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.
the early-evening news
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
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]