Another Miserable Day on Wall Street

cityfile · 10/22/08 02:25PM

Stocks were pummeled once again today with the Dow shedding 500 points and the S&P falling to its lowest level since April 21, 2003. Normally at a time like this, we'd direct your attention to the blog Sad Guys on Trading Floors, or even the more recent Brokers With Hands on Their Faces. In the spirit of diversity, though, we thought we'd mix it up and introduce you to a brand new photo feature, which we're officially calling Sad Arab Traders Wearing Kaffiyehs and Holding Their Hands to Their Faces. More pics after the jump.

Your typos keep 200 Googlers employed

Alaska Miller · 10/22/08 02:20PM

Harvard professor and professional Internet gadfly Ben Edelman has released a study that says Google may be making $32 million to $50 million a year from "typosquatting," a practice in which cunning linguists register mistyped domain names in the hope that slips of your fingers will translates into pageviews and ad clicks. Why, that's enough to save the jobs of some 200 overpaid engineers from Google's otherwise-certain layoffs!Google has an advertising service, AdSense for Domains, specifically designed for these domain-name profiteers. But the company's flacks deny that such sites make money for the search engine. Maybe they should give it a try on the 9,984 domain names they do own?

Palin Shopper Is McCain Smearer

Pareene · 10/22/08 02:13PM

So the story of Sarah Palin spending $150,000 on clothes? Brother, it gets better. See, the RNC is required by law to list who exactly bought all the fancy clothes. And all the Sarah Palin fancy purchases—at Barney's, Bloomingdale's, and Saks Fifth Avenue—were made by one guy: Jeff Larson. Jeff Larson is one of the men behind FLS Connect, a Republican robocalling firm! They're famous this cycle for terrible robocalls about Barack Obama and Bill Ayers. And back in 2000, they made their name with robocalls smearing John McCain. It's funny because John McCain sold his soul and all it got him was a fancy new wardrobe for Sarah Palin. [Atlantic]

Let Bros Be Bros!

Sheila · 10/22/08 02:09PM

Much-vaunted "brocial networking" site BroBible has finally launched. The standard course to take would be to mock and tease, but we have decided that all is right and good with the bros. They have found a safe space where they cannot and should not be mocked by women and outsiders. Let men be men! And let bros be bros. Like! "Sure enough that selfish little slut decides that shes not so much as going to embark on a ski trip with your flesh pole..."Previously, we remarked that a site that aims to "share stories of weekend revelries and exchange tips on romantic endeavors" was basically all about "eHighFiving about Jaeger and pussy." Yep. But? Fine. As long as we don't hear about it! Do what you gotta do, guys. Do what you gotta do. This is the famous "Don't ask, don't tell" clasue in action. Um, like this. Again: we know what goes on, both in and outside of your minds, but we just don't want to have any evidence of it. (Guess that's why bros have to have a login name.) So our fake BroBible alias, "Brant," is gonna go ahead and log off... now.

STV · 10/22/08 02:06PM

Prison Break: Die Hard director John McTiernan is the latest celebrity to clear jail waivers this week after the 9th Circuit Court of Appeals vacated his four-month prison sentence for lying to federal investigators in the Anthony Pellicano case. McTiernan, who at first denied hiring Pellicano to wiretap his Rollerball producer Charles Roven, pled guilty to the charges last year; soon after, he appealed to withdraw the plea on the basis of inadequate legal counsel and, in his words, "All this for Rollerball? Have you seen Rollerball?" Free to direct again, he has since been sentenced to four years of B-pictures, with time off for good behavior. [AP]

Casual Sex at Ground Zero, Anyone?

cityfile · 10/22/08 02:02PM

Here's another quasi-useless application powered by Google Maps: HookupMaps.com plots out the "casual encounters" section of Craigslist, so you can now see precisely where all the ugly people are getting busy in real-time. As for the person looking for a little excitement at Ground Zero, it's a "BBW looking for West Indian man," just in case you're interested and you meet the criteria. [HookupMaps via CNET]

Facebook's Randi Zuckerberg moonlights for Tina Brown

Owen Thomas · 10/22/08 02:00PM

In New York, the notion that the girl in marketing really wants to be a Broadway singer is taken for granted. In Silicon Valley, it's seen as a bit bizarre. But I'm charmed by Facebooker Randi Zuckerberg's career aspirations. Her singing-and-dancing sideline, first seen in "Valleyfreude," has waxed and waned with the demands of her day job. (Yes, her younger brother, Mark, is her employer.) But she's back with a paean to undecided voters, "Should I Red or Should I Blue?", which she produced (and sang) for Tina Brown's overstaffed, undertrafficked website, the Daily Beast.Something about this arrangement smacks of social climbing. But who's climbing whom? Randi Zuckerberg, one of Facebook's early employees, who helped the site grow to 100 million users? Or a has-been magazine editor, famous in Manhattan but nowhere else, grappling with how to adapt her outrageous spending habits to a far leaner medium, and leaned on her pal Barry Diller to fund and launch the site, rather than trying the entrepreneurial route? From a Left Coast vantage point, it looks like Brown is trying to attach herself to Zuckerberg's star, not the other way around. Zuckerberg, cleverly, registered her own website, shouldiredorshouldiblue.com. A wise hedge, should Brown's website go down in expensive flames.

Things To Do With $100 Million

Hamilton Nolan · 10/22/08 01:59PM

Three years ahead of schedule, Columbia J-School has met its goal of raising $100 million, thanks in part to a $20 million donation from John Kluge, a rich man who values Ivy League schools over starving children in Africa. The school plans to increase scholarships, start an "academic center focused on the coverage of race and ethnicity," and also get started on the big "Center for Internet Journalism," which will finally teach young people how to write things online. A worthy use of $100 million if there ever was one. Nick Lemann can afford to buy enough paper for his long memos, with enough cash left over to Make it Rain on Them Hoes, if he so chooses. Meanwhile, less upscale schools are forced to do things like this to raise money: The alumni office at Framingham State University recently sent out a fundraising letter that attempted to be cool and appeal to "Generation X" by using the word "blah" 137 times.

Ashley Olsen, Habitual Line Cutter

Douglas Reinhardt · 10/22/08 01:55PM

Click to viewBoomp3.com Pint size media mogul Ashley Olsen took further advantage of her mogul status as she cut through the line at LAX early on Tuesday morning. In addition to moving ahead in line, Olsen did not have to crawl on her hands and knees to breeze past the rest of the line. Olsen said, "Airport lint is hell on my jeans." [Photo Credit: Bauer-Griffin] *A Call To The Bullpen is a work of fiction. Although the pictures we use are most certainly real, Defamer does not purport that any of the incidents or quotations you see in this piece actually happened. Lighten up, people ... it's a joke.

Mid-Week Party Report

cityfile · 10/22/08 01:48PM

♦ Last night Karl Lagerfeld was in town to celebrate the Chanel Mobile Art exhibition with a cocktail party in Central Park. Undeterred by the chilly weather and/or enticed by the chance to be photographed in Chanel: Kate Bosworth and James Rousseau, Glenda Bailey, Linda Wells, Agyness Deyn and Albert Hammond Jr., Zac Posen, Dasha Zhukova, Peter Davis, Helena Christensen, Terry Richardson, Eve, Ann Dexter-Jones, Boykin Curry and Celerie Kemble, Cory Kennedy, Victoria and S.I. Newhouse, Terry Richardson, Julie Macklowe, Debbie Bancroft, Katie Lee Joel, Tiffany Dubin, Kim Raver, Christopher and Amanda Cutter Brooks, Fabiola Beracasa, Amy Astley, Stefano Tonchi, Sarah Jessica Parker, Carine Roitfeld, Julia Restoin Roitfeld, Kate Schelter, Ferebee Bishop Taube, Luigi Tadini, Eleanor Ylvisaker, Jackie Astier, Fran Lebowitz, Justine and Jeff Koons, Genevieve Jones, David Hershkovits, Kate Schelter, Sophie Auster, and Vidal Sassoon. [The Daily, PMc, GoaG]

Meditating For Success

cityfile · 10/22/08 01:36PM

How are companies like Google and Goldman, Sachs keeping employees calm during these tough economic times? They're offering up meditation programs and classes to soothe frayed nerves. But it doesn't just keep workers from jumping off the room. "Meditation helps develop your abilities to focus better and to accomplish your tasks," says the founder of Green Mountain Coffee, who also points out that shares in the company have climbed 267 percent over the past four years. [Bloomberg]

Republican Cheerleader Elisabeth Hasselbeck Booed On 'View' For Second Day in a Row

Kyle Buchanan · 10/22/08 01:35PM

We must admit that when we turned on the television this morning and heard the words, "Today on The View: Bill O'Reilly," we knew it would take more than a loofah to scrub the ensuing political confrontations out of our brains. Still, despite the fact that O'Reilly straight-up called Barack Obama a Communist, the real fireworks came before his arrival, as Joy Behar and Elisabeth Hasselbeck hashed things out sans the careful moderation of Whoopi Goldberg (who was sick at home today).After Elisabeth claimed that she entertained the thought of voting for Obama following his DNC speech, Joy demurred with a sarcastic "Oh, come on." The resulting "Call me a liar then, Joy!" instantly kicked things into the high-pitched crosstalk zone we know and love from The View, with Elisabeth eventually serving Joy with a mug full of "Barack Obama Kool-Aid" (producing a vocal audience revolt against Elisabeth for the second day in a row). There may be less than two weeks until the election, but how long until Elisabeth finally uses that mug she keeps brandishing on the audience?

Pedophile defender issues Wikipedia for children

Owen Thomas · 10/22/08 01:20PM

When someone announces that they're doing something for the children, one is supposed to applaud dutifully and not ask questions. So it goes with the Wikimedia Foundation's latest announcement. The nonprofit parent of Jimmy Wales's Wikipedia has issued a new edition of the online encyclopedia, carefully screened and selected for children. The question Wikimedia doesn't want anyone to ask: Has the foundation's employees been screened and selected just as carefully. Erik Möller, Wikimedia's deputy director, has a troubling past history of defending pedophilia. He oversees the volunteer administrators who direct the editing of the site's content. Should this not give teachers pause, before they accept Wikipedia as part of the curriculum? (Photo by Schools Wikipedia)

The Fake Journalist Party Crasher Guide

Hamilton Nolan · 10/22/08 01:14PM

Early-to-rise AM New York takes a look today at an issue that will only grow more pressing as the economy sours and humans scavenge the city ever more voraciously for food: people posing as journalists to get into events—events where there will be free food, and drink, and warmth. The story is fundamentally an excuse for AMNY to shout "We're onto you!" at "Robert Miller," some dude who goes around town trying to crash events by posing as an AMNY reporter. Dude, bad idea for so many different reasons. But the larger issue is valid: how can flacks be sure they only kowtow to real reporters? And how can ordinary jerks crash parties reserved for media jerks only? Both questions answered in full, below: Flacks: Is this person a real reporter? Ask yourself these questions: 1. Is he poorly dressed? If so, you're probably dealing with an authentic journalist. Also a good option: Google the name on your little Blackberry, for chrissake. Do you find links to articles the person has written on the website of the news publication where he claims to work? Bingo, you've cracked the case. For regular people trying to pose as journalists to score some of those sweet spring rolls, mini-cheeseburgers, and signature cocktails named for the event sponsor, just follow these simple rules: 1. Dress poorly. 2. Act haughty and self-important. 3. Walk right in, acting surprised that they don't know who you are. 4. Claim to work for a blog. They can't call your boss. 5. Claim to be a freelancer. They can't call your boss. 6. Gaze into the crowd; wave randomly towards the back and shout, "Harvey!" Chuckle. Turn back to flack and say, "Now what's the problem here?" 7. Threats, threats, threats. If all else fails, pose as a UPS deliveryman. Those guys get in everywhere. [AMNY via PRNewser]

Gary Busey Admits He's Done Coke Off A Canine Hooker's Back

Seth Abramovitch · 10/22/08 01:12PM

Fans of Celebrity Rehab's first season will recall it featured several breakout recoveries, including those of failed hip-hop superduo Vikki & Kenickie, as well as the addictionless Joanie "Chyna" Laurer, who right up until CR commencement exercises refused to reveal the enigmatic circumstances that led her into the program. Tomorrow night, the second season premieres on VH1, but a preview already posted online suggests that Gary Busey—who's made it clear his involvement is strictly as mystical, recovering-coke-fiend mahatma to the other patients—could wind up contributing more story-editor-nip drama to the proceedings than spiritual guidance.In the following video, the actor describes his ongoing struggles with Bolivian marching powder, reaching near Marcia Brady-levels of desperation and interspecies-sexual-favor-trading in order to get his hands on the stimulant. When time comes for check-in, rehab tech Shelly finds an agitated and uncooperative Busey unwilling to part with essentials like mouthwash, mobile phones, and large bags of weed, while minutes later a concerned Dr. Drew listens compassionately as a broken Busey relays the time he snorted blow off his own dog's back. Helluvuh drug.

This is your brain on tech

Adriana Nunez · 10/22/08 01:00PM

Remember when the only downside to excessive typing was carpal tunnel? Now, experts predict fundamental changes to how we read, think, and learn, all thanks to our technological obsessions. To better understand your changing brain, head to Wilson Sonsini for "iBrain: Surviving the Technological Alteration of the Modern Mind" tonight at 7 p.m. If you want more than a superficial understanding of touch screens, IxDa-SF will be at Particle looking at "Multi-Everything: Multi-touch and the NUI Paradigm" starting at 6:30 p.m. And if a one night isn't enough for you, get your fill of fully immersive environments at the Artificial Intelligence and Interactive Digital Entertainment Conference at Stanford. Game Developers and academics are getting together through Friday to discuss everything from realistic human characters, social intelligence, and Spore! (Photo by Liz Henry)

We Want To See the Unedited Version of Peaches Geldof's First Nylon Column

Sheila · 10/22/08 12:58PM

To answer someone's question of "and who praytell is Peaches Geldof?" It's "she is the latest It Girl foisted upon us, and we hate to snowball her semi-fame into a larger fameball by covering her, but the newshole is only so big, and we gotta write something." And also: "daughter of washed-up Irish rocker Bob" and the late Paula Yates. As we said, she's 19 and a little cokey and just moved here from London with her new husband to write/model at downton fashion mag Nylon, which we are sure pays very well! She's written her first column! And it is poetic. It's about the sunset and the Williamsburg bridge and how it feels when you're taking a cab over the bridge at night. New York is a magical place—and teen British expats understand this perhaps more poignantly than us cynics.

Empty Desks, Fire Sales, and Other Signs of the Weinstein Apocalypse

STV · 10/22/08 12:50PM

There aren't a lot of wheels left to fly off at the Weinstein Company, where as many as five executives are now expected to have made their exits by the end of the year. Add on the news that its previous Oscar hopeful The Road is officially shelved until 2009 while Bob Weinstein reportedly invests upward of $60 million in straight-to DVD releases for next year (a market he badmouthed as recently as last week), and your Weinstein DeathWatch countdown may have just acquired new, accelerated momentum. Watch the casualties mount after the jump.Today's Hollywood Reporter notes that TWC's bosses of acquisition and production Michelle Krumm and Maeva Gatineau left through the back door at the beginning of October, while production execs Michael Cole and Carla Gardini will follow with marketing VP Gary Faber in short order. All were Miramax veterans at the end of their first contracts with TWC. Harvey says he intends to replace them, and with Inglourious Basterds [sic] currently shooting in Germany and Rob Marshall's musical Nine on the way soon after, face-value presumes to believe him. But we'd much sooner believe he'd sell the operation for parts — Basterds, Nine, the just-shelved Forest Whitaker drama Hurricane Season, Fanboys, Shanghai and anything else Fox Searchlight, Focus Features, Flopz™ or another willing suitor can squeeze into a shopping cart on a 60-second spree through the storage locker. (Sorry, though, Lifetime — you still can't have Project Runway.) Even if The Reader can surmount its rush-job ego drama to make a legit awards-season run, whatever prestige accompanies it will wind up attributed to everybody but poor Harvey. It's almost pitiable. Almost. In the end, the Weinstein brothers' public incompetence is really too willful to lament and too insistent to shock. Take today's Variety item, for example, in which Bob Weinstein, whose genre arm Dimension has itself survived without a production president since buying out Richard Saperstein last year, announced a greenlight for 18 titles to be produced this fall and released to straight to the Dimension Extreme DVD label in 2009. (This coming the same day Dimension shelved its Cormac McCarthy adaptation The Road indefinitely.) They're all franchise installments or remakes — Pulse 2, Midnight Man 2 and 3, Children of the Corn, Chapter XXIV, etc. — budgeted between $3 million and $6 million. “Having learned how profitable a video library is and having already found great success launching franchises on video, this was a natural and obvious progression,” Bob told the trade. Contrast that with his appearance sitting in for Harvey last week at Nielsen's Media and Money conference, where the Reporter cited his bearishness toward a "dwindling DVD market" and the vague hope that he might be lucky enough to exploit that library — not $75 million in new productions — through VOD and Web downloads. Is the Weinsteins' output deal with Showtime richer than we thought? And with almost as many empty desks as delayed titles left in the office, who is selling these films? How are they even getting made? That said, Zack and Miri Make a Porno will probably open in the Top 3 next week with little more than stick figures on its poster and morbidly obese Kevin Smith regaling America with his stories of broken toilets, so what do we know? As you were, Harvey, we guess.

Bruni on Allegretti, Richman on Corton

cityfile · 10/22/08 12:49PM

♦ Frank Bruni reviews Allegretti this week and gives it two stars: "Although some dishes are overwrought, with an ingredient or two too many, and a few utterly miss their mark, more are executed with finesse and with a wicked sense of indulgence." [NYT]
♦ Alan Richman is pleased with Paul Liebrandt's Corton, reserving special praise for its sous vide chicken. [GQ]
♦ A report on how restaurants across the country are coping with the downturn. [NYT]