The heat Countrywide Financial Corp.'s Angelo Mozilo is feeling recently isn't from a nearby sunlamp. Two bankruptcy judges have recently allowed federal investigators to grill Countrywide executives and pore over reams of mortgage contracts after...
Credit card company executives came under fire last week for raising customers' interest rates without warning - moves that cost already-stressed consumers thousands of dollars a year in extra finance charges. The rate increases - which in one...
Michael "Mickey" Gooch owns 43 percent of one of the most successful brokers - GFI Group, which specializes in setting up trades of credit derivatives among titans like Merrill Lynch and Goldman Sachs. The 48-year-old Gooch's well-honed...
Billionaire investor Ronald Perelman filed yesterday to raise $500 million from public investors to finance the takeover of a business he has yet to identify. The new capital will be raised through a so-called blank-check company, called MAFS...
LUTHER Campbell has just accomplished something P. Diddy and Jay-Z have never done - taken his company public. The hip-hop legend - personally responsible for the "Parental Warning" on CDs thanks to the rebellious and outlandish lyrics on his...
Anna Di Piazza thought she was making a sound investment last year when she sold her home in Brooklyn and put most of the proceeds - her life savings - into a real-estate deal that would provide her a monthly payment of about $5,000, more than...
For the first time in more than two years television viewers want their MTV. The youth entertainment channel - chock full of reality programming - has climbed out of ratings hell and is enjoying a sustained bump up among its core youth viewers for...
To the rest of the country, New Yorkers may seem like an odd lot. We jaywalk with impunity, we order-out more than we cook in and we tend to wear black 24/7. And if we decide to settle down, particularly in Manhattan, we often find ourselves...
WINNERS MUHTAR KENT President of Coca-Cola Co. tapped to become CEO next July when E. Neville Isdell retires. STEVE SCHWARZMAN Private equity king must be smiling as Congress declares plan to hike taxes on PE partnerships dead for this year. FRED...
Dear John: I am now 55 years old and have received $200,000 from my recent divorce. I am getting conflicting advice as to how to proceed in buying a condo. One side says pay for it outright, while the other suggests leaving the money in the bank and...
