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Company Town

  1. Thacher, Proffitt & Wood Closing DoorsAfter 160 years, the subprime-mortgage crisis wipes out one of the city’s oldest firms.
  2. Ben Stiller Is Moving Back in With His ParentsWell, sort of. He bought a $10 million duplex in the same building as his ’rents. Plus, Stephen Schwarzman has fallen off ‘Vanity Fair’s’ New Establishment list; Dennis Kozlowski appeals, and the ‘WSJ’ proudly unveils its new magazine, in today’s industry news.
  3. Why Do Weather Reporters Need to Stand IN a Hurricane to Report on It?Do we really need Anderson Cooper, Katie Couric, and Brian Williams in Louisiana when they could cover the hurricane and the RNC at the same time? Plus, all your daily finance, real estate, law, and media news.
  4. Lehman Continues Staff Cuts1,500 more jobs were eliminated at the bank this week. Plus, the latest on Michael Phelps, JPMorgan, Steve Jobs, and more.
  5. Meredith Vieira Officially More Powerful Than Katie CouricAccording to ‘Forbes,’ at least. Plus, today’s real estate, law, media, and financial news.
  6. Fannie and Freddie Get Some Good NewsThe mortgage giants have seen their largest profits in ten years. Plus, who buys a friend a $3 million apartment, and who wants a truck depot in Soho?
  7. Is the New Broadway Esplanade Really Safe?That’s what some people lunching there wonder. Plus, the latest in New York media, finance, and legal news.
  8. Washington ‘Post’ to Other Papers: Don’t Ditch D.C.!An axed Maine political reporter writes to tell how local papers that close their Washington bureaus are hurting the cause of democracy. Plus, the latest in finance, law, media, and real-estate news.
  9. ‘People’ Gets the Last Giggle Over Brangelina Baby PicsTurns out the issue whose cover displayed little Vivienne and Knox sold 2.6 million copies, the fourth-largest selling issue of all time for the mag. Plus, the rest of our industry news roundup.
  10. Now We’ll Get to See Even More of the Naked CowboyThe scourge of Times Square is getting his own reality-TV show. Meanwhile, a Cadwalader partner sues over the mold in his Hamptons house, and the ‘Times’ thinks we care too much about people’s personal lives (can’t imagine why), and more, in our daily roundup of industry news.
  11. Rupert Murdoch to ‘Make’ Less Money Than Last YearHe only made $27.5 million in company compensation this year. Plus, Kent Brownridge steps down from ‘Maxim,’ Damon Dash has real-estate troubles, and more, in our daily industry roundup.
  12. Anti-Feminist Sues Columbia Over Women’s Studies ProgramRoy Den Hollander, the guy who sued against ladies’ night promotions at nightclubs, is at it again. Plus, no one cared that the New York ‘Times’ raised its cover price, and Lehman sells a key asset.
  13. Lehman Brothers Cannot Get Off the Roller CoasterRichard Fuld’s bank has another up-and-down day; NBC’s Jeff Zucker is pleased with himself; and J.Crew brings Nantucket red to Tribeca.
  14. Mike and the Mad Dog Break Up at LastAfter months of rumors, Chris Russo is off the popular sports-radio show — that and more, in of our daily industry roundup.
  15. Michael Phelps Is Gold for NBCPlus, lawyers make criminals sing (to ‘Don Giovanni’), another spectacular apartment you can’t afford hits the market, and more, in our daily industry roundup.
  16. The Upper East Side Completes Renée ZellwegerThe actress smoothly buys into a hard-to-crack co-op, while JPMorgan and the New York ‘Times’ struggle, in our daily digest of real-estate, finance, media and law news.
  17. Meredith Whitney Eyes Goldman After Stock DropAnalysts aren’t so hot on the formerly golden bank this week. Plus, the latest on Andrew Cuomo, George Clooney, Diane Von Furstenberg, and more, in our daily industry report.
  18. Billionaires Have Bad Days, TooCarl Icahn is struggling with various projects, Sharon Waxman becomes the latest media lady to start a news-aggregation Website, and — it’s official! — most City Council members pay less rent than you do, in our daily roundup of finance, media, real-estate and entertainment news.
  19. Liev Schreiber and Naomi Watts Expand Their Real-Estate HorizonsThe Hollywood couple will be moving into bigger digs than originally planned at One Madison Park. Plus, the latest on Wall Street, in the Hamptons, and down at 30 Rock in our daily industry roundup.
  20. McCain Campaign Rewarding Commenting SpammersPlus, the latest on Wall Street, Gold Street, and your street, in our daily industry roundup.
  21. If Martha Stewart Had Only One Arm, How Would She Garden and Decoupage?Martha Stewart’s arm appeared missing in a broadcast this morning, worrying the nation. Then it came back, and we were relieved. But there’s still lots to worry about in our daily roundup of media, finance, real-estate, and law news.
  22. The Obamas All Over the Glossy Newsstand, Once AgainMichelle and Barack appear on the covers of ‘Ebony’ and ‘Essence.’ But Meghan McCain has an interview in ‘Glamour’! Plus the latest on Barbara Corcoran, John Thain, and the other captains of industry.
  23. Meredith Whitney Has Housing Woes of Her OwnThe Oppenheimer analyst, known for her harsh critiques of banks over subprime losses, displays a fondness for animal prints. Plus, ‘Playgirl’ folds, and a painter sells her pad for a pretty penny, in today’s digest of finance, media, real-estate and law news.
  24. In Media, Even Death Cannot Stop NepotismLuke Russert gets a job at NBC, and everyone has liquidity problems (except the tenants of 15 Central Park West), in our daily roundup of media, finance, real-estate and law news.
  25. Stevie Cohen Could End Up in a PickleNo, not in the Damian Hirst sense, though that would be amazing: The art-loving SAC Capital Management CEO could have some problems with the SEC if he’s not careful. Plus! An ex–Bear CEO jumps ship at JPMorgan, Natalie Portman’s apartment goes on the block, and Condé Nast has a green issue, in our daily rundown of industry news.
  26. Jason Pomeranc to Take Credit for Turning Lower East Side Into Meatpacking DistrictThe hotelier says that his new Thompson Lower East Side hotel will signal the “coming-of-age” of the hood. Plus the latest in finance, law, and media news.
  27. Circulation Report: ‘Vogue’ Down, ‘Ladies’ Home Journal’ UpPlus, Katie Couric takes control of CBS News’ political coverage, hotels keep cropping up in Gowanus, and KKR’s IPO doesn’t go as well as planned, all in our daily industry report.
  28. Donald Trump: ‘I Called the Recession First, Okay?’Fine, Donald. You win. Except nobody REALLY wins. Because it’s a recession. That and more in our daily roundup of finance, real-estate, media and law news.
  29. There May Be a Day When Port Authority Is Nice to Look AtWe know, we know — dare to dream, right? But there are proposals to build above it, and the renderings look lovely. Plus, news from the finance, law, real estate and media industries, in our daily roundup.
  30. ‘Times’ to Raise Cover Price 25 CentsPlus AMI is headed for tough times, Fox News makes fun of Nas, Andrew Cuomo looks into AIG, and more, in our daily industry roundup.
  31. President Bush Sums Up the Financial Crisis the Best Way He Knows HowWall Street got drunk,” the president said, “and now it’s got a hangover.” Also, Donald Trump Jr. invests in India, ‘Esquire’ editors decide to flash people, and more, in our daily roundup of finance, real-estate, media, and law news.
  32. Katie Couric: ‘America Is Giving Me the Hillary Clinton Treatment’The CBS anchor identifies with the former presidential candidate. Plus, why it’s not looking good for Wall Street bonuses, or the doorman who won $5 million on a scratch ticket a couple of months ago, and more, in our daily rundown of New York media, finance, real-estate, and law news.
  33. Trou-Dropping Guantanamo Lawyer Leaves FirmPlus, the latest on Giuliani Partners, S.I. Newhouse, and Citigroup in our daily industry roundup.
  34. Citigroup Posts $2.5 Billion LossA lot of big news at the banks today — but there’s also crazy stuff going down with Jeff Zucker, Dan Rather, Brooke Astor (from beyond!), and Barack Obama, in our daily industry roundup.
  35. JPMorgan Chase Profits Fall 53 PercentBut they did better than analysts predicted. That, plus the latest on Hamptons real-estate prices, Condé Nast’s upper echelons, and the “You go girl!” spinner, in our daily industry roundup.
  36. Chairman Cox Bans Naked Short-SellingHeh. Naked short selling. Sounds like something a frat boy would do, right? Well … it sort of is. Read all about the SEC’s bold move to crack down on market manipulators and more, in our daily roundup of finance, media, law, and real-estate news.
  37. Tabloids Will Reportedly Pay $12 Million for Pictures of Brangelina TwinsThat’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.
  38. Freddie Mac and Fannie Mae Shares Already Sinking AgainWashington’s weekend moves appeared to initially help but may not have stuck. That, and other industry news in our daily wrapup.
  39. Does the Ability to Comment Anonymously on Blogs Turn Us Into Monsters?Or are we monsters to begin with? Comment on that and the other media, finance, real-estate, and law news in our daily roundup.
  40. Horizon Strategy’s John Devaney Says He Is ‘Bleeding, Personally’ After Loss of Hedge FundClearly, he doesn’t know Daily Intel’s golden rule. That and more, in our daily roundup of need-to-know news from the fields of finance, media, law, and real estate.
  41. Charlie Gibson’s ‘World News’ Reaches an All-Time LowBut it WAS over the holiday weekend, so we forgive him. Plus, another dude climbs the ‘Times’ building, Lehman considers Jersey, the Plaza has a big flip, and summer associates get down on their knees, in our daily industry report.
  42. In China’s New York, Twin Towers Still StandingPlus the latest from the Federal Reserve, Skadden, Condé Nast, and Warren Buffett, in today’s industry report.
  43. Ashley Alexandra Dupré Drops Suit Against ‘Girls Gone Wild’Technically, the famous call girl is forced to admit, she exploited herself. Plus! Boutique hotels in Brooklyn are fighting, NBC gets a bargain on the Weather Channel, and we all may all end up paying for the Fed bailout of Bear Stearns, in our daily roundup of law, real estate, media and finance news.
  44. It’s Official: Rush Limbaugh Will Never Shut UpPlus, job cuts at the Los Angeles ‘Times,’ Jill Zarin’s favorite things, and Carl Icahn’s bad news, in today’s industry roundup.
  45. They Waterboarded Christopher HitchensFinally, right? Plus, David Brooks thinks Goldman Sachs may be on the cusp of a coup, and the “summer of legal vindication” kicks off in our hump-day roundup of media, finance, law, and real-estate news.
  46. Bonnie Fuller Made $2.4 Million in 2008, As AMI Faces Bleak FuturePlus, the latest on Lehman, Merrill, and ground zero in our daily industry report.
  47. Jann Wenner Shopping ‘Us Weekly’ to Condé Nast for $750 MillionPlus, the latest with UBS, Bonnie Fuller, and 15 Central Park West, in our daily industry roundup.
  48. Ben Affleck to Play a Reporter … in Real LifeThe actor-vist will report from eastern Congo for ‘Nightline’; and other media, law, finance, and real-estate news.
  49. Advertisers Still Wary of Don ImusPlus, the latest on what’s going on at Citibank, JPMorgan, and on the Upper East Side, in our daily industry roundup.
  50. The Donald Will Go OnDonald 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.
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