The Tide Is High, But the Downturnaround Is Holding OnSure, the markets are tanking, but the Noels are still lunching, and a bank in New York is actually HIRING. And other things to feel hopeful about, in our semi-regular digest of good economic news.
Hank Greenberg Trying to Get His Hands on AIGInvestors led by former AIG CEO Maurice “Hank” Greenberg are considering taking control of the struggling insurer through a proxy fight or buyout
‘Times’ to Raise Cover Price 25 CentsPlus AMI is headed for tough times, Fox News makes fun of Nas, Andrew Cuomo looks into AIG, and more, in our daily industry roundup.
company town
Wall Street’s Week of ReckoningAIG’s Martin Sullivan is out, and everyone else is waiting for the ax to fall. Plus! Former ‘NYT’ editor Howell Raines picks on Poynter blogger Jim Romenesko, a Central Park West penthouse goes on the market for $80 million, and more, all in our daily roundup of finance, media, real-estate and law news.