• Todd Morley, founding partner of the asset management firm Guggenheim Capital and the Duchess of York's former business adviser, has put his two apartments on the 10th and 11th floors of 563 Park Avenue on the market. A longtime resident of the building, Morley bought the 11th floor co-op from Spamalot producer Arielle Tepper for $3.45 million in 2006 but never combined the apartments. He now has both places on the market together for $7.999 million. [Cityfile, Rutenberg Realty]
• Iris Cantor, the philanthropist and widow of Cantor Fitzgerald founder Bernie Cantor, has sold off her penthouse at 110 Central Park South. The four-bedroom apartment, which Cantor bought for $15 million in 2006, was listed for $11.9 million when it went into contract in August. It sold for just $10.5 million to wine importer Leonardo LoCascio. [Cityfile]
• Former Xerox CEO Anne Mulcahy has paid $7.4 million for a three-bedroom condo in the Superior Ink building on West 12th Street. Mulcahy and her husband also own a home in Fairfield, Conn. [NYT]

Kim Kardashian officially turns 29 today, even though she got paid $50,000 to celebrate the big event in Las Vegas last week. Judith Sheindlin, better known as Judge Judy, turns 67. Saturday Night Live co-producer Marci Klein is turning 43. Actress Carrie Fisher is 53. Patti Davis, daughter of Ronald and Nancy Reagan, turns 57. Jade Jagger, social scenester and daughter of Mick and Bianca, is turning 38. Former Xerox CEO Anne Mulcahy is 57. Liliane Bettencourt, heir to the L'Oreal fortune and the second richest person in France, is 87. And Israeli prime minister Benjamin Netanyahu turns 60 today.

♦ Spanx CEO Sara Blakely and her husband, Marquis Jets co-founder Jesse Itzler (left), have gone into contract to sell their 14th-floor condo at 15 CPW, less than a year after they picked up the place from Smart Flyer owner Michael Holtz for $8.5 million. The pad was most recently listed at $9.85 million. [Cityfile]
♦ Morgan Stanley managing director Guy Metcalfe, who paid $9.35 million for a five-bedroom apartment at 15 CPW in October and then re-listed the spread for $16.5 million just two weeks later, has now dropped the asking price to $13.75 million. [Cityfile, Corcoran]
♦ Xerox CEO Anne Mulcahy sold her 24th-floor apartment at 400 East 51st Street for $3.8 million to newly-appointed Novartis CEO Rober Pelzer. [NYO]

It's that time of year when institutions of higher learning heartlessly eject their seniors into the real world! Princeton grads were treated to the best speech of the season; Stephen Colbert delivered a zinger-filled address (above) in which he wisely reminded grads that "no one will ever, ever want to hear you sing a capella" outside college. How true. But plenty of other colleges tapped A through Z-list celebs to brace their soon-to-be-discharged students for entry into the workforce.

By 2010, Asians will account for 90 percent of the world's engineers. Americans are increasingly too lazy to bother to get computer-science degrees. Yet the U.S. government refuses to raise the cap on H-1Bs, the visas which allow foreign engineers to work at American companies. "It's moronic," Sun Microsystems CEO Jonathan Schwartz tells a Stanford audience in this clip. "Because you know what happens? You put a limit here? Guess what we do. We go hire in Asia. We're not dumb. We want talent." Xerox CEO Anne Mulcahy chimes in: "And by the way we don't just hire there, we build research centers there."

Mulcahy is chairwoman of Xerox. She retired from her position as the company's CEO in July 2009.