Just last year, Ben Bernanke was still serving as the head of the Federal Reserve—the most powerful central banking position in the world. Now, he's going to work for a hedge fund. Is it possible—just possible—that we have a systemic problem?
Here's a brief history of President Obama's White House chiefs of staff: Rahm Emanuel, a former Clinton official who then worked in investment banking, was replaced in 2010 by Bill Daley, a former Clinton official who then worked in investment banking, in order to run for Mayor of Chicago, a seat that had been held…
Media news! Former Gawker editor Gabriel Snyder is now the Executive Editor of Newsweek Digital. First they join Tumblr, then they hire a Gawker editor—Newsweek is the hip newsweekly!
If there was any doubt that the Paramount Vantage you know and love or maybe just really like — the art-house darling responsible for An Inconvenient Truth, Babel, Margot at the Wedding, There Will Be Blood and No Country For Old Men (the latter two co-produced by Miramax) — was done for, please direct your sad eyes…
We're not the only ones with a fancy new office! MediaBistro is, we hear from sources close to the listings site and blog concern, moving up to 33rd and Park, which is on the Upper East Side or something, right? Should be a fun commute! FishbowlNY editor Neal Ungerleider won't have to make it, though, as his last day…
Oho! WE HEAR that model-heiress Lydia Hearst has been shunted aside at Page Six magazine to make way for a similar gal-about-town column by 17-year-old soap star Leven Rambin. Wonder what she thinks of the subway fare hike? Update: Oh, ok, Lydia is "not fired," it's just that Leven will have a column also. The more…
We hear that Alpha Media Group (f/k/a Dennis Publishing), is seeing further cutbacks at what remains of its laddish enterprises. "Head of marketing and events Doug Turner let go as well as brand director Barry Pincus..all events and non mag biz being scaled back," writes a tipster.
The New York Times got another one from the LA Times: San Francisco-based housing 'n' biz reporter David Streitfeld, who will be the NYT's Chicago biz-section correspondent. "Most famously, [at the Washington Post] he outed Joe Klein as the author of 'Primary Colors' after tracing his handwriting on a galley of the…
Eric Banks, the editor of Bookforum, has ankled the schmancy intellectual sweatshop. He'll be sticking around for the next couple issues.
New York Observer media reporter and chronic party-goer Michael Calderone has ankled the pink paper for Politico. [Fishbowldc]
