Funny People Disappoints, Dobbs Controversy Continues

cityfile · 08/03/09 11:56AM

• Funny People debuted at No. 1 at the box office this weekend, although it was still the worst opening for an Adam Sandler movie in five years. [Reuters]
• Mort Zuckerman is selling shares of his real estate company to pump $50 million into the Daily News to pay for new printing presses. [WSJ]
• Lou Dobbs has become a PR nightmare for CNN. Presumably the fact that Media Matters is airing an anti-Dobbs commercial won't help matters. [AP, HP]
• Is the peace pact between Olbermann and O'Reilly a sham? [TDB]
• Google CEO Eric Schmidt has resigned from Apple's board of directors. [BN]

Frank Bruni Takes Off the Mask

cityfile · 08/03/09 11:04AM

Frank Bruni steps down the New York Times' restaurant critic in a couple of weeks, and his memoir, Born Round, debuts on bookstore shelves on August 20. So it was only a matter of time before Bruni finally unmasked himself and showed to the world the face that has been taped to kitchen walls for close to five years now.

The Time Gawker Put the Washington Post Out of Business

Gabriel Snyder · 08/03/09 10:43AM

Spurred on by his editor, a Washington Post reporter complained over the weekend that we "stole" his profile of a ridiculous "generational guru" when we blogged about it on this site. Our question: where's your outrage at your editors?

Google CEO Leaves Apple Board, Finally

Ryan Tate · 08/03/09 10:18AM

Apple has announced Eric Schmidt is leaving the Cupertino company's board of directors by "mutual" agreement. Apple CEO Steve Jobs cites increasing competition between the two companies; by that standard this should have happened a year and a half ago.

BofA Gets Sued, Settles

cityfile · 08/03/09 10:15AM

That sure was quick. This morning, the SEC filed suit against Bank of America, accusing it of lying to investors when it announced that newly-acquired Merrill Lynch wouldn't pay out any year-end bonuses. (In fact, Bank of America had already signed off on $5.7 billion in Merrill payouts.) Now the bank has settled the charges—"without admitting or denying the allegations," of course—for a modest $33 million. [NYT]

Steven Rattner Is Basically an Asshole

John Cook · 08/03/09 10:07AM

Steven Rattner is the social-climbing financier who resigned as auto czar because his private equity firm is embroiled in a pay-to-play scandal. Everyone's waiting for shoes to drop, but New York says Rattner's biggest problem is that nobody likes him.

Ruth Madoff Forced to Go Discount Shopping

cityfile · 08/03/09 09:22AM

Ruth Madoff's shopping sprees are going to be a lot less exciting from now on. A bankruptcy judge has ruled the wife of imprisoned fraudster Bernie Madoff cannot spend more than $100 on herself without first informing Irving Picard, the trustee liquidating her husband's investment business. On the plus side, this probably means the new JCPenney store in Herald Square just earned itself a new customer, so that's good news, right? [Bloomberg]

Are You Smart Enough to Join the Army?

Hamilton Nolan · 08/03/09 08:52AM

There was a time not long ago that the US Army was desperate for any warm bodies with working (for now) limbs. Now they've got plenty of otherwise-unemployable Americans as soldiers, and they need officers. Hello, creative underclass!

Spotted

cityfile · 08/03/09 08:20AM

Mischa Barton walking her dogs, Charlie and Ziggy, after getting a cut at Sally Hershberger's salon on Friday afternoon ... Kate Hudson looking at puppies with son Ryder at a pet shop in the West Village ... Courtney Love walking in SoHo ... Drew Barrymore and Justin Long hiding under an umbrella on the set of Going the Distance ... Channing Tatum leaving the Waldorf Astoria ... Taylor Momsen walking through the rain to attend the opening of the Sephora in Times Square ... Selena Gomez listening to her iPod outside ... Russell Brand and Jonah Hill shooting scenes for Get Him To The Greek in Central Park ... and Mischa Barton leaving a party at the Cooper Square Hotel last night.