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Archive for Sunday, November 5, 2006

People in the news

November 5, 2006

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McCartney seeks high road in British divorce publicity

London - Paul McCartney said Saturday he bears no grudge against his estranged second wife, despite acrimonious divorce proceedings that have seen lurid allegations about their marriage reported across the world.

The 64-year-old former Beatle said the breakup - seized on in Britain as the most high-profile split since Prince Charles and Princess Diana parted ways a decade ago - had left him saddened but determined to act with dignity.

"There are certain things in life that are personal, and I think a relationship with a partner is intensely personal and I prefer to keep it that way," McCartney told British Broadcasting Corp. radio in an interview broadcast Saturday.

McCartney and Heather Mills McCartney, 38, announced their separation in May and began divorce proceedings in July. They have a 3-year-old daughter, Beatrice.

Mills McCartney last month said she would take legal action against a number of British newspapers who published disparaging claims about her husband, alleged to have been contained in divorce court papers drawn up on her behalf.

Chelsea Clinton starts job with hedge fund agency

New York - Chelsea Clinton has started working for Avenue Capital Group, a hedge fund that manages about $12 billion in assets, the agency that represents Clinton confirmed Saturday.

New York-based Avenue Capital specializes in trading in distressed debt, or debt of companies that are nearing or have filed for bankruptcy.

Clinton, 26, had been working as a consultant for McKinsey & Co. since 2003, reportedly for a six-figure salary. McKinsey is an international consultant firm. She received a master's degree from Oxford University after graduating from Stanford University in 2001.

Federal records show Avenue Capital founders Marc Lasry and Sonia Gardner have donated thousands of dollars to Democratic lawmakers, including Clinton's mother, Sen. Hillary Rodham Clinton of New York, as well as to Democratic campaign committees.

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