Our 2009 cocktail coverage begins now, and how better than with a combination of vodka and martini-glass pyramids? A bunch of GE coworkers are taking a vacation day–”We got laid off!” one joked, and no one laughed–and enjoying their Grey Goose.
So how are the martinis? “Extra dirty!” our new friends joked.
“You get three Read More
For the past year, the media universe has been filled with rumors that General Electric would sell NBC Universal after the conclusion of the Beijing Olympics, which kick off this coming Friday night.
But today Reuters reports that many major Wall Street investors now see the sale as unlikely.
"What’s changed their Read More
The Wall Street Journal is reporting that G.E. and Pearson are exploring a joint bid to buy Dow Jones, Inc.
Early armchair analysis: The deal would put the two companies, which collectively control CNBC, The Financial Times and a part of The Economist, together with The Wall Street Journal, Read More
Tomorrow is the deadline for all state comptroller candidates – real and rumored – to file paperwork with the state in advance of interviews on January 23 with the legislature and an independent screening panel.
The procedures were announced in a joint statement from the Assembly and Senate which explained that candidates Read More
Assemblyman Richard Brodsky, who is one of several candidates jockeying for the state comptroller position, took a moment to explain that unlike what most people think the job isn’t that of a stock picker.
“The last thing in the world you want is the comptroller picking stocks,” Brodsky told me. Read More
In this weekend’s Big Deal column, William Neuman reports that hedge fund manager Joseph M. Jabobs recently purchased a condo at 1 Central Park West for $13.6 million. But he does not mention the seller: General Electric.
The 46th Floor spread was a floor below the previous home of former G.E. chief Jack Read More
The Soul of Capitalism: Opening Paths to a Moral Economy , by William Greider. Simon and Schuster, 366 pages, $28.
Not long into the last century, Cicero McClure, a farmer in Western Pennsylvania, started a second job as a night watchman. After a hard day of plowing and tilling the fields, he would take himself Read More
To the satisfaction of many, the bitch got hers. That’s how many people reacted to the news that Martha has been indicted for a trashy bunch of unimpressive federal charges. Martha is a bitch.
Even in her made-for-TV movie, they have scenes of Martha being richly bitchy to others, especially underlings. Stories abound of Martha Read More
Recent news reports should give a small measure of satisfaction to the hundreds of thousands, or possibly millions, bilked by Wall Street stock analysts. Those are the men and women who corruptly enticed people to put their money into wormy, worthless securities being peddled by the analysts’ employers. Stock-analyst jobs, like the bib-overall jobs from Read More
In the days just after Sept. 11, Jim Martin searched for God in the wreckage and suffering of Ground Zero. For some, and maybe even for many, his was a most unlikely mission. But, he says, it was successful-far more than he would have imagined.
Jim Martin is a 41-year-old writer, magazine editor and Roman Read More