The Art of Going Bust
cityfile · 05/18/09 02:14PM
Is Donald Trump really a billionaire or is it all smoke and mirrors? Details about Trump's true net worth are emerging in a New Jersey courtroom as Trump goes head to head with Tim O'Brien, the author of 2005's TrumpNation: The Art of Being the Donald. In his book, O'Brien had the nerve to suggest the real estate mogul was only worth between $150 and $250 million; Trump, enraged by the estimate, fired back with a $5 billion defamation lawsuit. At the time, Trump explained that the size of the suit was based on what he was actually worth, although as depositions in the case now show, Trump wasn't exactly sitting in front of an Excel spreadsheet as he tallied up his assets. (At one point, he said that he relied on "mental calculations" to come up with his figure.)
Viacom Has 22 Reasons Not to Pay You
Hamilton Nolan · 05/18/09 02:02PMLars Von Trier Is the Best Ball-Banging Director in the World
Joshua David Stein · 05/18/09 01:56PMThese Teens Are Our Sorry Future
Ryan Tate · 05/18/09 01:32PMNBC's Today this morning introduced us to some tech-addled teens who were helpless without their mobile phones. Let's all point and laugh, and cry.
The 'J' in 'Journalismism' Is For 'Jobless'
Hamilton Nolan · 05/18/09 01:28PMTavern on The Green's Withering Future
Joshua David Stein · 05/18/09 01:13PMTim Gunn Has Three Words For America's Youth
cityfile · 05/18/09 01:06PM
It's commencement season, which means a long list of celebrities and TV personalities will be heading to college campuses over the next few weeks to impart their wisdom on the future of America. But sharing useful advice with graduating seniors currently in a state of panic over the the bleak job market isn't easy when you're a celebrity earning millions a year, a fact made clear when Oprah appeared at Duke last weekend and told the crowd how happy she is now that she owns a private jet. Fortunately, other TV personalities have more appropriate speeches in store.
"I... I Don't Know Where His Hand Is Either."
Richard Lawson · 05/18/09 12:57PMWake Us When Wolfram Alpha Can Solve an Actual Problem
Ryan Tate · 05/18/09 12:50PMDrudge Protege Flips Bird to Anti-Child Soldier Demonstrators
Pareene · 05/18/09 12:39PMNowhere is Safe From Recession Scaremongering
Hamilton Nolan · 05/18/09 12:34PMAnna Wintour in A River In Egypt
Richard Lawson · 05/18/09 12:18PMRyan Gosling: 248 Mercer Street
ericajane · 05/18/09 12:01PMTheo Spielberg, Student, Joins New York, as Intern
Hamilton Nolan · 05/18/09 11:50AMAd Declines, Dowd In the Hot Seat & The New Newsweek
cityfile · 05/18/09 11:44AM• Monthly mags continue to suffer: Ad pages have dropped by 23 percent on average, although the situation is particularly dire at Condé Nast. [NYP]
• Maureen Dowd landed in a bit of hot water after it was revealed she'd "borrowed" from blogger Josh Marshall for her op-ed column yesterday. She's since offered a (dubious) explanation and apology. [E&P, HP, Politico]
• Television networks start selling ads for the fall season today as part of upfront week, although the economy is putting a damper on things. [NYT]
• Despite few successes and many failures, NBC golden boy Ben Silverman still has a job. For how much longer, though, is anybody's guess. [NYT]
• Angels & Demons was No. 1 at the box office with a $48 million haul. [WSJ]
• If you can't find Newsweek on newsstands, that may be because the magazine has totally redesigned itself. [Newsweek, WaPo, HuffPo]














