The week's winners and losers








WINNERS

DAVID EINHORN

Hedgie seeking to return some of Apple’s $137 billion to investors wins big court ruling.

MICHAEL CORBAT

Citibank CEO rakes in $11.5M pay package. Not bad for 4 months’ work.

LARRY PAGE

More good news for Google CEO: Analysts project $1K share price.

LOSERS

JAMIE DIMON

JPM CEO/chairman fights move to split the 2 jobs in wake of London Whale mess.

CHARLIE ERGEN

Dish Network boss has disappointing Q4; shares plunge earthward nearly 7 percent for the week.

QUEEN ELIZABETH

Moody’s sees sun setting on the empire’s finances, downgrades UK a notch to Aa1.











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Restaurant royalty and SoBe style




















For Miami restaurateurs, this is Showtime.

With dozens of top toques — Bobby Flay, Todd English, Daniel Boloud and Masaharu Morimoto among the list — in town for the South Beach Wine & Food Festival, the pressure is on everywhere, from Michy’s to the new Catch Miami. The goal: Show everyone from around the country that Miami’s food scene has arrived on the national stage.

Chef Michelle Bernstein’s staff whipped up dishes designed to impress guests at Michy’s — like foie gras, oxtail and apple tarte tatin — while she juggled menus for multiple events. Bernstein kept her cellphone handy to make sure any chef friends could get a table, even though her namesake restaurant was sold out.





As always, Joe’s Stone Crab was a must-do stop for many, including Paula Deen and New York restaurateur Danny Meyer. Aussie Chef Curtis Stone attracted a string of admirers as he ate his way around town, with stops at Prime 112, Pubbelly Sushi and Puerto Sagua. Khong River House and Yardbird Southern Table & Bar hosted Meyer, The Food Network’s Anne Burrell and Chef Anita Lo.

Michael’s Genuine was another hot spot.

“This is kind of our coming out party for Khong and it’s our chance to knock it out of the park and wow people,” said John Kunkel, owner of Khong and Yardbird.

Prime 112 owner Myles Chefetz admits he’s a fanatic about checking plates when they come back from a chef’s table. And he’s always on the lookout for the table ordering 20 different items, because that’s usually a restaurateur doing research.

“If you have Jean-Gorges or Bobby Flay eating at your restaurant, you want to make sure he has a great experience,” Chefetz said. “You want to put your best foot forward because you know you’re going to get scrutinized.”

The Food Network South Beach Wine & Food Festival is not just a forum for impressing the culinary elite. It’s among the top three tourist draws for Miami restaurants and hotels. In its 12th year, the festival draws more than 60,000 people to Miami Beach for a weekend of decadence, featuring more than 50 events spread over four days.

It is neck and neck with two of the area’s other most prominent weekends: Art Basel and Presidents’ Day (which coincides with the Miami International Boat Show).

There’s the immediate economic impact, of course, but the festival has made its mark in other ways: helping transform Miami’s food scene from a cultural wasteland to one of the country’s hot spots, one where top chefs all want to set up shop.

“Twelve years ago I don’t know if you could even name five really good restaurants. Now, you can’t think of where you want to eat because there are so many good restaurants,” said Lee Brian Schrager, festival founder and vice president of communications for Southern Wine & Spirits, its host. “What the festival can take credit for is introducing the culinary world to the great talent down here, and really highlighting South Florida as a great dining destination.”

There has been plenty of indulgence to go around. Flay finally broke his losing streak and took home top honors at the Burger Bash with his award-winning crunchified green chili burger. At the Q, barbecue lovers had their choice of Al Roker’s lamb ribs with baked beans or Geoffrey Zakarian’s smoked tagarashi crusted tuna, among other offerings.





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Miami police union challenges officer’s firing for fatal shooting




















The Fraternal Order of Police filed a lawsuit against the city of Miami on Friday, asserting that an officer who fatally shot an unarmed motorist in 2011 was improperly fired from the police department.

Officer Reynaldo Goyos shot and killed Travis McNeil as he sat in a car at a Little Haiti intersection. It was one of a string of seven deadly shootings of black men in the inner city by Miami police officers in 2010 and 2011.

Goyos was cleared of criminal wrongdoing by prosecutors in 2012. But he was terminated last month after the department’s Firearms Review Board concluded that the shooting was unjustified.





The police union lawsuit claims that the board violated state open-government laws by failing to open its meetings to the public.

Goyos “was improperly terminated by the city of Miami Police Department by a review board that violates the law,” union President Javier Ortiz wrote in a statement.

The lawsuit contends that Goyos should be reinstated.

City Attorney Julie O. Bru declined to discuss the specifics of the case. “We reviewed the allegations, and the city maintains that the board has operated consistent with the requirements of law,” she said.





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Diogo Morgado as Jesus in 'The Bible'

Producer Mark Burnett and his wife Roma Downey are bringing The Bible to television with an epic, 10-hour, five-part miniseries, and ET's Nancy O'Dell is with the man who portrays Jesus, Diogo Morgado, and the actor who embodies St. Peter, Darwin Shaw.

Pics: Adorable Tots: Celebs and Their Cute Kids!

"Jesus is definitely the most complete and complex figure of mankind; he's just someone who belongs to millions and billions of families all around the world," says Portuguese star Morgado, a religious man himself. "Just [given] the chance [to play him], I'm like, 'Okay, I'm going to try to just give an example of my Jesus.'"

Premiering Sunday, March 3 at 8 p.m. on History, The Bible brings to life some of the more well-known tales from the ancient tome from Genesis through Revelation, including David and Goliath, Noah's Ark, the Exodus, Daniel in the Lion's Den and the crucifixion/resurrection of Jesus. Shot in Morocco, the series is narrated by Emmy winner Keith David with a musical score by Oscar winner Hans Zimmer, also stars Downey as Mother Mary and includes Paul Brightwell, Greg Hicks, Sebastian Knapp, Amber Rose Revah, Greg Hicks and Simon Kunz.

Related: First Look at Russell Crowe as 'Noah' 

Watch the video for the actors' take on tackling such iconic figures – and see the amusing moment after Nancy sneezes in front of Morgado!

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Suisse M&A big cheese








Swiss financial giant Credit Suisse and relative newcomer LionTree Advisors are putting up some surprisingly strong numbers early in Wall Street’s investment banking leagues.

LionTree, run by former UBS rainmaker Aryeh Bourkoff, is ranked seventh on the coveted merger and acquisition rankings in the US, with some $18.2 billion in transactions, including Liberty Global’s $23 billion bid to acquire Virgin Media, according to Thomson Reuters.

The investment boutique is in its first year of operation, after Bourkoff hung out his own shingle in July.




By comparison, Bourkoff’s former firm, UBS, which has been slashing staff in droves, ranks 18th in the overall M&A tables through Feb. 22.

Meanwhile, leading the technology “league tables” is Credit Suisse, which has bagged some choice deals, including advising private-equity firm Silver Lake on its bid to purchase PC-maker Dell.

This time last year, Credit Suisse was an also-ran, languishing at No. 25 in US tech M&A, according to Thomson Reuters.

Insiders, however, say that the bank’s telecom media and technology unit, led by David Wah and Mark Simonian, has made some key hires, pushing the bank into the upper echelon.

Credit Suisse, anticipating that the tech space would be a big driver for M&A activity, hired tech banker Chris Gaertner away from Bank of America less than a year ago.

The Swiss bank also relocated a key member of its M&A team, Anthony Armstrong, closer to Silicon Valley so the firm can rub elbows with brainy tech CEOs.

One major factor benefiting all banks is a decidedly more upbeat economic outlook shared by corporate bosses, which has driven a recent deal-making resurgence.

To be sure, it’s too early to declare any winners.

A smaller firm like LionTree is likely to lose ground to perennial leaders JPMorgan Chase and Goldman Sachs.

mark.decambre@nypost.com










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Ian Schrager joins forces with chef Jean-Georges Vongerichten for new Edition Hotel




















Two of the best-known names in their respective fields — hotelier Ian Schrager and chef Jean-Georges Vongerichten — have teamed up for the Edition Hotel in Miami Beach, they told The Miami Herald Friday.

The partnership had not previously been officially announced, but the two were set to host a cocktail party Friday night at the site of the old Seville Beach hotel, 2901 Collins Ave.

On Friday at the sales pavilion for the Residences at the Miami Beach Edition, the duo chatted nonstop as they examined an elaborate model of the hotel and grounds.





“We just have a good time together,” Vongerichten said. “He’s excited, I’m excited.”

Vongerichten pointed out a lower-level area on the model building that he described as a grab-and-go food court with a deli, bakery, hot kitchen and raw bar. Schrager referred to it as an “updated Wolfie’s,” referring to the deli eight blocks south on Collins Avenue that closed in 2002.

“It’s not just for the people at the hotel, it’s for everybody,” said Schrager, whose launch of the Delano in 1995 helped bring new life to South Beach.

Plans at the Edition also call for a beach eatery and upscale-but-modern restaurant that Vongerichten said would be “chic and glamorous” and focused on local ingredients. He referred to that restaurant as the Matador Room, a nod to the hotel’s previous life.

Vongerichten said Schrager approached him about the project nearly six months ago; they have worked together since he opened the Pump Room restaurant at Schrager’s Public Chicago in late 2011.

Vongerichten is also behind the lauded J&G Grill at the St. Regis Bal Harbour, which opened in January 2012, but the Edition will be his first foray into Miami Beach.

“You always have to wait for the right project,” Vongerichten said.

A partnership between Schrager and Marriott International, the Edition brand includes one hotel in Istanbul. A site in London is set to debut in August, followed by Miami Beach in early 2014, possibly late in the first quarter. Other locations in New York and Bangkok are scheduled to come online in 2015.

Already years in the making, the Miami Beach project has been closely watched since Marriott bought the property in July 2010. Now, construction at the massive site is well underway, with cranes towering over the gutted existing buildings and a new tower. The finished product will include a hotel with about 250 rooms as well as 26 residences, nearly half of which are already sold. The property also features an ice skating rink, a bowling alley and historic outdoor details including a sundial and diving board.

“It’s a little bit like a bamboo shoot that sits there for 100 years, then all of a sudden it shoots up 50 feet in weeks,” Schrager said. “It’s coming to life.”





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Bill to ban smoking on some public land advances




















Cities and counties could bar smokers from beaches, parks, and other publicly owned outdoor areas under a proposal that passed an early Florida Senate test Thursday, despite concerns from restaurateurs.

By unanimous vote, the Senate Regulated Industries Committee approved the measure (SB 258), which expands the state’s clear indoor air restrictions to more outdoor venues.

Voters approved the Florida Indoor Clean Air Act a decade ago.





The proposal would allow local governments to create smoke-free areas on publicly owned land as long as smoking sections are also available.

A similar bill stalled last year after concerns over smoking on sidewalks.

The current version of the bill prohibits smoking only on sidewalks in public parks, on public beaches, or in recreations areas while continuing to allow smoking on regular street-side sidewalks.

The bill would also allow cities and counties to extend smoke-free zones from public buildings to 75 feet from the entrance, or the same distance from a ventilation system or windows.

Law-enforcement officials would be required to first alert violators of the no-smoking restrictions and ask them to leave before they can issue a citation.

“Nobody wants to put anyone in jail for doing these things but it does send a signal,” said Sen. John Thrasher, R-St. Augustine.

“This state wants to be smoke free, eventually. . . . This is just one incremental step toward getting there.”

Rep. Bill Hager, R-Delray Beach, filed a House version of the bill this week.

In December, Sarasota County Judge Maryann Boehm ruled that Sarasota’s ordinance banning smoking in public parks was unenforceable, arguing that regulating smoking was a task left to the Legislature.

Thursday’s vote came after representatives of the state’s restaurant industry expressed concerns about the potential of unintended consequences but said they hoped to work with the sponsors to work out problems as the bills progress.

“When the smoking ban was passed, many businesses spent hundreds of millions of dollars to reconfigure their properties to accommodate both the new law and our customers,” said Richard Turner, of the Florida Restaurant and Lodging Association.

“At the moment, we are concerned that some of these ordinances could impact the investments that have been made.”

Some panelists also expressed concerns, saying they want assurances that beaches and public parks will not be totally off limits to smokers.

“The beach belongs to everybody,” said Rep Audrey Gibson, D-Jacksonville. “And people are different.”





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2013 Oscar Preps

The Academy Awards are just three days away, and we're behind the scenes with celebrity Chef Wolfgang Puck and other taste makers to see just how the pros are preparing for Hollywood's biggest night, from the delicious food to the Green Room "oasis," décor and more. Roll out the Oscar red carpet!

Pics: 2013 Oscar Presenters

CLICK HERE to see this year's Official Governors Ball Menu.

In addition to Sunday's Oscar preps, lots of people are talking about their Oscar faves on social media. According to Facebook, mentions of "Oscars" are more than three times higher than last year. Could that be because Seth MacFarlane is hosting this year, appealing to a younger demographic? Or perhaps the Best Picture nominees category is more interesting this year, as Facebook says that talk related to those movies is 20 times higher than last year.

In terms of fan base, Les Misérables is tops with 1.2 million "likes," while Django Unchained has 723 thousand likes and Life of Pi places third with 531 thousand likes. When it comes to general chatter, however, Django is getting the most mentions on Facebook even though Les Mis is the most-liked, and Argo and Lincoln are also much talked-about Oscar movies.

Video: Tops & Flops: The Best & Worst of the Oscars

Stay tuned to ET for complete coverage of the 85th Annual Academy Awards, held this Sunday, February 24 in Hollywood, live on ABC.

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Closing in on catsup culprits








The Securities and Exchange Commission was informed that a trader who conducted allegedly suspicious transactions of Heinz was a “private wealth client” of Goldman Sachs, according to court documents.

Goldman Sachs informed the SEC that it does not have “direct access” to information about the owner of the account, which is based in Zurich, according to filings.

SEC Senior Counsel Megan Bergstrom said that “the account holder is a private wealth client of Zurich.” She went on: “Goldman informed me that it does not have direct access to information about the beneficial owner of owners behind any particular transaction or position in the GS account.”











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National Hotel nears end of long renovation




















A panel of frosted glass puts everything in perspective for Delphine Dray as she oversees a years-long, multi-million dollar renovation project at the National Hotel on Miami Beach.

“Chez Claude and Simone,” says the piece of glass stationed between the lobby and restaurant, a reference to Dray’s parents, who bought the hotel in 2007.

“Every time I am exhausted and I pass that glass, I remember why,” said Delphine Dray, who joined her father — a billionaire hotel developer and well-known art collector in France — to restore the hotel after the purchase.





After working with him for years, she is finishing the project alone. Claude Dray, 76, was killed in his Paris home in October of 2011, a shooting that remains under investigation.

In a recent interview and tour of the hotel’s renovations, which are nearly finished, Dray did not discuss her father’s death, which drew extensive media coverage in Europe. But she spoke about the evolution of the father-daughter working relationship, the family’s Art Deco obsession and the inspiration for the hotel’s new old-fashioned touches.

The National is hosting a cocktail party Friday night to give attendees a peek at the progress.

Dray grew up in a home surrounded by Art Deco detail; her parents constantly brought home finds from the flea market. By 2006, they had amassed a fortune in art and furniture, which they sold for $75 million at a Paris auction in 2006.

That sale funded the purchase of the National Hotel at 1677 Collins Ave., which the Drays discovered during a visit to Miami Beach.

After having lunch at the Delano next door, Dray said, “My dad came inside the hotel and fell in love.” The owner was not interested in selling, but Claude Dray persisted, closing the deal in early 2007. Her family also owns the Hôtel de Paris in Saint-Tropez, which reopened Thursday after a complete overhaul overseen by Dray’s mother and older sister.

Delphine Dray said she thought it would be exciting to work on the 1939 hotel with her father, so she moved with her family to South Florida. She quickly discovered challenges, including stringent historic preservation rules and frequent disagreements with her father.

“We did not have at all the same vision,” she said.

For example, she said: “I was preparing mojitos for the Winter Music Conference.” Her father, on the other hand, famously once unplugged a speaker during a party at the hotel because the loud music was disturbing his work.

“We were fighting because that is the way it is supposed to be,” she said. “Now, I understand that he was totally right.”

She described a vision, now her own, of a classic, cozy property that brings guests back to the 1940s.

Joined by her 10-year-old twin girls, Pearl and Swan, and 13-year-old son Chad, Dray pointed out a new telephone meant to look antique mounted on the wall near the elevators on a guest floor. She showed off the entertainment units she designed to resemble furniture that her parents collected. And she highlighted Art Deco flourishes around doorknobs and handles.

“It’s very important for us to have the details,” she said.

With those priorities in mind, she is overseeing the final phase of the renovation, an investment that general manager Jacques Roy said will top $10 million. In addition to the small details, the renovation includes heavier, less obvious work: new drywall in guest rooms, for example, and new windows to replace leaky ones.

Painting of the building’s exterior should be finished in the next two to three weeks, Roy said. Dray compared its earlier unfinished state to resembling “a horror movie — the family Addams.”

And the final couple of guest room floors, as well as the restoration of the original Martini Room, should be done by the end of April.

“At the end, I will be very proud,” Dray said.

The National’s renovation wraps up as nearby properties such as the SLS Hotel South Beach and Gale South Beach & Regent Hotel have been given new life. Jeff Lehman, general manager of The Betsy Hotel and chair of the Miami Beach Visitor and Convention Authority, said the National has always been true to its roots. He managed the hotel for 10 years, including for a few months after Dray bought the property.

“I think historic preservation and the restoration of the hotels as they were built 70, 80 years ago is such a huge piece of our DNA,” he said. “It’s a lot of what sets us apart from any other destination on the planet.”





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