Sumner Redstone Gets Stay of Execution
But his daughter, Shari, is not pleased with new developments.
Posted 12/17/08 in Daily Intel
The Greatest Depression
SEC Admits It Kinda Screwed Up the Madoff Thing
The Securities and Exchange Commission acknowledges its 'multiple failures over at least a decade' to stop Bernie Madoff from running a $50 billion Ponzi scheme.
Posted 12/16/08 in Daily Intel
Ballsy Crimes
Bernie Madoff: ‘In Today’s Regulatory Environment, It’s Virtually Impossible to Violate Rules’
The former NASDAQ chairman scoffed at the idea of rogue traders at a 2007 conference.
Posted 12/16/08 in Daily Intel
Ink-Stained Wretches
Some People Are Getting Bonuses This Year
Amid the carnage, some New Yorkers are taking home a little extra this year.
Posted 12/16/08 in Daily Intel
Hathaello
Raffaello Follieri Is at It Again
He's telling some of his fraud victims that he'll pay them back. But he has no money, of course.
Posted 12/12/08 in Daily Intel
Ballsy Crimes
Madoff Madness
All of Greenwich is on suicide watch because of Bernie Madoff, according to the 'Post.'
Posted 12/11/08 in Daily Intel
The Greatest Depression
City Economist Offers Heartening Words on Recession
Really! If you look closely, they're in there. We're going to beat this thing.
Posted 12/09/08 in Daily Intel
The Greatest Depression
There Will Be No Toys for Citigroup This Christmas
The beleaguered bank has put the kibosh on its annual holiday installation.
Posted 12/08/08 in Daily Intel
White Men With Money
Bank of America Trophy Wife John Thain Requests $10 Million in Walking-Around Money
The Merrill Lynch CEO has requested a $10 million bonus this year.
Posted 12/04/08 in Daily Intel
The Greatest Depression
Tim Geithner Has It in for Sheila Bair
He doesn't think the FDIC chairman is a 'team player,' according to reports.
Posted 12/04/08 in Daily Intel
The Greatest Depression
Citi Executives to Maybe Give Up Bonuses
This year, they'll spread the (government) wealth to the little people.
Posted 12/03/08 in Daily Intel
The Luv Guv
Eliot Spitzer Gets a New Gig
The former governor will write a new column for Slate starting tomorrow.
Posted 12/03/08 in Daily Intel
Ink-Stained Wretches
Rangel Tries to Fight Back Against the ‘Times,’ But Gets a Beatdown
The paper published a letter from Charles Rangel alongside a refutation of every single one of its points.
Posted 12/02/08 in Daily Intel
White Men With Money
Jared Kushner and Pa Targeted by Kind of Gay Lawsuit!
A former Kushner employee complains that funds from real-estate deals were siphoned to the 'Observer' and to Jim McGreevey's boyfriend!
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