Warren Buffett Tries to Save Us All, Except Kate Moss, Who is Doomed

Published: August 22, 2007, 12:58 pm

Tags: company town, arianna huffington, arthur sulzberger jr, kate moss, warren buffett

FINANCE • The credit crunch may take down high-flying real-estate baron Harry Macklowe, who bought $7 billion worth of midtown office space with a mere $50 million of his own money. Here's a tip — when journalists start calling you "high-flying," you know you're in for a fall. [NYT] • The man behind the biggest fund in New York may be state comptroller Thomas DiNapoli, the sole trustee for the $154 billion state pension plan. Most states use a multi-trustee board, and some are complaining that DiNapoli has too much power. [NYT] • Warren Buffett, looking to cash in on the credit crunch, may buy failing Countrywide. Meanwhile, you still can't buy an apartment. [DealBook/NYT] MEDIA • TV critic David Bianculli, a fourteen-year veteran at the Daily News, got canned by the paper. No surprise — the Post is gloating. [NYP] • Arianna Huffington and Arthur “Pinch” Sulzberger had a little tiff in Aspen last night over the Times’

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