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Mike and the Mad Dog Break Up at Last
After months of rumors, Chris Russo is off the popular sports-radio show — that and more, in of our daily industry roundup.
Posted 08/15/08 in Daily Intel : Company Town
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‘Times’ to Raise Cover Price 25 Cents
Plus AMI is headed for tough times, Fox News makes fun of Nas, Andrew Cuomo looks into AIG, and more, in our daily industry roundup.
Posted 07/24/08 in Daily Intel : Company Town
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Breaking: Bonnie Fuller Steps Down at AMI
That's right: American Media Inc. executive vice-president and chief editorial director Bonnie Fuller will resign from both of her positions as of Wednesday. But she's not giving up 'Star,' Goddamn it!
Posted 05/13/08 in Daily Intel : It Just Happened
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Bloomberg's Baby Problems: They Just Keep Popping Out
FINANCE • Another woman joined the federal discrimination lawsuit against Bloomberg LP. After her first child in 2005, her pay fell and her colleagues turned into sharks. One supervisor even asked, "What is this, your third baby?" [NYT] • More of the same on the Street: Bank of America wrote down $3 billion, Bear Stearns $1.2 billion, and British bank HSBC took the cake with $3.4 billion, largely due to U.S. mortgage weaknesses. Meanwhile, Goldman CEO Lloyd Blankfein laughed in everyone's face, predicting no more write-downs (not that they lost much in the first place) at the Teflon bank. [NYP, NYT, NYT, DealBreaker] • Is the credit crunch just like Enron all over again? So says Bethany McLean, the reporter who first broke Ken Lay's fraud wide open. [Fortune]
Posted 11/14/07 in Daily Intel : Company Town
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Breaking: Banks, Bankers Make a Lot of Money
Today's big news in the city's big businesses. FINANCE • J.P. Morgan had a very good fourth quarter, but is $4.53 billion enough to top Citigroup? Answer on Friday. [DealBreaker] • Projected versus actual 2006 Wall Street bonuses. Either way, they were big. [BankersBall] • Taking a cue from its bonus-giddy brokers, Bear Stearns looks to invest in some Manhattan real estate. [NYO via DealBook/NYT]
Posted 01/17/07 in Daily Intel : Company Town
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