In your meaty Tuesday media column: rumors of coming layoffs (and a die-off?) at OK! magazine, a golf magazine is killed, advertising plummets, media companies may default, and Americans don't know a damn thing: We hear that OK! Magazine is, sadly, well on its way to becoming a mere shell of the gra...

We already know the recession sucks for journalists because—to generalize slightly—they have been laid off. But it sucks for working journalists, too. Guess who else got laid off: all their sources! Imagine, if you will, that you're a business reporter. You spent years schmoozing and hob...

Your jobs are gone. Your money is gone. But America's iconic brands will never leave you! (Until the rest of your money is gone). Advertising is the last optimistic thing around. And it's faking it. With admirable speed, the advertising industry started running "Times are Hard"-type ads almost immed...

Here you see a photo of swindler Bernie Madoff partying down on a recent New Year' eve. Partying down to hell, ha. In non-party hat Madoff news: is his wife delusional, or just greedy? Madoff's wife Ruth (or should we say Ruthless, ha) had her lawyer up in court yesterday telling the judge, with a s...

Despite the fact that there are not enough jobs for people already in journalism, kids still pay big money to go to J-schools. Where will they find work? New ideas for a new world: Old: War reporter. New: Army Private—No embedding necessary. Write a book afterwards! Old: Gossip reporter. New: ...

Last Wednesday, Lady and I went to the Municipal Services Building (across the street from City Hall at 15/Arch) for an exciting talk given by the Streets Department. At the front of the PhillySTAT, room 1450, sat Deputy Mayor for Transportation and Utilities Rina Cutler; Streets Commissioner Claren...

Well now, let's just open the paper and have a look at the...OHMIGOD, what the hell, Jesus Christ, is the entire world economy collapsing today, worse than ever? Yes it is. Warren Buffett, the world's best investor, has his worst financial year ever in 2008. (Still better than your financial year). ...

Ooo, the SEC has finally released the good stuff on Stanford Financial, the mini-Madoff Ponzi scheme that made $8 billion disappear. Incredibly, the company's Southern Christian leaders were big hypocritical frauds! Jesus hated money-lenders: The new details from the SEC focus not only on top boss "...

We knew that celebrity photographer Annie Leibovitz had some serious financial problems. But we didn't know they were so bad that she had to sign over all of her photos to a pawn shop: The NYT today reveals that Leibovitz took out more than $15 million in loans from Art Capital Group—essential...

As if it wasn't bad enough that Bernie Madoff went and took millions from wealthy Jewish people in Palm Beach and then made it disappear, it seems some gentiles down there are happy about it! Crack ABC investigative reporter Brian Ross traveled to darkest Palm Beach and discovered: some people suspe...