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Nick Paumgarten

The Sheffield Shuffle

It’s a tabloid truism that baseball sells papers. That’s why, in late November–with the Jets, Giants and Knicks winning and the Rangers hosting former captain Mark Messier–the back page of the New York Post on Nov. 25 was devoted to a baseball player from Florida.

The Post and the Daily News are in the Read More

How to Buy a Birdie

Mitchell Spearman is the most expensive golf pro in the world. He charges $1,500 for a three-hour private lesson, $3,000 for a full day.

Mr. Spearman has tinkered with the swings of Nick Faldo and Greg Norman, Dan Quayle and Phil Knight. But so have dozens of swing doctors with names as well known in Read More

How Wall Street Learned to Stop Worrying About the Bomb

Before dawn on Friday, Feb. 11, a bomb went off on Wall Street and nobody really cared. The professionals barely flinched, as though an explosion at the epicenter of world capitalism were a weekly occurrence.

The bombing was regarded as a curiosity-another trading-floor practical joke, involving a man with a yellow toolbox, a lit fuse Read More

Charles Schwab Shells Out for U.S. Trust

We all saw how Gerald Levin, Time Warner Inc.’s chief, stood up in front of the cameras without a necktie at the Jan. 10 announcement of the sale of his company to America Online Inc. It was a symbol of his acquiescence to the new economy and the ascendance of the Internet. He’d been taken Read More

The Contrarians Have a Doomsday Chat

Three eloquent bears gathered for breakfast on Dec. 15 in an executive dining room atop the Morgan Stanley Dean Witter building in Times Square. The three bears were Barton Biggs, Morgan Stanley’s chief global strategist; James Grant, editor of Grant’s Interest Rate Observer ; and Alan Abelson, the editor of Barron’s .

The Observer had Read More

Love and Advil in Queens: Everybody Wants a Piece

Each day during the U.S. Open, Michael Barkann, USA Network’s roving announcer, scours the grounds of the National Tennis Center looking for stories. Mr. Barkann, who hosts a late-night cable talk show in Philadelphia, has been doing the Open for nine years. Dressed in a blue blazer, khaki pants and white K-Swiss tennis shoes, he Read More