May 7, 2003

BARGAIN BOOK SALE - PERSEUS CLOSING IN ON AOL TW UNIT FOR $320M

AOL Time Warner is negotiating to sell its book division to publishing house Perseus Books Group in a deal worth roughly $320 million, The Post has learned. As part of...

GABELLI SCORED $37M AS FUNDS SANK 30%

Legendary stock picker Mario Gabelli was ranked the highest-paid chief of a publicly traded fund last year with $37.7 million - but his investors got soaked for 30 percent losses....

CABLE RATES BATTLE GOES TO CAPITOL HILL

Spurred on by a recent rate hike by sports channel ESPN, cable operators and programmers duked it out yesterday in a Senate hearing over rising cable rates. Both camps blamed...

MARTS GAIN AS FED LETS RATES ALONE

Markets rallied yesterday when the Fed announced it would not raise rates, as expected. The rally was aided by the Fed's assurance that it was not looking to raise rates...

CENTRAL PARK HORSES TO GET STABLE HOUSING

AFTER nearly a year's search during which another deal fell through, about two dozen carriage drivers who are being displaced by a stable of topless dancers finally whipped up new...

LITTLE GUYS GET SHAFTED AGAIN

Little investors may benefit less from Wall Street's global settlement of corrupt research practices than anyone expected. Many independent stock research firms don't want to reach into the $432.5 million...

DEF JAM JAMMED WITH $132M JURY AWARD

Island Def Jam, the country's largest hip-hop record label, was ordered to pay $132 million in damages yesterday by a federal jury in Manhattan. IDJ had been sued by TVT,...

1 FOR THE GIFFORD - KATHIE LEE APPAREL MAKER CLOSES IN ON KASPER

Kellwood Co., a large manufacturer of apparel for Nautica, Izod and a host of other brand names, is the front-runner in the race to acquire Kasper A.S.L., the struggling maker...

TURNER ON TRACK WITH U.N. PAYMENT PLEDGE

Admittedly wiped out financially, Ted Turner is vowing to spend what could be his last $1 billion on his United Nations cause. The 64-year-old media mogul was worth $11 billion...

SMART MONEY MAKES A BIT - AFTER BLEEDING CASH, FINANCE MAG EKES OUT TEENY PROFIT

SMART Money continues to wrestle with staff turnover, but after losing more than $35 million over the past two years, it may have something that no other personal finance magazine...

STARR REPORT

Shipping news: Wayne's late dad connects It's a little-known fact that Wayne Brady used to get seasick when he performed on cruise ships - little known, that is, except to...

AMERICAN BALLET SEASON OFF TO FLYING START

AMERICAN BALLET THEATER At Metropolitan Opera House, Lincoln Center; (212) 362-6000. Season runs through June 28. ------ ONE of the most beautiful sights in dance is American Ballet Theater in...

DON'T CRY FOR BROOKE - 'BACHELOR' LOSER GETS GIG BACK HOME AS REPORTER

LIFE has been good to "Bachelor 2" runner- up Brooke Smith, whose seven-week run on the reality show last year ended in a torrent of tears. Smith, 22, has been...

OH, WHAT A 'NIGHT'!

LONG DAY'S JOURNEY INTO NIGHT [] Plymouth Theater, 236 W. 45th St., (212) 239-6200. ----- EUGENE O'Neill's "Long Day's Journey Into Night" may just be the worst great play ever...

OLÉ! TO FESTIVE OLA

OLA [ 1/2] 308 E. 48TH ST. (212) 759-0590 ---- THERE'S life in the old mojo yet. Doug Rodriguez's nuevo- Latino party has survived its move from Flatiron to a...

MORNING, FAN-ATICS

ESPN2 is getting into the morning show game. The younger, sister channel to cable's reigning sports monarch will launch a "young, hip" talk show next fall, airing from 7 to...

VEGAS ISLAND OF CHOW

CHEF Alain Ducasse and restaurateur Sirio Maccioni aren't talking about their planned Las Vegas restaurant. But sources in Sin City say that - while a deal has yet to be...

ELLEN: I'M YOUR MAN! - YOUR HBO SPECIAL MAKES ME WANT TO HUG YOU, TOO

I'M in love with a lesbian. She's the sweetest, most charming girl in the world, and I'm crazy about her. If you must know, it's Ellen DeGeneres, and she's about...

IT'S A WONDERFUL 'TRUE LIFE'

"True Life" [ ] Whenever on MTV ----- I'M glad I'm not a teenager because, if I were, I would probably be forced to star on a segment of my...

SOUR NOTE - PATERS' MISSED 'GYPSY' DATES CAUSE HAVOC AT BOX OFFICE

DON'T tear down all of that black crepe paper yet, boys. Momma may have delivered "big time" for Ben Brantley last week, but whether she can keep it up for...

MOM'S THE WORD FOR N.Y. KITCHEN KINGS & QUEENS

NEW York's cooks are a diverse crew, but one thing many have in common is early inspiration from their mothers. In honor of Mother's Day, we asked what Mom taught...

PLAY IT AGAIN: THERE'S PLENTY OF OUTDOOR SPACE SOUTH OF HOUSTON FOR SOME QUALITY R & R

When you think of recreational sports activities, the words "out of town" usually come to mind before "downtown." But at the bottom tip of our urban jungle, you can kayak,...

SPACE FOR RENT: ACT NOW FOR GREAT RETAIL AND COMMERCIAL DEALS

DOWTOWN'S commercial real estate sails are lufting business activity, including tourism, continues in the doldrums. The lack of tourism, and reluctance by those visiting Ground Zero to do much shopping...

PARENT 'KILLER'S' CHANGE OF HEART

It's her guilty plea and she can cry all she wants to. That's what Manhattan prosecutors say about teen murderess Connie Leung. The statuesque teen pleaded guilty in January to...

MAN DROWNS IN CENTRAL PARK MEER

A Brooklyn man drowned in Central Park's Harlem Meer last night and another man who tried to rescue him was hospitalized, police said. Alberto Hernandez, 23, went into the water...

RIVER YIELDS BODY - CARTIER-CLAD CORPSE LOOKS LIKE SVETLANA

The badly decomposed body of a blond woman wearing a Cartier watch was found floating in the East River yesterday - and is likely that of missing Russian book dealer...

WEIRD BUT TRUE

A stray named Tinker is now a fat cat. An elderly London widow has left the friendly feline her $562,000 home in London as well as a $160,000 trust fund....

PATAKI'S NEW CLOTHES - VETO FIGHT REVEALS WEAKNESS

ALBANY FEW state lawmakers doubt Gov. Pataki will veto their profligate tax-and-spend budget within days - but hardly any of them expect his vetoes to be sustained. It's not that...

CITY OF DEADLY RUMOR

BAGHDAD THIS is a city of wild stories that pass for news, inflaming this or that section of the population, while U.S. authorities lack the resources, human or material, to...

THE REAL MENACE

THE release this week, with great fanfare and media hoopla, of the so-called "secret" hearings of Sen. Joseph McCarthy's anti-Communist investigations committee 50 years after the fact is hardly the...

YANKEL WANTED TO FIGHT BACK, SAYS BROTHER

NORMAN Rosenbaum said in the final days of this trial: "Lemrick Nelson was very lucky that Yankel didn't get his hands on him that night. The only way they could...

NYPD DAILY BLOTTER

BROOKLYN * A man died yesterday after he fell and hit his head on the stairs of a Park Slope subway station, police said yesterday. Willie Burns, 33, of 284...

CYBER-PERV SLAY FIEND GETS 30 YRS.

Saul Dos Reis was slapped with a 30-year prison sentence yesterday after a judge scornfully dismissed the Brazilian immigrant's "attempt to shift blame" from himself to the 13-year-old Connecticut schoolgirl...

PEEVED PATAKI VOWS TO VETO 'FALSE' BUDGET

ALBANY - Gov. Pataki yesterday vowed to issue "extensive vetoes" of the Legislature's record-high tax-and-spend budget, which the governor warned would drive New York's deficit to a breathtaking $13 billion...

LACI FILES STAY UNDER WRAPS

A top California court handed Scott Peterson's defense another victory this week when it decided to keep sealed potentially damaging arrest and search warrants in the case. Peterson's lawyer, Mark...

$PEEDING PAST BUDGET CRISIS - DOT BURNS 360G ON MOBILE UNIT

The cash-strapped city is shelling out more than $360,000 to buy the Cadillac of mobile command centers - complete with a 37-inch plasma-screen TV, The Post has learned. The city...

OPRAH LETTING $280M SHOW RIDE

The richest woman in television, Oprah Winfrey, has decided to keep her show going through 2008 - adding another $280 million to her bank account. It was supposed to end...

HOUSING BIGS BOUNCED - THREE TOP OFFICIALS 'IMPEDED' EMBEZZLE PROBE

The city's Housing Development Corp. was rocked yesterday after its president and two other top officials were forced out for "impeding" a criminal investigation of former officials. The HDC has...

SARS-WARY NEWLYWEDS: IN SICKNESS AND IN HEALTH

SARS is killing an estimated 20 percent of patients hospitalized with the dread disease in Hong Kong - and more than half of those over 60 don't survive, a startling...

TEACHERS DECLARE WAR ON BLOOMBERG

Teachers union chief Randi Weingarten is planning to withdraw the union's support of Mayor Bloomberg's education reforms - claiming educators have been mistreated and kept out of the loop on...

JUDGE FLIP-FLOP - ALLOWS LEMRICK ADMISSION

The federal judge in Lemrick Nelson Jr.'s new trial reversed his key decision yesterday and allowed jurors to hear how the defendant previously claimed he did not kill Hasidic scholar...

THE 'HOLE' TRUTH - 'UNDERTAKER' DUG GRAVES UPSTATE, MOBSTER TESTIFIES

When DeCavalcante wiseguys needed to dispose of a body quickly, they called "The Undertaker" - a mobster buddy with a wealth of experience in digging graves, a Manhattan jury heard...

TOT-SLAY SHOCK - JURY SEES GRIM NEWBORN PIX

Jurors in the murder trial of Kathleen Brown - the unwed mom charged with suffocating her newborn baby during a family Christmas party - reacted with shock and horror yesterday...

GOP IN PUSH FOR TAX BONUS

WASHINGTON - Millions of families across America could get checks in the mail for $400 or more by July under a stimulus plan unveiled yesterday by Senate Republicans. The checks...

KLEIN TO AX 856 SCHOOL STAFFERS

Schools Chancellor Joel Klein yesterday announced he's axing 856 supervisors and administrators as part of the overhaul of the school system. Nearly half of the people losing jobs are special...

JUDGE-PICK PANELISTS QUIT

Two members of the committee that screens judicial candidates for the Democratic Party in Brooklyn and Staten Island resigned yesterday, with one blasting the politicized system that selects judges. Well-known...

RAPIST'S TRAIL MAY PASS JAIL

Cops are combing jail records in their search for the smooth-talking elevator rapist who has attacked seven young women in Chelsea and The Bronx over the past five months. They...

TOT-DEATH PANIC - COPS BAFFLED AS GAS-LEAK FEARS PROVE UNFOUNDED

The mysterious death of an 11-month-old Brooklyn boy in his baby sitter's care sparked a near panic in Borough Park yesterday as false fears spread that a gas leak had...

PAIR POCKETED INMATE CASH, FEDS CHARGE

A federal prison guard and her companion were busted yesterday on charges of swiping $1,600 from inmates at a Brooklyn lockup, officials said. The guard, Debbie Austin, pocketed money orders...

50 CENT IN 2-BIT DISPUTE

Gangsta rappers apparently don't get good gunshot insurance from their record companies - a Queens doctor is suing red-hot hip-hop star 50 Cent for unpaid medical bills. Dr. Nader Paksima...

CARDOZO FIELD'S A DREAM

Watch out Shea Stadium, there's a new field in Queens - and it's got great media buzz. At a dedication ceremony yesterday, Benjamin N. Cardozo HS in Bayside celebrated its...

NOT-GUILTY GANG-SLAY PLEA

A father and son accused in the stabbing death of a gang member pleaded not guilty in Brooklyn Supreme Court yesterday, saying they were merely defending themselves against a posse...

SEN. CHUCK IN ROLE REVERSAL

WASHINGTON - Sen. Charles Schumer, who's leading Senate efforts to kill President Bush's conservative judicial appointments, yesterday switched roles and spent the afternoon as a witness in front of his...

TRIBECA STARS ARE REEL THING

The stars shone downtown last night as the second Tribeca Film Festival kicked off with a glamorous red-carpet premiere. Following a procession along Greenwich Street with Mayor Bloomberg, festival founder...

'TOXIC' PANIC IN B'KLYN

The mysterious death of an 11-month-old Brooklyn boy in his baby sitter's care sparked a near panic in Borough Park yesterday as false fears spread that a gas leak had...

FINE TIME ON E-ZPASS TAGS

Some 20,000 drivers could face a $23 fine this month for failing to return their worn-out E-ZPass tags, the state Thruway Authority said yesterday. The agency wants the old tags...

SKETCHY CLUE KEY TO SLAY

This is the fiend witnesses say gunned down an aspiring banker on the Lower East Side in January - and the slain man's dad says the area isn't safe with...

HARRY BOOKS TURN UP IN POTTER'S FIELD

Two copies of the hotly anticipated Harry Potter book - not due in stores until June 21 - were discovered lying in a field in the British countryside. They were...

LEO Q&A'D IN BRAWL SUIT

"Gangs of New York" star Leonardo DiCaprio, faced with a $45 million lawsuit stemming from a Manhattan street brawl, was grilled by the plaintiff's lawyer for hours during a deposition...

N.Y. 'CON ARTIST' NABBED IN BRAZIL

Fugitive Manhattan art dealer Michel Cohen, who went on the lam two years ago after allegedly swindling as much as $50 million from bogus deals involving everything from Picassos to...

N.Y. CON 'ARTIST' NABBED IN BRAZIL

Fugitive Manhattan art dealer Michel Cohen, who went on the lam two years ago after allegedly swindling as much as $50 million from bogus deals involving everything from Picassos to...

INTERNET SEX-SLAY FIEND GETS 30 YEARS

Saul Dos Reis was slapped with a 30-year prison sentence yesterday after a judge scornfully dismissed the Brazilian immigrant's "attempt to shift blame" from himself to the 13-year-old Connecticut schoolgirl...

GRAHAM IN, HART OUT OF DEM RACE

WASHINGTON - Onetime Democratic presidential contender Gary Hart yesterday decided to give the 2004 race a miss - but the pack picked up its ninth entry when Florida Sen. Bob...

MATH MAY ADD UP FOR TEACHER$

Schools Chancellor Joel Klein said yesterday he'd consider paying higher salaries to hire and retain qualified teachers in hard-to-staff subjects like math and science. The city currently pays all teachers...

ISRAELIS HAIL HERO GUARDS

JERUSALEM - Israel marked its 55th anniversary yesterday by honoring for the first time guards who protect against homicide bombers - and with a warning that peace talks are doomed...

GRAHAM OFFICIALLY THROWS HAT IN RING

WASHINGTON - The Democratic 2004 presidential pack picked up its ninth entry yesterday as Florida Sen. Bob Graham jumped into the race by accusing President Bush of ignoring homeland security...

PAL HELPS COPS HUNT LOWER E. SIDE SLAYER

The only witness to the January slaying of a would-be banker on the Lower East Side has supplied cops with enough information to produce a sketch of the shooter, sources...

FEDS: PAIR POCKETED PERP CASH

A federal prison guard and her companion were busted yesterday on charges of swiping $1,600 from inmates at a Brooklyn lockup, officials said. The guard, Debbie Austin, pocketed money orders...

COPS LOCKING IN - RAPE-SPREE PROBERS EYE THUGS IN JAIL DURING LULL

Cops are combing jail records in their search for the smooth-talking elevator rapist who has attacked seven young women in Chelsea and The Bronx over the past five months. They...

'MONEY GRUBBING' SLUR POL QUITS D.C.

WASHINGTON - White House budget boss Mitch Daniels - who once accused New Yorkers of "money grubbing" by insisting on $20 billion after Sept. 11 - is quitting his job....

SCRAPING BY ON 200G IN BROOKLYN NO, REALLY!

YOU call this "rich"? Our billionaire mayor and his buddies up in Albany are fond of labeling people like the McDevitt family of Brooklyn as some of our "wealthiest" New...

GOV THROWS DEBT RELIEF INTO DOUBT

ALBANY - Gov. Pataki yesterday raised doubts about a major piece of a $2.7 billion city bail-out package, which would leave Mayor Bloomberg with a $500 million hole in his...

WEASELS GAVE VISAS TO IRAQIS

WASHINGTON - France secretly undermined the search for the most-wanted members of Saddam Hussein's regime by giving some of them passports in Syria and allowing them to escape to Europe,...

HUNT FOR $1 BIL BUTCHER BOOTY

WASHINGTON - The Bush administration yesterday launched a worldwide hunt for Iraqi assets Saddam Hussein is believed to have shipped out of the country days before the war - including...

BLUES FINALLY OK DEV SWAP

The Senators can count on one otherwise impartial rooter: Blues GM Larry Pleau. Pleau yesterday told The Post that he will permit the Devils' enforced swap of first-rounders with his...

CELTS MAY TRY FAST BRAKE

Jim O'Brien arguably is the NBA's most underrated coach. But he hinted yesterday that he did not have his Celtics prepared to defend the Nets' formidable fast break in Game...

JERSEY COULD END BEAR MARKET

NEW JERSEY lawmakers are considering a measure that would give nearly $100,000 in state funds to the Humane Society of the United States, the nation's largest anti-hunting group. Senate Bill...

TRAINER LANDS DREAM JOB

NET NOTES The Nets will have three representatives on the U.S. Men's Olympic basketball team after all. Nets trainer Tim Walsh, 40, a veteran of 19 NBA seasons, has been...

DEVILS TRYING TO OVERCOME WAIT PROBLEM

Rest becomes rust in this quantity. The seven full days they'll have off before opening the Eastern Conference final Saturday in Ottawa will be the Devils' longest-ever break between playoff...

METS' MESS GETS EVEN MORE HAIRY - REY DENIES 'CUT,' MATES DOWNPLAY IT

In the aftermath of Rey Sanchez's "haircut heard 'round the world," the Mets reacted quickly. And that reaction was to evade the situation completely. As reported in yesterday's Post, Sanchez,...

CONFERENCE SWAP COULD RAISE 'CANE

THERE'S no honor among thieves. Never has been. Never will. Big time college athletics is a den of thieves, working the back-alleys for better television contracts and shoe deals. No...

VAUGHN'S KNEE MO DAMAGED THAN EXPECTED

MET NOTES And the hits just keep on coming . . . A set of X-rays and an MRI yesterday revealed that the damage to Mo Vaughn's left knee is...

TIME TO SHOW SOME GUTS, MOVE MIKE TO 1ST

IF the Mets ever needed Sal (the Barber) Maglie last night was the night. For two good reasons because every day the news gets worse for Team Wilpon. Sal the...

BIG BLUE HIGH ON CITADEL SACKER

Three years ago, Ellis Johnson was introduced as the new football coach at The Citadel during halftime of a basketball game. As Johnson glanced across the court, he spotted one...

DEREK'S STARTING AT TRENTON

YANKEE NOTES SEATTLE - Derek Jeter takes a step today he hopes lands him back with the Yankees in a week. Out since March 31 when he dislocated his left...

FORDHAM STILL SEARCHING

After being rebuffed last weekend by Boston University coach Dennis Wolff and Davidson's Bob McKillop, Fordham is continuing its search for a basketball coach who, as one source told The...

HEY, MIKE, TRY FIRST

DON'T GET too carried away with the haircutting escapades of Rey (Flowbee) Sanchez. Sanchez, after all, is just keeping shortstop warm for phenom Jose Reyes. There was a much more...

METS CUT ABOVE L.A.

Mets 3 - Dodgers 2 In between the haircut fallout, the pregame meetings and the Guillermo Mota death watches, the Mets also played a little baseball last night. And wouldn't...

PIAZZA OPEN TO MAKING FIRST MOVE

With overpaid, underperforming Mo Vaughn out indefinitely, and Mike Piazza about to become a 10-and-5 player on May 23, the question naturally turned to the catcher's willingness to move to...

SEATTLE STINKER - MARINERS HAND BRUTAL BOMBERS 3RD STRAIGHT LOSS

Mariners 12 - Yankees 7 SEATTLE - If they were laying naked in a snow drift atop Mt. Rainier last night, the Yankees couldn't have caught a cold. Or a...

A-TRAIN GETS ON BIG ROLL

Aaron Williams' strength is renowned. His pain threshold, legendary. His loyalty, unquestioned. His work ethic, remarkable. Williams has all the intangibles a team desires. Oh, he's a pretty good player,...

ANGER MANAGEMENT THE KEY FOR KENYON

KENYON MARTIN, new father and new, improved, Nets' no-nonsense, meat-and-potatoes guy, was at a pricey steakhouse the other night when the bubbly arrived, courtesy of another North Jersey epicure once...

NETS HIT BACK AT WRITER - RYAN SUSPENDED; SCOTT WANTS HIM 'OUT OF JOB'

The Boston Globe yesterday suspended columnist Bob Ryan for one month without pay, and members of the Nets expressed anger and disbelief - coach Byron Scott said he believed Ryan...

SAVE AND A HAIRCUT - BENITEZ THE BARBER IN NEW METS MESS

As Rey Sanchez was denying allegations of his taboo clubhouse haircut yesterday, The Post learned the identity of the amateur barber: Armando Benitez. A source close to the team told...

MOLE CALL KO'S PIAZZA

When Mike Piazza arrived at Shea yesterday, everyone wanted to ask him about facing Dodger reliever Guillermo Mota. But it turns out Piazza had more important things on his mind,...

LUMBER SLUMBERS - BOMBER BATS MIRED IN FIRST SLUMP OF YEAR

SEATTLE - Until the day they vanish from the baseball universe Joe Torre and Brian Cashman will insist that the Yankees will be as good as their pitching. But even...

PREAKNESS PROBABLES STILL UP IN THE AIR

The probable field for the May 17 Preakness Stakes at Pimlico remains in flux. While Kentucky Derby winner Funny Cide is definite for Baltimore's middle jewel of the Triple Crown,...

IT'S A TOUGH SELL - BASEBALL LOSING POTENTIAL PLAYERS TO HOT NBA, NFL

Cubs manager Dusty Baker watches the NBA and its splendid athletes and wonders what they could do on a baseball field. "You tell me Allen Iverson couldn't play shortstop, or...