American banks are on a massive crime spree. Obama and Romney hope you won't notice.
"It's been a difficult ordeal for my family."That's what a Morgan Stanley big-wig told reporters outside of a Connecticut courtroom this afternoon after charges that he stabbed a Middle-Eastern cab driver in a drunken rage were dropped.But the charges weren't dropped because there was overwhelming e ... More >>
In the battle over gay rights, dissent during wartime isn't always tolerated
So, Morgan Stanley really took it on the chin in the PR department this week...The public relations beat-down is the result of two of the financial giant's employees' suspected involvement in two fairly serious, but unrelated, crimes -- in one case, one of the company's bigwigs pleaded not guilty ... More >>
A top honcho at Morgan Stanley, William Bryan Jennings, has been charged with stabbing a Middle Eastern cabbie with a pen knife and using racial intimidation, cops say. The banking behemoth says that the Americas co-head of fixed income and capital markets has since been put on leave, according to ... More >>
Documents tying the CIA to the Qaddafi-led Libyan government were found in an abandoned office in Tripoli, the New York Times reports. The findings, which have not been verified for authenticity, allude to the practice of the American intelligence agency handing over terror suspects to the Li ... More >>
Last week, hot on the heels of the Congressional debt-ceiling fiasco and the ensuing stock market drop, Standard & Poor's downgraded the credit rating of the United States of America from AAA to AA , and placed the ailing superpower on "CreditWatch with negative implications." The reactions of Ame ... More >>
The New York Times had a big, important meeting today at the Morgan Stanley Technology, Media & Telecom Conference, in which the people in charge talked about how the business side is going. For most everyone that reads the paper, the discussion is boring beyond belief. ("The improvement in p ... More >>
Some Wall Street bankers might need to forsake the glitzy office party for take-out and a movie this year -- TheStreet.com says many of the city's finance firms -- including Morgan Stanley, Bank of America, JP Morgan, Citigroup, and UBS -- are either canceling or keeping "mum" about their par ... More >>
There are certain rules that we all implicitly agree to live by in New York City. Such as: don't interact on the subway or in the streets when you can do it on Craigslist; don't make eye contact unless at least two alcoholic beverages in; don't try to be friends unless in a pre-approved frien ... More >>
Pretend you're Reshma Saujani, 34, dazzling, born to an Indian family expelled from Uganda by Idi Amin, a Harvard and Yale Law School grad who returned to Africa to help build Nelson Mandela's post-apartheid government. It's late 2009 and everything you've done in your professional life since its i ... More >>
Lots of hedging from Carolyn Maloney's foe, hedge fund lawyer challenger Reshma Saujani
Elton John and Lady Gaga band together for a good cause
As part of Mayor Bloomberg's H1N1 flu plan for NYC, the Board of Health has opened vaccination centers this weekend in all five boroughs for middle school and high school students. Elementary school students above four years of age are also eligible for the free shots. Fifty private compani ... More >>
The New York Observer and the Staten Island Advance today endorse Mayor Bloomberg's third term (the Advance "strongly," the Observer in a tasteful shade of salmon). The proletarian Advance shakes its head that some people, upset by Bloomberg's overthrow of term limits, are planning to vote a ... More >>
The results of Obama's stress test on the banks, for which 150 government agencies examined TARP-funded U.S. financial institutions to determine their states of health, are in. The bad news first: 10 of the 19 banks examined will need to raise $75 billion in additional capital to be deemed sufficien ... More >>
From the New Yorker's "Your Eustace, 2009," the mag's annual contest for the best new version of Rea Irvin's classic cover, this entry (one of 12 winners — and my favorite) is "Eustace, the Undead New Yorker," by David Cook of Suwanee, Georgia. Further proof of the schizophrenic media cult ... More >>
The Wall Street Journal, reporting from Davos, asks (gulp), "Is Capitalism, as We Know It, Dead?" Pumped up from his experience as chief investigator of steroids abuse in baseball, George Mitchell is now in for some really heavy lifting: the testosterone-laden, rage-filled Arab-Jew death dance i ... More >>
The Governor's pick is genuine machine-made royalty
Rags-to-riches flick declares: Money does indeed buy happi(y)ness
A respite from Times Square holiday madness resides at the Rum House piano bar
Your extensions look hotexcept maybe for the roots
In the company of women: New doc on the females of finance steers clear of the F-word
The Market Is Taking Investors on a Wild Ride. Windowsill, Anyone?
Arabs and Muslims Fend Off a Tragedys Aftermath
Adventures in Accent Reduction
The Comptroller Says HS Systems Overcharged for Screening Disabled Welfare Recipients. So Why Did the Company Win a Fat New Contract?
Alternative-Energy Scientist Fights to Save Patent
Activists Target Global Financiers of Chinese Eco Disaster
Dr. Randell Mills says he can change the face of physics. The Scientfic Establishment thinks he's nuts.
Fund-Loving President's Fond 'Give Backs'
New York Senator Hillary Clinton?