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Tabloids Will Reportedly Pay $12 Million for Pictures of Brangelina Twins
That's a whole $8 million more than the couple got for Shiloh! Is it because there's two of them or because of inflation? Plus: Citigroup's seven-point plan for saving itself, the Palazzo Chupi triplex goes on sale, and other things that make you go hmmm, in our daily roundup of media, finance, real-estate and law news.
Posted 07/15/08 in Daily Intel : Company Town
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Our Night at the ASMEs: Sportier Than Anticipated
Editors, nerves, competition, and one aggressive former Met mingled at last night's awards ceremony.
Posted 05/02/08 in Daily Intel : Party Lines
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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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Walters Says Greenspan Always Gave Bad Advice
FINANCE • Alan Greenspan's old flame Barbara Walters complained the G-man never gave good advice, insisting back in the seventies that she avoid an apartment on Fifth Avenue because it was a "bad investment." [NYP] • Henry Kravis got a little egg on his face thanks to the collapse of the $8 billion Harman buyout. Steve Schwarzman gets bragging rights or an excuse to back out of his own impossibly huge deals. [Deal Journal/WSJ] • With computers taking over, the NYSE plans to cut the trading floor down by half from its historic high. The famous Main Room and "the Garage," opened in 1903 and 1922 respectively, will remain open. [NYT]
Posted 09/24/07 in Daily Intel : Company Town
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The Soho Grand Is a Wonderland
Rumors of the demise of the John Mayer–Jessica Simpson relationship may be greatly exaggerated; the two spent Sunday night together at the Soho Grand. (Mayer is also still doing the stand-up comedy thing). Today show correspondent Jill Rappaport owns eighteen acres in the Hamptons. Johnny Damon hung out till 4:30 a.m. on Sunday morning, but he still hit a two-run double later in the day. Ivanka Trump and Zach Braff exchanged numbers. (Uh-oh. Does Jared Kushner know about this?) Warren Buffett, David Remnick, John Kerry, Ted Turner, and Jann Wenner, among others (ahem), were all rejected from Harvard. After asking for $5.5 million, Stone Phillips sold his penthouse on West 72nd Street for $4.35 million. Times managing editor Jill Abramson is suing the truck driver who ran over her foot.
Posted 05/22/07 in Daily Intel : Gossipmonger
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