Matt Drudge By the Numbers
John Cook · 07/13/09 12:50PMHarvard Whizzes Invent Concept of 'Beats'
Hamilton Nolan · 07/13/09 12:50PMBusinessWeek, Brüno, Bernie & Jared Kushner
cityfile · 07/13/09 12:39PM• Looking to buy a struggling business magazine that's losing advertisers right and left? You're in luck. McGraw-Hill has put BusinessWeek up for sale. [BN]
• The hottest interview in TV-land right now? Bernie Madoff, naturally. [B&C]
• Not such great news for the television biz: Most networks are experiencing a double-digit drop in summer ratings compared to last year. [USAT]
• MySpace is no longer a "place for friends." (That's what Facebook is for.) It's a Web site "for accessing entertainment and related information." [WSJ]
• Former Observer reporter Gabriel Sherman takes a look at Observer owner Jared Kushner in this week's issue of New York. Among other things, Kushner says he found the paper "unbearable" until he bought it. [NYM]
• Brüno's $30 million gross made it No. 1 at the box office this weekend. [THR]
Rattner Nudged Out the Door
cityfile · 07/13/09 12:26PM
It's the of the line for Steve Rattner, the high-profile financier who once managed Michael Bloomberg's fortune, was once rumored to be a candidate for Treasury secretary, but ended up with responsibility for President Obama's auto task force instead. Back in April, the private equity firm that Rattner co-founded, Quadrangle Group, was tied to the pension kickback scheme now under investigation by Andrew Cuomo; now comes word that Rattner is out of a job and heading back home: "The administration said Mr. Rattner decided to return to private life and his family in New York City." [WSJ]
Everything Wrong with the Internet in One Gaming Banner Ad Campaign
Ryan Tate · 07/13/09 12:09PMWhat's Good For Goldman Sachs Is Good For America(ns Employed by Goldman Sachs)
Hamilton Nolan · 07/13/09 11:58AMMark Russell's Son Becomes Folksily Patriotic Rentboy
Richard Lawson · 07/13/09 11:40AMPaula Froelich Moves On
cityfile · 07/13/09 11:39AMDavid Brooks Has a Hilarious Story About Being Groped by a Senator
Pareene · 07/13/09 11:27AMHe is talking about how Senators are lonely, and desperate for love, or something.
Drink Yer Flies
Hamilton Nolan · 07/13/09 11:20AMWhen Hedge Funders Win, We All Win
cityfile · 07/13/09 11:18AM
You may still be dealing with the nasty effects of the economic downturn, but the pain and misery appears to be over for the hedge funders who were forced to momentarily put off plans to buy a new jet or private Caribbean island earlier this year. The Post reports the first six months of 2009 were very good for the likes of Steve Cohen, Paul Tudor Jones, Phil Falcone, and John Paulson as "hedge funds overall turned in their best performance in a decade, with funds up 12 percent through the end of June." Before you immediately brush this off as just another example of the rich getting richer while the less fortunate continue to struggle, consider four reasons why it's actually great news that Phil Falcone may end the year with a net worth north of $3 billion:
Exposed: Mystery Googler With Movie-Star Apartment
Ryan Tate · 07/13/09 11:06AMSome Kid's Media Mash Note is Hottest Thing on Wall Street
Hamilton Nolan · 07/13/09 11:05AMBrüno's Package Disappointingly Small
Richard Lawson · 07/13/09 10:51AMRuth Madoff: Incognito, Nervous
cityfile · 07/13/09 10:39AM
A tipster writes in to say she saw Ruth Madoff late last week: "Saw Ruth Madoff on Thursday at 5pm on chambers street on the corner of Greenwich in Tribeca. Wearing slacks, sweater, and loafers. Also had on dark sunglasses, but I know for sure it was her. Looked upset and was walking in a hurry." It's unclear where she was in such a hurry to get to. That rendezvous at California Pizza Kitchen, perhaps?
Perez Hilton Hits Arturo Gatti While He's Down
Hamilton Nolan · 07/13/09 10:21AMAli Wise Gets Technical
cityfile · 07/13/09 10:13AM
Ali Wise's lawyer is responding to the charges she hacked into the voicemail account of fellow social butterfly Nina Freudenberger. Attorney Mark Jay Heller says Wise didn't do anything wrong—or at least commit the crimes she's been accused of—since the charge of eavesdropping only applies to conversations that were overheard and/or recorded, not voicemails. And she couldn't have engaged in "computer trespassing" if phones—and not computers—are involved: "He [Heller] said authorities had misapplied new laws governing technology. The eavesdropping charge should be dismissed because, among other reasons, Wise had not overheard or recorded a conversation, Heller said. Of the computer trespass charge, he said authorities had not alleged or proven, 'that Ali engaged in any 'unauthorized' conduct in conjunction with a computer or computer service.'"










