October 2, 2001

WHY FED'S RATE CUTS ARE NOT HELPING ECONOMY

DON'T cut interest rates again. There's a better way to help the economy. The Federal Reserve's Open Market Committee will sit down today and will likely cut interest rates for...

INVESTORS AWAIT ALAN'S NEXT MOVE

Investors braced for Fed Chairman Alan Greenspan to ease rates another half-point today - fearing that anything short of that could send the market reeling. Yesterday's trading was light and...

ETOYS, CREDITORS EYE A GOLDMAN REFUND

Etoys wants a refund. Creditors for the bankrupt e-tailer want $2.5 million of the $3.15 million it paid Hank Paulson's Goldman Sachs last year back. As Etoys' business spiraled out...

CANTOR MOURNS ITS DEAD - FRIENDS, FAMILY FLOCK TO CENTRAL PARK SERVICE

Arm-in-arm they walked through the damp autumn chill to mourn their dead. Young men in dark suits walked with clusters of families clutching folders and flowers. They were all on...

TIME TO MAKE LEASES STICK

HOPING the adrenaline holds out, real estate players are settling down to the grunt work of turning "handshake" deals made in the days immediately following the World Trade Center terror...

WHICH MAG WILL BE NEXT TO FOLD?

There are plenty of other mags that could fold next during the economic downturn. "The ones that are on the real verge of danger are any in the dot-com world,"...

GRANDPARENTS GOES DOWN FOR THE COUNT

IGrandparents.com has shuffled off this mortal coil. The community Web site for proud grannies and granddads closed late on Friday, laying off 16 staff. The site was a classic demographic...

AU REVOIR, MLLE. - NEWHOUSE SHUTS 67-YR.-OLD GLOSSY MADEMOISELLE

Two years after a redesign that fell flat, Si Newhouse has pulled the plug on Mandi Norwood's struggling Mademoiselle. The magazine is 67-years old and had been part of the...

NYC BONDS BOOM - NEARLY 40% OF $1B RECOVERY ISSUE SOLD

Investors hungry for quick sure things are snapping up New York City's new recovery notes in record numbers, traders said. Nearly 40 percent of the city's $1 billion offering of...

MOVE OVER, BEETHOVEN - BILLY JOEL, CLASSICAL COMPOSER? BELIEVE IT!

BACK in 1993 on his "River of Dreams" album in the song "Famous Last Words," Billy Joel wrote the line: "These are the last words I have to say." "That...

ELTON SHEDS THE SCHLOCK

ELTON JOHN "Songs From the West Coast" [] Universal Records After all the Disney-styled show schlock that Elton John has dished out like cold mush to orphans, on his new...

PIANO MAN SCORES WITH BOLD 'FANTASIES'

BILLY JOEL "Fantasies & Delusions: Music for Solo Piano" [] Sony Classical/Columbia "Fantasies & Delusions" is a bold album where the Piano Man takes a giant risk, entering an arena...

CH.5 NEWS AT 5...OR 6

CH. 5 is gearing up to enter the early news wars. Plans aren't yet finalized, but insiders say Ch. 5 is looking to launch a newscast - or newscasts -...

LOVE LETTER TO DIRECTOR WILDER IS SURE TO BE 'HOT'

AMONG the many behind-the-scenes insights included in a new homage to Billy Wilder's "Some Like It Hot," is a tasty tidbit about the gender-bending farce's unforgettable last line. The scene,...

HANGING CREPE IN HOLLYWOOD - A PRODUCER FEARS EMMYS MAY BE WAY TOO DOWNBEAT

NOW, even the producer of this weekend's Emmy Awards show is predicting a show so "serious and somber" that he is already bracing for the backlash. "It's going to be...

TRAVELER'S UPDATE

Crafty business Check out the home-grown goods at two shows this Columbus Day weekend. * The Arts & Crafts Festival at Jack Frost Mountain in the Pennsylvania Poconos will feature,...

DAYS OF WINE AND CRUISES - TIPPLING ONE'S WAY THROUGH THE CALIFORNIA VINEYARDS

THERE'S nothing quite like drifting in the San Francisco Bay on a fog-shrouded fall evening, under the slowly rising Lefty O'Doul drawbridge, past the shiny new Pacific Bell ballpark and...

STARR REPORT

Burn rate: 'Once & Again' tanks Somewhere, Barbara Walters is smiling. Last Friday's season debut of "Once and Again," which pushed the Walters-hosted "20/20" out of its comfortable Friday-night berth,...

SOMBER 'SNL' GRABS HAPPY NUMBER

'SATURDAY Night Live's" somber 27th season kickoff netted terrific numbers. The show - which featured a dramatic opening with Mayor Giuliani flanked by the police and fire commissioners and uniformed...

JOHN LENNON, RAPPER?

IMAGINE John Lennon clad in Fubu pants and a backwards baseball cap sharing the spotlight with the likes of P. Diddy or Snoop Dogg. According to his widow, Yoko Ono,...

BUZZ

Asthma alert Here's something else to blame on your mother: asthma. Researchers in this month's Pediatrics claim a connection between the respiratory illness and a woman's coping skills, either because...

'SCRUBS' RUBS ...BUT TRY A SECOND DOSE

"Scrubs" [ 1/2] Tonight at 9:30 on WNBC/Ch. 4 -------- THE first episode of NBC's let's-cater-to-Gen-Xers comedy, "Scrubs," seems to highlight everything about TV that got on my nerves before...

EASING JITTERS DOWN TOBACCO ROAD

IF you've gone back to unhealthy habits like smoking and drinking since the World Trade Center attack, apparently you're not alone. "I started smoking and now I'm up to a...

UNWINDING IN ULSTER - HIPPIE BEADS & FUNKY HANGOUTS IN UPSTATE N.Y.

PASTORAL, quaint, romantic. There are plenty of places Upstate that fit the description. Ulster County is not one of them. Funky, yes, quaint, never. And in fall, it's ablaze with...

'WATCH' OUT FOR TRIBUTE

NBC's "Third Watch" will present a three-episode arc dealing with the Sept. 11 terrorist attacks. The second-year drama - about New York police, fire and rescue personnel - had suspended...

RESTAURANT AN 'OASIS' TO RESCUERS

Rescue workers working in the rubble of the World Trade Center have discovered there still is such a thing as a free lunch. Nino's Restaurant at 431 Canal St. has...

HIZZONER LETS THESE AMERICA-BASHERS HAVE IT

MAYOR GIULIANI enjoys a street fight. But never before has this city's leader faced a hostile audience from around the globe, many of whose members would enjoy bringing America to...

WINTRY WEATHER WILL PLAY KEY ROLE

WASHINGTON - The U.S. military, already confronted with one of the most difficult operations in modern warfare, is facing another huge obstacle in its campaign to rout terror master Osama...

USS KITTY HAWK STEAMS TOWARD MIDEAST

WASHINGTON - The USS Kitty Hawk left a U.S. base in Japan yesterday to join a massive armada assembling in the Indian Ocean and Arabian Sea for military operations against...

PROOF! - OSAMA TIPPED OFF HIS MAMA BEFORE ATTACK

Terror overlord Osama bin Laden called his adoptive mother two days before the Sept. 11 attacks against America to tell her he was going underground, it was reported last night....

SILVER SUGGESTS MAYOR AS NEXT HEAD OF PORT AUTHORITY

Assembly Speaker Sheldon Silver yesterday said Mayor Giuliani, after he leaves office, may be just the right man to head the Port Authority, which owns the World Trade Center site....

LAWYER: TERROR TRIALS SHOULDN'T BE HELD HERE

The terror trials of Osama bin Laden's reputed henchmen may be transferred from New York to other American cities, such as Miami or Los Angeles, a lawyer for one of...

OLD GLORY SOON WILL WAVE ON CON ED HELMETS

Con Edison, under fire for forcing workers to remove American flag decals from their work helmets amid safety concerns, has ordered 1,000 new hats already emblazoned with the patriotic symbol....

FERRER WIELDS HIS REJECTION OF RUDY

Fernando Ferrer yesterday talked more about Mayor Giuliani than about runoff rival Mark Green, spending a fourth straight day focusing on why he rejected the mayor's pitch for a longer...

OSAMA FREEZE NETS $6M SO FAR: BUSH

President Bush said the United States and other countries have begun to tighten their financial choke-hold on Osama bin Laden's terror network, freezing $6 million in suspect funds. "We're making...

HOTELS, EATERIES CUTTING PRICES TO BOOST BUSINESS

In an effort to entice people to get out of their houses and go out on the town, Manhattan hotels and restaurants are slashing prices to levels unheard of during...

THE YOUNG AND THE GUTLESS

OUR enemies know what they believe. They're willing to kill for it. And, more importantly, they're willing to die for it. Are the young men and women who may be...

RUDY: NO NEUTRALITY - TERRORISM NOT UP FOR DEBATE, HE TELLS U.N.

In a historic appearance on the world stage, Mayor Giuliani yesterday warned the United Nations that there is "no room for neutrality" or long-winded debates in the war of terrorism....

LOANS FORGIVEN FOR VICTIMS' SPOUSES

The nation's largest college student-loan provider announced yesterday it will forgive all outstanding loan payments for people whose spouses were killed in the World Trade Center disaster. The Sallie Mae...

THE MAYORAL MESS: WHO TO BLAME

THE mayor's race is like "The Good, the Bad, and the Ugly" - only there's no one good. Call it "The Unprincipled, the Unacceptable and the Unprepared." Think of the...

TERRORIST ATTA FUNNELED 200G FROM BIN LADEN

WASHINGTON - Hijack boss Mohamed Atta received more than $200,000 in secret money transfers from Pakistan, the United Arab Emirates and Germany in the months before the World Trade Center...

[[BD+GRITTY KITTY FOUND ALIVE - SURVIVES 18 DAYS IN RUINS

Meet the miracle kitty who survived 18 days without food amid the debris of ground zero. Emergency workers rescued Precious the cat from the debris-covered roof of a damaged apartment...

CELEBRITIES 'COME TOGETHER' FOR FUND

The spirit of John Lennon will soar high tonight as an all-star lineup of rockers and pop stars join together at Radio City Music Hall and raise money in part...

MARK: I'D BE GREAT IN CRISIS, TOO

Mayoral candidate Mark Green yesterday boasted that he would "have done as well or better than Mayor Giuliani" in running the city following the terrorist attack on the World Trade...

SHARON STONE RUSHED TO HOSP WITH BRAIN ANEURYSM

Sexy Sharon Stone remained hospitalized yesterday after sudden head pains led doctors to discover she suffered a brain aneurysm. The 42-year-old "Basic Instinct" sexpot was rushed to a San Francisco...

TEEN SLAIN FOR LAUGHS

A laughing gunman shot and killed a teenage girl in front of a Brooklyn club - apparently for kicks, a witness told The Post yesterday. It was only the second...

BILL FIGHTS SUPREME SLAP - COURT MOVES TO DISBAR FORMER PRESIDENT

Bill Clinton plans to fight an order by the U.S. Supreme Court to strip him of his license to practice law before the highest court in the land, the ex-president's...

TEARS FOR THE COMMANDER - FIRE HERO IS AMONG SIX MORE LAID TO REST

Remembering him as a devoted family man, dedicated firefighter and diehard Yankee fan, thousands gathered at St. Patrick's Cathedral yesterday to say farewell to beloved Assistant Chief Gerard Barbara. The...

TRAFFIC DROP SHOWS SOLO DRIVERS OBEYING BAN

Drivers definitely are getting the message to steer clear of Manhattan during the morning - major bridge and tunnel traffic has plunged dramatically since a single-occupant car ban was adopted,...

LIBERALS' LOONY LOGIC FIZZLES UNDER THE GUN

IT IS amazing how liberals, whom I regard as traitors in this time of crisis, like to quote the Constitution. I was talking to Donna Lieberman, the interim executive of...

GREEN HAS FALLEN OUT OF FAVOR BY 'EXTENSION'

ANALYSIS Suddenly, Mark Green is playing defense. Green's decision last week to support Mayor's Giuliani request for a three-month term extension isn't going over very well with Democratic leaders. Green...

BUSH VISITS US AGAIN, FOR THE KIDS

WASHINGTON - President Bush is coming back to New York tomorrow to comfort schoolkids and talk about how the city can bounce back from the terror attack, the White House...

IRAN: U.S. CAN'T FLY OUR SKY

WASHINGTON - Iran yesterday declared its airspace off-limits to America - and threatened to shoot down any U.S. warplanes that fly over. Iranian Defense Minister Ali Shamkhani said Iran will...

BUSH PLANS TO PUSH NEW ROUND OF TAX CUTS

President Bush's plan to kick-start the economy after the terror attacks will feature business and personal tax cuts, but capital-gains tax cuts look less likely, a senior administration official said...

BLAIR WARNS THE TALIBAN: WE'RE COMING TO GET YOU

British Prime Minister Tony Blair will declare war on the Taliban today, warning Osama bin Laden's protectors that their troops will be targets of military strikes. In a speech at...

TRAGIC BODY COUNT MOUNTS

Searchers recovered 18 bodies yesterday in the latest heart-wrenching discoveries at ground zero. Fourteen firefighters - at least a dozen in full gear - were among those found in the...

TROOPS FOR AIRPORTS - NATIONAL GUARD IS DUE HERE

In an effort to rebuild confidence in air travel, armed National Guard troops will be deployed at all three major metropolitan airports beginning Friday, officials said yesterday. Gov. Pataki announced...

PRE-GAME TRIBUTE STIRS JETS' CROWD

JET NOTES The Giants Stadium crowd witnessed a stirring pre-game ceremony before last night's 19-17 Jets' loss to the 49ers, one that included Herman Edwards presenting Mayor Giuliani with the...

HOFSTRA LANDS GRADY GUARD QUINCY DOUBY

If you were concerned Hofstra would fall back to mediocrity with Jay Wright gone to Villanova, you can stop worrying. Yesterday, the Long Island school proved it can still compete...

IT'S A LOST CAUSE - BUCS PUSH METS TO BRINK OF ELIMINATION

Shea Stadium was a cold and lonely place last night. Many Met fans apparently felt that the miracle postseason push ended in the ninth inning Saturday in Atlanta when the...

SUDDENLY, THERE'S HOPE ON WHAT'S BEEN DISMAL ISLE

From out of the choppy waters off Montauk, Mike Milbury and the Islanders have re-emerged from the shipwreck that was Long Island hockey. Cast away and left crumpled on the...

DEVS KEEP BC ROOKIE AS BACKUP

The NCAA champion goalie has added another triumph to his resume. Scott Clemmensen is set to start the season as the Devils' backup. "He seems to be, for now," Larry...

GRITTY WIN MAY PAY DIVIDENDS

That is what it's like. Without having to go into a long lecture, that is the message the veteran members of the Giants wished to impart to the youngsters who...

TIKI MIGHT SIT IT OUT VS.'SKINS

GIANT NOTES Initially, when Tiki Barber hurt his left hamstring while completing a 14-yard touchdown run against the Saints, the feeling was the injury was only a strain and he...

HOPKINS NOW APOLOGETIC

The first stop will be San Juan, Puerto Rico, where Bernard Hopkins, the new undisputed middleweight champion, plans to make a formal apology for disgracing the Puerto Rican flag earlier...

MJ MEETS THE PRESS - SAYS HOOP ITCH NEEDED TO BE SCRATCHED

WASHINGTON, D.C. - Michael Jordan, speaking to the media for the first time since the Wizards announced his return, sat at a podium on the MCI Center practice court -...

SPREE: NEW KNICKS ARE STRONGER

Latrell Sprewell, armed with five pounds of added muscle, said he's disappointed the Knicks did not acquire Chris Webber but still believes the club improved in the offseason. "It wasn't...

JOHNSON PUT ON THE BACK BURNER

The Knicks are moving on without Larry Johnson - literally. When the Knicks flew yesterday to Charleston after Media Day at SUNY-Purchase, Jeff Van Gundy made the decision to leave...

VAN HORN: HERE'S LOOKIN' AT YOU, KIDD

With Sam, it worked. With Stephon, it didn't. But Keith Van Horn is certain he will develop an on-court chemistry with Jason Kidd much like the one he shared with...

WARD DEALS IN WORKS - LAYDEN HAS OFFERS IN HAND FOR CHARLIE

CHARLIE Ward's Knick pilgrimage is about to be terminated, say sources. Within the next few days management plans to decide which offer (as hard as it is to fathom, I'm...

BLACKBURN NETS 3-YEAR RANGER DEAL

Three years from now, Dan Blackburn can toast his new deal with some champagne. For now, break out the fruit punch. The Rangers' 18-year-old goaltender made it official yesterday, inking...

PHILLIPS: WE'RE NOT ABOUT TO CLOSE BOOK ON BENITEZ

On Opening Day, 2002, Mets GM Steve Phillips expects Armando Benitez to be the club's closer. "I have no thought or idea of trading him," Phillips said before the Mets'...

METS SHARE BLAME FOR LOST SEASON

FOR 4 ½ months, the whole Met team was the recent Armando Benitez. It is easy to forget that now when the meaning of each game is clear the way...

NINERS SHOW JETS REAL 'WEST COAST' - S.F. OFFENSE ERASES MARTIN'S 2 TDS

49ers 19 - Jets 17 Well, at least the Jets and their fans got a chance to see what the "West Coast" offense is supposed to look like from an...

PETTITTE LIKELY TO FACE A'S IN GAME 2

YANKEE NOTES Joe Torre already has a playoff rotation in his head, and it depends on the health of the starters as well as the opponent. The Yankee manager never...

A STERLING EFFORT - HITCHCOCK GOES DISTANCE IN ROUT

About a week ago, Joe Torre's biggest problem was weighing the merits of Clay Bellinger versus Luis Sojo. The 25-man postseason roster was just about set. That all changed when...

INJURY BUG HAS TORRE SHUFFLING

About a week ago, Joe Torre's biggest problem was weighing the merits of Clay Bellinger versus Gerald Williams. The 25-man postseason roster was just about set. That all changed when...

PETTITTE LIKELY GAME 2 STARTER VS. A'S

YANKEE NOTES Joe Torre already has a playoff rotation in his head, and it depends on a few things. First, the health of the starters. Second, the Yanks' opponent. Torre...

THE NUMBERS GAME - METS NEED MATHEMATICAL MIRACLE TO SURVIVE

When Bobby Valentine's office door opens for this weekend's series with the Expos at Shea, he expects the conversation to be about the possibility of a Met miracle. "I dread...

JET CRY FOR PATIENCE WEARING THIN - GANG GREEN BUILT TO WIN NOW

There was a distinct and potentially-alarming theme emanating from the Jets last week - even in the days leading up to their pivotal nationally-televised game against the 49ers last night...

HERM: MOSS THE BOSS ON RETURN

JET NOTES He wasn't going to be in uniform for the Jets last night, but Santana Moss, their No. 1 draft pick, is getting closer to returning to practice -...