Tom Wolfe Still Making Sweeping, Mostly True GeneralizationsThe 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.
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Eyebrows Are Raised Over Morgan StanleyMorgan Stanley CEO John Mack grapples with plummeting profits and a rogue trader, a summer associate messes with the wrong guy at the company picnic, and Rachael Ray buys in the Hamptons, in our daily roundup of finance, law, media, and real-estate news.
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Will the Landmarks Preservation Commission Make an Example of Robert De Niro?They can make him tear down the Greenwich Hotel’s $1.5 million penthouse if they feel like it. Plus, news on Goldman Sachs, Simon from ‘Real Housewives,’ and a few other people who have power in this town, in our daily roundup of real-estate, finance, media and law news.
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The Freedom Tower Has an Empty Dance CardThe Port Authority is offering it up for sale, according to the ‘Post.’ That, and more city news in our daily industry roundup.
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Wall Street’s Week of ReckoningAIG’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 LunchingRecently 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.
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Fifty Cent’s Baby Mama Will Get Rich or Die Tryin’The battle between 50 Cent and Shaniqua Tompkins rages on, Columbia bulldozes most of the Upper West Side, more big changes at the Murdoch-owned ‘Wall Street Journal,’ and other epic battles, in our daily roundup of news from the law, real-estate, media, and finance sectors.
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Andrew Cuomo’s Kiddie VictoryPlus the latest on what’s up with UBS, Beth Israel, and McDonald’s in our daily industry roundup.
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The Summer Is Getting REALLY Sticky and Unpleasant for Dick FuldThe Lehmann Brothers CEO says he’s “disappointed” by losses as rumors of the firm’s demise intensify, ‘Bazaar’ editor Glenda Bailey becomes a dame, and Britney’s NYC apartment goes on the market in today’s roundup of news from the realms of finance, media, real estate, and law.
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Richard Branson to Kick Off Virgin Hotel Chain in New York?Bajillionaire Branson may be spending more time in Manhattan. Meanwhile, Cablevision lawyer Harvey L. Beneson mortgages his Hamptons house to pay off his lawsuit, UBS clients run scared as a federal investigation warms up, and another magazine catering to the rich appears on the horizon, in today’s roundup of news from the worlds of real estate, law, finance, and media.
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.
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Katrina vanden Heuvel Gets Most of Her Talking Points From Jezebel’The Nation’ editor and publisher reminds lady bloggers that imitation is flattery, Dick Grasso heads to court, and either a W or a Westin sets its sights on the Lower East Side — all that and more, in our daily digest of media, finance, real-estate, and law news.
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Crane Collapse Causes Building DelaysAlso, 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.
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Bloomberg: Crane Collapse ‘Intolerable’The mayor gives developers and union leaders a piece of his mind at a press conference on this morning’s crane collapse, students and colleagues of a popular Wall Street figure are flabbergasted by the SEC charges filed against him, and CNN’s Jessica Yellin gets into a war of words about the war.
John Koblin of the ‘Observer’ Is Probably Just JealousBlogger Emily Gould’s ‘Times Magazine’ cover continues to ruffle feathers, Scarlett Johansson relocates to a totally boring neighborhood, and Baker & McKenzie partner Martin Weisberg is indicted — again. All that and more in our daily roundup of media, real-estate, law and finance news!
Frank Rich Gets a Gig With the Network That Must Not Be NamedThe ‘Times’ columnist takes a second job, Citigroup tries to clean up a mess wrought by a hedge fund, female lawyers get a new moniker, and more in our daily rundown of industry news.
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JPMorgan Will Take On Half of Bear Stearns StaffOr 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 AssThin-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.
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Right Now, Sean Avery Is Getting Anna Wintour StarbucksThe injured Ranger begins his tour of duty at ‘Vogue,’ Carl Icahn’s battle with Yahoo heats up, and Donald Trump is in another fight … in today’s roundup of media, finance, real-estate and law news.
He’s an Icahnimal!Carl Icahn may be getting ready to sink his teeth into Yahoo, ‘Newsday’ girds intself for new ownership, and ‘Vogue’ editor Hamish Bowles within prime stalking distance of Daily Intel editor Chris Rovzar in our daily roundup of finance, media, law, and real-estate news.
‘Playboy’ Profits: Going Down?Plus, ‘02138’ graduates to a new publisher, Bush goes online, and Skadden makes big bucks — all in our daily industry roundup.
Rent Stabilization Not As Stable As BeforePlus, Skadden’s role in the failed Microsoft-Yahoo talks, what Perez Hilton is doing in James Frey’s new novel, and the rest of today’s industry gossip.
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Murdoch Won’t Go Any Higher on ‘Newsday’ BidAlso, Microsoft gives up on Yahoo, Berkshire Hathaway’s profits tank briefly, and Buzz Bissinger apologizes to Will Leitch, all in our daily industry roundup.
Rupert Murdoch Is Full of Vim, Vigor and Probably ViagraThe media mogul seems gleeful about life (and also his wife!) in a ‘Newsweek’ profile, Bank of America’s CEO is startled by losses, a fifth-grade graduation ceremony gets ugly, and a hedge-funder pays $801,000 for a literal closet in today’s collection of media, finance, law, and real-estate news.
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Jack Welch Has Some Letting Go to DoThe former GE chief won’t shut up about his old job, Andrew Cuomo goes on a subpoena rampage, Katie Couric may have a book in her, and a homeless man blunders on to some very special blueprints in our daily roundup of news from the world of finance, law, media, and real estate.
Manhattan Rents Finally DroppingCerberus’ founder goes on the record, Richard Butler goes free, and Bloomberg strong-arms Wal-Mart in today’s news roundup.