November 20, 2001

THERE'S MORE HEARTBREAK AHEAD FOR INVESTORS

THIS letter from one of my readers will tell you what's wrong with the economy today. And it'll also show why Wall Street, Washington and all of us pundits will...

INDIVIDUAL INVESTOR SET TO SHUT DOWN

Jonathan Steinberg's Individual Investor Group is set to announce that it is exiting its Internet businesses - a first step toward closing the entire operation by Dec. 15. Telescan holds...

PORT AUTHORITY TAKING SPACE AT METLIFE

The MetLife Building at One Madison Avenue will become another dock for the Port Authority of New York and New Jersey. The Port inked a deal at the end of...

FIDELITY SHAKE-UP - BROKERAGE CHIEF EXITS AMID ASSET SLIDE

Robert Mazzarella, corporate titan of privately-held Fidelity Investments, is leaving the Boston-based fund giant, sources said. Mazzarella, president of Fidelity Brokerage Services since 1997, and a 30-year veteran in the...

DOW BULL GETS LEGS - 10,000 BARRIER IS WITHIN REACH

The Dow is only 24 points away from Dow 10,000, yet market gurus are nervously refusing to call the recent market rally the beginning of a renewed bull market. Even...

GREEKS BEAR 'GIFT' FOR TOWER

THE government of Greece just threw a wild card into the development destiny of Fifth Avenue and 42nd Street, whose long-blighted northeast corner is already being cleared for a gleaming...

JIMMYING THE LOCK - EQUINOX BUYS CHOO TO GET INTO LUXURY BIZ

Acquiring shoe maker Jimmy Choo is the first step for a new luxury conglomerate. Equinox Luxury Holdings is spending about $30 million to acquire a 50 percent stake in the...

'TONGUES' TASTES LIKE SOAP OPERA

SPEAKING IN TONGUESGramercy Theatre, 127 E. 23rd St. Call (212) 777-4900 or Ticketmaster, (212) 307-4100. --------- 'SPEAKING in Tongues" is like six months of an afternoon serial packed into two...

NOTHING FISHY ABOUT SUSHI

IF you want to live a happy, Alzheimer's-free life, head to your nearest Asian restaurant. New findings suggest eating sushi could improve your mood and your reading, while foods prepared...

'WINGING' IT FOR D.C.

FOUR actors who play politicians on "The West Wing" are turning into goodwill ambassadors to encourage tourism to Washington D.C. The actors will appear in ads to do for Washington...

SHELBY FLEES COUNTRY

WHAT'S happened to Shelby Lynne? The soulful alt-country queen from rural Alabama has taken a page from Britney's book for her newest release, "Love Shelby." And if you really can...

CNN BOSS TELLS REPORTERS IT'S OK TO... CRY LIKE DAN

CNN news executive Chris Cramer says reporters should be allowed to show emotion while covering the war in Afghanistan. And he calls reporters who don't show any emotion as being...

STARR REPORT

'Who' by numbers: Reege to syndication?Regis Philbin is in the running to host the syndicated version of "Who Wants to Be a Millionaire," slated to debut in the fall of...

LUXE CAMPING IN BERMUDA ; A KID-FRIENDLY, TENTED RESORT ON THE WATER

UNDERWATER walking is quietly peaceful but incredibly exciting - particularly when petting a silky soft moray eel. Bermuda has numerous places of interest to children of all ages, but Greg...

IT'S KIDMAN VS. KIDMAN - SISSY, HALLE, CATE VIE FOR OSCAR, TOO

WHO will be Nicole Kidman's date for this year's Oscars? The saucy Aussie will soon have to make a tough choice: whether she wants to walk the red carpet on...

DYLAN'S CLASSIC MSG SHOW ONE FOR THE AGES

IN A remarkably clear voice, Bob Dylan loved New York with a greatest-hits show last night - and the crowd at Madison Square Garden loved him for it. Although it...

TRAVELER'S UPDATE

Design heaven The heralded new British Galleries 1500-1900 at London's Victoria and Albert Museum, containing the world's most comprehensive collection of historic British design, opens on Thursday. Here you can...

TAKE A LOOK AT BROOKE

NOT many women get paid to go crocodile-egg hunting, scuba diving with stingrays or jump out of an airplane - with the exception of E! "Wild On" host Brooke Burke....

POWELL PUNTS - DROPS PLANNED PUSH FOR APPEASING PALESTINIANS

YESTERDAY, Colin Powell delivered the Big Speech That Wasn't. For two months, we've been told, the secretary of state has been preparing a new American plan to jump-start the so-called...

POT KID DUCKS JAIL IN STABLE-FIRE CASE

A Brooklyn teenager, acquitted of sparking a stable fire that killed 21 horses, must serve three years' probation for pot possession, a judge ruled yesterday. Frank Esposito, 18, originally faced...

BUSH: NEW AIR-SECURITY LAW GREATLY REDUCES FLIGHT RISK

WASHINGTON - President Bush yesterday signed a sweeping aviation-security bill - requiring a closer watch on bags and passengers - that he said "should give all Americans greater confidence when...

WHAT A TRIP! CLASS TOURS RESUME AT MUSEUMS

City cultural institutions reeling from the World Trade Center disaster are about to get a financial bailout of sorts - from students. Schools Chancellor Harold Levy yesterday lifted restrictions on...

EX-GIANT MAY PUNT ON GOV BID

ALBANY - Former Giants football star Phil McConkey is reconsidering his threatened primary challenge to Gov. Pataki in the wake of the Sept. 11 terror attacks, The Post has learned....

POWELL'S SPEECH PRAISED IN MIDEAST

JERUSALEM - Israel and the Palestinians found different things to praise - and to ignore - as they welcomed Secretary of State Colin Powell's long-awaited Mideast speech yesterday. Israeli Prime...

SINGING A-COP-ELLA: RUDY & OFFICER JUST DUET FOR CHARITY

Mayor Giuliani and the NYPD's nationally renowned "singing cop" have teamed up to record a moving rendition of "God Bless America" in time for the holiday season to raise funds...

SKAKEL WILL GET ADULT TRIAL

The Connecticut Supreme Court ruled yesterday that Kennedy cousin Michael Skakel must be tried as an adult on charges he killed a girl when he was a teenager - finally...

A WORLD WHERE ETHICS ARE SOLD TO THE HIGHEST BIDDER

THEY'RE the kind of people who would throw a polo mallet through your TV if you suggested watching a football game. They have six-packs of beer in the fridges of...

RIVAL IS GAME TO BUY FAO

FAO Schwarz is no longer in play. The famous upscale toy store will be purchased by Right Start Inc., which owns the Right Start chain, a seller of products for...

THERE'S NO ALTERNATIVE TO REGENTS TESTS: JUDGE

ALBANY - Students at 28 alternative high schools must take Regents exams like every other student in the state in order to graduate, a state judge ruled yesterday. State Supreme...

STOMACH BUG HITS SCHOOL'S SPOUSES

Spouses of teachers at PS 7 in Brooklyn also have gotten sick with a stomach illness resulting in cramps, vomiting and diarrhea, Schools Chancellor Harold Levy said yesterday. The city...

MIKE ADDS 5 GREEN $$ MEN TO HIS TEAM

Mayor-elect Michael Bloomberg harbors no ill feelings toward the financial backers of former rival Mark Green - even appointing five Green donors to his transition committee yesterday. A Post database...

CASE THAT HARMED HEVESI IS TOSSED

An appeals court yesterday threw out an explosive lawsuit by a woman who sought millions from her mother-in-law in a case that helped thwart Alan Hevesi's bid for City Hall....

TAUBMAN ENDURES DEDE DAY IN COURT

Sotheby's tycoon Alfred Taubman taunted and belittled his high-powered protégé as the company's massive price-fixing scheme unraveled, telling her "don't act like a girl," the woman executive testified yesterday. The...

GORE GOES WEST AFTER STRIKEOUT ON STREET

The answer to the riddle of why Al Gore joined an obscure California fund is that Wall Street wouldn't hire him. The man who would be president had sought in...

HOLIDAY TRAVELERS: FLYING IS JUST PLANE CRAZY

This Thanksgiving will be a real turkey for the airline industry. Fewer people - an estimated 1.7 million fewer - will be doing their Thanksgiving traveling by air this year,...

'STIFFED' HAULING FIRM SUES OVER CLEANUP

A Yonkers hauling company that helped clear the rubble of the World Trade Center sued the city yesterday, claiming it was stiffed out of $3 million. Joe Attonito, who runs...

BUSH SEEKS SECRET-TRIAL OPTION - DEFENDS MILITARY COURTS FOR 'NATIONAL SECURITY'

WASHINGTON - President Bush yesterday defended secret military tribunals for Osama bin Laden and his henchmen, saying, "I need to have that extraordinary option at my fingertips." Bush noted Franklin...

CHAIN'S BLOCKBUSTER EFFORT TO WARN OF VIDEO VIOLENCE

Jittery Blockbuster Video stores in New York and across the nation are slapping yellow stickers on violence-laden new releases warning: Don't rent if you're squeamish after the Sept. 11 terror...

WAR HISTORY BUFF SALUTED AS FDNY'S OWN COMBAT HERO

Salvatore Calabro, a firefighter who loved reading about heroic Americans, "died an American hero" at the World Trade Center, Mayor Giuliani said at a memorial service yesterday. Calabro's shift at...

U.S. BOMBS 'REMODEL' OSAMA'S HUMBLE HOME

This is all that's left of Osama bin Laden's House of Hate. American warplanes zapped the fugitive terror chief's home this week during a fierce bombing raid outside Jalalabad. The...

ATTA PAL BUSTED IN FAKE-ID SCHEME, FEDS SAY

An alleged cohort of Sept. 11 hijack ringleader Mohamed Atta was arrested yesterday and charged with obtaining bogus documents for a man linked by the feds to terror overlord Osama...

FEDS: WTC-BASED FIRM RAN INVESTOR 'SHELL GAME'

Former employees of a crooked World Trade Center brokerage firm blew the whistle on a scheme to swindle more than $100 million in investors' money and vanish, according to a...

JET TAIL FATALLY FLAWED: EXPERT

A manufacturing defect in the composite material used in the tail fin of the American Airlines jet that crash last week probably caused it to rip off, aviation experts said...

POSTAL WORKERS WERE ACCIDENTAL ANTHRAX VICTIMS

The saboteur who sent anthrax-laced letters to news organizations and politicians did not intend for postal workers to be infected with the bacteria, probers believe. Investigators suspect spores leaked out...

NO DEAL: U.S. BLOCKS TALIBAN CHIEF'S ESCAPE

WASHINGTON - Taliban leader Mullah Mohammed Omar was cornered last night in the besieged city of Kandahar after the Bush administration rejected a deal that would have allowed him to...

BOY, 5, AND MAN SLAIN IN DRUG-WAR CROSSFIRE

A 5-year-old boy and a 24-year-old man were shot to death yesterday when they were caught in the crossfire during a shootout between two drug pushers in The Bronx, police...

W'ORST PERFORMANCE: THE W TRAIN IS RANKED LAST IN ON-TIME SUBWAY RATINGS

The W is the "worst," and the N and R live up to their reputation as "never" and "rarely" in a new survey of subway on-time performance. Straphangers are waiting...

POSTAL ANTHRAX VICTIMS NOT TARGETS OF EVIL SCHEME

The saboteur who sent anthrax-laced letters to news organizations and politicians did not intend for postal workers to be infected with the deadly bacteria, investigators believe. Probers suspect the spores...

SOMEONE'S STREAK WILL END

Theo Fleury didn't flinch when a reporter offered that tonight's Rangers game vs. Colorado would be a good test. "I think it's a good test," the winger replied, "for them."...

DEVS KNOW THE SCORE - THEY JUST CAN'T FIND IT

You can't win if you can't score. Right now, the Devils are learning that first-hand. Tonight in Philadelphia, the Devils (8-7-1-2) will look to snap their four-game losing skid and...

HEALTHY RICHTER GIVES RANGERS LEG TO STAND ON

THE thrill isn't gone, even if both ACLs are. In their place, Mike Richter has the tendons of cadavers running diagonally down both knees, which makes him part Dead Man...

MVP BONDS GOES FOURTH . . . BUT NOW IT'S TIME TO SHOP FOR A RING

BARRY Bonds ran away with his fourth MVP award yesterday, the only player in major league history to four score the MVP. Then the free agent promptly hung a "For...

TRADE, NOT BONDS, LIKELY TO BOOST METS' STOCK

Mets fans are asking for Barry Bonds for Christmas. It sounds like they'll be lucky to wind up with Roger Cedeno. That's like asking for the Xbox and winding up...

YANKS TO WAVE 119M AT GIAMBI

If Jason Giambi wants to take aim at Yankee Stadium's seductive right field porch and help the Yankees reclaim their World Champion throne, all he has to do is say...

PAST COLLAPSES NO RUNNING CHOKE FOR JETS

The Jets have been here before: Flush off an emotional, perhaps season-shaping victory that has them sitting atop the AFC East with destiny curled tightly in the palms of their...

JASON'S FATHER SAYS A'S BLEW IT

It was difficult to really know what Jason Giambi was thinking last week - unless you tracked him down in Cabo San Lucas. Tracking down his father, John Giambi, was...

TORRE PACT STILL ON HOLD

Until lawyers and accountants representing George Steinbrenner and Joe Torre can finalize Torre's three-year contract for $16 million, the Yankees' coaching picture is in a state of flux. "We have...

DOLAN SNUB JOLTED JEFF

WHEN Jeff Van Gundy was denied permission last June by Garden superiors to interview for a job with the Blazers he never would've accepted anyway - no matter how much...

VG: WE ARE BAD AND I'M TO BLAME

OAKLAND - Jeff Van Gundy and GM Scott Layden have a terrific relationship but they disagree on one giant issue: The coach's job performance this season. Responding to Layden's vote...

VANDEWEGHE NEARLY CAME TO NEW JERSEY

DENVER - Had a call two summers ago been placed a few weeks earlier, Kiki Vandeweghe might have been sitting on the Nets' bench last night instead of behind Denver's....

COOK LANDS WITH MAVS

Former St. John's point guard Omar Cook, who left after his freshman year, has signed a two-year, free-agent deal with the Mavericks, a source told The Post last night. Cook...

WARRIOR FANS, SPREE READY TO MOVE ON

OAKLAND - Golden State fans now have more reason to attend tonight's Knicks game than to just boo and heckle Latrell Sprewell. They actually have a good club to pull...

NETS BATTLE BACK BUT CRASH IN OT

Overtime Nuggest 99 Nets 96 DENVER - All game, an angry Byron Scott searched for the right combination. He tried this. He tried that. All that happened was the Nuggets...

MCDYESS MISSES THE KIDD

DENVER - Antonio McDyess said Jason Kidd turned his career into a highlight film when the two played together in Phoenix. The rehabilitating Denver forward very carefully picked his words...

GIANT STEP BACK ; MOSS' 3 TDS SPARK VIKES' VICTORY

Vikings 28 Giants 16 MINNEAPOLIS - If the Giants continue to play the way they did last night, they will be home for the playoffs, done for the season. That...

STEAMED STRAHAN SHUT OUT

GIANT NOTES MINNEAPOLIS - Michael Strahan, who entered last night's game with 15 sacks in his last seven games, was shut out in the Giants loss to the Vikings, and...

GREAT EXPECTATIONS: JINTS AIM TO REGAIN PLAYOFF MAGIC

MINNEAPOLIS - If an athlete or a team is not interested in raising expectations, that player or team should not rise to greatness, even for a moment. Once they do...

VIKINGS' RECEIVERS DROP BALL

GIANT NOTES MINNEAPOLIS - Facing the Vikings is not the challenge it once was, but opponents continue to respect the talent and game-breaking ability of receiver Randy Moss and, to...

JEFFERSON GIVING TEAMS THE CHILLS

DENVER - Back in Detroit's glory days, there was Vinnie Johnson, the Microwave, so named because he could come in and get hot quickly, heating up the Pistons' offense almost...

JEFF HAS RIGHT TO BE VAN GRUMPY

WHEN Jeff Van Gundy was denied permission last June by Garden superiors to interview for a job with the Blazers he never would've accepted anyway - no matter how much...

VAN GUNDY: WE ALL STINK ON ICE

LOS ANGELES - Jeff Van Gundy and GM Scott Layden have a terrific relationship but they disagree on one giant issue: The coach's job performance this season. Responding to Layden's...

OAKLAND IN CHEERY MOOD

LOS ANGELES - Golden State fans now have more reason to attend tonight's Knicks game than to just boo and heckle Latrell Sprewell. They actually have a good club to...