NY Observer > MCI Inc. http://www.observer.com/taxonomy/term/28420/feed Articles from Observer.com en “Shareholder Value” Fetish Takes the Blame for the Crash http://www.observer.com/node/38780 Roger Lowenstein is a rare commodity: a financial journalist with no apparent ax to grind, who seems  read more »]]> http://www.observer.com/node/38780#comments Arts & Culture Enron Corporation John Kenneth Galbraith MCI Inc. Roger Lowenstein Sun, 30 Apr 2006 20:00:00 -0400 Jonathan A. Knee 38780 at http://www.observer.com Celebrity Roundup: Kimora Lee, Charles Grodin, and the $11 M Price Slash http://www.observer.com/node/34546
  • After the Duke Semans mansion entered the market last summer, several other pricey properties came on with a $50 million asking price, including this one. Now, former WorldCom director Francesco Galesi is cutting the price of his River House co-op down to $39 million. "Baronial Grandeur" aside, isn't it worth it to share the neighborhood with Henry Kissinger? (New York Post)
  • When Charles Grodin went before the board for his Riverside Drive apartment, they never even brought up his co-op bashing play. (New York Times)
  • In the past year, two grand spreads have moved at 998 Fifth Avenue--Manhattan's first luxury apartment building. However, one more remains: Anne Slater's "classic fourteen." Check out the slideshow! (New York)
  • Although this was posted a couple days ago, considering that The Observer has reported previously on Russell and Kimora Lee Simmons' difficulties selling their Liberty Street spread, we couldn't resist. Now, it remains to be seen where all these properties will end up after the divorce. (A Socialite's Life)
- Michael Calderone]]> http://www.observer.com/node/34546#comments Real Estate Charles Grodin Duke Semans Francesco Galesi MCI Inc. Mon, 10 Apr 2006 04:00:00 -0400 Observer Staff 34546 at http://www.observer.com No ‘Dances of Joy’ Likely On Union Square’s Streets http://www.observer.com/node/37931 As anyone who lives or works near Union Square Park can attest, cars and pedestrians—especiall  read more »]]> http://www.observer.com/node/37931#comments Style Center for Constitutional Rights MCI Inc. New York U.S. Department of Transportation Sun, 13 Nov 2005 19:00:00 -0500 Matthew Grace 37931 at http://www.observer.com No 'Dances of Joy' Likely On Union Square's Streets http://www.observer.com/node/51492 As anyone who lives or works near Union Square Park can attest, cars and pedestrians—especially at  read more »]]> http://www.observer.com/node/51492#comments Style Center for Constitutional Rights MCI Inc. U.S. Department of Transportation Union Square Partnership Sun, 13 Nov 2005 19:00:00 -0500 Matthew Grace 51492 at http://www.observer.com CNBC: Ebbers Gets 25-to-Whatever http://www.observer.com/node/32612
As of this evening, CNBC is airing new "First on CNBC" commercials, touting the network's scoop this afternoon on the sentencing of WorldCom chief Bernie Ebbers. But the spots are understating just how exclusive the breaking-news report was: CNBC's initial live bulletin announced that Ebbers had been sentenced to 30 years in prison--five years more than he actually got.

Federal judge Barbara Jones ruled the 30-year sentencing guideline "excessive" in Ebbers' case, giving him a 25-year hitch. CNBC came back a few minutes later to offer a corrected bulletin, which the network is now using in its promos.

By the time the corrected report went out, though, Reuters had already picked up the bad 30-year version of the story--attributing it to CNBC. --Leon Neyfakh
]]> http://www.observer.com/node/32612#comments Media Barbara Jones Bernard Ebbers CNBC Inc. MCI Inc. Wed, 13 Jul 2005 14:12:00 -0400 Observer Staff 32612 at http://www.observer.com The Folly of Bulls and Bears: They Trust the Market's Logic http://www.observer.com/node/47662 A Mathematician Plays the Stock Market , by John Allen Paulos. Basic Books, 216 pages, $25.  read more »]]> http://www.observer.com/node/47662#comments Real Estate John Allen John Allen Paulos MCI Inc. Warren Buffett Sun, 08 Jun 2003 20:00:00 -0400 Andrew Rosenheim 47662 at http://www.observer.com Dragon's Curse http://www.observer.com/node/46331 Real-estate magnate and embattled WorldCom director Francesco Galesi has slashed $7 million off the  read more »]]> http://www.observer.com/node/46331#comments Real Estate Betsy Matthes Charles Kushner Christina Galesi MCI Inc. Sun, 11 Aug 2002 20:00:00 -0400 Blair Golson 46331 at http://www.observer.com EBITDA Duh http://www.observer.com/node/46250 What do you think of the market?  read more »]]> http://www.observer.com/node/46250#comments Eric Schneiderman Guillermo Linares MCI Inc. Tyco International Ltd. Sun, 21 Jul 2002 20:00:00 -0400 NYO Staff 46250 at http://www.observer.com Corporate Rogues Count on the G.O.P. http://www.observer.com/node/46223 The myth of the moment is a recycled Naderite cliché, clung to by Republicans as they are inundated  read more »]]> http://www.observer.com/node/46223#comments MCI Inc. Merck & Co. Inc. Phil Gramm Sun, 14 Jul 2002 20:00:00 -0400 Joe Conason 46223 at http://www.observer.com