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Sumner Redstone: How Crazy After All These Years?

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Just how nuts is Sumner Redstone? Clearly quite nuts, or at least quite senile. But there's also a chance he hasn't been quite as nuts, for quite as long, as today's Times suggest. Yes, yes: He's probably trying to oust his daughter and heir apparent, Shari, from their companies. And yes, yes: He summarily fired Tom Cruise last year and then ousted Tom Freston. But perhaps he hasn't always been quite this bad. Consider one of the best anecdotes in the Times story:
In 1999, at a news conference for Viacom’s purchase of CBS, Mr. Redstone interrupted Mel Karmazin, CBS’s chief executive, by blurting “I’m in control! Remember — I’m in control!” into a microphone. Despite being widely considered Mr. Redstone’s successor, Mr. Karmazin left the company in 2004.
We were amused, and intrigued, and wanted to find out what happened next in the press conference. So we went to trusty Nexis, where we discovered something interesting.

So Who Will Run Viacom?

MEDIA • Sumner Redstone is feuding with his daughter, leaving the future of Viacom in doubt. [WSJ] • Forbes is putting its historic Greenwich Village building on the block. [NYP] • Countdown With Keith Olbermann referred to a Louisiana senator's wife as a ho. Imus again? [FishbowlNY/Mediabistro]

Mayor's Girlfriend Leaves Public for Private Sector

FINANCE • Diana Taylor — the mayor's First Girlfriend — leaves post as state superintendent of banks for boutique investment firm Wolfensohn & Co. [NYP] • Harold Ford Jr. loses Senate race in Tennessee, wins position at Merrill Lynch. [CNNMoney] • Former Citigroup CEO Sandy Weill wants hedge funds to open up their books. [Spiegel via DealBreaker]