Bush to Economy: ‘Hey, Did You Get a Haircut? Something’s Different.’FINANCE
• Bush acknowledges slower economy, but he stops short of warning about recession. Still, will he go for another round of tax cuts? [NYT, NYT]
• Financial titans Warren Buffett and Maurice Greenberg came under attack in the Gen Re trial. Neither stands as a defendant, but both were accused of being intimately involved in a fraudulent transaction worth $500 million. [NYT]
• Now that Jimmy Cayne’s out of the picture, which hedge fund will step in to buy Bear Stearns? [Deal Journal/WSJ]
Ew, Lance Armstrong Is Hooking Up with Ashley Olsen?Lance Armstrong and Ashley Olsen hooked up at Rose Bar and then left at 2 a.m. The Jewish Theater of New York claims that the Times won’t review its plays because the paper is anti-Semitic; the Times says it won’t review its plays because they are bad. Kim Cattrall actually showed up to work before the other SATC cast mates for once. AOL chairman and CEO Randy Falco was roasted by Bob Costas and Brian Williams, among others. Ivana Trump made a kind of funny joke about Harper’s Bazaar editor Glenda Bailey being the devil in Prada at Denise Rich’s Angel Ball. (Diddy also left the ball with model May Anderson.) Michael Jackson went to Brooklyn to shoot a cover for Ebony magazine and was sweet despite prattling on about how much he likes kids.
‘Times’ Couplets: Poetic Truths in the Paper of RecordWherein we arrange Times headlines in rhyme for your poetical amusement. Today’s message: Things just aren’t working out.
The Rules Are Different, but a Rivalry Remains
To Execute, or Not to Execute? That Is the Uneasy Question.
Approach Boss With Caution:
New Low on ‘Idol’?”
All Together: Let’s Go, Jack. Let’s Go, Jill.
A Talking Head Meets His Comic Doppelgänger, and Sparks Fail to Fly.
Innovator and Master, Side by Side,
Royal Ruffled by Aide and Partner;
Nowhere to Turn for Shelter—
Very Strange and Very Naked—
Apology Not Accepted.