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.
XM and Sirius: Hooray for Monopolies!Plus: The Breeders’ bizarre listening party, the Smashing Pumpkins’ lawsuit against their record company, and a lot of ‘Law & Order’ sound effects.
company town
Katie Couric Goes There With Larry KingThe CBS anchor unleashes her inner adolescent boy, JPMorgan wins again, and a big-time lawyer heads to the pokey in our daily roundup of news from the fields of media, finance, and law.
in other news
Sirius Creates Media Circus in Microcosm With Client 9 RadioCan you not get enough of the Spitzer sex scandal? Is the minutiae of the governor’s trysts with hookers that has subsumed pretty much every media outlet for the entire week still somehow not enough? Do you feel that there are some important people, such as deposed publisher Judith Reagan, Wikepedia dumpee Rachel Marsden, and Dennis Hof, owner of Nevada’s Moonlight Bunny Ranch, whose full opinions have not been given their due? Then, friends, we hope you subscribe to Sirius Satellite Radio, which has just announced the creation of Client 9 Radio, a station fully devoted to news and opinion about Eliot Spitzer sex scandal. In addition to the aforementioned pundits, Client 9, which will air tonight and be hosted by Court TV’s Vinnie Politan, will also air the opinions of esteemed figures like John McCain, Alan Dershowitz, and “private eye Vito Colucci.” But most important, they will provide a forum for you, the listener, to join “this national conversation.” So go forth, citizen gossips! Let no crevice go unexplored.
The Guy With the Biggest Birthday Party WinsFINANCE
• Birthday parties aside, Stephen A. Schwarzman tops Fortune’s private-equity power list. [Fortune via CNNMoney]
• Jeff Dorman, a senior managing director of prime brokerage services at Bear Sterns, resigned late last week. Poor guy didn’t even last a year. [DealBook/NYT]
• Is Jim Healy, head of fixed income at Credit Suisse, about to resign because of friction with new heads Brady Dugan and Michael Ryan? [DealBreaker]
in other news
Satellite Radio Caves to Pressure; Daily Intel Does NotAs we recall it, the satellite-radio rebels promised two things: no commercials, and curse words. That first part is falling by the wayside, but, hey, at least they’re being creative and putting curse words in the commercials. As the Daily News reported the other day, the New York–based satellite badasses at Sirius recently aired the world’s first-ever radio ad featuring profanity. It’s for a “homeopathic nasal spray” called Sinus Buster. Sadly, the ad has since been pulled from Sirius’ rotation in wake of a condemnation from the National Association of Broadcasters. (Which, if we may point out, recently launched a series of PSAs celebrating free speech.) Fortunately, the powerful broadcasting lobby doesn’t scare us here at Daily Intel. Behold: the first-ever Web posting of the first-ever radio ad to say “shit.” Shit, yeah.
— Ben Mathis-Lilley
Sinus Busters [MP3]
Sirius: 1st Ad With 4-Letter Word [NYDN]
Related: Howard Stern in Space [NYM]