December 21, 2001

PROFIT BOMBS ROCK DOW

Poor profits reared their ugly heads yesterday, handing the Dow Jones industrial average its first loss in five days. The Dow fell 85.31 to 9,985.18, while the S&P 500 index...

LEIBER GROUP FASHION EMPIRE CRUMBLING

The Leiber Group is on life support. The struggling fashion group has cut its staff to three - all working as consultants. Sources close to the company said President Susan...

FUND IN $100M DEAL FOR 7TH AVENUE SITE

An affiliate of a Canadian pension fund is under contract to buy a 50 percent interest in 498 Seventh Ave. for about $100 million. NorthStar Capital, a locally based opportunity...

NOW, REST OF AT&T IS UP FOR GRABS

While AT&T Corp.'s blockbuster deal with Comcast marks the beginning of a new communications giant, it may also mean the end of another. Now that AT&T has agreed to sell...

FLEECING MA BELL : BUMBLING MIKE GETS RAISE, PROMOTION

Instead of getting fired, Michael Armstrong managed to get a raise and a promotion. The embattled chief of AT&T might very well have been ousted by his board for the...

PAPER CUTS AT OBSERVER

ARTHUR Carter is apparently not ready to pump any of the millions that he earned from the sale of his Litchfield County Times into The New York Observer - his...

THAT BIG MOUTH JOOP WILLGO FROM RICHES TO RAGS

What goes around, comes around. First, designer Wolfgang Joop badmouthed the World Trade Center towers, calling them "a symbol of capitalist arrogance," in the aftermath of the attacks of Sept....

'HOW HIGH' A NEW LOW IN MARIJUANA MOVIES

HOW HIGH How low is this comedy? Very.Running time: 87 minutes. Rated R (drug, toilet and sex humor). At the Empire, Broadway & 84th St., Union Square, others. IT'S hard...

'NEUTRON' BOMBS

JIMMY NEUTRON:BOY GENIUS "Shrek" it's not.Running time: 83 minutes. Rated G (nothing objectionable). At the Empire, the First and 62nd Street, the Kips Bay, others. THE computer-animated "Jimmy Neutron: Boy...

TREE & SYMPHONY ; OUT ON A LIMB FOR XMAS TUNES

WHAT is the sound of one tree singing?At the South Street Seaport every weekend through New Year's Eve, it's the reverberation of Christmas joy. If you've never seen or heard...

NOTHING 'MAJESTIC' ABOUT IT

THE MAJESTIC 1/2 Martin Guerre at the last picture show - it's not a wonderful movie.Running time: 152 minutes. Rated PG (nothing objectionable). At the Empire, the Lincoln Square, the...

MCCOYS, HATFIELDS IN BRAZIL

BEHIND THE SUN A gorgeous sun-baked fable from Brazil.In Portuguese with English subtitles. Running time: 105 minutes. PG-13 (violence, brief sexuality). At the Sunshine Cinema, Houston and Forsyth streets.THE latest...

STAY HOME - IT'S AN IMPROVEMENT

JOE SOMEBODY 1/2 Heavily formulaic makeover comedy.Running time: 93 minutes. Rated PG. At the Empire, the Murray Hill, the Chelsea. THERE are moments when it looks as if "Joe Somebody"...

SYMPATHY FOR A RAT

I COULDN'T believe my ears. I'm watching this CNN interview with the shaggy-haired traitor John Walker yesterday when suddenly I hear the interviewer - identified as a CNN correspondent -...

$65M ANCHOR KATIE COURIC'S LAUGHING... SO HOW ABOUT POOR MATT? ; LAUER WILL HAVE TO FIND A WAY TO SIT NEXT TO HER WITH OUT FEELING, WELL, SHABBY

JUST what is poor Matt Lauer going to do now? Suddenly the other "Today" host finds himself in the passenger seat next to perky Katie Couric, who this week became...

REASONS TO BE CHEERFUL; MARIAH MAKES US HAPPY FOR THE HOLIDAYS

"A Home For The Holidays with Mariah Carey" Tonight on CBS at 8 ½ THERE is no doubt but this will be the toughest holiday season for Americans in many,...

B'WAY TAKES THE RAP: MOS DEF WILL HIP-HOP FROM BROOKLYN TO THE GREAT WHITE WAY

'HIP" is not a word you'd apply to most people who work on Broadway.So when word leaked out this week that the producers of "Top Dog/Under Dog" had lined up...

THERE'S NOT MUCH 'GOOD' IN 'THING'

GOOD THINGAt the Theater at St. Clement's Church, 423 W. 46th St. For tickets, $25 and $35, phone (212)279-4200. Through Jan. 13. SOAP-opera naturalism is a puddle in which it's...

'BEAUTIFUL'! MADNESS AND MATH - AND EVERYTHING ADDS UP

A BEAUTIFUL MIND **** Four stars Terrific, surprisingly gripping true-life tale of a math genius battling madness. Running time: 129 minutes. Rated R (adult themes). At the Lincoln Square, the...

BUBBLES BEHIND BUBBLY'S BUZZ

The bubbles really do make New Year's hangovers the worst. A new study supports the assumption that champagne's carbonation allows alcohol to be absorbed more quickly. In a study of...

GOONS COULD GO GUERRILLA ; TATTERED TALIBAN LOOKS TO REGROUP

WASHINGTON - Fugitive Taliban leader Mullah Mohammed Omar and hundreds of loyalists may be regrouping to fight a guerrilla war against U.S. forces and the new Afghan government from the...

LAWYER STILL WANTS NEST FOR SWISS MISS

A little murder-for-hire plot apparently couldn't kill the romance between lawyer Sanford Asher and Swiss miss Line Grosjean - he's been shopping for a sumptuous love nest where they can...

ARAFAT'S LOVE OF BLOOD

IT didn't take long. Only two days, in fact. Two days for Yasser Arafat to prove yet again that his currency is the blood of the innocent, not the peace...

'LORD' RINGS UP $18M AT BOX OFFICE

"Lord of the Rings: The Fellowship of the Ring" rang up a whopping $18.2 million in U.S. theaters on its opening day - and may eventually give "Harry Potter and...

TOO SENSITIVE BY HALF

THERE has been much pious talk in recent weeks about the importance of catering to Muslim and Arab "sensitivities" while we make war on the Taliban and al Qaeda. First,...

FURY AT 'CON'TRACTOR: HE PREYED ON FIRE VICTIMS: L.I. COPS

A disabled Long Island grandmother will celebrate Christmas in a trailer outside her fire-gutted house - because she was burned by a contractor she says stole $95,000 in insurance money...

RULING WILL KEEP CITY APT. RENTS DOWN

ALBANY - The state Court of Appeals handed tenants in rent-controlled buildings a $15 million-plus victory yesterday, upholding a city regulation which holds down rental costs. The top court's highly...

FIRE CHURCH PRAYS FOR XMAS MIRACLE

The fate of holiday services at the Cathedral of St. John the Divine was still in doubt last night as work crews raced to clean up fire damage at the...

SADDAM DEATH SQUAD BARED: 'DIRTY 30' SET LOOSE ON WORLD: EX-AIDE

A top-secret squad of 30 Iraqi terrorists, all specially trained killing machines, are loose around the world and could strike anytime and anywhere, a former top spy of Saddam Hussein...

500 MARINES TO JOIN HUNT FOR DESERT RAT

WASHINGTON - A contingent of 500 U.S. Marines will be sent to Tora Bora later this week to scour caves, goat trails and mountain passes as part of the massive,...

COURT HANDICAPS MIKE IN COP, FIRE UNION DISPUTES

ALBANY - The state's top court gave Mayor-elect Mike Bloomberg a new fiscal headache yesterday as it ruled that police- and fire-union contract disputes can be resolved by the state....

SAFIR BEING TOLD TO LET DOWN HIS GUARD

More than 16 months after leaving the NYPD, former Commissioner Howard Safir will finally lose the unprecedented detail of police detectives who guard and chauffeur him around town, The Post...

KERIK CAN'T OVERLOOK DETAILS

Police Commissioner Bernard Kerik has told top brass he doesn't need a security detail when he leaves office at midnight Dec. 31 - he prefers to take care of himself....

WIDOWED MOM WANTS MORE THAN PROMISES

One widow remains skeptical over the compensation package unveiled yesterday for families of the Sept. 11 terror attack victims. "I don't think we're getting the full story," Andrea Russin told...

ROY MIGHT QUIT SENATE FOR STAFF JOB WITH BLOOMY

EXCLUSIVE Roy Goodman, one of the state Senate's longest-serving members, is considering stepping down to take a position in the Bloomberg administration, The Post has learned. Goodman's departure after 32...

ED. BIGS WANT $388M FOR CITY SCHOOLS

ALBANY - Big Apple schools would get $388 million more in state funding under a proposal submitted yesterday by state education officials. The Board of Regents, which oversees the state...

STRIKE STILL LOOMS ON QNS. BUS LINES

Private commuter buses were rolling in Queens yesterday, but a strike threat continues to loom over 110,000 riders as labor contract negotiations resume today. "I was so happy [yesterday] morning...

MISS LIBERTY AGAIN GREETS ISLE VISITORS

When the first ferry chugged toward the Statue of Liberty yesterday for its grand reopening, a solitary firefighter at the boat's bow carried the ghosts of 343 heroes with him....

SCHOOL AIDE ROUGHS UP BLIND KID: COPS

A teacher's aide at the Jewish Guild for the Blind in Manhattan was arrested yesterday for allegedly pinning a 9-year-old blind boy to the floor with a chair, police said....

SECURITY TARGETS EVE-L DOERS ; COPS ON ALERT FOR NEW YEAR'S BIOTERROR

Police are planning stepped-up anti-terrorist measures to protect New Year's Eve revelers at Times Square, including hand-held metal detectors and devices to monitor the air for biological weapons, sources said....

NEIGHBORS: SCRUB THE CLUB!: LIMELIGHT'S NEW BOOZE PERMIT SPURS OUTRAGE

Chelsea neighbors of the perennially noisy Limelight club say they're furious state officials approved another liquor license for the site over their objections - and they may sue to stop...

GRENADE SHATTERS TOWN'S NEWFOUND PEACE

A suspicious explosion ripped apart a central market in the first liberated northern Afghan town yesterday, leaving dozens of people injured. At least 100 people were wounded when, according to...

TIMES SWEAR: BLOOMY TO TAKE OATH FROM RUDY AFTER BALL DROPS

Mayor Giuliani will pass the torch to his successor, Mike Bloomberg, in an unprecedented Times Square ceremony soon after the New Year's ball drops - to send a signal that...

JEB BACKS OUSTER OF 'TERROR' PROF

Gov. Jeb Bush yesterday backed University of South Florida's controversial decision to fire a Palestinian professor with suspected links to terrorists, while critics called the ouster a political lynching. University...

TEXAS JUSTICE FOR DURST

Pennsylvania Gov. Mark Schweiker has signed a warrant to extradite millionaire murder suspect Robert Durst to Texas, clearing the way for extradition proceedings to begin against him. The next step...

JOB LOSSES GET WORSE ; THOUSANDS MORE VANISH IN NOV.

The city lost another 18,800 jobs last month - on top of the record 78,800 that vanished in October, Comptroller Alan Hevesi reported yesterday. The two-month total loss of 97,600...

BUSH FREEZES MORE TERROR-SUSPECT CASH

WASHINGTON - Two organizations believed to be funding terrorism had their assets frozen yesterday on orders of President Bush. "I'm announcing two more strikes against the financing of terror," said...

$5B N.Y. AID DEAL DIES IN CONGRESS

A $5 billion package of tax breaks aimed at sparking new growth in lower Manhattan died yesterday, the victim of a nasty spat between Republicans and Democrats over the national...

'PICK-UP' TRUCK SAVES BRONX KID

A red pickup truck mowed down two 12-year-old boys riding double on a bicycle yesterday, pinning one until about 30 bighearted, strong-armed good Samaritans tipped the truck over and pulled...

9/11 ILLS FORCING FIREMEN OFF JOB

About 400 of New York's Bravest are on sick leave with serious respiratory problems after their round-the-clock rescue mission at ground zero, the firefighters union said yesterday. Tom Manley, sergeant-at-arms...

MOB BIG CUTS 13-YEAR JAIL DEAL

Alphonse "Allie Boy" Persico cut his losses yesterday, pleading guilty to a host of mob-related crimes as acting boss of the Colombo organized crime family - and agreeing to serve...

MEAT HOOKERS REIGNED AT WHITE CASTLE: DA

Countless male customers craved more than burgers at a Brooklyn White Castle. Saying it served up underage prostitutes to go, cops yesterday afternoon shut down the popular 24-hour "meat" market...

ACCUSED SLAY MOM BARES TOT'S HORROR

The 4-year-old girl named Signifagance, but known as Betty, never stood a chance, according to her mother's horrific, rambling account of drowning her in the bathtub. "My daughter was fighting...

BID TO STALL REOPENING OF PS 89

Teachers at PS 89 blasted Schools Chancellor Harold Levy's plan for them to return to their school near ground zero on Feb. 4, saying the move will cause more havoc...

STATE SUMMER-JOB AIDE BUSTED IN 200G RIP-OFF

A state employee in charge of helping troubled kids land summer jobs allegedly lined her own pockets with more than $200,000 stolen from the subsidized program and the city welfare...

EA$ING THEIR PAIN: FEDS TO GIVE AVERAGE $1.6M TO EACH WTC FAMILY

WASHINGTON - Families reeling from the terror attacks that stole their loved ones will each receive an average of $1.6 million in federal death benefits, Ken Feinberg, the Manhattan lawyer...

HAMAS IN CLASH WITH YASSER'S RIOT POLICE

JERUSALEM - More than 500 Palestinian police officers clashed with Hamas supporters outside the Gaza home of a terrorist chieftain yesterday in a showdown that left at least 11 people...

WIDOW SUES AIRLINE OVER HUBBY'S DEATH

A New Hampshire woman whose husband died on one of the hijacked jets that slammed into the Twin Towers wants to make United Airlines pay for letting the terrorists comandeer...

GROUND ZERO'S 'MAGNIFICENT 6' SALUTE KABUL HEROES

KABUL, Afghanistan. THE heroes of Kabul today gave a warrior's welcome to the heroes of ground zero. "Gentlemen, the United States of America has arrived" said Guy Smith, organizer of...

ANNA NICOLE TELLS OF 'BIRDS & BEES'

SANTA ANA, Calif. - Lawyers opposing model Anna Nicole Smith's claim to her late elderly husband's estate battered the plump pinup yesterday, bluntly asking about intimate details of their May-December...

200G GEM HEIST A HIGHWAY ROBBERY

A band of thieves ran a 62-year-old jeweler's Mercedes-Benz off the Van Wyck Expressway last night and robbed him of $200,000 worth of diamonds and gold, police said. The robbers,...

DERANGED MAN IN FIERY SUICIDE

A Manhattan man with a history of mental problems died yesterday after setting himself on fire, police said. Francisco Medina, 36, of 91 Fort Washington Ave., had not taken his...

'RINGS' VS. 'MIND AS OSCAR PICTURE COMES INTO FOCUS

The epic "The Lord of the Rings: The Fellowship of the Ring" looks to be duking it out with the tearjerker "A Beautiful Mind" with Russell Crowe come Oscar time....

APPEALS COURT HANDICAPS MIKE FOR FUTURE UNION SQUARE-OFFS

ALBANY -The state's top court gave Mayor-elect Mike Bloomberg a new fiscal headache yesterday as it ruled that police- and fire-union contract disputes can be resolved by the state. The...

KURT'S MOM BACKS LOVE IN NIRVANA SUIT

The heartsick mom of Kurt Cobain has sided with Courtney Love in the bitter war over who should control the music of her tragic son's pioneer grunge band, Nirvana. Wendy...

SMITTEN LAWYER STILL SEEKS LOVE NEST WITH SWISS MISS

A little murder-for-hire plot apparently couldn't kill the romance between lawyer Sanford Asher and Swiss miss Line Grosjean - he's been shopping for a sumptuous love nest where they can...

FIRE HEROES DELIVER FOR NEW MOM

Some Bronx firefighters still mourning the loss of so many lives on Sept. 11 yesterday rejoiced after they helped bring a new life into the world. The five firefighters and...

'MAGNIFICENT 6' CARRY SCHOOLKIDS' BLESSINGS

OSTENDE, Belgium. THE Magnificent 6, the four firefighters and two cops on their way to a historic trip to Kabul, Afghanistan, will not only be bringing humanitarian relief to the...

CAMBY, KURT COME UP SHORT

KNICK NOTES While Latrell Sprewell and Allan Houston were combining for 52 points, the Knicks got nothing from their two starting big men in their shocking 90-88 loss last night...

WAGNER BRINGS MEMPHIS HOME

Memphis 64 Temple 54 PHILADELPHIA - Thirty minutes after Memphis guard Dajuan Wagner had helped lift his Tigers to a 64-54 win at Temple -the Camden, N.J., native had made...

FED UP WITH GENERAL MILLS

GENERAL Mills, maker of a variety of breakfast cereals, is promoting the nation's largest animal rights organization by distributing free calendars in specially marked boxes of Golden Grahams cereal. The...

RANGERS, ISLES MAKE US PROUD

WHEN our two teams meet on the ice tonight at the Garden it isn't likely to be pretty, not with the competition for playoff spots that have been too far...

ISLES MAKING TRACKS

Baseball has its Subway Series. Now hockey has its Railroad Rivalry. The Islanders, set for tonight's grudge match at the Garden with the Rangers, took the Long Island Railroad into...

NFL CATERS TO DRUNKS, CREEPS

NOW that the genie is out of the beer bottle, we're supposed to be shocked, shocked. But let us examine, through a three-day chronology, how the NFL, its marketing strategists,...

EDWARDS HAS DEEP THOUGHTS ABOUT SANTANA

JET NOTES With the Jets pining for a downfield passing attack of any sort, they might receive a boost from rookie No. 1 pick Santana Moss this week. Moss, who...

NETS MUST IMPROVE AT CHARITY STRIPE

Keith Van Horn has a problem. He knows the Nets have been struggling from the free-throw line for far too long and that the issue has to be addressed. But...

HIT DOG STILL HUNTS ; VAUGHN'S BIG BAT RETAINS ITS BITE

Hitters come in all sizes and ages at The Hit Dog Training Center in Stoughton, Mass. The little ones, from age 5 to 7, are called The Hit Puppies. And...

RILEY DESERVES THE HEAT

FROM what we witnessed Tuesday night in Miami, Pat Riley would do everybody a big solid if he followed Dan Issel's lovely lead and insulted a paying customer . ....

RUSSELL KNOWS OLD FRIEND HAS TOUGH TASK

Bill Russell thinks Don Chaney can succeed in New York, but the Celtics legend sounds a bit worried about the hand dealt to his former teammate. "Don's a very knowledgeable...

D-BACKS, WELLS CLOSE TO A DEAL

While Yankees VP Mark Newman went to David Wells' house to watch him work out with a personal trainer yesterday, there were strong indications coming out of Arizona that the...

ROBINSON'S INJURY FORCES HERM ; TO PUT FERGUSON IN MANNING FIRING LINE

For the Jets, their last up-close-and-personal look at the Colts was hard to stomach. The result, a 45-24 Colts' shellacking of the Jets in Herman Edwards' head coaching debut on...

IT'S NEW SHOE TIME FOR JINTS' COLLINS

GIANT NOTES You know all those low throws made last Sunday by Kerry Collins? The ones that glanced off the shoe-tops of his receivers? Collins says the problem against the...

WILL NOT 'CRUSHED' ; ALLEN THRIVING IN SEHORN'S SHADOW

From his vantage point, his locker at the end of a short row in the middle of the room, Will Allen can look to his right, glance around a corner...

METS MEET WITH HIGH-PRICED MO

With the Christmas break starting, GM Steve Phillips is expected to decide today if he can add one more very big, expensive present before the holiday. Mo Vaughn could be...

ST. JOHN'S SURVIVES STORMY START AT HOME

St. John's 89 St. Francis 82 St. John's coach Mike Jarvis equated last night's game against St. Francis of Brooklyn with an NCAA Tournament first-round contest. It wasn't pretty, but...

METS CUT WHITE LOOSE

In an effort to save money that could go toward Mo Vaughn or Juan Gonzalez, the Mets decided not to offer setup man Rick White a contract yesterday. White, who...

GRIZZLY WAY TO GO

Grizzlies 90 Knicks 88 All the missed tips at the end during a mad final sequence was just the tip of the iceberg. The Knicks' disgraceful 90-88 loss to the...

DEVILS GIFT-WRAP TIE FOR CHRISTMAS

Devils 3 Oilers 3 They were within 96 seconds of a share of eighth place, having scored a luxurious third goal for the first time in five games. But these...

BATTIER: A MAN AMONG ROOKIES

MIKE KRZYZEWSKI always said Shane Battier was destined to do "fantastic" things with his life. If averaging 14.4 points and 4.7 rebounds, 2.6 assists, 1.71 steals for a 5-19 basketball...

KNICKS EYE WILLIAMS EYED AS ASSISTANT

KNICK NOTES The Knicks will add another assistant coach to replace the vacancy left by Don Chaney's promotion to head man within the week. Ex-Knick center Herb Williams was at...

KNICKS EYE WILLIAMS AS ASSISTANT

KNICK NOTES The Knicks have decided to hire another assistant coach within the week to fill the vacancy created by Don Chaney's promotion to head man. Ex-Knick center Herb Williams...

TIME RUNNING OUT ON CHANEY

THERE is no grace period in this town. Sometimes, little sense of reality, too, as the Knicks, minus a low-post scorer, a top-notch point guard and size in a laundry...

KNICKS COLLAPSE IN CRUNCH TIME

Grizzlies 90 Knicks 88 The Knicks had five chances in the final 5.9 seconds and blew them all as they blew the night. Wasting Latrell Sprewell's 17-point fourth quarter surge,...

STAMP OF APPROVAL: SPREWELL BACKS HIS NEW BOSS CHANEY

If there was any doubt that Latrell Sprewell has now accepted Don Chaney as his new boss, the turning point came during those back-to-back heartfelt meetings following the Knicks' four-game...

BRYLIN AWAITS OLYMPIC WORD

While Slava Fetisov said that Detroit center Sergei Fedorov will be the "leader" of the Russian Olympic Team, the GM/coach chose to wait until noon today to reveal if Devil...

STORM HAPPY TO PLAY HOST TO NYC BRETHREN

If you can imagine St. John's as an NCAA Tournament team, then imagine last night's game against St. Francis of Brooklyn as a first-round contest. Mike Jarvis did. The Red...

HOT-SHOT WAGNER IGNORES CRITICS

PHILADELPHIA - Memphis guard Dajuan Wagner has lived up to his billing as the best freshman player in the country. Going into last night's game at Temple, the Camden, N.J.,...