Entries from Gothamist tagged with 'Enron'
November 22, 2008
With Citgroup in serious trouble of being taken over as stock prices continue to plummet, will Citi Field, the Mets' new stadium set to open next year, still have its name by Opening Day? Citigroup's deal with the Mets calls for the financial company to pay the team $20 million annually for the name. The Hoston Astros were still playing in Enron Field when the company went bankrupt and was mired in an enormous scandal.......
Continue Reading "Will the Mets New Ballpark End Up with an Awful Name?"March 16, 2008
Photograph outside Bear Stearns' offices on Friday by Mark Lennihan/AP It's the New York banking equivalent of the Enron meltdown: Bear Stearns has agreed to sell itself to JP Morgan Chase at a fire sale price. When Bear Stearns' 14,000 employees left work Friday afternoon, the bank's stock had already plunged almost 50% in value, closing at $30 a share. But today they found out something much, much, much worse: their company has been......
Continue Reading "JP Morgan Buys Bear Stearns for Pennies on the Dollar"July 22, 2007
A look at some noteworthy television this week: The Kill Point (Sunday, 9:00 p.m., Spike TV) The debut of a hostage drama miniseries starring John Leguizamo as a leader of a group of bank robbers who’s plans went wrong and Donnie Wahlberg as the Pittsburgh Police negotiator tasked to deal with them. Saving Grace (Monday, 10:00 p.m., TNT) Another cop show with a twist, this time Holly Hunter stars as an Oklahoma City Police detective......
Continue Reading "Noteworthy Television This Week: Cable and PBS are best"July 10, 2007
Today on the Gothamist Newsmap : a stabbing at Surf & Stillwell Aves. in Brooklyn, a shooting at Simonson Ave. and Richmond Terr. on Staten Island, and an unstable wall on East 94th St. in Brooklyn. Fox 5's Good Day New York passed a boundary and Nick Lachey's "people" cancelled an appearance with the station abruptly. A Park Slope doctor has been arrested for fondling and sexually abusing a 56-year-old patient after hours at......
Continue Reading "Extra, Extra"February 18, 2007
We'd like to start this week's run-down by wishing a very happy birthday to parent blog Gothamist, which turned four on Friday. If it wasn't for them, the rest of us wouldn't be here. They celebrated their birthday by nabbing an interview with Entourage star Adrian Grenier, who misses NYC public transportation when he's working in LA. They also reported on NYU students protesting a band whose name is also known as a slur,......
Continue Reading "Elsewhere in the ist-a-verse"December 10, 2006
Before we begin, we'd like to extend our deepest sympathies to the family of James Kim. We are not, by any means, trying to discount that tragedy by juxtaposing posts about the Kims with more light-hearted posts. It's the nature of doing a compilation such as this one: we're trying to give a full slice of the goings-on in the Ist-a-Verse: the good, the bad, and the ugly. Londonist wants you to know where to......
Continue Reading "Elsewhere in the ist-a-verse"July 5, 2006
- DC is so weird - they're all about naming their developments after NYC neighborhoods - Disgraced Enron CEO Kenneth Lay dies in Aspen, leaving the Wikipedia writers to guess as to how he died - Where is the Hallo Berlin street food cart? - Would you really want to live in a rental building over the Lincoln Tunnel? - The city has struck a tentative deal wtih school bus drivers - guess the......
Continue Reading "Extra, Extra"May 31, 2006
To few people's surprise, NY State Attorney General Eliot Spitzer was named the Democratic nominee this fall's Governor's race. And when you get the nomination, it's not just time to be kissy-poo - it's a time to get dirty. Some hilarious comments after Spitzer's nominations, via the NY Times:- Assemby Speaker Sheldon Silver called Governor Pataki's terms a "12-year-long plague." - Governor Pataki's office said, "After almost eight years as Shelly Silver's silent partner in......
Continue Reading "Democrats Set Up NY State Nominees"May 30, 2006
The NY State Democratic Convention is taking place in Buffalo today and tomorrow (the NY State Republican Convention is in Long Island on Wednesday and Thursday), and the gloves are coming off as the Democrats are looking to grab the Governor's house. Attorney General Eliot Spitzer, the Democratic frontrunner for the gubernatorial nomination, called the Lower Manhattan Development Corporation "an abject failure". Well, of course he would say that - didn't recently resigned LMDC......
Continue Reading "Spitzer Slams Ground Zero Work"May 28, 2006
The weeks starts out right when a sucker punch on the field lands Chicagoist in the middle of a Sox/Cubs throwdown and the fists continue to fly in the comments. Despite suburban resident Ms. Pinney's best little try no books will be banned anytime soon and the El is really really gross. Houstonist is there to start compiling the punditry when when the guilty, guilty Enron verdict comes down. This guy seems to be able......
Continue Reading "Elsewhere in the Ist-a-verse"May 25, 2006
With the verdict in on the fraud and conspiracy trial of Enron's Kenneth Lay and Jeffrey Skilling, one thing is for sure: They are going to be old men in prison. Lay was found guilty on all charges while Skilling was found guilty on 20 of 28 counts (conspiracy, fraud, false statements, insider trading). So, Wall Street, when it's too good to be true - it just might not be true! Here's extensive Enron......
Continue Reading "Enron Execs are GUILTY!"March 4, 2006
DCist helps us make more sense of the world this week. Posts like this concert review are the reason for Scott Stapp. DCist also enumerates the reasons for playing ultimate frisbee, Condi’s tight buns, their love of a local convenience store, and their jealousy of a person in Seattle calling the city. LAist documented graf artist Banksy’s most recent visit to LA in one two three posts. They also found the best possible use......
Continue Reading "Elsewhere in the Ist-a-verse"February 18, 2006
Earlier this week kissy couples were wading through roses and red tissue paper deeper than an east coast snow dump and singles shook a tiny, lonely fist (no ring!) at it all. 10, 9, 8, 7, 6, 5, 4, 3, 2, 1 - Valentine's season is in the can, finally. Austinist is already pulsing with SX energy and posting on the People's Choice Award nominees and the short films that will be playing while the......
Continue Reading "Week In Ist"October 29, 2004

Andrew Boyd, Cultural Activist and Founder, Billionaires for Bush...
April 19, 2004
March 4, 2004
Gothamist is still trying to get to the bottom of the Law & Order episode that Mayor Bloomberg will be appearing in. Reader Matthew tried to help us out by noting a key paragraph in a Wall Street Journal article about that Martha Stewart thing: Just blocks from the courthouse, yellow police tape blocked off the crime scene of an armored-car robbery, a dead body and swarming investigators -- all part of the set......
Continue Reading "In the Criminal Justice System, There is One Mayor"October 9, 2003
Slate has an excellent drinking game to partake in during tonight's Democratic debate. Drink prompts include mentions of Bill Clinton or Enron, looks into the wrong camera during introductions, or speaks Spanish and mentioning campaign website/URL. (Mmm, we'll venture to say a Schwarzenegger-California reference will make its way into the debate as well.) The Kamikaze version is "Take a drink every time a candidate mentions President Bush by name. " Then there are the specific......
Continue Reading "Democratic Debate Drinking Game!"August 22, 2003
In another great story of a 27 year-old duping all, the Times has a story on Daniel Gordon, a young, precocious Merill Lynch trader who managed to embezzle $43 million from Merrill. At 23, he was running one of the most successful trading desks - even after never graduating from high school. As far as we can follow the story, Allegheny Energy bought Gordon's trading unit at Merrill, but now Merrill and Allegheny are in......
Continue Reading "Beware the Precocious Twentysomething"

