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Merrill Lynch

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The Blame’s on Thain

After a startling $9 billion dollar write-down, everyone is piling on Merrill Lynch CEO John Thain.

Citigroup Posts $2.5 Billion Loss

A 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.

There’s a Sloop on the Gowanus

Plus the Upper West Side gets "rods of falling water," and Flushing's Sky View Parc–condo dwellers get sludge-front property, in our daily neighborhood wrap-up.

JPMorgan Chase Profits Fall 53 Percent

But 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.

Charlie Gibson’s ‘World News’ Reaches an All-Time Low

But 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.

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.

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.

‘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.

Jack Welch Has Some Letting Go to Do

The 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.

Ashley Alexandra Dupré Continues to Haunt New York

Real celebrities are riled by sightings of Eliot's lady friend; Simon Doonan gets his own TV show and pretty people buy expensive homes in our daily roundup of the news from New York's best gossip columns.

Another Sad Day for Schwarzman

FINANCE • Where has all of Steve Schwarzman's money gone? A report saying that his fund would earn less than half of what was predicted caused Blackstone's stock price to tumble. [NYP] • Former Countrywide Financial, Citigroup, and Merrill Lynch execs get ready to explain to Congress why they got huge paychecks as their shareholders lost billions. [DealBook/NYT] • Financier Carl Icahn ups his stake in Motorola. [DealBook/NYT]