McCourt Not Expected to Survive
cityfile · 07/16/09 12:43PMReal World Cancun: Love Conquers Nothing
Richard Lawson · 07/16/09 12:43PMOhhh tittery tee! Wittery wee! Blittery bee! Love is in the air in old Cancun, that ancient Spanish settlement of creeping moss and nightclubs the size of airplane hangars. Straights found love, gays found love, everyone found love. Except me.
Microsoft Exec Received His 'Single Greatest Phone Call' from Apple over Ads
Ryan Tate · 07/16/09 12:25PMElites (Suckers) vs. Normals (Fat Poors)
Hamilton Nolan · 07/16/09 12:06PMThe Only Good News Is At Goldman
cityfile · 07/16/09 12:05PM
The unemployment situation in NYC isn't improving. The city's jobless rate jumped to 9.5 percent last month, which is almost double what it was a year ago and the highest it's been since July 1997. But there is some good news for unemployed Wall Streeters: It looks like banks are beginning to hire again. Of course, the very best news is reserved for people who happen to be employed by Goldman Sachs, who are on track to make $1 million this year, on average. If you fall into that last category, rest assured that everyone else in NYC is totally thrilled about your good fortune, isn't the slightest bit jealous, and only wishes you the very best. Promise! [Reuters]
Ivanka Trump and Jared Kushner Totally Get to Do It Now
Richard Lawson · 07/16/09 11:52AMYou Are Now a Birdwatcher
Hamilton Nolan · 07/16/09 11:12AMSteve Jobs, Coldplay Groupie
Ryan Tate · 07/16/09 11:05AMWait, Is Tyler Perry Jewish?
Natasha VC · 07/16/09 11:05AMThe Future Mrs. Ivanka Kushner
cityfile · 07/16/09 11:01AM
Ivanka Trump and Jared Kushner are engaged. Jared proposed last night, news that Ivanka sent out via Twitter this morning (not that it's stopping Us Weekly for taking credit for the "exclusive.") Now for the big question: Will the wedding be at the Trump International Hotel & Tower in NYC, the one in Vegas, the one in Chicago, the one that might open one day in Soho, or perhaps at one of Donald's golf resorts? At least you can rule out the Trump Taj in Atlantic City! [Gawker]
Another Bank Makes Billions. Yay?
Hamilton Nolan · 07/16/09 10:56AMThe New York Post's 61,000 Manhattan Millionaires March Against Health Care
John Cook · 07/16/09 10:38AMNew Twitter Ad System Tested by New York Times Reporter
Ryan Tate · 07/16/09 10:20AM550 Layoffs at McGraw-Hill
Hamilton Nolan · 07/16/09 10:12AMRattner Loses Again
cityfile · 07/16/09 10:11AM
Poor Steve Rattner. As if it wasn't bad enough that he's embroiled in a scandal over pension fund bribes, may face criminal charges for his role in the scheme, and was forced to step down as President Obama's "car czar" earlier this week, comes the news that he paid $4.35 million for house in D.C. just two months ago. [peHUB]
Why Is Bernie Madoff in a Southern Prison?
Hamilton Nolan · 07/16/09 09:45AMJamie Dimon's Big Quarter Will Not Go Unnoticed
cityfile · 07/16/09 09:42AM
Goldman Sachs announced record earnings the day before yesterday. Today it was JPMorgan Chase's turn wow everyone on Wall Street, announcing a $2.7 billion second-quarter profit thanks to "stellar trading and investment banking results." A few months ago, the bank had accepted $25 billion in bailout cash. Now the Jamie Dimon-led bank is "emerging with renewed confidence," reports the Times, and it's "taking advantage of the financial crisis to vault ahead of longtime rivals in the investment banking rankings and grab market share in mortgages and retail banking." When Goldman shared its good news with the world, we wondered if the bank had an exciting party planned. (It didn't.) We didn't bother to ask Dimon's people if they were planning to live it up this evening. Jamie's too cheap to treat anyone to anything fancy, clearly. But he is the kind of guy who would happily rub his good news in the face of the competition!












