July 27, 2004

BOTH PARTIES GET BLAME FOR THE ECONOMIC MESS

PETE Peterson may be the most qualified man to discuss the American economy. Not only is Peterson a former U.S. Commerce Secretary and chairman of the New York Federal Reserve...

CALIFORNIA FIRM PAYS PREMIUM FOR 125 PARK AVE.

THE 1922 brick office tower at 125 Park Ave., a familiar sight to Grand Central commuters, is changing hands in a deal that reflects 42nd Street's newly burnished image. California-based...

COMPANIES COULD STARVE WITHOUT JUNK-BOND DIET

When Alan Greenspan signed a death warrant for cheap credit, he also set up our economy for a $300 billion junk-bond meltdown that'll wreck hundreds of companies. Market pros say...

SPIEGEL STOCK GETS THE HOOK

Catalogue retailer Spiegel said yesterday that its stock registration was revoked by the Securities and Exchange Commission, part of an ongoing investigation into the company's tardiness in issuing up-to-date financial...

CANTOR TO MOVE HQ TO 59 ST.

Cantor Fitzgerald has finally chosen a new permanent home after a two and a half-year search that began shortly after 9/11. The firm and its eSpeed subsidiary will move its...

BEAR TRADING UNIT JOINS EXCHANGE FLOOR EXODUS

Floor trading firm Bear Wagner Specialists is selling part of its options business on the American Stock Exchange, The Post has learned. The firm, which is majority owned by Bear...

FROTHY OFFERING - GOOGLE'S HIGH IPO PRICE MAY SCARE OFF LITTLE GUY

Google's 24.6 million-share initial public offering is expected to pull prices from $108 to a whopping $135-a-share, according to a regulatory filing made public yesterday. That's high for any stock,...

A PLACE IN THE SUN - SUN-TIMES CIRC. SCANDAL EXEC HIRED BY N.Y. PAPER

A circulation executive fired from the Chicago Sun-Times amid a circulation scandal there has landed a new job - at the New York Sun, The Post has learned. Stephen Hastings,...

U.S. $$ GET ATHENS GOLD

Money talks - and also makes jocks win more. A study on the Athens summer Olympics says that richer, bigger countries like the U.S. will walk away with the most...

SERVER ERROR: VIRUS ATTACKS SEARCH ENGINES

Within hours of setting the terms of its initial public offering, Google was attacked by a malicious, new computer virus that slowed the search engine down to a crawl. The...

RATE RACE DRIVES HOME SALES THROUGH THE ROOF

Confounding predictions, sales and prices of previously owned homes are hitting record highs this summer. Sales of pre-owned houses in June soared by 17.4 percent from last June, while the...

POP CULTURE

AT last Tuesday's premiere of his new movie, "She Hate Me" (which opens tomorrow), Spike Lee dedicated the film to his two children - even though Satchel, 9, and Jackson,...

HERE'S YOUR EXCLUSIVE INVITATION TO NEXT SEASON'S ... SIMPSONS' GAY WEDDING

SOMEONE on "The Simpsons" is coming out of the closet and could get married. "Simpson" producers, including creator Matt Groening, let the news slip out at the San Diego Comic...

HUNTING SADE'S HIT & RUN DRIVER

CH. 7 anchor/reporter Sade Baderinwa was recovering from a broken arm and other injuries she suffered last Friday when she was struck by a hit-and-run driver while on assignment in...

STARR REPORT

Kimora: Friend, faux Tales from the sets of two fall series shooting in and around New York: Kimora Lee Simmons, who's co-hosting "Life & Style," was over at 52nd and...

TOMMY K.'S LOWDOWN ON DA HIGHWAY

WCBS-AM anchors have suddenly begun calling longtime chopper reporter Tom Kaminski "Tommy K." on the air - but it's simply a term of endearment and not an attempt to seem...

HORSIN' AROUND - AMISH COME OUT TO PLAY FOR REALITY TV

"Amish in the City" [***] (Three stars) Tomorrow night at 8 on UPN/Ch. 9 What's next? "Sikhs and the City"? At the risk of igniting a craze for copycat reality...

LEFT AT LIFE'S STARTING LINE

"Stevie" [**] (Two stars) Tonight at 7:30 on Cinemax 'STEVIE," the much hyped and hoopla'd, two-and-a-half hour documentary makes its way from a prize-studded run of the film festivals to...

STAR BUCKS - THE TOP 10 POWERHOUSES BROADWAY CAN BANK ON; B'WAY PLAYS THE NAME GAME

WITH production costs forever on the rise, making money on a Broadway show is more difficult than ever. To improve the odds, producers are constantly on the prowl for big-name...

SEA CHANGE - A WEEK ON THE MED (OR THEREABOUTS) FOR UNDER $999? NOT A PROBLEM - CHECK OUT THESE GREAT POST-LABOR DAY DEALS

TO many New Yorkers, Labor Day means goodbye to the good times. Savvy travelers, though, heave a sigh of relief come September - they know summer's end means the end...

3 MORE NABBED IN SIKH BEATING

Three more suspects were arrested yesterday for allegedly beating two Sikhs in Queens. Nicholas Maceli, 22, and Victor Cosentino, 58, both of Valley Stream, L.I., and Terence Lyons, 53, of...

FROM GLOOM TO BOOM - JACKSON HTS. THRIVES AS CRIME KEEPS FALLING

Jackson Heights, Queens - once New York's "cocaine capital" - is on its way to becoming the city's co-op capital. Nestled in the pocket created by the BQE and the...

HE LEFT DRUG HELL BEHIND AND RETURNED TO HEAVEN

The rise of Jackson Heights parallels that of Paul Lewis, a local boy from a working-class family who moved back to the neighborhood in grand style after becoming a successful...

IT'S MY PARTY - BILL GIVES KERRY HARD ACT TO FOLLOW; BLAZING BILL STEALS SHOW

BOSTON - Democrats went wild for Bill Clinton last night, hooting, hollering and dancing in the aisles as he revved them up to send John Kerry to Washington - and...

COVERING FOR TERESA

Now we know why the Democrats have been keeping Teresa Heinz Kerry under wraps. The First Lady wannabe told the editorial-page editor of a conservative Pittsburgh newspaper to "shove it"...

SILVER RETURNS GOPER'S 1G

BOSTON - Assembly Speaker Sheldon Silver revealed yesterday that he has returned a controversial $1,000 campaign contribution from state Republican Party chief counsel Jeff Buley. Buley said last week that...

WEIRD BUT TRUE

Matt Tollefson and his dog, Maddy, are closer than ever - thanks to mouth-to-muzzle resuscitation. Tollefson raced into action when he spotted the 3-year-old chocolate Lab floating in a lake...

KERRY SHOVES BACK - BACKS HIS WIFE IN REPORTER SNIPE

CAPE CANAVERAL - Sen. John Kerry stood by his woman yesterday, after temperamental ketchup heiress Teresa Heinz Kerry told a newspaper editor to "shove it." Heinz Kerry blew her stack...

JA HAS HIS DAY IN COURT OVER BEATING

Gangsta rapper Ja Rule was charged yesterday with a brutal nightclub attack in Canada, during a raucous court appearance in which he had a private cheerleading squad of jailbirds. It's...

COKE KINGPIN FACES COP-THREAT RAP

A coke pusher with ties to a right-wing Colombian terrorist group has been hauled back to the U.S. from Belize to face charges he threatened to murder federal narcotics agents,...

MURDER 1 RAP FOR LIRR PUNK - 'STABBER' TO BE HIT IN DAD ATTACK

One of the thugs charged in the vicious robbery and murder of a Long Island Rail Road commuter is expected to be indicted on a first-degree murder charge this week....

MANHATTAN CO-OP SALES THROUGH THE ROOF

Despite persnickety boards and intrusive applications, the number of Manhattan co-op apartment sales has reached an all-time high, according to an industry-wide report. In its second-quarter report, the Real Estate...

W. BANK FENCE IS REROUTED

JERUSALEM - Israel's Defense Ministry has redrawn the route of a controversial West Bank fence so that it runs closer to Israel's pre-1967 border, officials said yesterday. Prime Minister Ariel...

BILL 'N' HILL OUT OF LIP SYNCH AS THE PARTY'S ODD COUPLE

BOSTON - These two really need to talk. The VIP room was crowded and the champagne flowed as Hillary Rodham Clinton moved her lips up to her husband's face. Bill...

HANGING IN THE BALANCE - TRUCKER'S LUCK HOLDS

A massive 18-wheeler dangles precariously over the water (above) yesterday after an accident on the Overseas Highway linking the Florida Keys. The accident unfolded on U.S. 1 near Islamorada at...

KERRY SISTERS ARE OBJECTS OF AFFLECK-TION

Ben Affleck has gone gaga over Alexandra and Vanessa Kerry, praising the daughters of Sen. John Kerry as "funny," "smart" and "absurdly beautiful." The Oscar-winning star, who interviews the Kerry...

IRAQI THUGS NOW KILLING CLEANING LADIES

WASHINGTON - Terrorists in Iraq set off a car bomb, assassinated a top Iraqi official, gunned down a group of cleaning ladies working for the British and kidnapped two Jordanian...

MEET MAMMA MASSINO, THE REAL FAMILY BOSS

JOE MASSINO'S face lit up like Con Edison as he called out from the defendant's table: "Hiya, Ma!" The tiny, frail, 89-year-old woman, Adeline Massino, gave a little wave: "Joey,...

BLARING B'KLYN BULLHORNS WAKE UP THE NEIGHBORHOOD

A Brooklyn neighborhood got a rude awakening yesterday when city workers blasted a warning over bullhorns: Move your car if you don't want it towed. The Department of Transportation gave...

MARTHA MAY NOT WAIT TO START SERVING

Martha Stewart may "sacrifice herself" by checking into the slammer immediately - rather than wait until the outcome of a grueling appeal, her lawyer said yesterday. "She's willing to think...

SHE JUMPS THE GUN TO BASH BUSH

Sen. Hillary Rodham Clinton got an early jump on her Bush-bashing colleagues yesterday, sticking it to the president hours before her prime-time convention appearance. At a Manhattan book signing with...

SHHH! KEEP IT IN THE CLOSET - SPEAKERS TOLD TO STAY QUIET ON GAY NUPS

BOSTON - Speakers at the podium of the Democratic National Convention are being gagged when it comes to gay marriage. Top party officials and campaign aides said yesterday that not...

POL'S EXPENSIVE 'DATES' - JENNINGS SPENT $1,325 ON CALENDARS

Embattled City Councilman Allan Jennings ordered 5,000 calendars and matching envelopes emblazoned with his photograph - presumably for his constituents to put on their walls. A Post examination of City...

KILLER'S BROTHER WINED AND DINED WITNESSES

The second of three women who saw a man shoot their friend dead in Brooklyn three years ago testified yesterday that just before the trial, the gunman's half-brother befriended them...

'$ LAUNDER' JEWELER IN HOSPITAL

A diamond dealer accused of money-laundering was absent from closing arguments in his trial yesterday because he was in a hospital, recovering from two heart attacks. Roman Nektalov, 75 -...

ANTI-W. HUBBUB HITS BEANTOWN

BOSTON - President Bush replaced A-Rod as Beantown's favorite whipping boy yesterday. Americans for Democratic Action hosted a luncheon on the Boston waterfront titled Regime Change 2004, at which Queens...

HAMPTONS DIARY

ARE Hampton invitees getting bored of live auctions? The crowd at Russell Simmons' Rush Philanthropic Arts Foundation benefit began ignoring the main fund-raising portion of the evening on Saturday by...

'HIP HOTEL NO HELP AFTER HEIST'

A Florida businesswoman is hopping mad, claiming she was burglarized in a hip Manhattan hotel - and that the haughty management did little to help. "I feel very violated," said...

GOP SETS UP CAMP ON ENEMY TURF

BOSTON - Vice President Dick Cheney and other top Republicans yesterday sought to discredit John Kerry's record on the war on terror and tarred him as the most liberal member...

ANGEL IN HIDING HINTS AT HIS BEAR-ABOUTS

Talk-show host Curtis Sliwa - who says he's hiding from the Gambino crime family - teased listeners about his location yesterday before announcing that he hopes to be back on...

BREAK IN 1994 ATTACK - 'RAPIST' ID'D BY DNA

A Queens woman brutally raped 10 years ago while her attacker held her 2-year-old daughter at knifepoint is resting easier after an arrest was made in the case - just...

BRITTNEY'S KIN BASH PROSECUTOR

BRICK, N.J. - Brittney Gregory's shattered family said authorities had promised to detail for them the evidence they had against slay suspect Jack Fuller - then backed out at the...

JA HAS DAY IN COURT - CHARGED IN BEATING

Gangsta rapper Ja Rule was charged yesterday in a brutal nightclub attack in Canada - in a raucous court appearance in which he had his own private cheerleading squad of...

COP-SHOT 'SHOPLIFTER' CHARGED

An unarmed shoplifting suspect, shot and wounded by a cop in Brooklyn when he allegedly tried to flee in his vehicle, was busted yesterday for assault, cops said. Robert Brown,...

'WAGE' WAR: UNIONS & MIKE TRADE BLOWS

The contract battle between Mayor Bloomberg and three key unions blew up yesterday as each side made new moves to keep the public's sympathy. The mayor was upstaged when a...

BOSTON, WE HAVE A PROBLEM - SPACEMAN KERRY'S GOOFY PHOTO FLUB; JOHN'S ASTRO-NUTTY PHOTO FLUB

CAPE CANAVERAL - As Democrats kicked off their convention in Boston yesterday, John Kerry broke a cardinal rule of politics - getting his picture taken in a ridiculous outfit. Kerry...

GENNARO 'WISEGUY' TO GET AX - CITY PROBING FEAST

The city's Department of Investigation has launched a probe into the San Gennaro feast after the feds identified the event's president as a "made" member of the Bonanno crime family....

BX. CARJACK-SHOOTING VICTIM DIES

The young man who was shot and wounded Sunday during an attempted carjacking died yesterday after his family asked that he be disconnected from life support, law-enforcement officials said. Tommy...

CHUCK DENIES PUSHING SPITZER OFF THE PODIUM

BOSTON - Sen. Charles Schumer insisted yesterday he wasn't feuding with potential gubernatorial rival Eliot Spitzer, even as Spitzer conspicuously skipped Schumer's opening address to the New York delegation here....

MEATBAWL MAMMA - WEPT OVER INSULTS AT ROCCO: WITNESS

Financier Jeffrey Chodorow peppered TV chef Rocco DiSpirito's meatball-making mamma with so many insults about her son that he made her cry, the cook's former manager says. Lon Rosen told...

CON CLAMS UP - BLOW TO KILLER'S BID FOR FREEDOM

In a potentially devastating setback for a Long Island man who claims he was wrongly convicted of killing his parents, the admitted getaway driver who was expected to exonerate him...

SKIP THE DUBYA-DISSING, BUBBA WARNS KERRY

BOSTON - Former President Bill Clinton warned John Kerry to keep the Bush-bashing under control at the Democratic convention. "I think he has to - the most important thing is...

DELEGATES BACK SAME-SEX WEDS: POLL

While convention speakers have been ordered to skirt talk about gay nuptials, an overwhelming majority of delegates back same-sex marriage, a poll shows. The stunning stats released yesterday show that...

ROOF ABOUT TO CAVE IN ON 'MOB-UNION SCAMMERS'

A gang of allegedly corrupt contractors, city union bigs and their Mafioso bosses will be indicted in a major kickback scheme that allowed the builders to hire cheap nonunion labor,...

MARTHA MIGHT 'SERVE' WITHOUT WAITING TO BOOST BIZ

Martha Stewart might "sacrifice herself" by checking into the slammer immediately - rather than wait until the outcome of a grueling appeal, her lawyer said yesterday. "She's willing to think...

ABORTION T-SHIRT SALE

Proud of having had an abortion? Planned Parenthood has a shirt for you. "I had an abortion" T-shirts were sold yesterday on the Planned Parenthood Federation of America Web site...

NYPD DAILY BLOTTER

THE BRONX * One man was shot dead and three others were wounded in a fight at a South Bronx housing project yesterday, police said. The violence began in a...

TERESA ONCE LABELED TED KENNEDY A 'BASTARD'

BOSTON - The would-be first lady who will address the Democratic convention tonight once called Ted Kennedy a "bastard." The comment - made in a little-known 1975 book, "The Power...

MY HUBBY TAUGHT YOU HOW TO WIN

BOSTON - Sen. Hillary Rodham Clinton used her prime-time appearance last night to tell fellow Democrats that Bill Clinton "showed the party" how to win the White House - offering...

$1 MILLION POT 'BANDITS' BUSTED

Three burglars were busted yesterday breaking into a Brooklyn building where 100 pounds of marijuana - with a street value of $1 million - was growing, cops said. Larry Cox,...

NEXT STOP COULD BE THE SUBWAY SANDWICH STATION

New Yorkers could soon hop on the Verizon V train for a ride to Dairy Queens Plaza. The MTA is exploring selling the naming rights to subway stations and lines...

THE 'BETTER OFF' GAME

IN a debate with Jimmy Carter, Ronald Reagan famously asked Ameri cans whether they were better off in 1980 than they had been in 1976 before Carter took office. Last...

MODEL'S BLOND JUSTICE - 'DRUG GAL' INSPIRES ARDOR IN THE COURT

The Belgian beauty busted at Kennedy Airport on cocaine charges strutted through the Queens courthouse yesterday, turning heads and receiving a generous plea offer that could keep her out of...

MO-NLY HUMAN - RIVERA BLOWS SAVE AGAIN, BUT YANKS PREVAIL IN 10

10 INNINGS: Yankees 6 - Blue Jays 5 TORONTO - It's that time of year again, a short-lived stretch when Mariano Rivera shows signs of being human. If Saturday in...

THE BAD & THE UGLY - METS MAULED - AND ZEILE MOPS UP!

Expos 19 - Mets 10 MONTREAL - See that brink over there? See that thing teetering on it? That's the Mets season. The 2004 campaign is in a serious nosedive,...

JINTS HOPE ELI WILL SIGN SOON

With agreements completed or close with five of their seven draft picks, the Giants continue to hold out hope that Eli Manning, their quarterback of the future and maybe even...

YANKS NEED UNIT - NOW

UNTIL now, he has been looked upon as a lascivious luxury, one more high-end doll for the gluttonous Yankee toy chest. But the truth is, as we inch closer and...

AMAZIN'S KEEP EYE ON RAYS' ZAMBRANO

MET NOTES MONTREAL - In their quest to find another arm, the Mets have inquired about an intriguing starting pitcher - Tampa Bay's Victor Zambrano, according to industry sources. Though...

KNICKS RUN WITH BULLS - ISIAH, PAX HUDDLE OVER DEAL

The Windy City Summit is on. Knicks prez Isiah Thomas is flying to Chicago today to meet with Bulls GM John Paxson. Thomas, a native of Chicago's West Side, will...

NETS SHORE UP MIDDLE WITH DAVIS AND KRSTIC

No shot at Shareef. Kenyon's a Nugget. So the Nets, trying to fortify themselves inside as best they can, yesterday signed undrafted rookie center Kyle Davis of Auburn. Additionally, the...

CROSSROADS FOR METS - PLAYOFF CHANCES COULD HINGE ON UPCOMING STRETCH

MONTREAL - Yes, it's still only July. No, the Mets haven't even played 100 games yet. But suddenly, their season has taken on a must-win feel. Ninety-seven games into the...

JOHNSON'S CLOSER TO PINSTRIPES

TORONTO - With Jose Contreras starting Thursday against the Orioles on short rest in Tanyon Sturtze's spot and Kevin Brown's status unknown until he throws in a SkyDome bullpen tomorrow,...

RULINGS ON BRAWL EXPECTED THURSDAY

TORONTO - Alex Rodriguez, Kenny Lofton and the Yankees didn't hear from baseball's top cop, Bob Watson, yesterday regarding possible suspensions stemming from Saturday's Yankees-Red Sox brawl in Boston. Watson,...

MOOSE CAN'T CATCH A BREAK

YANKEE NOTES TORONTO - Mike Mussina wanted to play catch yesterday, but trainer Gene Monahan overruled the veteran pitcher, who is on the DL with an elbow problem. "I don't...

WHAT'S BUGGING JASON? - GIAMBI LEAVING DIAGNOSIS TO EXPERTS

TORONTO - With his personal trainer raising the possibility that Jason Giambi could have a fatal parasite, Giambi was the center of the Yankees' universe yesterday at SkyDome. In a...

HORROR SHOW - EXPOS CLOBBER SINKING METS

Expos 19 - Mets 10 MONTREAL - See that brink over there? See that thing teetering on it? That's the Mets' season. Think it's an exaggeration? Consider that if the...

MUSSINA JUST CAN'T CATCH A BREAK

YANKEE NOTES TORONTO - Mike Mussina wanted to play catch yesterday, but trainer Gene Monahan overruled the veteran pitcher, who is on the DL with an elbow problem. "I don't...

BLOWING COLD - MO FLUBS SAVE, GETS WIN AS YANKS TOP JAYS IN 10

10 INNINGS: Yankees 6 - Blue Jays 5 TORONTO - It's that time of year again. You know, the short-lived part of the season when Mariano Rivera shows signs of...