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.
'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.
• Richard Grasso may keep his money, after all. A New York State appeals court threw out four of the six claims filed against the former NYSE chair by the attorney general's office. [NYP]
• Perella Weinberg may have missed out on advising the Ford family, but the firm finally got its first big deal with a lead role in Thomson's attempt to acquire Reuters. [DealBook/NYT]
• The future of two Dow Chemical executives will be determined by testimony JPMorgan CEO James Dimon, who knows for sure if they spread rumors of a sale. [NYT]
Oh, poor Dick Grasso. Now he'll have to retire from the New York Stock Exchange with a mere $39.5 million parting gift, after a state-court ruling took $100 million from his retirement package and negged the idea that he was owed another $95 million for wrongful termination. More than anything else, this is very bad news for Grasso, who now might be forced to live out his golden years subsisting on cat food and boiled ears of corn. (Sorry; we saw the new Grey Gardens musical the other night, and we've since been sort of haunted by that diet. And by the fleas. Yuck.) It is, however, very good news for someone else: your next governor, Eliot Spitzer. On Early and Often, Jon Dolan explains.
Grasso Verdict Nice But Not Necessary for Spitzer [Early and Often]
READ MORE »