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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.

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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.

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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.

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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.

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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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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.

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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]

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CEO Astrology: Reading the Stars for Barry Diller, John Thain, Chuck Prince, and Steve Schwarzman

Thain, Prince, Schwarzman and Diller
Many of you know celebrity astrologer Susan Miller as the uncannily accurate predictor of your fate. You're in good company: She's got A-listers like Kirsten Dunst and Orlando Bloom paying her to do their charts and gets fifteen million page views a month on her Website, Astrologyzone. She's asked to analyze the stars for actors, musicians, and starlets all the time — but when we got the chance to talk with her, we wanted to know what the future holds for a group of guys even nearer and dearer to our heart. Guys like embattled IAC CEO Barry Diller, Blackstone CEO Steven Schwarzman, ousted Citigroup CEO Chuck Prince, and Merrill Lynch newbie John Thain. After all, these people have much more power to wreak havoc in our lives if the stars choose not to shine on them. After the jump, read Miller's uncannily prescient analysis (it would be more precise if she knew the times of day they were born) and learn what warnings these four financial powerhouses need to heed if they want to come out of 2008 on top.

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