Rupert Murdoch to ‘Make’ Less Money Than Last YearHe only made $27.5 million in company compensation this year. Plus, Kent Brownridge steps down from ‘Maxim,’ Damon Dash has real-estate troubles, and more, in our daily industry roundup.
Ana Marie Cox Comes Full Circle at ‘Radar’The founding Wonkette editor signs on to do irreverent political coverage for Maer’s magazine, another Charles Kushner associate goes down, and Andrew Cuomo noses around Dick Grasso’s package, in our daily roundup of news from the worlds of media, real estate, law, and finance.
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Steve Schwarzman, Jamie Dimon, and Dick Fuld’s Elephant Dance ContinuesYesterday, we told you we’d read in the Post that Blackstone CEO Steve Schwarzman went to visit J.P. Morgan CEO Jamie Dimon and Lehman CEO Dick Fuld, so that he could forgive them in person for having pulled the plug on financing for his PHH deal. But it turns out that maybe that was a total lie? “A person familiar with the matter says no such meetings took place, and that Schwarzman was, in fact, out of town when the meetings were supposed to have taken place,” the WSJ DealBlog reported today. However! The Journal does back up the Post source’s statement that Schwarzman didn’t want to be in a “pissing contest” with the banks, although their source used a different, though still penile, metaphor. “This person did say that Schwarzman decided a sword fight with the banks is of little value, and that it is hard to fault the banks for the stand they took.” Emphasis ours!
Related: Steve Schwarzman Is Friends With Jamie Dimon and Dick Fuld Again
