Dick Fuld Surrenders the Ridge

cityfile · 09/15/09 02:53PM

Big news for golf aficionados who also happen to be closely following the one-year anniversary of the collapse of Lehman Brothers. As Reuters reported last week, ex-Lehman CEO Dick Fuld gave up his membership at the Blind Brook Country Club in Purchase following his fall from grace last year. Our trusted source for all mogul-related golf news now tells us that Blind Brook isn't the only club that no longer has the pleasure of Fuld's company. He's also abandoned his membership at the Quaker Ridge Golf Club in Scarsdale. Clearly, the situation has gone from bad to much, much worse.

Has a Stroke Gone to Rehab?

Gabriel Snyder · 09/15/09 02:07PM

This may be the wildest rumor since Rod Stewart got his stomach pumped, but there's serious buzz in NYC nightlife circles that Strokes guitarist Albert Hammond Jr. has halted recording on their new album to check into an L.A rehab.

The Recession Is Over For the Rich!

Hamilton Nolan · 09/15/09 01:53PM

The Way We Live Now: Scoffing. Bernanke says the recession is over! Break out your party hats! Wait, we cannot afford party hats because we are so broke. What do you mean, Bernanke?? Oh, you mean "over" for rich people.

Arrest No Longer Imminent in Yale Murder

John Cook · 09/15/09 01:49PM

New Haven police officials are batting down reports that an arrest is imminent in the murder of Yale student Annie Le, and are bizarrely denying nonexistent reports that they had a suspect in custody.

Leno's Debut, The Sale of BW, Harvey's Latest Loss

cityfile · 09/15/09 01:26PM

• So how did Jay Leno's new show do? He hit it out of the park ratings-wise, roping in an estimated 18 million viewers. The reviews were all pretty lousy, though, so don't be surprised if it's all downhill from here. [AdAge, LAT, THR]
• The sale of BusinessWeek: Bruce Wasserstein has dropped out as a potential acquirer of the struggling mag. And it's cutting 20% of its staff. [BW, NYT]
• ABC News has apologized to the White House for Nightline anchor Terry Moran's tweet about Obama calling Kanye West a "jackass." [LAT]
• Speaking of the White House, Barack Obama will be David Letterman's guest on Monday night; it's the first time a sitting president has done the show. [NYT]
• Oprah's season premiere scored big thanks to Whitney Houston. [Wrap]
• The House of Harvey has sustained another blow: Harvey Weinstein's 70 percent stake in the home-video distributor Genius Products, once worth as much as $400 million, is now pretty much worthless. [NYP]
• Speaking of the film mogul, The Weinstein Co. picked up the rights to A Single Man, designer Tom Ford's debut film, at the Toronto Film Festival. [THR]

Create Your Own Gawker Media Hybrid

Chrissie Lamond · 09/15/09 12:59PM

Be like thousands of satisfied GizHackSpin users and create a custom Gawker Hybrid, made possible by Toyota Prius. Read your favorite titles in one place, with the content you want from each. What's your hybrid creation? Try it here »

BusinessWeek: Wasserstein Out, Layoffs Coming

Hamilton Nolan · 09/15/09 12:56PM

In your revenue-generating Tuesday media column: the BusinessWeek bidding draws to a close, Americans would pay only a pittance for newspaper websites, Peter Shankman's getting rich somehow, and the WaPo is determined not to write about dwarves.

Save Condé Nast: Purchase a Watch or Lapel Pin!

cityfile · 09/15/09 12:03PM

You've probably heard that these are grim times for Condé Nast. Editors and publishers may be asked to cut spending by 25 percent, further layoffs are expected in the coming weeks, and several other magazines may shuttered entirely. If you're anything like us, you've probably been sitting at home asking, "What can I do to help?" Obviously, you could subscribe to one of Condé's magazines. But let's be honest: A $10-a-year subscription to Glamour isn't going to exactly turn the ship around. One much better way to deliver a few bucks to Condé's bottom line: Consider purchasing one of the fine, overpriced items on sale in the Condé Nast store! Last week, The New Yorker started selling wristwatches featuring the magazine's mascot, Eustace Tilley. But there's plenty more to choose from. A few suggestions below.

Happy Dan Brown Day

Pareene · 09/15/09 12:01PM

Hooray! Today you can finally buy Dan Brown's The Lost Symbol, a new interactive novel about a heroic professor with a mullet who fights Catholics and Masons. It will save publishing, and ruin Washington DC.