There is a place where smart bears gather. There is a place
where conservative investors with literature degrees, CNBC-hating index wonks,
articulate doomsday types and students of financial arcana get together to
commiserate and, these days, to lick their chops. It is called the Grant’s Interest Rate Observer Spring
Investment Conference-”Grant’s Conference” for short-and it Read More
Last September, J.P. Morgan & Company stupefied the world of banking, and many within its own walls, when it announced that it was being bought by big, boring Chase Manhattan Bank. Not only was this most hallowed of Wall Street institutions giving up its treasured autonomy after more than a century, but it was giving Read More
Last spring, in the middle of shooting Spy Kids , which opens March 30, executive producer Cary Granat
vanished. As head of Dimension Films, a subsidiary of Miramax, Mr. Granat had
pulled off the absurdly profitable hits Scream
3 and Scary Movie . He was Bob
Weinstein’s golden boy. Then, suddenly, he was gone.
At Olives on a recent Friday evening, getting a table for 7 p.m. or any other hour that night–or the next, for that matter–was out of the question. Todd English’s restaurant, in the new W Hotel on Union Square, was booked solid. In fact, it was all one could do to get a beer at Read More
On Feb. 7, the Sunbeam Corporation, $3.2 billion in debt, gave up hope that it will sell enough Mr. Coffee machines, Oster blenders and Coleman camping lamps to pay all of its bills, and filed for bankruptcy. The case is likely to be one of the biggest Chapter 11′s filed in Manhattan’s Southern District this Read More
A Bush in the White House. Thin neckties. A looming
recession. If there’s any doubt the 80′s are back, how about this: the return
of Michael Milken.
Or, at least, the legacy of Michael Milken. The convicted
junk-bond swindler is being watched like a hawk by the Securities and Exchange
Commission and confines most Read More
Reese Schonfeld is not taking calls from the press these
days. He is not ready to talk about “the book.” The book, though only a couple
of weeks away from publication, is off-limits. The book, despite its
provocative title- Me and Ted Against the
World: The Unauthorized Story of the Founding of CNN -is taboo. Read More
Kerry Sulkowicz, a psychiatrist and psychoanalyst, has his hands full this time of year. And it’s not just because the holidays are tough.
Dr. Sulkowicz specializes in issues of money and power, and counts among his patients many of Wall Street’s deal-makers and market players. And these bankers and traders-members of a species not exactly Read More
Kerry Sulkowicz, a psychiatrist and psychoanalyst, has his hands full this time of year. And it’s not just because the holidays are tough.
Dr. Sulkowicz specializes in issues of money and power, and counts among his patients many of Wall Street’s deal-makers and market players. And these bankers and traders-members of a species not exactly Read More
Around 6 p.m. on Oct. 3, what was left of the equities
division of Donaldson, Lufkin & Jenrette Inc. began packing into the Supper
Club for its last official fall party. In past years, the affair could be
counted on to turn into a tipsy blast. Equities analysts and salespeople work
hard, and they take Read More
