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Bear Stearns

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The Donald Will Go On

Donald Trump is strong and solid, like a freight ship battered by stormy seas. Meanwhile, Angelo Mozilo of Countrywide and Don Imus are riding around on rickety catamarans. All that and more metaphors in our daily roundup of real-estate, law, media and finance news.

Tom Wolfe Still Making Sweeping, Mostly True Generalizations

The writer predicts "the end of capitalism," and may be right; Ariana Huffington talks about her beef with Tim Russert; and a Manhattan lawyer does due diligence with the Other Side, all in our daily rundown of weird, wonderful finance, media, law and real-estate news.

‘Martha Wanted to Wash and Blow-dry the Chickens’

Martha disrupts plans to make her seem like less of a perfectionist, Bear Stearns CEO Jimmy Cayne may face arrest (he'd better hide his stash!), and the FBI is slapping anyone who's ever said the word "mortgage" with criminal charges, in our daily roundup of media, finance, real-estate and law news.

Bear Stearns Managers Arrested

Matthew Tannin and Ralph Cioffi, former hedge-fund managers at the former Bear Stearns, were taken into custody this morning for telling investors everything was fine with their funds, while privately admitting they were "toast."

Wall Street’s Week of Reckoning

AIG's Martin Sullivan is out, and everyone else is waiting for the ax to fall. Plus! Former 'NYT' editor Howell Raines picks on Poynter blogger Jim Romenesko, a Central Park West penthouse goes on the market for $80 million, and more, all in our daily roundup of finance, media, real-estate and law news.

Ex–Martha Stewart CEO Is Out and Lunching

Recently freed Martha CEO Susan Lyne may have a gig lined up already, Realtors claim the 'Sex and the City' movie has done for property what the show did for shoes, and New York judges finally get a pay raise, in today's roundup of media, real-estate, law, and finance news.

Ana Marie Cox Comes Full Circle at ‘Radar’

The founding Wonkette editor signs on to do irreverent political coverage for Maer's magazine, another Charles Kushner associate goes down, and Andrew Cuomo noses around Dick Grasso's package, in our daily roundup of news from the worlds of media, real estate, law, and finance.

Crane Collapse Causes Building Delays

Also, the real Mr. Big thought watching the 'Sex and the City' movie was "eerie," and Wachovia chief G. Kennedy Thompson is out the door. And more, in our daily industry roundup.

JPMorgan Will Take On Half of Bear Stearns Staff

Or you could say JPMorgan will FIRE half of Bear Stearns staff. It's all how you look at it, really. Plus! The GM building may have a new owner, 'People' people get a hairy new deadline, and a lawyer's advice for tax dodgers in our daily roundup of industry news.

Fox News Sicced Bill O'Reilly on NBC's Punk Ass

Thin-skinned media bigwigs trade insults, Microsoft and Yahoo continue to make eyes at each other across the boardroom table, and a mysterious, rich felon moves into the Plaza … all in today's roundup of media, finance, law and real-estate news.