Why the New York Times Took Carlos Slim Over David Geffen

The New York Times turned down a chance to borrow money from Hollywood mogul David Geffen last winter and went with Mexican billionaire Carlos Slim instead. So says the New Yorker, which also reports that Geffen tried to buy the paper outright in September.
the-operator

What Do Maxim Magazine, Chrysler and Your Tax Dollars Have to Do With Each Other?

More than you think. Or more precisely, they all have former media bank bigwig Steve Rattner in common.
maxim

Media Mogul Steve Rattner Goes to Washington, Where He Won’t Be Car Czar

Steve Rattner, once one of the most prominent bankers in the media business, is going to Washington after all. Except that the Quandrangle Group founder won’t be getting the “Car Czar” job he was originally supposed to take in the Obama administration, since that job never got created. He’ll be an adviser, instead. Meanwhile, President Barack Obama has formally appointed his New Media team.
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