Posted 09/24/08 in Daily Intel
The Greatest Depression
Merrill Banker Revolted by Prospect of Working at the McDonald’s of Banks
A true tale from Merrill Lynch, soon to be Bank of America.
Posted 09/16/08 in Daily Intel
White Women With Money
Slideshow: The Brokenhearted Babes of Wall Street
Did anybody else notice the parade of foxes exiting Lehman and Merrill yesterday? Who knew?
Posted 09/15/08 in Daily Intel
Early and Often
If McCain and Obama Can’t Tap Into the Economy Message Today, They’ll Never Do It
And yet, with statements released this morning, both camps are off to a tepid start.
Posted 09/15/08 in Daily Intel
Scenes From A Meltdown
Holy Effing Crap: Wall Street in Flames
Metaphorically, of course. A quick guide to the current crisis for people who didn't pay attention this weekend.
Posted 08/22/08 in Daily Intel
Company Town
‘People’ Gets the Last Giggle Over Brangelina Baby Pics
Turns out the issue whose cover displayed little Vivienne and Knox sold 2.6 million copies, the fourth-largest selling issue of all time for the mag. Plus, the rest of our industry news roundup.
Posted 08/08/08 in Daily Intel
Company Town
Liev Schreiber and Naomi Watts Expand Their Real-Estate Horizons
The Hollywood couple will be moving into bigger digs than originally planned at One Madison Park. Plus, the latest on Wall Street, in the Hamptons, and down at 30 Rock in our daily industry roundup.
Posted 08/05/08 in Daily Intel
Company Town
The Obamas All Over the Glossy Newsstand, Once Again
Michelle and Barack appear on the covers of 'Ebony' and 'Essence.' But Meghan McCain has an interview in 'Glamour'! Plus the latest on Barbara Corcoran, John Thain, and the other captains of industry.
Posted 07/31/08 in Daily Intel
Company Town
Stevie Cohen Could End Up in a Pickle
No, not in the Damian Hirst sense, though that would be amazing: The art-loving SAC Capital Management CEO could have some problems with the SEC if he's not careful. Plus! An ex–Bear CEO jumps ship at JPMorgan, Natalie Portman's apartment goes on the block, and Condé Nast has a green issue, in our daily rundown of industry news.
Posted 07/30/08 in Daily Intel
Company Town
Jason Pomeranc to Take Credit for Turning Lower East Side Into Meatpacking District
The hotelier says that his new Thompson Lower East Side hotel will signal the "coming-of-age" of the hood. Plus the latest in finance, law, and media news.
Posted 07/29/08 in Daily Intel
White Men With Money
Merrill Lynch CEO John Thain Has a Problem
Every time he thinks he's made his LAST billion dollars, he loses another! D'ohh!
Posted 07/22/08 in Daily Intel
White Men WithOUT Money
In Tough Times, Wall Streeters Forced to Make Humiliating Lifestyle Changes
Some banks are requiring that their employees cut back on necessities.
Posted 07/21/08 in Daily Intel
Company Town
Trou-Dropping Guantanamo Lawyer Leaves Firm
Plus, the latest on Giuliani Partners, S.I. Newhouse, and Citigroup in our daily industry roundup.
Posted 07/18/08 in Daily Intel
White Men With Money
The Blame’s on Thain
After a startling $9 billion dollar write-down, everyone is piling on Merrill Lynch CEO John Thain.
Posted 07/18/08 in Daily Intel
Company Town
Citigroup Posts $2.5 Billion Loss
A lot of big news at the banks today — but there's also crazy stuff going down with Jeff Zucker, Dan Rather, Brooke Astor (from beyond!), and Barack Obama, in our daily industry roundup.
Posted 07/17/08 in Daily Intel
Company Town
JPMorgan Chase Profits Fall 53 Percent
But they did better than analysts predicted. That, plus the latest on Hamptons real-estate prices, Condé Nast's upper echelons, and the "You go girl!" spinner, in our daily industry roundup.
Posted 07/16/08 in Daily Intel
White Men With Money
Breaking: Mayor Bloomberg Is Rich
Yes, we know you know. But after Merrill Lynch sells its shares in Bloomberg, he'll be even RICHER!
Posted 07/09/08 in Daily Intel
Company Town
Charlie Gibson’s ‘World News’ Reaches an All-Time Low
But it WAS over the holiday weekend, so we forgive him. Plus, another dude climbs the 'Times' building, Lehman considers Jersey, the Plaza has a big flip, and summer associates get down on their knees, in our daily industry report.
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