April 19, 2001
MORGENS WATERFALL-OUT ; DISTRESSED DEBT FUND SHUTTING DOWN AFTER DEFECTIONS
April 19, 2001 | 4:00amVeteran hedge fund Morgens Waterfall Vintiadis & Co. - beset by top-level defections and troubled investments - is dumping its distressed debt business, cutting half its $800 million in assets....
MORGAN STANLEY PREPARES TO LAY OFF 100 INVESTMENT BANKERS
April 19, 2001 | 4:00amLayoffs at Morgan Stanley have been a long time coming. Now they're just around the corner. The white-shoe firm is planning to dismiss at least 100 investment bankers starting in...
SAGGING WARNER MUSIC OUT OF TUNE WITH AOL TW
April 19, 2001 | 4:00amAOL Time Warner may have reported strong first quarter earnings - but that's no thanks to its ailing music division. Warner Music Group revenues fell 6 percent from the previous...
THE DONALD'S ADDING A WORLD-CLASS BAR
April 19, 2001 | 4:00amLovers of sake to slivovitz can toast Campbell Apartment proprietor Mark Grossich, who signed a deal with Donald J. Trump to bring a cocktail lounge to Trump World Tower. To...
HP'S MANAGEMENT RANKS SLASHED; 3,000 OUT
April 19, 2001 | 4:00amHewlett-Packard boss Carly Fiorina yesterday proved she's not afraid to wield an ax as she gave her white collar workers 40 whacks. The HP CEO announced she is shaving 3,000...
IBM'S PROFIT$ ARE A TECH TONIC
April 19, 2001 | 4:00amIBM improved the odds that the party will continue on Wall Street when it announced earnings that met expectations last night. Big Blue - one of the few tech companies...
NASDAQ GAINS ALTITUDE ; MARTS REBOUNDING EVEN BEFORE NEWS OF ALAN'S BOOSTER
April 19, 2001 | 4:00amTechs are returning like a Phoenix rising from the ashes - but investors aren't out of the woods yet. The sector that triggered the rise, and the ultimate collapse, of...
WINSTAR IN BANKRUPTCY : ACCUSES LUCENT OF PUSHING IT OVER THE EDGE
April 19, 2001 | 4:00amWinstar Communications Inc., the woeful telephone company, filed for Chapter 11 bankruptcy protection yesterday and slapped a lawsuit on Lucent Technologies for allegedly violating its obligations under a partnership agreement....
AMEX IS GOING ON THE BLOCK
April 19, 2001 | 4:00amThe American Stock Exchange is up for sale. But not just yet, insiders confirmed. Robert Glauber, CEO of the National Association of Securities Dealers, which owns the Amex, said in...
DISNEY STORE SNAGS RETAIL VET TO BE ITS HEAD CHEESE
April 19, 2001 | 4:00amThe Disney Store has a new top mouse in the house. Retail veteran Peter Whitford has been named president of the Disney Store - Worldwide. He starts his new position...
THE STARR REPORT
April 19, 2001 | 4:00amCBS 2 information: personnel changes? It's looking more and more like Ch. 2 reporters Annika Pergament and Michael O'Looney will be leaving the station in the coming months. Pergament is...
NO SHINE TO SOLEIL
April 19, 2001 | 4:00amCIRQUE DE SOLEIL IT might sound cruel to suggest that for New Yorkers traveling to see the Cirque de Soleil at Liberty State Park in Jersey City, the best part...
THE DIRECTION TO REJECTION
April 19, 2001 | 4:00amFROM lovers to livers, life is one long series of rejections. And earlier this week, thousands of high school seniors learned that important lesson - as well as the futility...
HELL OF A START: 'WEAKEST LINK' DELIVERS NBC WICKED RATINGS... AND THAT MAKES REGE HAPPY, TOO
April 19, 2001 | 4:00amNBC's "Weakest Link," with "Goodbye Girl" Anne Robinson, continued its ratings dominance Tuesday night. "Link" averaged 14 million viewers - lower than Monday's premiere (15.1 million viewers) but terrific numbers...
MAGIC-REALIST 'SALVADOR DALI' HAS VAPORS
April 19, 2001 | 4:00amREFERENCES TO SALVADOR DALI MAKE ME HOTPublic Theater, 425 Lafayette St., Telecharge, (212) 239-6200. Through April 29. YA gotta sympathize with the guy. Benito is an army sergeant just home...
BACK TO SCHOOLFOR COOL: UPN HOPES WUNDERKIND'S SHOW 'WHATEVER' WILL BREAK NEW TEEN GROUND
April 19, 2001 | 4:00amUPN has ordered a new show from 20-year-old Jarrett Grode - who was voted "Most Likely to be Famous" by his high school senior class. Now, it looks like the...
SEX AND SLAUGHTER FRANCAISE ; TWISTED 'SISTERS' OUT FOR REVENGE
April 19, 2001 | 4:00amA Gallic movie that proved too violent and sexy even for the laid-back French is coming to New York - uncut and unrated. The film, "Baise-moi," has been called a...
'JONES' SO NICE - THEY MAY DO IT TWICE
April 19, 2001 | 4:00amTHE respectable box office numbers that marked the opening of "Bridget Jones's Diary" last week have already sparked talk of a sequel. Working Title Films, which produced the hit movie,...
DESPITE WEB WOES, SILLY SITES SHOW SURF'S UP
April 19, 2001 | 4:00amCREATIVE Web sites still rise to the top and spin around the world at Internet speed, even in this day of the dot-com doldrums, with consolidations, dead companies, layoffs, and...
BRIDES FOR BLOOMBERG: THE POST PICKS SOME LOVE CONTENDERS FOR THE MAYORAL HOPEFUL
April 19, 2001 | 4:00amAS Michael Bloomberg gears up for a mayoral run, the city's most eligible bachelorettes are gearing up for a good old game of "Who wants to be New York's next...
NEW YORK POST: FROM APRIL 19, 1961
April 19, 2001 | 4:00am"Rebel planes bombed Havana during the night, but otherwise, rebel hopes for a successful invasion of Cuba were fading today. As Fidel Castro moved to repel the force that struck...
WHY VALLONE 'BANKS' ON RUDY'S VETO TO FALL
April 19, 2001 | 4:00amJOHN BANKS, whom nobody knows, has outsmarted Rudy Giuliani, whom everybody knows. Banks, 39, is the chief-of-staff for City Council Speaker Peter Vallone. It's his job to count votes and...
BRITS IN A SNIT OVER OUR MAN'S BARBS
April 19, 2001 | 4:00amTouchy, touchy! The British press launched an all-out attack on Post TV critic Adam Buckman yesterday after he advocated pulling the plug on "Weakest Link" host Anne Robinson. In his...
EMBATTLED HALE HOUSE BOSS GETS A BOOST
April 19, 2001 | 4:00amHarlem leaders rallied around Hale House's embattled director yesterday, saying reports about the nonprofit group's troubled finances should not erase its work of caring for drug-addicted and HIV-infected babies. The...
HICCUP FOR BOOZE BAN AS FOES RIP RUDY PLAN
April 19, 2001 | 4:00amMayor Giuliani's citywide ban on booze at street festivals is not a done deal, a mayoral aide said yesterday after opponents threatened an all-out fight against the proposal. "We have...
SKAKEL WITNESS: I WAS HIGH WHEN I SAID HE 'FESSED UP TO TEEN SLAY
April 19, 2001 | 4:00amA key witness against Michael Skakel admitted yesterday that he was high on heroin when he testified the Kennedy cousin confessed to killing Martha Moxley more than 25 years ago....
A HARSHER (S)LIMELIGHT? HARTFORD DISCO HONCHO WORSE THAN GATIEN, AUTHORITIES FEAR
April 19, 2001 | 4:00amTHE last thing 25-year-old Jason Kratt saw before losing consciousness might seem surreal to anyone not versed in the habits and effects of "ecstasy" use. At the System nightclub in...
SHARON EXPLAINS GAZA GAMBIT IN CALL TO BUSH
April 19, 2001 | 4:00amJERUSALEM - President Bush called Israeli Prime Minister Ariel Sharon late yesterday to clear the air after sharp U.S. criticism of Israel's one-day invasion of the Gaza Strip. The talk,...
COPS WRONG TO ASSUME GUN WAS A GUN: JUDGE
April 19, 2001 | 4:00amA Brooklyn judge has dismissed a weapons charge after ruling that Street Crime Unit cops who saw a man run out of a building and down a street holding his...
LAURA: I HELPED DUBYA PICK; WHITE HOUSE STAFF
April 19, 2001 | 4:00amWASHINGTON - First Lady Laura Bush revealed last night that her husband consulted her in setting up his staff, and that they sometimes gossip - but only "privately" - about...
FUROR OVER SIGN-LANGUAGE BAN ON BUS
April 19, 2001 | 4:00amA New Jersey couple is outraged that officials have ordered their hearing-impaired 12-year-old daughter to stop using sign language on her school bus - because, the officials say, it creates...
PROF SAYS COUCH POTATOES LIVE LONGER
April 19, 2001 | 4:00amHere's the lazy way to stay healthy: exercise restraint Loafing is a great stress-buster and leads to longevity, a German scientist said yesterday. So, breathe easy and don't fret if...
HIZZONER BLASTS FEDS OVER $500M PRICE FOR GOVS IS.
April 19, 2001 | 4:00amMayor Giuliani yesterday blasted the federal government's delay in handing over Governors Island to New York, charging the feds aren't offering a fair deal for the land. "Washington was never...
FED MOVE IS MUSIC TO THE EARS
April 19, 2001 | 4:00amAlan Greenspan doesn't stay wrong for long. Wall Street's been griping for weeks that our money czar wasn't providing enough ready cash for our sinking economy. But using his trademark...
RUDY SEEKS NEW CAMPAIGN-$$ BAN
April 19, 2001 | 4:00amMayor Giuliani said yesterday that he's going to propose new restrictions on officials receiving campaign contributions from investment firms that do business with the city. The mayor acted after it...
NYERS MOST LIKELY TO SEE DOCS, ATT'YS AFTER AUTO MISHAPS
April 19, 2001 | 4:00amALBANY - New York's auto-accident victims visit more doctors, receive more treatment and hire lawyers more frequently than those in other states, according to a new insurance industry study released...
TORRICELLI ANGRILY DENIES HE'S ON TAKE
April 19, 2001 | 4:00amA furious Sen. Robert Torricelli yesterday denied accepting huge sums of cash, 10 Italian-made suits and a Rolex watch from a political donor, calling the man "every elected official's worst...
AVOIDING JACKSON IS NOW THE 'NORM'
April 19, 2001 | 4:00amWAS a Bush cabinet official set to break the unofficial administration embargo on relations with Jesse Jackson - until The Post started asking about it? Could be. According to invitations...
IT'S THE RATE ESCAPE ON WALL ST. - STOCKS GO SKY-HIGH AFTER GREENSPAN'S INTEREST-CUT STUNNER
April 19, 2001 | 4:00amFed Chairman Alan Greenspan's surprise interest-rate cut sent stocks rocketing to record gains yesterday - although investing pros feared a pullback might be likely. The Nasdaq soared to its fourth-biggest...
SHE'S THE HISSING LINK - TV'S HORRID HOSTESS CAN'T TAKE THE HEAT
April 19, 2001 | 4:00amPOOR little Anne Robinson - she can dish it out, but she can't take it. The humorless British pit bull in granny glasses who washed up on our shores this...
HHC DROPS AETNA AS AN INSURER
April 19, 2001 | 4:00amThe city's Health and Hospitals Corporation has ended its contract with Aetna-US Healthcare amid reports the HMO has failed to pay "several million" on patients' bills. "They pay too little...
LEVY: 'FUZZY' MATH JUST FOR FRACTION OF KIDS
April 19, 2001 | 4:00amSchools Chancellor Harold Levy said yesterday schools will continue to teach most students traditional math - not the new arithmetic that critics brand "fuzzy" math. "For the vast bulk of...
SEN. JOE LOWERS BOOM ON H'WOOD
April 19, 2001 | 4:00amWASHINGTON - Sen. Joe Lieberman, the 2000 Democratic vice-presidential nominee who may run for president in 2004, is renewing his call to crack down on Hollywood for marketing sexy and...
BUSH $ET TO INVADE HILLBILLY'S OLD TURF
April 19, 2001 | 4:00amNEWLY minted New Yorkers Bill and Hillary Clinton are acting as if they want to forget they ever had Arkansas roots or Southern accents, so President Bush is only too...
BUSH WILL WATER DOWN HIS ARSENIC ALLOWANCES
April 19, 2001 | 4:00amWASHINGTON - Moving to control political damage, President Bush's team yesterday signaled he'll sharply cut the amount of cancer-causing arsenic allowed in drinking water. Bush's action comes less than a...
DEM 'POWER PLAY': LET STATE BUY CON ED PLANTS
April 19, 2001 | 4:00amThirty-three Assembly Democrats yesterday proposed a state takeover of electric-generating plants in Queens and Rockland County, saying the move would cut up to 15 percent from local utility bills. Brooklyn...
BOMB SCARE ON LAGUARDIA JET
April 19, 2001 | 4:00amA bomb scare frightened 120 passengers aboard a United Airlines flight arriving at LaGuardia Airport this morning, police sources said. The plane was Flight 670 from Chicago. About 20 minutes...
U.S.-CHINA TALKS STAY ALOFT AFTER BEIJING DOES A 180
April 19, 2001 | 4:00amWASHINGTON - U.S. officials last night said China did an about-face and agreed to discuss the "prompt return" of a U.S. surveillance plane so talks between the two nations would...
$9M WIN A TONIC FOR VITAMIN MAN
April 19, 2001 | 4:00amA Vietnamese immigrant on Long Island - who grew up in Saigon during the Vietnam War with dreams of becoming a millionaire in America - yesterday got his wish and...
FUROR OVER SCHOOL-BUS BAN ON SIGN LANGUAGE
April 19, 2001 | 4:00amA New Jersey couple is outraged that officials have ordered their hearing-impaired 12-year-old daughter to stop using sign language on her school bus - because, the officials say, it creates...
CHRISTIAN JANE DIVORCING TED
April 19, 2001 | 4:00amJane Fonda has made it official - she's filing for divorce from mogul Ted Turner because their decade-long marriage is "irretrievably broken." The petition, filed this week in Fulton County...
2ND ED. BOARD MEMBER ASKED TO QUIT
April 19, 2001 | 4:00amThe crisis-ridden Board of Education faced another shock yesterday when a second borough president demanded the resignation of her handpicked appointee. Queens Borough President Claire Shulman said she lost confidence...
SO WHY AREN'T MORTGAGE RATES LOWER?
April 19, 2001 | 4:00amTHE stock market may have given Alan Greenspan a thumbs-up yesterday, but the bond market is giving him the finger. That's fine if you want to buy stocks, but not...
SPY-PLANE STANDOFF TALKS HEADING FOR CRASH LANDING
April 19, 2001 | 4:00amWASHINGTON - President Bush's team yesterday was threatening to break off talks with China on surveillance flights after the first round went nowhere and China refused to return the crippled...
JIANG SINGS DIFFERENT TUNE ABROAD
April 19, 2001 | 4:00amJiang Zemin, China's 74-year-old president, revealed a different side during his recent Latin American trip: He was born to sing. Just before leaving Caracas for home Tuesday, Jiang joined Julio...
GUN CASE TOSSED ON TECHNICALITY
April 19, 2001 | 4:00amA Brooklyn judge has tossed out a weapons charge after ruling that Street Crime cops who saw a man run out of a building and down a street holding his...
DEM 'POWER BROKERS': BUY CON ED PLANTS
April 19, 2001 | 4:00amALBANY - A group of 33 Assembly Democrats proposed a state takeover of Con Edison's just-sold electric generating plants yesterday, saying customers would save 10-15 percent. Brooklyn Assemblyman James Brennan,...
BLUE JAYS ROUGHT UP DUQUE, YANKS
April 19, 2001 | 4:00amBlue Jays 7 Yankees 2 TORONTO - There were almost as many theories about what was wrong with Orlando "El Duque" Hernandez last night as bodies in SkyDome's seats. Seeing...
FOR KNICKS, HOME'S WHERE THE START IS: GO FOURTH VS. PISTONS; AWAIT RAPTOR REMATCH
April 19, 2001 | 4:00amKnicks 94 Pistons 88 The Knicks were able to exhale late last night. They snatched the fourth seed - and homecourt - for the first round with last night's tight...
STREET CRY WORKS AT CHURCHILL
April 19, 2001 | 4:00amStreet Cry, winner of the Dubai 2000 Guineas and third-place finisher in the Breeders' Cup Juvenile, worked five furlongs Wednesday in 1:02 2/5 in his first work for the Kentucky...
STEPH PUSHING DEAL TO WINNER
April 19, 2001 | 4:00amThere's no place like home. But to Stephon Marbury, there's nothing like winning. Admitting his frustration with the losing that has become a way of life in New Jersey as...
THORN NOT BUYIN' JAYSON RETURN
April 19, 2001 | 4:00amNets president Rod Thorn cast serious doubts on the viability of a comeback by Jayson Williams. "He's been looked at by different doctors who have concurred that he is not...
STERN NOT SURE MIKE COULD STILL BE BEST
April 19, 2001 | 4:00amWith Michael Jordan's potential comeback hanging in the air, so to speak, it just so happens that NBA commissioner David Stern put in a recent call to the Wizards' president...
COMMISH OKS FRATERNIZATION
April 19, 2001 | 4:00amWhen it comes to Jeff Van Gundy's recent complaints that religion has distracted some of the Knicks in preparing for games, NBA commissioner David Stern chose not to deliver a...
THE FEAST OF THE EAST ; SEVERAL RIGHT-COAST CLUBS HAVE HEARTY HUNGER FOR A RING
April 19, 2001 | 4:00amTHE obligatory first-round playoff preview, like the obligatory Jordanian Comeback Chorus, is a best of five. Personally, I abhor the brevity of the opening round; it deserves to be extended...
STEVIE BLUNDER EXPOS-ED AGAIN: SHELLING DROPS TRACHSEL TO 0-3
April 19, 2001 | 4:00amExpos 7 Mets 1 Over at the control tower at nearby La Guardia, there must have been panic for several seconds. Nervous air-traffic controllers must have thought there was an...
HOFSTRA'S RICHARDSON WINS HAGGERTY AWARD
April 19, 2001 | 4:00amAfter wowing NBA scouts in the Portsmith Invitational earlier this month, Hofstra senior Norman Richardson hopes to be asked to compete in the next pre-draft camp for NBA hopefuls in...
EX-MET FARMHAND PITCHES IN
April 19, 2001 | 4:00amMET NOTES Consider Guillermo Mota the one who got away. The blazing 6-foot-4 right-hander was again spectacular in relief for the Expos yesterday in their 7-1 win over the Mets...
COOPERSTOWN CONFIDENTIAL: WINNIE DENIES STORY OF BOSS SHAKEDOWN
April 19, 2001 | 4:00amDave Winfield came out swinging yesterday against a report that he tried to put a $1 million shakedown on George Steinbrenner. Winfield blasted a story in the Daily News that...
COOPERSTOWN CONFIDENTIAL ; PIAZZA: I'D GO TO HALL AS A MET
April 19, 2001 | 4:00amWHEN Mike Piazza is inducted into the Hall of Fame - and if the status quo continues, it is truly a question of when, not if - it won't cost...
AT BLUSTERY SHEA, ANSWERS BLOWIN' IN WIND
April 19, 2001 | 4:00amDON'T panic. It's still winter. Yesterday, the Expos stayed warm by throwing Steve Trachsel onto the fire that, nine Met losses in the first 15 games notwithstanding, has yet to...
MET BATS RETURN TO BAD OLD DAZE
April 19, 2001 | 4:00amIt was likely meant more as a compliment toward his player than as an indictment of his team. But nothing could be more telling of the Mets' offensive woes than...
'CUSE'S ALLEN ON EDGE
April 19, 2001 | 4:00amThere will be no elaborate party Saturday at the Allen residence. Family will be present, but that's it. "I don't want a party," Will Allen said. "That's not me." It...
GUZMAN POWERS ADAMS
April 19, 2001 | 4:00amBack in the fall, John Adams coach Glenn Beyer didn't expect much from Carlos Guzman. After all, he was just a freshman. "I could see he had some talent, but...
DEMOTED KEISLER POPS CORK
April 19, 2001 | 4:00amYANKEE NOTES TORONTO - In two starts, Randy Keisler had trouble locating the strike zone. Minutes after being sent to the minors yesterday, Keisler was using the proud Yankee organization...
FOR KNICKS, HOME'S WHERE THE START IS: VG'S SWEET TALK REALLY A CASE OF RX'S AND O'S
April 19, 2001 | 4:00amIT'S time to be afraid. Be very afraid. It became clear last night we should be gravely concerned about the Knicks' physical and mental condition heading into the NBA playoffs....
FOR KNICKS, HOME'S WHERE THE START IS: FELTON'S HAPPY WITH MSG SALUTE
April 19, 2001 | 4:00amThe first cheer rang out with 9:08 remaining in the second quarter. "FELL-ton . . . FELL-ton." Surprised? What did you expect? Chants of "We're No. 4! We're No. 4!"...
DEVILS CAN'T FINISH 'EM OFF
April 19, 2001 | 4:00amGAME 4 / OT Hurricanes 3 Devils 2 RALEIGH - As soon as they started making it look easy, the Devils started taking it easy. So now it gets harder....
CHAMPS BECOME CRYBABIES
April 19, 2001 | 4:00amRALEIGH - So now they've got the one extra game - at least - none of the defending Cup champions wanted to have to play, and they've got it because...
VG SURPRISED BY REGULAR-SEASON RESULTS
April 19, 2001 | 4:00amIt wasn't all bad, but it was different than Jeff Van Gundy anticipated. Thankfully, the end of an uneven, hardly satisfying regular season arrived last night for the Knicks, who...
MUGGSY HAS EYES ON WAKE FOREST JOB
April 19, 2001 | 4:00amKNICK NOTES Muggsy Bogues, who's been on the injured list, rejoined the Knicks yesterday after a three-week hiatus during which he attempted to fulfill a dream. In February, Bogues told...
KNICKS HUNGRY FOR SOME HOME COOKIN': BUT LJ, CAMBY STILL OUT FOR NOW
April 19, 2001 | 4:00amJeff Van Gundy said last night he's preparing as if he won't have starting center Marcus Camby or Larry Johnson for Game 1 of the playoffs. Camby figures to be...
KEISLER POPS CORK : RIPS YANKS AFTER DEMOTION
April 19, 2001 | 4:00amTORONTO - In two starts, Randy Keisler had trouble locating the strike zone. Minutes after being sent to the minors yesterday, Keisler was using the proud Yankee organization for target...
'CANES BEST 4-GET ABOUT CAP'N CRUNCH
April 19, 2001 | 4:00amRALEIGH - All right now, with one day off from having written about Scott Stevens, it's time again to get right back to it. Time to get back to the...
DEVILS ZERO IN ON RECORD BOOK
April 19, 2001 | 4:00amRALEIGH - This blowout was reaching record proportions. While they were sweep-hunting last night, the Devils were looking for a third straight shutout of the Hurricanes to finish off this...