Prognosticators

psychic 1

You Too Can Trade the Future of the Future with the New Psychic Friends Network

Remember the Psychic Friends Network? The company rode the boom in infomercials in the early-1990s, $3.99/minute charges and Dionne Warwick’s mysterious allure to a $23 million profit in 1995. Three years and one Stephen Glass Harper’s feature later, the company filed for bankruptcy, claiming $1.2 million in assets against $26 million in liabilities.

Well, the future is back. According to an investor presentation filed with the Securities and the Exchange Commission yesterday, Psychic Friends Network is gearing up for a second act; in fact, PFN 2.0 is already in soft launch, with—pending a capital raise—a full marketing campaign planned for early next year. Read More

Opening Shot

Boehner and Obama.

As the Debt Ceiling Rises, the Dow Drops

It would almost seem that the stars had finally aligned. After weeks of stalled talks and contentious meetings between House Republicans and Democrats that escalated into a public spat between Speaker John Boehner and President Obama, a bill finally made it through the House and into the Senate, where it was speedily approved Tuesday morning Read More

The Transom

Isn’t it Tisch? Odd Bedfellows Denise Rich and Elie Wiesel Hype Hotelier’s New Book

“Hey, that’s Elie Wiesel,” said NYPD detective turned big-time security consultant Bo Deitel. Mr. Deitel was standing by the bar during the party for Loews Hotel chief executive Jonathan Tisch’s new book, Chocolates on the Pillow Aren’t Enough, at the Four Read More

Never Too Much

Ratings are in for NY1′s two-and-a-half hour live coverage of this past Friday’s memorial service for Luther Vandross: The event drew a 1.2 rating, a whopping figure for the station in the afternoon time slot.

The all-star sendoff–featuring Aretha Franklin, Dionne Warwick and Stevie Wonder–was seen by an average of about 89,200 households, with Read More