company town

George Soros: You Ain’t Seen Nothing Yet

• Financier George Soros says that a “superbubble” is bursting, and that financial woes have just begun. [DealBook/NYT]
• Analysts say the economy has further to fall. [WSJ]
• Meanwhile, Goldman Sachs boss Lloyd Blankfein says hard times on the Street are nearing an end. Plus, Blankfein, who raked in a $70 million paycheck last year, won a proxy protest over whether shareholders should have a say in what the firm pays top executives. “It would create a cloud, a constraint, a limitation on decisions that have been at the heart of what a board has done,” he said. [NYP]

• Amy Gross is leaving O-land. The editor-in-chief of O, The Oprah Magazine, has quit publishing altogether. [NYP]
The Wall Street Journal’s Website traffic numbers are way up. [Mixed Media/Portfolio]
• Wonkette founding editor Ana Marie Cox is now merely a contractor at Time (she’ll still blog), and Gawker founding editor Elizabeth Spiers just got a regular gig at Fortune. [Gawker]

• The $70 million civil lawsuit that Dan Rather slapped on CBS is going to continue on a limited basis. [NYO]
• Today you can have your chance to tell Us News and World Report why you think their law-school-ranking system stinks. [Above the Law]
• Since the State Legislature and the governor aren’t listening to New York’s top judge, she’s suing them. [NYT]

• East Villagers don’t want to say good-bye to the Mets Foods grocery store on Second Avenue. [Runnin’ Scared/VV]
• The first West Side rail yards deadline is missed. [NYO]
• Hedge-funder John Paulson has put his Southampton home on the block for $19.5 million, which is more than 50 percent higher than what he bought it for two years ago. [WSJ]

George Soros: You Ain’t Seen Nothing Yet