The Lamest Teen Moral Panic Ever

Pareene · 05/28/09 09:46AM

In the good old days of the culture wars, your teenagers, after years of being raped by Satanist daycare workers, were all organizing "Rainbow Parties" and smoking weed three times more powerful than the stuff you smoked all the time in high school. Now they are just hugging?

CIA Now Pinning Its Hopes On Unemployed Wall Streeters

cityfile · 05/28/09 09:27AM

It seems the CIA is looking for unemployed investment bankers and hedge fund managers to put their "intelligence" to work for the good of the nation and track down a few terrorists. Want more info? "Private interviews are set for June 22 at a secret Manhattan location. Don't call, the CIA says, just e-mail your information." The email address to submit your resume isn't listed in the Post article, unfortunately. Presumably you try applying using the CIA's online resume submission form. Although if you're going to be expected to nab a bunch of cunning members of Al Qaeda—and save us all from harm in the process—you should probably be able to dig up an email address, shouldn't you? [NYP]

A Rental For Rihanna, Dreier Pad On the Auction Block

cityfile · 05/28/09 08:59AM

• Rihanna is close to signing an $18,000-a-month lease for a penthouse at 92 Greene Street. Originally listed at $22,000 a month, the 2,300-square-foot pad comes with three bedrooms, three bathrooms, a sitting room, and a 500-square-foot terrace. [NYP, PDE]
• If our tour of disgraced lawyer Marc Dreier's One Beacon Court pad a couple of months ago happend to tickle your fancy, be advised it goes up for auction on July 21 at 1pm. [Maltz Auctions via Curbed]
• A full-floor apartment at the former Stanhope Hotel at 995 Fifth Avenue has sold for $17 million, down a stunning 45 percent from the original asking price of $31 million. [Real Deal]

Time Warner Officially Breaks Up With AOL

cityfile · 05/28/09 08:36AM

As expected, Time Warner CEO Jeff Bewkes announced this morning that it plans to spin off AOL, a move that puts the final nail in the coffin of one of the most disastrous mergers in history. But if the mechanics of the deal strike you a little too complicated, The Times Bits blog has outlined it in easy-to-understand celebrity tabloid terms:

Vice Sells Out Un-Ironically

Hamilton Nolan · 05/28/09 08:35AM

Vice Magazine is trying to be the coolest magazine in the world and, simultaneously, the biggest bunch of sellouts ever to walk the streets of Williamsburg, in an effort to see if it's actually possible to bend over backwards far enough to give a blowjob to oneself.

Chace Crawford Hooks Up in The Hamptons With Swimsuit Models

The Cajun Boy · 05/28/09 07:51AM

Chace Crawford has a new swimsuit model love interest, Susan Boyle freaks out in a fit of rage on strangers and cops in London, Jon and Kate are manipulating their kids, Rihanna will get virtually naked in a new Kanye video, and Anna Wintour wants to be ambassador to Britain.

Happy Birthday

cityfile · 05/28/09 07:23AM

New York's 107th mayor—and the most famous drag queen in the city's history—is officially a senior citizen. It's Rudy Giuliani's 65th birthday today. Others celebrating: Brooklyn DA Charles Hynes is turning 74. View co-host Elisabeth Hasselbeck is 32. Gladys Knight is turning 65. Kylie Minogue is 41. Mark Sanford, the Governor of South Carolina, is turning 49. And singer John Fogerty (Creedence Clearwater Revival) is 64 today.

Britney, Brown, & The Arrival of Prince Harry

cityfile · 05/28/09 06:47AM

• A recent Elle photoshoot with Britney Spears turned out to be a bit messier than expected. [P6]
• A photographer has filed suit against Chris Brown. He's claiming the singer's bodyguards beat him up when he tried to take pics of Brown in March. [Us]
• Is Anthony Weiner engaged to Huma Abedin? [P6]
• Jay-Z is supposedly in talks with Lyor Cohen to set up a new record label at Warner Music. [NYDN]
• Chace Crawford may be having a fling with 19-year-old Sports Illustrated swimsuit model Esti Ginzburg. [P6]
• Jane Fonda knows how to travel. She pretends she's injured so she can cruise through security in a wheelchair, apparently. [NYDN]
• Get ready: Prince Harry arrives in NYC tomorrow. [NYDN]

Wall Street's Worst CEO Is Also Third Highest-Paid

cityfile · 05/28/09 06:24AM

"Citigroup Chief Executive Officer Vikram Pandit weathered almost six hours of grilling from shareholders at the bank’s annual meeting on April 21. He had a lot of explaining to do: The company lost $27.7 billion in 2008 and stayed afloat only with help from a $45 billion government bailout. Even as his bank was floundering, Pandit in 2008 earned $38 million in salary and stock, No. 3 among the best-paid CEOs of the top 50 U.S.-based financial companies, according to data compiled by Bloomberg. In February, Pandit told a congressional committee that, starting in 2009, he would take just $1 in annual salary until the bank is profitable again. 'I get the new reality,' he said." Clearly! [Bloomberg]

Wall Street: Thursday Morning

cityfile · 05/28/09 05:55AM

• Famed hedge fund manager Art Samberg has announced plans to shut down his firm, Pequot Capital Management, after an investigation into possible insider trading at the firm was revived. [NYT, WSJ]
• One person sweating bullets about Pequot's collapse: Morgan Stanley CEO John Mack, who was tied to the mess when it first surfaced in '06. [BI]
• Citigroup is negotiating with the SEC to settle claims it misled investors by not disclosing the extent of its troubled portfolio of mortgage assets. [WSJ]
• Top Obama officials are pushing to create a "banking czar" job. [WSJ]
• The government program designed to help banks get rid of the bad loans on their books "is stalling and may soon be put on hold." [WSJ]

Kanye West Doesn't Read, Only Co-Writes Crap Books

The Cajun Boy · 05/28/09 12:36AM

Despite being the son of an English professor, maniacal all-caps blogger Kanye West claims he's a "proud non-reader," though he's co-written a book of "Kanye-isms" that he thinks you should totally read. It's 52 pages long, some of which are completely blank!