May 22, 2002

OVERSIGHT AT SEC IS JUST THE PITTS

The most red-faced victims in Merrill Lynch's scandals are the Securities and Exchange Commission and its bungling boss Harvey Pitt. The once mighty watchdog of the world's biggest capital market...

WALLPAPER GETS TEEN PEOPLE'S EX

Time Inc. has hired a Swiss Miss to put up the Wallpaper. The protracted exit of Wallpaper founder Tyler Brule from his cutting-edge, London-based design and style magazine was completed...

DEJA VU ON WALL STREET AS DOW SINKS 123 AGAIN

One-two-three: you're running out of money. The Dow just posted back-to-back 123-point losses. Yesterday's sell-off came on concerns about terrorist attacks, a widening analyst scandal on Wall Street, a lack...

DREXLER OUT AS GAP'S CEO

Millard "Mickey" Drexler has thrown in the towel at the Gap, Inc. The 57-year-old president and CEO announced that he will be retiring after 20 years on the job -...

LAWSUITS FLYING IN WAKE OF MERRILL SETTLEMENT

A flood of lawsuits is expected to erupt from wronged investors trying to get even against analysts at Merrill Lynch and other big Wall Street firms who suckered them. A...

MERRILL CAVES IN - SPITZER TAKES AIM AT REST OF WALL ST.

Fresh from his victory over Merrill Lynch, New York Attorney General Eliot Spitzer is turning his guns on the rest of Wall Street. The hard-charging AG and Merrill announced yesterday...

ROSIE'S MAG BOTTOMS OUT

ROSIE O'Donnell's magazine, Rosie, has been plagued by newsstand erosion since early this year, but the numbers fell off the table in May - the issue in which the controversial...

POLS MULL DESIGNERS FOR GROUND ZERO SITE

QUIRKY Rem Koolhaas and well-respected Robert A.M. Stern were among the architects passed over by the Port Authority and Lower Manhattan Redevelopment Corp. to plan the hubs and grids for...

NOW MORGY WANTS A PIECE OF THE ACTION

Look out Henry Blodget - Manhattan District Attorney Robert Morgenthau could be knocking on your door next. While Merrill Lynch has settled charges with New York Attorney General Eliot Spitzer,...

GAP CEO DREXLER QUITS: HIS FAILED MARKETING STRATEGY KILLED SALES

Millard "Mickey" Drexler has thrown in the towel at the Gap, Inc. The 57-year-old president and CEO announced that he will be retiring as soon as the company's board of...

LAWSUITS FLYING IN WAKE OF SETTLEMENT

A flood of lawsuits is expected to erupt from wronged investors trying to get even against analysts at Merrill Lynch and other big Wall Street firms who suckered them. A...

STARR REPORT

Wallace provides rare glimpse of Steinberg Ch. 7's Sarah Wallace has snagged an exclusive interview with Joel Steinberg - convicted in the 1987 beating death of his 6-year-old adopted daughter,...

HOW TO GAUGE BY AGE

IT'S a myth that wine must be old to be good. In fact, most wine should be drunk within a year or two of its vintage - and for some...

RULE ON, ROUGE

ROUGE ½ 135 E. 62ND ST. (212) 207-4601 DAVID Ruggerio, the most mercurial of New York's great chefs, is back in the kitchen at Rouge. I urge you to go...

'WORLD' OF DESPAIR

BACK OF THE WORLD 1/2 An unflinching look at the world's dispossessed.In English and Spanish with subtitles. Running time: 89 minutes. Not rated (disturbing images). At the Two Boots Pioneer...

IT'S HORRIBLE. WATCH IT

LAST week the country was divided on whether or not CBS should have aired the Daniel Pearl assassination video. This week HBO will premiere "In Memoriam New York City 9/11/01,"...

38 REASONS H'WOOD HATES NEW YORK ; NOT ONE OF THESE NEW SHOWS WAS MADE IN OUR TOWN

OUT of 38 new TV shows slated to debut this fall, for the first time in recent memory, none of them will be filmed in New York. It is a...

BRUNO'S CLUB'LL COST YA

A NEW members-only dining club will open on the Upper East Side this September. Owner Bruno Jamais, long-time maitre d' of restaurant Daniel - and until recently, the front man...

TIPTOE THROUGH 'GARDEN' BEFORE 'HOUSE'

HOUSE and GARDENAt the Manhattan Theatre Club, 131 W. 55th St. Call CityTix, (212) 581-1212. A LAN Ayckbourn's 1999 "House" and "Garden" are two interlocking plays, staged in adjacent theaters...

CRAWL OF WILDE - BRILLIANCE OF 'EARNEST' SURVIVES THIS TEDIOUS TAKE

THE IMPORTANCE OF BEING EARNEST [ 1/2] Crass adaptation of the hilarious Wilde masterpiece. Running time: 94 minutes. Rated PG (mild sensuality). At the Paris Theater, West 58th Street and...

'SMELL' SAYS PRESS STINKS

THE producers of "Sweet Smell of Success" - a musical about the power of the press - have had it up to here with the power of the press. They've...

ROGERS WON'T RULE OUT N.Y.

Former Sixth Man of the Year Rodney Rogers of the Celtics figures to be one of those free agents who could be had with the mid-level, salary-cap exception come July...

FREEDOM AFLOAT: PRIDE OF OUR GREAT NATION SAILS IN

New Yorkers will be the first civilians allowed aboard U.S. warships since Operation Enduring Freedom began when the Navy sails into town today to kick off the 15th annual Fleet...

GAFFE-IC ILLUSTRATION OF HOW NOT TO RUN FOR HIGHER OFFICE

ALBANY - A surprising series of gaffes and miscalculations have dogged Comptroller Carl McCall recently, making many wonder if he has the political skill to go all the way. The...

BOOKKEEPER MCCALL EYES HISTORY BOOKS

With the state Democratic Convention set to begin today, The Post takes a look at Democratic hopeful Carl McCall's record as state comptroller. The Democratic gathering kicks off in Manhattan...

WINNER AT LAWSUIT 'CON' GAME

A would-be killer won nearly $750,000 from the city after he broke his ankle tripping on a sidewalk - in just one of the massive payouts Mayor Bloomberg says are...

IRAN TOPS U.S. LIST OF TERROR BACKERS

WASHINGTON - Iran remains the world's most active sponsor of terrorism and has intensified its backing for violent Palestinian groups, the State Department said yesterday in its annual report to...

PETITION: PUT DRUNK COP AWAY FOR MAX

The family of the four victims mowed down by a drunken cop in Brooklyn last summer delivered a petition to court yesterday carrying the signatures of 4,000 people demanding the...

MIKE LIKES RENT PANEL'S 'REASONABLE' HIKES

Mayor Bloomberg said yesterday that a preliminary decision by the Rent Guidelines Board approving rent hikes of 2 and 4 percent for new one- and two-year leases "seems somewhat reasonable."...

JUDGE NIXES DEAL IN L.I. SEX-PRIEST CASE

A Long Island judge yesterday withdrew a promise of only six months behind bars for priest and admitted sex abuser the Rev. Michael Hands - and the victim's family applauded...

NO GUNS FOR PILOTS

WASHINGTON - Pilots won't be permitted to have guns in the cockpit because the risks are too high, the nation's air-security chief said yesterday. But the feds are considering stun...

REBUILDING: SURVIVAL OF THE LAMEST?

ALL's fair in love, war and Ground Zero rebuilding politics. The freshest slice of not-so-clean fun is the torment of Alexander Garvin, reported under scrutiny because he didn't vote the...

ALBANY PUSHING ATM PANIC BUTTON

ALBANY - Looking to curtail crimes at ATMs, lawmakers are pushing a bill that would require banks to install emergency 911 panic buttons. The bill, sponsored by Assemblyman Scott Stringer...

ANDY PULLS OUT OF CONVENTION - WILL 'TAKE HIS CAMPAIGN TO THE STREETS'

Gubernatorial candidate Andrew Cuomo will make the stunning political announcement today that he's pulling out of the state Democratic convention and "taking his campaign to the streets," sources told The...

'DWI' VICTIM'S BLUE QUEST

IT took nearly 3 ½ years of agony before Eric Goldin stopped wishing to die. Now, he's found a reason to live: to see the man who put him in...

FEDS EASING TROUBLED MINDS WITH $132M

Crisis-counseling programs for New Yorkers affected by 9/11 received a huge dose of cash therapy yesterday after the feds approved a record-high $132 million grant. The Federal Emergency Management Agency...

ARIEL TRIES TO FEND OFF THREAT TO GOV'T

JERUSALEM - A defiant Prime Minister Ariel Sharon will try again today to win Israeli parliamentary approval of his economic plan despite a revolt in his government that threatens his...

BLOOMY MAY TAKE STAND IN EXTORT CASE

Mayor Bloomberg may soon be the star witness in the criminal trial of two men from Kazakhstan charged with breaking into his company's computer system to extort money. Oleg Zezov...

MANHATTAN RESIDENTS DRANK MORE BOOZE AND SMOKED MORE CIGARETTES AND MARIJUANA

Manhattan residents drank more booze and smoked more cigarettes and marijuana in the five to eight weeks following the Twin Towers attack, a new survey has revealed. And that indicates...

CITY HIT WITH $150M SUIT OVER KILLING

The family of a Vietnam vet brutally slain for his apartment sued the city yesterday for $150 million, charging cops had the suspect in custody but released him to kill...

JEWS' 'RESPECTFUL' OBJECTION TO LAWMAKERS' DATE IN APPLE

WASHINGTON - Some Jewish lawmakers yesterday accused congressional leaders of being "disrespectful" by holding a symbolic gathering of Congress in New York on Sept. 6 - the night before Rosh...

SOTHEBY'S BIG BIDDING FOR A BREAK

Sotheby's tycoon Alfred Taubman filed court papers yesterday asking an appeals court to throw out his conviction for a multimillion-dollar price-fixing scheme. Taubman argues his conviction - and one-year prison...

HARLEM BIKE DAD KILLED BY TRUCK

A Harlem father of two walking his bike in the street was struck and killed by a trucker who may not have even realized he'd run down a pedestrian, cops...

BUSH SAID YESTERDAY THE BEST WAY TO DEFEND AMERICA

WASHINGTON - President Bush said yesterday the best way to defend America against homicide bombers is to "hunt for them" before they can strike. Bush also said "Iraq ought to...

TEEN-STRANGLE ANGLE - KILLER: IT WAS AN ACCIDENT

The confessed killer of Connecticut schoolgirl Christina Long claims her strangulation death was an accident during rough sex - the same defense "Preppy Killer" Robert Chambers used. illegal Brazilian immigrant...

KOSHER LAWS UNCONSTITUTIONAL

A federal appeals court yesterday spat out New York State's kosher laws, saying they violate the constitution by using the state to promote religion. A three-judge Court of Appeals panel...

BEATLE'S 'GOSSIPY' DOC ON HOT SEAT

ALBANY - The Staten Island cancer doctor who treated George Harrison is under investigation by the state Health Department for publicly talking about the ex-Beatle's last days, The Post has...

SILVER: MIKE LOSING GROUND ON SCHOOLS DEAL

Assembly Speaker Sheldon Silver warned yesterday that a Senate bill to give Mayor Bloomberg control of the school system "takes many steps backward." In a move that could further set...

INVESTMENT FIRM EMBEZZLER GETS 3 YRS.

A Manhattan man who sees himself as a modern-day Robin Hood - robbing his rich bosses to give to the poor - was not-so-merry yesterday, weeping in court as he...

WTC DESIGNER-PICK DELAY - REBUILD PANEL BACK TO THE DRAWING BOARD

Downtown development officials are taking another look at their preliminary choice of a design team for the World Trade Center site after a controversy erupted over the selection, sources said...

CARNEGIE MASSACRE SUSPECT ATTACKS JAIL GUARD

Carnegie Deli massacre suspect Sean Salley punched a correction officer in the head at Rikers Island yesterday morning - and now faces assault charges on top of the triple-homicide charges...

CURTAIN UP ON WOODY'S $$-BATTLE COURT EPIC

There's no "Hollywood Ending" in sight for Woody Allen - just a bitter legal dispute over millions of dollars he claims is owed by his former friend and business partner,...

TAPE MAY BE 'KISS' OF DEATH

Michael Skakel tried to get a kiss from his 15-year-old Greenwich, Conn., neighbor Martha Moxley on the night she died. Skakel, on an audio tape he made in 1997, recalled...

SLOPPY COP LETS 'KILLER' GET OFF

A Brooklyn man who confessed to murder walked out of court a free man yesterday - because cops forgot to read him his Miranda rights. Judge Abraham Gerges dropped the...

RUMSFELD: FOES WILL HAVE NUKES

WASHINGTON - Defense Secretary Donald Rumsfeld issued a grim warning yesterday that it's only a matter of time before terrorists such as Osama bin Laden get nuclear, chemical or biological...

MAGIC MAN RISES TO LATEST CHALLENGE

Superstar magician David Blaine yesterday launched his latest death-defying stunt: standing for 35 hours on a 22-inch platform atop an 80-foot pillar in Manhattan's Bryant Park, with no net to...

LADY LIBERTY IN THE CROSS HAIRS - B'KLYN BRIDGE ALSO A TARGET: TERROR STOOLIE

Rampant terror fears have sparked a frantic citywide alert after an alleged al Qaeda tipster fingered the Brooklyn Bridge and Statue of Liberty as possible attack targets. FBI agents interrogating...

SUICIDE TEEN IN PICNIC-TABLE POOL PLUNGE

A troubled Scarsdale teen apparently committed suicide by chaining himself to the bottom of a picnic table and then rolling it and himself into the tony town's diving pool, sources...

FBI FLIGHT-SCHOOL TIPSTER TALKS TO SENATE

WASHINGTON - Arizona FBI agent Kenneth Williams, who warned his bosses last summer that terrorists may have been taking U.S. flight classes, says he had no data directly involving the...

MIDEAST COALITION OF 'HATE' IN EVIL PACT

WASHINGTON - The most dangerous extremists in the Middle East co-signed a chilling declaration at the end of a terrorism convention in Beirut, Lebanon, two months ago, calling for attacks...

AUCTION PUTS ROCK AROUND THE BLOCK

It's one for the money this week as 59 pieces of rare rock 'n' roll memorabilia go up for grabs - including one of the few guitars Buddy Holly owned...

ANDY 'KISSES' OFF DEMS' NOD : CONCEDES CARL WILL WIN CONVENTION VOTE

Andrew Cuomo yesterday downplayed the state Democratic Convention, which begins today, saying his rival Carl McCall is getting the "kiss of death" by becoming the party's official designee. Cuomo conceded...

SCUM & 'COKE': BLOOMY ALSO TARGETING SMALL-TIME LOWLIFES

CRACKDOWN 2 Nearly 10,000 low-level criminals who repeatedly commit quality-of-life crimes will be hit with new, tougher judges and longer jail time, Mayor Bloomberg announced yesterday. Operation Spotlight, set to...

SCUM & 'COKE' SWEEP : COPS NAB MORE THAN 1,000 IN CITY'S 'COCAINE CAPITAL'

EXCLUSIVE - CRACKDOWN 1 More than 1,000 drug suspects have been arrested in a massive NYPD undercover assault on a stretch of Manhattan dubbed the Cocaine Capital of New York...

FBI'S FLIGHT-SCHOOL TERROR TIPSTER TELLS ALL TO SENATE

WASHINGTON - Arizona FBI agent Kenneth Williams - who warned in July that Arab terrorists may have enrolled in U.S. flight schools and said it should be probed - appeared...

CLASSROOM EXTRA: GALAXIES GALORE

ABSTRACT: The Hubble telescope recently took pictures of the Tadpole Galaxy. This week's Classroom Extra takes a galactic look at these sky marvels. Birth of a Galaxy Supernovas of the...

KEITH TURNS INTO THE INVISIBLE VAN

With 3:59 remaining in the third quarter, Jason Kidd, with a trace of disgust, motioned for a timeout and before he and his teammates walked to the bench, Keith Van...

DUQUE GOES ON DL; WELLS DAY-TO-DAY

Orlando Hernandez' back problem is worse than David Wells' - even though it was Wells' back that underwent surgery last July. During the seventh inning of last night's 4-1 win...

METS LEFT OUT IN COLD: AMAZIN'S BATS ARE CHILLY IN PHILLY

Phillies 4 Mets 0 PHILADELPHIA - The hot water wasn't working in the visiting clubhouse last night, and the last thing the Mets needed was a cold shower. So most...

NETS SINK IN GREEN SEA

THE rats were routed when old Boston Garden came down. The leprechauns also skulked away, the futility of hanging on the rims at the Fleet Center to help the helpless...

NO MO? NO PROBLEM - KARSAY STEPS IN, SAVES MOOSE'S WIN

Yankees 4 Blue Jays 1 Joe Torre knew he couldn't go to Mo. So as Torre watched Mike Mussina pitch very well until there were two outs in the seventh,...

GLOATING ANDERSON TAUNTS JEFFERSON

Kenny Anderson gloated in the Celtics' locker room late last night, with the Nets rookie Richard Jefferson taking the brunt of the New York City playground legend's tart humor. The...

ALFONZO IS HITLESS IN RETURN

MET NOTES PHILADELPHIA - Edgardo Alfonzo was in and out of the chiropractor's office in 15 minutes Monday, just long enough to make his balky left hamstring feel better. The...

TIED HAS TURNED: CELTICS POUND NETS IN GAME 2

GAME 2 Celtics 93 Nets 88 You're the Nets. You hold Paul Pierce to 3-of-20 shooting. You check Antoine Walker to 34 percent from the floor. You get a triple-double...

CELTS WIN BOARD GAME AND EMERGE WITH SPLIT

This is logical: "When two teams shoot poorly, have similar percentages, it's got to be somewhere else," reasoned Nets center Todd MacCulloch. "It" is the key to winning and "it"...

BATTIE'S DEFENSE PLAYS PIVOTAL ROLE

After their oncourt TV interviews were completed minutes after the Celtics' series-tying 93-86 victory last night, Antoine Walker jubilantly jumped on top of Tony Battie's back as they walked in...

KIDD'S FEAT PUTS HIM AMONG ELITE

NET NOTES Until Jason Kidd entered the Conference finals, no Net ever had recorded a triple-double in the NBA playoffs. Now there are two triple-doubles. And they came back to...

BASS BILL CLEARS FIRST HURDLE

A BILL that will help to keep striped bass a dominant gamefish in our area cleared its first hurdle last week after being favorably released by the New York Assembly...

ROGERS MAY LAND ON KNICK SHOPPING LIST

Former Sixth Man of the Year Rodney Rogers of the Celtics figures to be one of those free agents who could be had with the mid-level, salary-cap exception come July...

SURGERY THAT DEVILS NIXED HAS MCKAY HEALTHY AGAIN

Little more than a month from full free agency, Randy McKay is already feeling unrestricted - in his hip, anyway. Traded with a major hip injury to the Stars in...

BRAZILIAN HILARIO INTRIGUES KNICKS

The "Brazilian Ben Wallace" paid a visit to the Knicks yesterday. Problem is, "Nene" Hilario has never heard of Wallace, doesn't speak English, he's 19, has only played pro ball...

PIAZZA KOS RUMORS: 'I'M NOT GAY,' MET STAR SAYS

PHILADELPHIA - Yesterday in the City of Brotherly Love, Mike Piazza said he's strictly a ladies' man. Hoping to put rumors about his sexuality to rest, the Met catcher addressed...

LED BY JASON, BOMBERS HAVING A BLAST

April came and went without many demonstrations of the awesome power of Jason Giambi. The beginning of May was just as benign. He was booed at home and questioned about...

MATES ARE DISGUSTED BY CLAIMS

PHILADELPHIA - Mo Vaughn has seen the way fans - especially those of the female persuasion - react to teammate Mike Piazza. Searching for an analogy, Vaughn finally said it's...

KENNY ERASES SOME DOUBTS

THE rats were routed when old Boston Garden came down. The leprechauns also skulked away, the futility of hanging on the rims at the Fleet Center to help the helpless...

FONZIE RETURNS TO LINEUP

MET NOTES PHILADELPHIA - Edgardo Alfonzo was in and out of the chiropractor's office in 15 minutes on Monday, just long enough to make his balky left hamstring feel better....

WEAVER'S ON RADAR FOR YANKS

YANKEE NOTES With Orlando Hernandez and David Wells nursing balky backs and Andy Pettitte rehabbing a barking elbow in a Florida State League game last night, the Yankees' most pressing...

MOOSE GETS IT DONE: STOPS JAYS ON SHORT REST; YANKS SET HR MARK

Yankees 4 Blue Jays 1 There was nothing short about Mike Mussina last night. When pitchers talk about working with three days rest instead of the customary four, they call...

KENNY MUST ERASE DOUBTS

THE rats were routed when old Boston Garden came down. The leprechauns also skulked away, the futility of hanging on the rims at the new Fleet Center to help the...

SINKING FEELING GOOD NEWS FOR RAMIRO

Jorge Posada was going through the litany of mistakes Ramiro Mendoza had been making on the mound - overstriding, landing on his heel, staying under the ball, his shoulder flying...

BOOMER OF GLOOM : WELLS WORRIED OVER BACK PAIN

At 5 o'clock last night, Yankee manager Joe Torre didn't know the results of MRIs taken on the backs of David Wells and Orlando Hernandez. However, Wells, who was told...

NET RESERVES HAVE BEEN PERFECT '10'

It was an adage first put forth by - of all people - a sportswriter, but adhered to by - of all people - Pat Riley. It dealt with rotations...

SOMEHOW, KIDD & NETS STILL GETTING NO RESPECT

NET NOTES Maybe the Nets are a bunch of paranoid whackos. Or maybe they just can find motivation in everything they see and hear. But it seems every time an...

KEITH VAN HEART: SCOTT PLEASANTLY SURPRISED BY FORWARD'S BIG-GAME PLAY

To the casual observer, Keith Van Horn has shown talent in these playoffs. To those more familiar with the 6-10 forward's play, he has displayed emotion, versatility, a well-rounded game....

ALFONZO RETURNS WITH A HEALED HAMMY

MET NOTES PHILADELPHIA - Edgardo Alfonzo was in and out of the chiropractor's office in 15 minutes on Monday, just long enough to make his balky left hamstring feel better....

VAN HORN PULLS VANISHING ACT

With 3:59 remaining in the third quarter, Jason Kidd with a trace of disgust motioned for a timeout, and before he and his Nets teammates walked to the bench, Keith...

SO FAR, BYRON'S PLAN WORKING

The flow of almost every playoff series is numbingly similar: the game, overreaction, promises, adjustments, next game. Tucked into that well-worn routine are the inevitable coaching maneuvers that, at times,...

LEHMAN FACES LONG TRIP

Road trips for most PSAL football teams usually don't involve going more than two boroughs away. That won't be the case for Lehman this season. The Lions will open their...

LIBERTY LOOK TO PROMISED LAND, SANS LOBO

Would somebody please turn the electricity back on at the Garden? No - not for the Knicks or Rangers, but for the Liberty. Keeping MSG filled each summer with intense...

TIGER RIGHTY MIGHT LAND IN BRONX

YANKEE NOTES With Orlando Hernandez and David Wells nursing balky backs and Andy Pettitte rehabbing a barking elbow in a Florida State League game last night, the Yankees' most pressing...

LIBERTY LOOKING TO PROMISED LAND

Would somebody please turn the electricity back on at the Garden? No - not for the Knicks or Rangers, but for the Liberty. Keeping MSG filled each summer with intense...