Goldman Sachs Faces $2 Billion Loss, Says ‘Journal’
It would be the bank's first quarterly loss since going public in 1999.
Posted 11/06/08 in Daily Intel
The Rage of the Creative Underpaid
Daily Intel’s Plan for Solving the Economic Crisis
The city is hemorrhaging jobs. Daily Intel knows just how to stanch the flow.
Posted 10/23/08 in Daily Intel
The Not-So Great Depression
Goldman Sachs to Cut Staff by 10 Percent
No one is safe.
Posted 09/25/08 in Daily Intel
White Men With Money
Warren Buffett’s Dirty Words of Wisdom
DealBreaker's Bess Levin remembers some of the best things that have come out of the filthy mouth of Warren Buffett.
Posted 09/25/08 in Daily Intel
Ink-Stained Wretches
Goldman Sachs Is ‘Embattled,’ Not ‘Ailing’
The ‘Times’ regrets its choice of words.
Posted 09/25/08 in Daily Intel
White Men With Money
Warren Buffett’s Brain Food
‘The Wall Street Journal’ takes a close look at the snacks the Oracle of Omaha consumes when he's making deals.
Posted 09/24/08 in Daily Intel
The Greatest Depression
All I Need to Know I Learned From the Collapse of Bear Stearns
Some survivors of the Bear Stearns debacle have emerged stronger and, dare we say, wiser.
Posted 09/24/08 in Daily Intel
The Greatest Depression
What Does Warren Buffett’s Investment in Goldman Really Mean?
"What we think he’s saying is that the $700 billion bailout plan being pushed down the country’s throat by Hank Paulson and Ben Bernanke — two men who both had seats at the bar while the lethal subprime mortgage cocktail was being concocted by Wall Street — is for the birds."
Posted 09/24/08 in Daily Intel
The Greatest Depression
Buffett’s $5 Billion Goldman Investment Seen As a Calming Influence
The markets already seem more stable as the Oracle of Omaha's move bolsters investor confidence.
Posted 09/16/08 in Daily Intel
Scenes From a Meltdown
The Wall Street Crisis: What Does It All Mean?
The only thing that anyone seems really certain about right now is that when the smoke clears, we'll be looking at a different landscape.
Posted 08/27/08 in Daily Intel
Company Town
Fannie and Freddie Get Some Good News
The mortgage giants have seen their largest profits in ten years. Plus, who buys a friend a $3 million apartment, and who wants a truck depot in Soho?
Posted 08/25/08 in Daily Intel
Company Town
Washington ‘Post’ to Other Papers: Don’t Ditch D.C.!
An axed Maine political reporter writes to tell how local papers that close their Washington bureaus are hurting the cause of democracy. Plus, the latest in finance, law, media, and real-estate news.
Posted 08/22/08 in Daily Intel
Company Town
‘People’ Gets the Last Giggle Over Brangelina Baby Pics
Turns out the issue whose cover displayed little Vivienne and Knox sold 2.6 million copies, the fourth-largest selling issue of all time for the mag. Plus, the rest of our industry news roundup.
Posted 08/14/08 in Daily Intel
Company Town
Michael Phelps Is Gold for NBC
Plus, lawyers make criminals sing (to 'Don Giovanni'), another spectacular apartment you can't afford hits the market, and more, in our daily industry roundup.
Posted 08/12/08 in Daily Intel
Company Town
Meredith Whitney Eyes Goldman After Stock Drop
Analysts aren't so hot on the formerly golden bank this week. Plus, the latest on Andrew Cuomo, George Clooney, Diane Von Furstenberg, and more, in our daily industry report.
Posted 08/04/08 in Daily Intel
Gossipmonger
‘Cougars: NYC’ Hunting for More Co-Stars
An awesome-sounding reality show needs more older ladies. Plus, gossip about Paula Abdul, Paris Hilton, and Ryan Adams, in our daily roundup.
Posted 07/29/08 in Daily Intel
Company Town
Circulation Report: ‘Vogue’ Down, ‘Ladies’ Home Journal’ Up
Plus, Katie Couric takes control of CBS News' political coverage, hotels keep cropping up in Gowanus, and KKR's IPO doesn't go as well as planned, all in our daily industry report.
Posted 07/28/08 in Daily Intel
Intel
The Subprime Awards: The Saddest, Most Hilarious Tales From a Battered Wall Street
The subprime crisis has massacred the city's banks — and resulted in all manner of juicy details related to the subsequent layoffs. Here we hand down awards for the juiciest of these details.
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