LI man, ‘insider,’ arrested








Federal prosecutors charged a Long Island man with insider trading yesterday after he supposedly sold an advance earnings report to an undercover FBI agent for $7,000.

Damian Perna, 30, who works at Merrill Lynch, obtained draft earnings reports for several publicly traded firms before they were released, according to charges.

Perna, who lives in Oceanside, joined forces with unidentified cohorts and used the illegal information to make a series of trades from June 2011 through last October, said US Attorney Loretta Lynch.

Officials emphasized that Perna’s alleged misconduct took place before he worked at Merrill Lynch.





Loretta Lynch

Getty Images





Loretta Lynch





Perna pleaded not guilty at a hearing yesterday.

Prosecutors told the judge that Perna had advance reports for Consolidated Graphics, Miller Industries and the Alamo Group — each listed on the New York Stock Exchange.

Magistrate Judge Ramon Reyes released Perna on $100,000 bond.

mmaddux@nypost.com










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Would-be convention center developers make pitches to Miami Beach residents




















Developers on Wednesday presented Miami Beach residents with competing ideas for what the city’s Convention Center could look like after an overhaul.

It was the public’s first glimpse of what could become of the 52-acre site. Two heavy-hitting teams are competing for the project, which could cost up to $1 billion.

Both teams – Portman-CMC and South Beach ACE – stressed that the concepts presented Wednesday were only preliminary ideas.





Both teams’ proposals focus on creating lush greenscapes and ways to connect the enormous convention center with abutting neighborhoods – things that residents at a prior public meeting asked of the developers.

To do that, Portman-CMC, the team led by Portman Holdings, proposed several scenarios. In one, a diagonal plaza would grace the corner of the current convention center property, creating a string of parks to connect the center to the existing Miami Beach Botanical Garden and SoundScape Park.

The design focused on creating shade through both the buildings and landscaping, which is basically nonexistent now.

“This place is a black hole in terms of green, in terms of trees. We aim to change that," said Jamie Maslyn Larson, a Partner of West 8, the company partnering with Portman to landscape the project.

West 8 also worked on Miami Beach’s SoundScape Park, which features free outdoor movies and audio and video feeds of performances at the adjoining New World Symphony.

South Beach ACE, the team led by Tishman Hotel and Realty, proposed an underground parking area to hide idling trucks and buses – an issue that residents have complained about. Above the parking lot would be a rolling greenspace, and views of the now-ignored Collins Canal would be incorporated.

World-renowned architect Rem Koolhaas, part of the South Beach ACE team, called the current convention center a "serious problem" in the middle of the "idyllic" Miami Beach. His team’s design aims to correct that.

Tishman’s proposal also preserves the current Jackie Gleason Theater. Residents have debated whether the theater, which is not deemed historic, deserves to be preserved. The Tishman proposal would essentially remove a back wall of the theater to create a two-stage amphitheater.

Portman-CMC has not made a decision about whether the theater itself would stay, but spoke to preserving the legacy of Gleason himself. The team launched a website to get more resident feedback about its proposal: www.portmancmcmiamibeach.com.





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Broward commissioner withdraws pit bull ban proposal




















Pit bull lovers came out in force on Tuesday to oppose a county commissioner’s effort to get the breed banned in Broward County.

After hearing dozens make emotional pleas, County Commissioner Barbara Sharief agreed to withdraw her proposal for a ban and work with experts to help keep neighborhoods safe from all dangerous dogs.

Read the full story at Sun-Sentinel.com.








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Tina Fey and Amy Poehler Will Never Host the Oscars Together

To the dismay of William Shatner and fans around the world, Tina Fey recently revealed that she has no intention of ever emceeing the Academy Awards ceremony with or without her BFF, and Golden Globes co-host, Amy Poehler.

Pics: The 2013 Oscars!

When asked if she'd ever consider the gig, Fey told The Huffington Post that she wouldn't dare sign up for the task because the Oscars are far too much work.

"I just feel like that gig is so hard," she said, adding that her gender would make hosting duties extremely taxing.

Related: Stars React to Tina & Amy's Golden Globes Hosting Gig

Mused Fey, "The amount of months that would be spent trying on dresses alone ... no way."

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MTA ‘fare’ thee well








It’s the MTA’s most reliable service — constant fare hikes.

The transit agency will increase fares for the fourth time in five years this weekend, infuriating fed-up riders who are now searching for cheaper ways to get around town.

The hikes will send the cost of a monthly MetroCard to $112. At this time in 2008, the same card cost just $76.

That’s an incredible 47 percent increase in five years.

“I might invest in a bicycle,” said Steven Syrek, a 34-year old Ph.D. student who lives on the Upper West Side.

“After three months of not buying a MetroCard, I could afford a bike.”




He would, however, miss one subway benefit.

“I couldn’t read during my [two-wheel] commute,” he said.

Bean counters at the always-broke agency said they plan to hike fares every other year to make ends meet.

This year alone, said MTA officials, the agency needs the hikes to fill a $382 million budget gap.

Some straphangers said they’ll try to work from home to save on commuting costs.

“With the fare hike, I’ll try to avoid the subways as much as possible,” said Crown Heights, Brooklyn, resident Aliya Barnwell, 30, who rides the 4 train.

She’s even considering upgrading her current bicycle to a more rugged model to use during the winter.

“I’d rather make an investment than pay the MTA more,” she said.

The first wave of hikes kicks in on the Long Island Rail Road and Metro-North Friday, when fares will increase by up to 9.3 percent.

“I’m mad about it but what can I do?” said physical-therapy student Joanna Esteves, who travels from Mineola to Penn Station on the LIRR.

“I can’t stop going to school,” she said.

To compensate, she’s considering opting for a less expensive iPad data plan, which should save her about $20 a month.

Also, “I think I won’t be able to eat out as much,” she said.

Anyone with an unlimited-ride MetroCard purchased before Sunday must activate it by March 10 to obtain the full value.

The MTA will also hike fares in 2015 — bringing in another $500 million.

Officials say they desperately need the money to pay for fixed costs, like soaring pensions and employee-health care.

jennifer.fermino@nypost.com










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Coral Gables native Martin Zweig, Wall Street wiz, dies in Florida




















A decade before he foresaw the 1987 stock market crash, Coral Gables native Marty Zweig was already considered a Wall Street wizard.

Renown business journalist Dan Dorfman called him “the country’s hottest investment adviser” in 1981, his picture appeared on the cover of Money Magazine in 1982, and he was frequent guest on the PBS financial show Wall Street Week.

He wrote two best-selling books: Winning on Wall Street, in 1986, and Winning with New IRAs, in 1987.





On Oct. 19 that year, just as Zweig had predicted three days earlier on Wall Street Week, the market plummeted 23 percent.

Zweig, whose three-story Pierre Hotel penthouse is one of New York City’s most lavish residences, died Feb. 18 at another of his homes, on South Florida’s Fisher Island. He was 70. Zweig had been treated for cancer, and underwent a liver transplant in 2010 with tissue from his younger son.

Born Martin Edward Zweig on July 2, 1942, in Cleveland, he spent his formative years growing up in Coral Gables where he was known as Marty Gateman after his widowed mother remarried.

He attended Coral Gables Elementary and Ponce de Leon Junior High schools, was a Coral Gables High School varsity basketball player and track star — class of 1960 — and 2001 Cavalier’s school Hall of Famer.

Childhood friend Richard B. Bermont, a Miami financial adviser, remembered Zweig as a great poker player even in high school, “pretty much a jokester, and the ladies loved him.’’

He legally changed his last name back to Zweig when he was 21, after his mother and Dr. Gateman divorced, said former wife Mollie Friedman.

Zweig wrote that his interest in financial began when the 1948 Cleveland Indians were playing in the World Series.

“I was the kid who knew the most about the team and had a vague idea about what batting averages mean. I had begun to love numbers. Perhaps this was a tip-off that I’d later graduate to the market.’’

He earned a bachelor’s in economics from The Wharton School of the University of Pennsylvania in 1964, later an M.B.A. from the University of Miami and a doctorate in finance from Michigan State University.

In 1984, Zweig joined with stock picker Joe DiMenna, with whom he co-founded Zweig-DiMenna Partners, their first long/short hedge fund.

Zweig also created two closed-end funds traded on the New York Stock Exchange, according to his corporate biography: The Zweig Fund in 1986 and The Zweig Total Return Fund in 1988.

In his first book, he wrote: “When playing the market, remember you must deal with probabilities, employ sensible strategies to limit risk, and get aggressive only when conditions warrant.’’

He was as quirky in his private life as he was serious about investing. Stan Smith, a Fisher Island friend, said that last year, Zweig installed a “banana yellow’’ 1934 Packard convertible in his living room.

Zweig’s memorabilia collection includes the dress Marilyn Monroe wore to sing “Happy Birthday” to President John F. Kennedy in 1962, a pair of JFK’s silk pajamas, the suits The Beatles wore on the Ed Sullivan Show in 1964, Super Bowl rings, Heisman Trophies, Oscar statuettes and Gold Records; one of the Harley-Davidson Hydra-Glide motorcycles that actor Peter Fonda rode in the film “Easy Rider;” an outfit that Jimi Hendrix wore in concert; and the booking sheet from one of Al Capone’s arrests, and a letter written by baseball legend Mickey Mantle describing a sexual encounter at Yankee Stadium.





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Is this really the end of Cuba’s Castro brothers? Exiles say not so fast




















On the streets of Miami, the announcement of a possible end to the Castro brothers’ rule was met with uncharacteristic silence Monday — no clanging of pots and pans in Little Havana and Hialeah.

No loud pronouncements on Spanish-language radio, either, about the news that President Raúl Castro planned to retire in 2018 and had named an heir apparent.

“There’s like, a little burnout about this subject with us,” said Alex Fumero, 30, a co-creator, editor and contributor of the poetry group Hialeah Haikus.





But the emotions were as strong as ever for Cuban-born U.S. Rep. Ileana Ros-Lehtinen, who believes this is just another sinister ploy by the Castro brothers.

“The fact that this possible retirement won’t take effect for years is just another in a long line of false propaganda tactics used by the regime to trick the masses and international community,” said Ros-Lehtinen, whose political career has been dedicated to opposing Castro.

“U.S. law states that no Castro may be in power, so this may be a ploy by the Cuban regime to attempt to normalize relations prematurely with the U.S.,’’ she said.

Miami radio commentator Ninoska Perez Castellon said five more years of any Castro is a long time. "This is just more of the same, and a cruel joke on a people enduring a 54-year-old dictatorship," she said.

Many like the idea of an end to the Castros, but they say it should have happened years ago.

“They’re giving up power too late and five years is too long to wait for them to actually do it,” said Francisco “Pepe” Hernandez, president of the Cuban-American National Foundation, a group that has long lobbied in Washington against the Castros.

“‘They’ve already done so much harm to the Cuban people. And the nerve to think they can name a successor, as if Cuba was their personal farm. The successor they named better be careful; those guys sometimes just disappear,” he said.

Cuban-born Marta Olchyk, a Surfside commissioner, said she was “glad that Raúl Castro said he is leaving in five years” although it would have happened anyway because of his age, she said.

“Cuba is slowly but surely moving away from communism,” said Olchyk, who left the island in 1960. “So, this is not earth-shattering news.”

Battle-weary Jose Basulto met the news with a cynical laugh.

“I have to laugh because this is so disrespectful, such an insult,” said Basulto, who took part in the 1961 Bay of Pigs invasion and founded the Brothers to the Rescue, a group that helped rafters fleeing Cuba find their way to U.S. shores.

Juan Clark, a professor emeritus at Miami Dade College and Bay of Pigs veteran, does not believe Raúl Castro actually will leave on his own in five years.

“I think many people were eager to see the end of the system and unfortunately that hasn’t happened,’’ said Clark, who has studied the exile community for many years.

Some “historic exiles” who came to the United States in the early days of the revolution have sworn they will never return as long as a Castro is in power.

Others, mainly those who have arrived after the Mariel boatlift in 1980, still have family on the island and travel there to help fledgling family businesses and might not even consider themselves exiles, Clark said.

Cuban-Americans offered a variety of opinions through The Miami Herald’s Public Insight Network.

It was ho-hum news for some younger Cuban-Americans, known as the ABCs — American-born Cubans who learned to hate the Castros from older family members.

Lazaro Castillo of Orlando, who was born the year of the revolution, gave little credence to the announcement.

“Any change in the island has a meaning, and this particular change is another manipulation, and in order to maintain the dynasty,’’ he said.

Miramar resident Olga Perez-Cormier, an American-born Cuban, also felt it was no more than a ploy.

“I listen to this with my usual skepticism,’’ she said. “I wish both Castro brothers would hurry up and die, but apparently, it will never be that easy.”

Miami Herald staff writer Mimi Whitefield contributed to this report. It also includes comments from the Public Insight Network, an online community of people who have agreed to share their opinions with The Miami Herald. Sign up by going to MiamiHerald.com

/Insight.





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Bachelor Recap: Sean Lowe Invites Catherine, Lindsay and AshLee to the Fantasy Suite

Fresh from last week's hometown dates, Bachelor Sean Lowe whisks his remaining ladies off to the sunny shores of Thailand.

Lindsay is the first of the three to snag some time with the hunky Texan, and the pair uses the opportunity to experience the strange and wondrous delights of an open-air Thai marketplace. Determined to show she's adventurous, Lindsay accepts Sean's challenge to eat an array of bugs on a whim.

Pics-- Meet Sean Lowe's Lucky Ladies!

Proud of his date, Sean invites Lindsay for a romantic dinner and traditional Thai show where Lindsay finally musters the courage to drop the L word on him. Though he doesn't exactly return the same affections, Sean offers her a night in the fantasy suite for some one-on-one time which she accepts.

"You're the best friend that I've been looking for," he gushes to Lindsay, adding that she could definitely be the woman he pictures as his wife down the road.

AshLee is up next, and the twosome decides to hit the waves and explore a dark and dangerous looking cove. Despite her better judgment, a nervous AshLee takes the plunge and the daring decision pays off as they ultimately come face-to-face with a beautiful secluded beach.

After facing her fears, AshLee feels reinforced of her love for Sean who she reveals "literally healed my broken heart." Although both parties express a desire to spend the night in the fantasy suite, Sean wants to make it clear the time would be spent talking and getting to know eachother better rather than something untoward. AshLee eagerly accepts his invitation.

In the suite, AshLee lets it be known exactly which engagement ring she desires, should he propose to her.

Related-- 'The Bachelor' Scorecard: Did the Relationships Sizzle or Fizzle?

Catherine is the last of the three to join Sean for a date and they set sail across the crystal blue ocean, kissing and swimming during a thunderstorm. Sean asks if Catherine would ever move to Texas with him after the show ends and she says yes, adding that she takes their the commitment seriously enough to relocate from Seattle.

Back on the shore, the elephant in the room is the fantasy suite invitation. A bit terrified, Catherine explains that before she'd met him, she would never have entertained the thought of accepting the invite because of its improper implications, but now realizes that it's merely more time that they can spend together off camera which she wants very much. Sean feels the same way and the two spend the night together.

When it comes time for the final rose ceremony, the significance of this week's dates are not lost on Sean. Not too long ago, the now-Bachelor had his heart broken by Bachelorette Emily Maynard in Curacao just shy of the finale.

Sitting down with Chris Harrison, he tells the host that he is indeed "in love" with an undisclosed lady and, furthermore, believes he's ready to propose.

Related-- Sean Lowe Is Most Sincere 'Bachelor' Ever, Says Host Chris Harrison

The moment of truth arrives and Sean gifts Lindsay and Catherine with a stem. Without saying goodbye to the other ladies, a fuming AshLee storms out to the awaiting car with the Bachelor begging to be heard out. Sean apologizes but it doesn't seem enough for AshLee who bursts into tears on the ride home.

"I thought Sean was the one," she cried. "This wasn't a silly game to me."

Next Monday night on ABC, The Bachelor's jilted girls reunite for Women Tell All. In two weeks, the final two meet Sean's family before the big decision.

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Blade: I’ll be back








Legless Olympian Oscar Pistorius, possibly facing life in the slammer for killing his model girlfriend, told cops yesterday that he’ll soon be on the “run.”

The “Blade Runner” disclosed to South African authorities that he’ll resume training while he’s out on bail for the Valentine’s Day shooting of Reeva Steenkamp.

It was the first time Pistorius, 26, had to check in at a police precinct. The terms of his $113,000 bail package say he has to do so twice weekly.

“It’s his wish to continue to practice,” said James Smalberger, a Pretoria corrections official.



Pistorius’ spokeswoman, however, denied that the athlete wanted to resume racing on his world-famous prosthetic limbs.

“Absolutely not,” said Janine Hills.

“He is currently in mourning, and his focus is not on his sports.”










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David Samson: Miami Marlins saw trouble with ticket sales before Day One




















The Miami Marlins’ new ballpark was slow to draw fan interest even before a disastrous season led to a collapse in attendance so steep that the front office never contemplated it, team president David Samson said Monday.

“It didn’t occur to us... that the off-field results of last year could be what they were,’’ Samson said during a press conference at Marlins Park. “We didn’t even contemplate in a worst-case scenario that our revenues would be what they were.”

And while Samson said the biggest miscalculation was in just how poorly the Marlins would play, he said lukewarm support was noticeable well before the Marlins’ infamous mid-season dive.





Season-ticket buyers did not respond to the late 2011 signing of Jose Reyes and other star players, months before the ballpark’s debut. His marketing team had hoped to announce a string of sell-outs before the April 4 Opening Day, but even the Boston Red Sox didn’t bring enough demand to sell all 37,500 seats.

“We misread last year on and off the field,’’ Samson said. “We did not have the bump we expected after the winter meetings [when the Marlins signed Reyes, Mark Buehrle and Heath Bell]. That got us worried. Not panicked, but worried.”

His comments danced around a central question looming over the opening of Marlins Park at the site of the old Orange Bowl football stadium in Little Havana.

Can Miami sustain a Major League Baseball team? Samson said he wasn’t trying to suggest the city couldn’t, noting “fans are always right.”

“I’m not going to say Miami is not a sports town,’’ he said. “Or that there is something wrong with the fans. I would never say that.”

Samson’s comments to reporters was the sideshow to owner Jeffrey Loria defending the Marlins’ stripping the team’s payroll of Reyes and other expensive players — a move he said was needed after the players failed to deliver in 2012.

Loria’s press conference came a day after he published a full-page letter to fans in local newspapers defending the move and the controversial deal that had Miami-Dade borrow nearly $400 million for the stadium’s construction.

Facing heavy fan backlash and the prospect of a season even worse than the one that brought “tens of millions of dollars” in losses last year, Loria hopes Miami will see his new young team as one worthy of support.

“We needed to fix the chemistry, we needed to fix the core of the team,’’ Loria said. “We didn’t draw more people [to the stadium] because the team was losing.”

So far, season-ticket sales are about half what they were a year ago, and the team isn’t sure it can sell out Opening Day on April 8. And the Marlins are facing revived ire over the 2009 stadium deal as the Miami Dolphins pursue their own tax-funded renovation for Sun Life.

Dolphins executives have promised a funding arrangement far more palatable than what the Marlins offered, and Loria on Monday called the Dolphins’ effort a “smear campaign’’ for its implicit slam against his arrangement with Miami-Dade.

A referendum on the Dolphins’ proposal probably will come in May, meaning the debate over tax-funded stadium projects will heat up just as the Marlins try to recover from the worst debut season among all ballparks built since 2001.

In his comments, Samson offered new details on the weak ticket sales, and said the collapse in revenue left the team no choice but to cut payroll.

The season’s announced attendance of 2.1 million was still far better than what the team drew when playing in Sun Life, and put the team at No. 18 in the 30-team league in terms of attendance. But Samson said the internal numbers of actual paid attendance were much worse. He put the so-called “turnstile” attendance for the season at 1.4 million. That’s roughly 17,000 people per game — or not even half of the stadium.

In its worst-case scenarios for the 2012 season, Samson said the team’s forecasts only contemplated for a turnstile attendance of 2 million.

Samson said an early sign of trouble was when June match-ups with the Red Sox didn’t deliver at the box office.

“We were very, very worried when the Red Sox games didn’t sell out,’’ he said. As the team turned in a strong performance in May — only the second month in the ballpark -- ticket sales weren’t delivering.

“Our fans I thought would see win after win. Our advanced sales didn’t move,’’ Samson said. “I don’t know the reason. I really don’t.”

He also declined to predict a sell-out for Opening Day – a lack of confidence for only the second year of the stadium’s existence.

“Fans are reticent and upset,’’ Samson said of the fury over dumping the star players. “I am so sorry about that.”





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