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BREAKING NEWS

Potential NYT Director Scott Galloway a "Muffkateer"?

Oct. 27 2008, Published 7:07 a.m. ET

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Scott Galloway, the Firebrand Partners founder currently trying to leverage his 4.9 percent stake in the New York Times into a seat on the company's board of directors, isn't all business. We hear that Galloway, who also teaches classes at NYU's Stern School of Business, is a member of Carbon NYC, a $4,800-a-year, invite-only "virtual club" for Big Swinging Dicks founded in 2004. Carbon's 250-odd members enjoy such perks as sponsored cocktail parties, Texas Hold 'Em tournaments, and jaunts to the Hamptons to watch polo; they even get a discounted $99 helicopter shuttle service between Wall Street and Kennedy Airport. (Does anyone use car service these days?)

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We also hear that Galloway—who made his fortune in the '90s by founding and flipping gift-site Red Envelope—flew a Carbon flag outside his Watermill, Long Island, estate. According to a guest, an upstairs wall featured a shrine to his glory days as a UCLA frat boy (he graduated in '87). Among the more notable captions on the series of framed photos of Galloway partying with his ZBT bros: "The Muffkateers," "The Snatch-Bucklers," "The Vagilantes," and "The Trim Reapers."

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