settled over bonuses going out to employees of failed Wall Street giants, Gary Reback is suing for $2 million in bonus money and in additional $1.1 million for a severance offer he says was inexplicably pulled off the table in the eleventh hour. The Scarsdale man was one of the top twenty highest paid employees at Bear in 2007, when he earned a bonus of $4 million. His lawyer told the Post, "Gary had nothing to do with losses. He traded different products completely outside the subprime-mortgage mess. They offered him a severance and now they're reneging—it's shocking, bad faith behavior."

The Scarsdale mother who was arrested after abandoning her two daughters, ages 10 and 12, on a sidewalk three miles from their home last month will not be charged with child endangerment, a White Plains judge decided today. Speaking to the press for the first time outside the court house, Madlyn Primoff said, "Clearly I made a mistake, but I truly love our children and I know that I am a good parent." Primoff was pilloried by mothers as far away as Australia after the infamous incident, but today her lawyer explained that she did not intend to leave her children to walk home. Fed up with their bickering, she had merely ejected them from the car as a bluff while she drove around the block. But when she returned, they were gone! She soon found the 12-year-old, but the distraught younger girl had been taken in by a Good Samaritan, who alerted police. Prosecutor Audrey Stone said Primoff was "engaged in family therapy" and posed no threat to her children, so Judge Eric Press agreed to dismiss the case and seal it in six months if Primoff behaves.

Moms as far afield as Australia are tut-tutting over the Park Avenue lawyer who left her 10-year-old daughter left behind on a White Plains sidewalk as punishment for misbehaving with her 12-year-old sister. Details are still scant on what exactly sent Madlyn Primoff into such a rage, but you can bet she had no idea she'd become, overnight, an instantly-recognizable symbol for bad parenting. The Post has been all over her—nicknaming her the "Mother Chucker" and photographing her outside her office—and warped right-wing columnist Andrea Peyser, mother of a ten-year-old girl herself, naturally admits "to harboring some secret admiration for Madlyn, The Mother Who Means It." Meanwhile, the beleaguered Times blames the usual suspects—the all-consuming Internet and Twitter—for blowing the story out of proportion; "Our Towns" columnist Peter Applebome sees the roots of Primoff's new-found notoriety in "the right combination of demography and the omnivorous, viral quality of the online news beast." Whether you're starting to feel sorry for Primoff or still think she's a self-centered, modern-day Medea, one thing's for sure; Scarsdale soccer practice is going to be just a little awkward for her this weekend.

A Westchester County home nearly finished with construction was destroyed by a gas explosion this afternoon. Construction workers had smelled gas--perhaps after dislodging or cutting a gas line--and called the fire department.

Is a big May wedding just around the corner? People is reporting that Beyoncé Knowles and Jay-Z have taken out a marriage license in Scarsdale, New York this morning. The happy couple hasn't commented on the incident, but since the document is only valid for 60 days, time will tell.