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Finance sector enters new era of regulation

Amid the wreckage of the U.S. financial system, a new consensus is taking shape. Old Wall Street is dead. And the new era of finance will be one of much greater regulation and much less risk. The masters of the universe, as author Tom Wolfe dubbed the titans...

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The Blue State Blues

A couple of weeks ago, Tom Blumer wrote at Pajamas, "Very Different Economic Times in Red vs. Blue States"; certainly the very blue "parentheses states", as Tom Wolfe described them, have been having a tough time making a go of...

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TOO MUCH SCREWING OF THE POOCH

I don’t know where I suddenly picked it up, but of late, I seem to be favoring the term “screw the pooch”. Aside from its aptness for describing a fouled-up situation (as popularized, if not necessarily originated, in Tom Wolfe’s “The Right Stuff”), I’m not sure enough things are blowing up around me to qualify for [...]

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Everything Old Is New Again

The dark night of fascism is always descending in the United States and yet lands only in Europe. ~ Tom Wolfe (Referencing French Socialist Jean-François Revel) Far Right Wins In Austria... Not the conservatives; the fascists: The far Right has made a grand return in Austria, emerging from yesterday’s elections as the second biggest parliamentary block, according to preliminary results. The two parties...

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He-men has-beens?

Greenwich Time N.Y. TIMES by TOM WOLFE, Sep. 28 EXCERPT: Shed no tears for the Masters of the Universe, however, not that your correspondent actually thought you might. Most of the young Masters already have their own personal nut free and clear. “Nut” is the term for the amount of money you need salted away in weather-proof investments in order to generate enough interest to live comfortably in Greenwich...

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A Hedge Fund Lease as Harbinger and Hope

Proving that hedge funds may indeed be the new investment banks (as Tom Wolfe told The Observer earlier this month ), new hedge fund Dabroes Management has signed for 12,202 square feet on the 24th floor of 1095 Avenue of the Americas, the forme Equity Office Properties tower that's undergone $275 million in recent renovations, including a green curtainwall. A summer 2007 article in the New York Post...

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Whither The Masters of the Universe?

Tom Wolfe on the fate of the Masters of the Universe: Be aware that your correspondent is merely bringing you the news when he reports how many people have besieged the author of “The Bonfire of the Vanities” over the past week with the question, “Where does this leave the Masters of the Universe now?” “This” refers [...]

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Greenwich Time

By TOM WOLFE NYT Be aware that your correspondent is merely bringing you the news when he reports how many people have besieged the author of “The Bonfire of the Vanities” over the past week with the question, “Where does this leave the Masters of the Universe now?” “This” refers to the current credit panic. The Masters of the Universe is a phrase from that book referring to ambitious young men (there...

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Newsfeed Update: 09.25.08

Click here to receive mediabistro.com's Daily Newsfeed via email. HBO Eyes Charlotte Simmons Series -- With Tina Brown as Producer ( Variety ) HBO is eyeing the Tom Wolfe novel I Am Charlotte Simmons as a series, with Tina Brown and Ostar Prods.' Bill Haber set to produce. The network has optioned the 2004 bestseller and is in the early stages of developing the project as an hour-long series. It's...

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Cars collide, house hit, natural gas leaks

HARRISON TWP., Montgomery County — Two cars were involved in a crash that led to several injuries Thursday morning, Sept. 25, on North Dixie Drive near Embury Park Road, according to Sgt. Tom Wolfe of the Montgomery County Sheriff's office.

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Channel Surfing: "Grey's Anatomy," "Partridge Family" Redux, Tom Wolfe, and More

Welcome to your Wednesday morning television briefing. USA Today's Robert Bianco reviews tonight's season premiere of ABC's Grey's Anatomy, saying that the two-hour launch "completes the task begun last spring, clearing away dead plots and setting this massively entertaining series back on track." And fans will be happy to know that it seems like--for now anyway--Mer and Der and united. Time will tell...

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Tina Brown Does Tom Wolfe for HBO

Ex-New Yorker editor developing show based on 'Charlotte Simmons' The work of a great American novelist may make its way onto HBO, with a little help from former Vanity Fair and New Yorker editor Tina Brown.

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Tom Wolfe Isn’t Worried

Location: In 2006, you went after the developer Aby Rosen’s plans for a glass tower at 980 Madison in The Times, writing that the Landmarks Preservation Commission would let him build whatever he wanted. They’ve since made him and his partners redraft and scale back plans. Are you glad you won? Mr. Wolfe: Well, that’s not over yet. They did try again, with what was in effect a plan for a tall glass...

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The Clay Felker Memorial: Tom Wolfe, Gloria Steinem, and Others Remember

Last night the New York magazine world literati turned out for a memorial celebration for Clay Felker , the legendary editor of New York who passed away over the summer. A red-socked Sir David Frost hosted the event, which was held at the New York Ethical Society and featured such Felker disciples as Tom Wolfe , Gloria Steinem , Leslie Stahl , and Richard Reeves . All the featured guests spoke to...

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Tom Wolfe: Fiction today sucks

Noted author Tom Wolfe , on the state of fiction in an interview with Time Magazine : "There's so little of it now that it's pathetic, and it's pathetic all over. Writers come from master of fine arts programs now. If you add up the college education of Steinbeck, Hemingway and Faulkner, you get to spring break of freshman year." Harsh. Do you agree? [Via Jacket Copy ]