Tuesday, December 07, 2021

Sponsors

WSJ: Former Westport Dry-Cleaning Worker Target of Hospital Bill Collector

Quinton White worked in Westport for many years in a dry-cleaning shop. Now retired and living in Bridgeport, the 77-year-old is a central figure in a Wall Street Journal story of how U.S. hospitals use aggressive collection tactics.

According to the Journal, White owes Yale-New Haven Hospital $40,000 for treatment his wife, Jeanette, received 20 years ago.

Jeanette White died in 1993, but it says, her debt lives on, growing like her cancer because of the 10 percent interest charged on her original $18,740 bill.

The Journal says White worked as a spotter, or stain remover, for the dry-cleaning shop in Westport and notes, The occasional movie star would wander in, he recalls, including Westport’s most famous resident, Paul Newman, whom he laughingly describes as that short, blue-eyed guy.’

Fortune: Westport is Hedge Fund Central, Home of a “Wall Street Monster”

Westport is portrayed as ground zero for hedge funds in the latest (March 31) issue of Fortune magazine.

It paints a word picture for readers this way: Across a quiet, snowy field, through the trees and over the fence, lurks a Wall Street monster. The locale is Westport, Conn., about a mile inland from Long Island Sound across I-95.

The beast within those stark walls is Pequot Capital, a superpowerful $7 billion hedge fund that along with a dozen or so other mega-hedge funds many sprinkled among towns nearby ֖ is rocking mainstream Wall Street to its core.

Here in Fairfield County, the richest county in the richest state in the richest country in the world, vast fortunes are being created, and rules of finance are being rewritten.

For Westporters who have never heard of Pequot Capital and dont know where it is, it’s in the Nyala Farm office complex off of Greens Farms Road and I-95. (It also has offices in New York City and Menlo Park, Calif.)

Employee-owned, Pequot Capital offers funds that focus on technology, health care services, and small-cap firms to institutional investors and wealthy individuals.

But don’t look in Fortune for much more about Pequot. After breathlessly introducing readers to Westport and Pequot Capital at the beginning of its story, Fortune makes no mention of either Pequot or Westport again—except in a sidebar story listing fund principals and their locales.

As they say in the newspaper biz, Westport makes good copy.

In the Papers: Greenwich Disses Westport

Newspaper stories that caught my eye:

Greenwich Time Greenwich doesn֒t think much of Westport distributing potassium iodide pills in the event of a nuclear event at Indian Point, nor of calling for a shutdown of the Westchester County facility as others have done.

Hartford Courant: If smallpox were to break out in Connecticut, there would be troops surrounding vaccination centers and the states borders would be sealed. A chilling scenario by reporter William Hathaway.

Hartford Courant: One town in Connecticut considers giving up its town meeting form of government but it would be tough in the ғLand of Steady Habits.

Danbury News-Times—Connecticut libraries are in a quandry over the Patriot Act; the question is how much privacy could shelter terrorists. Some libraries may ask users to sign up for computers using numbers, not names, and post warnings that e-mails are not secure.

Greenwich Time—Greenwich moves ahead with a redistricting plan for its Representative Town Meeting, but unlike Westport, is not aiming to do it on basis of population—something the town’s Republican registrar of voters says can get them sued.

Caught in the Headlights: A Deer Outside Martha Stewart’s House

As I drove by Martha Stewarts house tonight, there was a shadowy figure next to her stone wall along Turkey Hill Road South.

As I got closer, my headlights picked up a deer carefully eyeing me as I went by. There was no sign of Ms. Stewart.

Nevertheless, Ms. Stewart has been metaphorically caught in the media headlights for months now ever since the insider trading scandal emerged over her sale of shares of ImClone.

And now it’s about to get worse, thanks to NBC and Cybill Shepherd.

NBC is rushing to finish shooting of a made-for-television movie about Ms. Stewart, starring Ms. Shepherd. The Stewart Westport home plays a central role in the scenes being shot in a studio in Halifax, Nova Scotia.

A story on the MSNBC site says, The care taken in casting extends to nearly every other aspect of the production, especially the decoration for the set of Stewart’s famed Turkey Hill estate in Westport, Conn.

Many fans know the interior of her home as well as they know their own. So the set decorator spent an estimated $100,000 renting and buying antiques to fill the rooms.

The details range from the green Jadeite dinnerware in the cupboards of Stewarts television kitchen to an inexpensive replica of a $40,000 high-back double Queen Anne chair from the 1700s.

Not being as familiar as some with the intricacies of either her kitchen or her home (I was there once for a garden party tour sponsored by the Westport Historical Society), Im not sure whether NBC is duplicating Turkey Hill Road South or her made-for-television kitchen at her studio on Newtown Turnpike just over the town line in Norwalk.

In any case, it will be interesting to see if they attempt to duplicate any Westport exteriors in Nova Scotia as well.

If nothing else, the movie will remind millions of viewers that Westport is still StewartҒs home despite her now infamous New York Times Sunday Magazine article almost three years ago headlined ֓Martha Stewart Leaving.

The NBC project, set for May screening, is based on the biography Martha, Inc. by New York Post business columnist Christopher Byron, who lives in Weston.

Did You Run into Paul Newman at Westport’s McDonald’s?

To hear Tom Indoe, tell it, he and Paul Newman spent a lot of time checking out the salads at Westport’s McDonald’s on Post Road East before launching their latest venture this week.

Indoe is chief operating officer of Newman’s Westport-based Newman’s Own food company and made his remarks in an interview with cable news channel CNBC.

Newman’s Own and McDonald’s on Monday announced an exclusive agreement in which Newman’s Own all-natural salad dressings will be served with McDonald’s new Premium Salads in restaurants nationwide starting March 24.

Asked by the interviewer whether Newman or his company had any hesitation linking up with the fast-food retailer, Indoe said any concerns they had went away after repeated samplings of salads at the Westport McDonald’s.

Details of the alliance are available on the Newman’s Own site.

Background on Indoe and his extensive experience in the food industry (RJR Nabisco and Del Monte) can be found in an interview he gave several years ago to the online marketing journal Reveries.com.

It includes such tidbits as the fact that when he arrived at the company, it had no budget, and that Newman had a plaque in his office that read, “If we ever have a plan we’re screwed.”

Q: Id Like to Speak to the Deputy Chief A: Which One?

The Westport Police Department has quietly realigned its ranks. With longtime Chief William Chiarenzelli temporarily sidelined for health reasons, the town has promoted three captains to the rank of deputy chief.

Getting the additional stripes: Don Brown, Al Fiore and David Heinmiller. All are veterans of the department and all are highly regarded law enforcement professionals.

Each will be acting chief on a rotating basis until Chiarenzelli’s return.

Brown is service commander in charge of the detective bureau and records division.

Fiore is support commander in charge of public safety and railroad parking.

Heinmiller is the line commander in charge of patrol units as well as director of the Emergency Medical Service unit.

All are seen as possible successors to the top job some day. The department has not had a deputy chief since John Anastasia retired 14 years ago.

Ganim and Giordano: The Westport Connection

The trials involving indicted mayors of two Connecticut cities Joseph Ganim of Bridgeport and (now former mayor) Philip Giordano of Waterbury ֖ both have Westport connections.

Ganim, now awaiting his fate on federal corruption charges in a New Haven court, made several trips to Westport where some of the activities under investigation occurred, jurors heard.

He dined at the Bridge Caf, where he discussed business deals, and he shopped at Mitchells, where he subsequently demanded cash refunds for several purchases.

Giordano is facing federal charges in a Bridgeport federal court that he arranged sexual meetings by telephone with two girls, ages 9 and 10 at the time, and violated their civil rights.

The Giordano Westport connection involves key players in the courtroom drama.

Giordano’s attorney, Andrew B. Bowman, has his office in Westport (but lives in Fairfield.) And U.S. Senior District Judge Alan H. Nevas is a longtime Westporter who once served as chair of the towns Board of Finance.

Waterbury’s Republican-American newspaper last week did a Westport-datelined profile of Bowman. It described him as the kind of attorney who is as good at researching the law as presenting his case to a jury.

Nevas, who maintains a low profile as a federal judge, is a native of Stamford who practiced law in Westport for many years before becoming a state legislator in 1970.

President Ronald Regan named him U.S. Attorney for Connecticut in 1981 and appointed him a U.S. District Judge in 1985.

One Westporter’s Protest

Wally Meyer plays Santa at Stew Leonard’s during the holiday season. He doesn’t need a lot of makeup and prep because he is a Santa lookalike anyway.

But don’t let the jovial demeanor fool you. Deep down he is a man of strong convictions and resolve.

Wally, who serves on the Representative Town Meeting (RTM) with me, says he has come up with his own personal plan to protest any U.S. attack on Iraq.

He’s submitted a letter to the Westport News for publication and asked friends to pass it along. So here it is:

“When the bombs fall on Bagdhad I shall be in mourning.

“As a combat veteran of Korea, I feel my country has lost its way. Once a beacon of hope for the world, we now have become the symbol of reckless power.

“Once we were the leader of nations striving for peace. Now we stand alone. We accept no advice or counsel from others. We are embarking on a pre-emptive war with little support from our longstanding allies.

“They know that pre-emptive wars are addictive. They fear that pre-emptive war will be to our liking and that we shall act that way again and again.

“When the bombing begins I shall be wearing a black armband to show my grief for the path my country has taken. Please join me and show the sorrow that so many of us feel.

“Wally Meyer
“Westport, CT”

Agree or disagree, you’ve got to admire him for taking a stance.

Commentary: Evacuation Plan for Westport? Difficult at Best

By Gordon Joseloff

According to The Hour, word from Wednesday’s Board of Selectmen meeting is that before the board can vote on any resolution regarding Westchester’s Indian Point nuclear facility, it wants to focus on evacuation plans.

Lets see, with about 26,000 resident Westporters, and thousands more or less who might be in town or passing through on any given day, that would mean almost 400 school buses to carry people out of town.

Or a little more than 100 of your average Boeing 727 passenger jets. How about getting the state to put in an extended runway at Sherwood Island only to be used in times of emergency? Or there’s always our fleet of powerboats and yachts based at local marinas.

Difficult at best, if not impossible. Any child over the age of 3 knows about traffic jams on I-95 or the Merritt. All it takes is one jackknifed tractor-trailer or even a minor fender bender to back things up for hours.

But lets take this one step further. Let’s suppose they devise a plan to have Westporters congregate at school parking lots, Compo Beach, or Sherwood Island, to board buses to somewhere.

Imagine the confusion and clogging of local roads just to get to the assigned evacuation points.

And how many Westporters will say forget about heading to an evacuation point and just point the SUV or Beamer out of here, only to quickly get bogged down in traffic?

The professionals say a more likely event is something called shelter-in-place. This is where the much-derided duct tape and plastic sheeting comes into use.

There are a number of Web resources that go into detail about what this entails and how to be prepared.

While politicians can debate endlessly about various contingencies, the likelihood is that you will be the best protector for yourself and family. Maybe stocking up on duct tape isnt such a bad idea after all.

Little-Known Westport Facts: Courvoisier, Beefeater and Kahula Call Us Home

So if someone asks you what do Courvoisier, Beefeater and Kahlua have to do with Westport, you can now give them the right answer.

These brands, and others, are marketed by Westport-based Allied Domecq Spirits North America, part of Britains Allied Domecq PLC, which also owns Dunkin’ Donuts and Baskin Robbins.

Update: (In an earlier version of this I had it “Baskin and Robbins,” but Wally Woods gently pointed out I had it wrong. Thanks, Wally.)

Westporter Tom Wilen is the units president. They’re headquartered at 355 Riverside Ave.

Allied Domecq Spirits is on the newswires today for its support of an effort by The Century Council, a Washington, DC-based non-profit funded by Americas leading distillers, to curb the misuse of alcohol on college campuses. The group is headed by former Rep. Susan Molinari.

The group launched Alcohol 101 Plus, an interactive CD-ROM program that it says turns the CD into a virtual campus, that includes a Virtual Bar, an interactive game titled b4udrink, and a Virtual Brain which shows the effect of alcohol on the brain.”

Wilen is quoted as saying: As marketers of beverage alcohol, we have an obligation and commitment to market and sell our products responsibly. Alcohol 101 Plus is one step in that direction.