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THE BUZZ ABOUT THE BUZZ

What a week for gossip! Not only were there stories of cheatin’ hearts, this time involving “The Bachelorette” star Jillian Harris, Us Weekly, under acting editor Michael Steele, sold 1 million copies — without the Jon and Kate drama. The beauty…

STUDIO STANDOFF

As Hollywood studios grapple with meeting consumers’ demands for convenience while they also protect their bottom line, all eyes are on Viacom’s Paramount Pictures and the escalating war with DVD kiosk retailer Redbox. In size, Redbox is a David…

BUSINESS BRIEFS

Mini GM GM is targeting the emerging ultra-low-cost car market with plans to produce a compact for around $4,000 in Asia. The segment is attracting increasing attention from manufacturers eager to keep sales momentum in developing markets fol…

BREEDEN’S BIG PICKS ARE LESS THAN JEWELS

There’s no doubt that as an activist investor, former Securities and Exchange Commission boss Richard Breeden can rattle sabres with the best of them — but whether he makes money from it is another matter. An analysis of Breeden’s eponymous…

SEC RUNS FRAUD-FEST DAY CAMP

Wall Street’s top cop is admitting her fraud-watchers need help with a central part of their job: detecting fraud. Inside Mary Schapiro’s Securities and Exchange Commission, the Office of Compliance Inspections & Examinations, dubbed OCIE, which…

THE WEEK’S WINNERS AND LOSERS

Winners STEVE SCHWARZMAN CEO of Blackstone Group earned $702M in 2008. ROBERT TOLL CEO of homebuilder sees stock spike after company reports increase in home sales. BRYAN BEDFORD Republic Airways chief beats out Southwest Air in bidding for…

IT’S TIME TO END ‘TOO BIG TO FAIL’

Last week, the Federal Reserve and many private-sector economists said they believe the worst of the downturn is over, or nearly so. But the emergency measures that Presidents Bush and Obama enacted to ensure the financial rescue have created the…

YOU KIDDIN’ ME?

We look at the Chinese economy and its reported 7.9 percent growth and though we won’t admit it to ourselves, it makes us feel inadequate. The Chinese have gotten the economy thing figured out: * Large population migration from farms into…

DON’T PUT YOUR MONEY ON THE PHOTOCOPY MACHINE

Dear John: I have the ultimate bailout. Let every person photocopy the money they have. Nothing will get the money faster to the suckers, a k a taxpayers, and it’ll save Uncle Sam printing and distribution costs. What do you think? D.T. Dear D.T…

BLACK OPS MISSION

Leon Black is returning to his roots — with a vengeance. The former head of mergers at Drexel Burnham, who made a fortune repossessing companies that Drexel helped drive into bankruptcy — before he proceeded with a more traditional…

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