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June 21, 2001

TELECOMS' WOES JUST BEGINNING

NORTEL Networks last week indicated that it would have the biggest quarterly loss in corporate history, but this isn't the telecommunications company that's in the worst shape. In this column...

GOLDMAN SACHS DELAYS ITS 77 WATER ST. MOVE

The Masters of the Universe at Goldman Sachs, which only six months ago had grandiose plans to expand into several Downtown buildings, are mothballing their most recent conquest at 77...

WELLINGTON COULD FETCH $100 MILLION

A luxurious Upper East Side rental building is up for sale - and could fetch $100 million, The Post has learned. Wellington Tower, the fully rented, new 19-story apartment building...

M'SOFT POWER PLAY - BUSH, CHENEY & GREENSPAN HOST HIGH-RIDING BALLMER

Those White House coffees work fine for Steve Ballmer. The Microsoft boss dropped in to shmooze Vice President Dick Cheney Tuesday afternoon - just days before the appeals court is...

TIME IS UP AT TIME MAG: NEW ROUND OF FIRINGS BEGINS

Time, the flagship magazine of AOL Time Warner, is sharpening its ax. Unable to get volunteers to step forward to reduce its workforce by 6 percent, Time Managing Editor Jim...

WAVES PRODUCTS IN RIVALS' FACES

Microsoft came out swinging at its competitors yesterday with two announcements. The company said it is releasing Microsoft Producer, which allows business people to incorporate Powerpoint and HTML presentations into...

NEW T-BILLS WILL PAY TAX REBATE

Buy T-Bills - if you want your tax rebate. The U.S. Treasury doesn't have enough pocket change to cover the tax rebates approved by Congress, but it is making plans...

DISNEY STUDIOS CHAIRMAN QUITS

Peter Schneider is out as chairman of the Walt Disney Studios, as the studio continues to reel from the disappointing performances of both "Pearl Harbor" and "Atlantis." Schneider, a 16-year...

HOTMAIL WAS HOT, BUT ARZOO WAS NOT

Do you Arzoo? Because nobody else does. Hotmail founder Sabeer Bhatia has pulled the plug on his next big thing. Bhatia - who, with his partner, Jack Smith, sold Hotmail...

JOSEPHTHAL FIRES MOST OF ITS SALES AND TRADING STAFF

Josephthal & Co. is having new and serious problems, The Post has learned. Josephthal, which just paid a hefty $3.3 million fine, fired most of its research, sales and trading...

BANANA REPUBLIC IS PAGING NEW COO

There are some new top bananas. Banana Republic, a division of Gap Inc., has named Terry Kramer to the newly created position of chief operating officer, and Julie Rosen has...

SENATOR SLAMS EC - ROCKEFELLER THREATENS RETALIATION ON GE DEAL

A prominent U.S. Senator has slammed the European Commission for failing to greenlight General Electric's $42 billion takeover of Honeywell - and threatened action if it is rejected. Sen. Jay...

GOV'T TURNS TO T-BILLS TO PAY REBATES

Buy T-Bills - if you want your tax rebate, that is. The U.S. Treasury doesn't have enough pocket change to cover the tax rebates OKd by Congress, but it is...

CAN YOU BELIEVE THEY'RE STRAIGHT? - THESE HAIRDRESSERS ARE HOT, HUNKY, HETEROSEXUAL ... AND VERY, VERY IN DEMAND

STUART Hirsch isn't gay, no matter what he does for a living. "I'm not your typical hairdresser. I'm really masculine," says the model-turned-colorist, who operates out of Midtown's Pierre Michel...

THE LADIES LOVE THESE BAD-CHELORS

WHEN it comes to bachelors, American women say badder is better. Russell Crowe - the love-'em-and-leave-'em star who's romanced Nicole Kidman (before Tom), Sharon Stone, Meg Ryan and Courtney Love...

A ROCK 'N' HOLY ROLLER - AMEN!

AL GREENWestbury Music Fair, Westbury, L.I., (516) 333-7228. Tonight. ----- WHEN the Rev. Al Green preached the gospel of soul to the saints and sinners at the Beacon Theatre Tuesday,...

FANCY FOR WOLVES - PIANIST'S PROTECTOR OF THE PACK

MOST pianists are wary of anything that can hurt their hands - so it's startling to see Helene Grimaud romping with wolves. At the wildlife conservation center on her farm...

STARR REPORT

'Morning' glory: 31 weeks and counting Every week the press release comes in, citing yet another win for "The WB11 Morning News" over "The Early Show," co-hosted by Bryant Gumbel...

THE BEACON LET ITS GUARD DOWN

BEACON security should get a kick in the pants for ineptitude at the Al Green concert.Throughout Green's performance, security guards choose to ignore a patron who wandered the aisles like...

GET YOUR OWN LITTLE PIECE OF TWILO

LEGENDARY Chelsea dance club Twilo was closed last month but the party continues on eBay.An anonymous seller named "Bookman37" is auctioning off a slew of relics from the shuttered West...

CBS LAWYERS LET CRUSADER OFF THE HOOK

IN the end, CBS says it never really wanted a gadfly's top-secret notes culled from covering the increasingly cantankerous "Survivor" legal brouhaha. Lawyers for "Survivor" and CBS say they didn't...

IT'S A MINORS MIRACLE - CYCLONES OPENER RATINGS WILL GO OVER THE FENCE

FORGET the Mets and Yankees - for one night, New York will be focused on the minor-league Brooklyn Cyclones. The Cyclones' home opener this Monday night will air not on...

ONE DAY IN THE PARK WITH GEORGE - & THE BEATLES

BACK in the summer of 1968, budding Scottish photographer Tom Murray, 25, was given the chance of a lifetime, only he didn't know it at first. War photographer Don McCullum...

...BUT THIS IS WAY CRUEL

"Spy TV" [ ] Tonight at 8:30 on NBC/Ch. 4 ------ AS certain as death and taxes, you could always count on Allen Funt to come at you with a...

WON'T HURT A BIT - WWF PUTS HEADLOCK ON MTV - AND IT'S COOL

"WWF Tough Enough" [ ] Tonight at 10 on MTV -------- SORRY to say it, but I'm not on board with the wrestling craze that has apparently swept up everybody...

AT WITT'S END - SKATING STAR GEARS UP FOR PRIVACY BATTLE OVER INTIMATE FILES E. GERMAN COMMUNISTS KEPT ON HER

FROM the age of 7 until her early 20s, East German ice skater Katarina Witt was followed, filmed and photographed - without her knowledge - wherever she went. Love letters...

MIKE PULLS TV ADS OUT OF RESPECT FOR HEROES

Republican mayoral hopeful Michael Bloomberg last night said he's yanked his TV campaign commercials until the mourning period for three fallen firefighters is over. During a speech at the Gramercy...

2 KILLED BY DRUNK DRIVER: COPS

Two city parks workers died instantly last night when a drunk driver mowed them down in the South Bronx, police said. The women, both wearing Parks Department uniforms, were killed...

FARMER: DON'T BUTCHER 'BABE'

The lovable pig who delighted millions of kids in the movie "Babe" is facing the chop. The High Court in England ordered the porker be sent to the slaughterhouse because...

2ND N.J. INSURER HITS ROAD

American International Group, the state's sixth-largest auto insurer, is pulling out of the state, claiming New Jersey regulations keep it from making a profit. In making its move, AIG joins...

MEET THE (282) 'POUND' PUPPY

Hercules is one dog who's livin' large: He weighs a whopping 282 pounds! That's nearly three times the size of Kate Moss. The three-year-old English mastiff is so massive that...

ANGELINA TO RAID MORE TOMBS

Get ready for more butt-kicking from Angelina Jolie - the sexy-but-weird star is expected to play Lara Croft once again in a sequel to "Tomb Raider." The nonstop action flick...

AL: FORGIVE ME, JESSE: APOLOGIZES FOR KING REMARKS

The Rev. Al Sharpton yesterday begged the Rev. Jesse Jackson for forgiveness and offered an "unconditional apology" for shocking comments he made about Jackson in a jailhouse interview this week....

CUOMO, GREEN TAKING A RAP OVER TIES TO FARRAKHAN PAL

ALBANY - A Jewish lawmaker is urging Mark Green and Andrew Cuomo to reject the political support of hip-hop mogul Russell Simmons because he has cozied up to controversial Nation...

GRRREAT! RUDY'S KID WOWS TIGER

Mayor Giuliani's teenage son teed off with Tiger Woods yesterday and hit an amazing drive that put the golf superstar to shame. Filling his hobbling father's golf shoes, Andrew Giuliani,...

BUBBA'S THE ONE WHO RINGS UP THE BLACK VOTE

NOT Al Sharpton. Not Jesse Jackson. It turns out America's most powerful black leader is still . . . Bill Clinton, who'll soon open his office in Harlem. So forget...

EX-AGENT SOLD FBI PAPERS TO MOB: FEDS

The middleman accused of purchasing secret documents from an FBI employee and then selling them to mobsters is a retired FBI agent named Michael Levin, who works as a private...

NINFA: LEVY NEEDS MORE MINORITIES

Board of Education president Ninfa Segarra blasted Schools Chancellor Harold Levy for not hiring enough minorities for leadership positions, after she was re-elected to her post yesterday in a split...

SCHUNDLER LEADS GOP RACE

WASHINGTON - A shocking new poll shows the Republican organization's choice to run for governor in New Jersey, ex-Rep. Bob Franks, has slid 15 points behind insurgent conservative Bret Schundler....

SCHOOL JANITOR GOT GIRL PREGNANT: COPS

A 30-year-old Manhattan junior high school janitor has been busted for allegedly having sexual relations with a 14-year-old student who then became pregnant. Angel Daza, of West 204th Street, was...

NEW YORK POST: FROM JUNE 21, 1947

"BEVERLY HILLS - Gangland bullets late last night snuffed out the life of Benjamin (Bugsie) Siegel, 41, gambler and one-time public enemy, as he sat quietly in a home here...

FEDS' PROBE OF NYPD IS FINISHED - MAYBE

The federal probe into accusations of police brutality in the NYPD is dead. Long live the probe. Brooklyn U.S. Attorney Alan Vinegrad said yesterday that the Justice Department investigation into...

RELEASED WRONG-MAN CON BUSTED IN ROB-RAPE

A man who spent 11 years behind bars after being wrongly convicted of kidnapping has been busted for raping and robbing a Brooklyn woman, police said. Cops arrested Timothy Crosby,...

RIPKEN HITS GOP PITCH OUT OF PARK

WASHINGTON - Republicans yesterday struck out in their effort to draft Orioles baseball great Cal Ripken Jr., to run for Maryland governor. "He doesn't have any interest in running for...

IT MIGHT BE END FOR LIMELIGHT, TUNNEL CLUBS

State officials yanked Peter Gatien's two liquor licenses yesterday - sounding what his lawyers called a death knell for Tunnel and Limelight, two of the city's most notorious nightclubs. All...

YANKS PULLING PLUG ON MSG: BOSS TO FORM OWN NETWORK FOR GAMES

After battling for years, sports titans George Steinbrenner and Charles Dolan have finally split - with each predicting he'll walk away the big winner. Steinbrenner is the biggest shareholder in...

RENT-HIKE DECISION A FLAT-OUT SURPRISE

In a stunning move, the city's Rent Guidelines Board voted last night to jack up rents by 4 percent and 6 percent for one- and two-year leases - just a...

LEVY PUTS PRINCIPALS ON NOTICE: ORDERS 88 AT WORST ELEMENTARY SCHOOLS INTO CLASS

Schools Chancellor Harold Levy has read the riot act to 88 principals in the city's worst elementary schools - ordering them to spend half their time in classrooms to turn...

COPS MISSED CARNEGIE SUSPECT

Cops searching in New Orleans for the fugitive triggerman in the Carnegie Deli murders narrowly missed nabbing their man when he went to pick up a wire transfer, officials said....

LYING PROF KEEPS JOB

Mount Holyoke College hasn't fired Pulitzer Prize-winning historian Joseph Ellis for lying about servingin Vietnam, but he won't be allowed to teach his signature course on Vietnam and American culture,...

PERU HITS LORI WITH 20 YEARS

New Yorker Lori Berenson was sentenced to 20 years in Peruvian prison yesterday after a three-judge panel convicted her of collaborating with Marxist rebels. Counting the five years she's already...

SPECIAL FUNERAL TRAIN SERVICE

The Long Island Rail Road is providing a special train for firefighters attending today's funerals for firefighters Harry Ford and Brian Fahey. The train will leave at 8:30 a.m. from...

7-YEAR-OLD BIDS DAD FAREWELL

John Downing's 7-year-old daughter told her tragic-hero dad "not to worry," because "God will help you" in heaven. Heartsick Joanne Downing poured out her feelings in two touching farewell letters...

THE HORROR OF POST-PARTUM DEPRESSION

The very worst cases of post-partum depression can turn mothers into paranoid wrecks haunted by outrageous delusions, experts said yesterday. The psychosis can be so severe that sufferers convince themselves,...

CITY WARNED OF VOTE CHAOS, UNLE$$ . . .

ALBANY - A governor's task force yesterday warned of Election Day mayhem this year unless the city spends millions to fix voting machines and hires more workers. The bipartisan task...

THANKS, N.Y.: DONATIONS POUR IN

From community leaders to regular Joes, New Yorkers opened their hearts and wallets yesterday to join The Post in paying tribute to the Bravest who died in the Father's Day...

COPS FEAR INTERN MAY HAVE DONE HERSELF IN

WASHINGTON - Investigators are looking into the possibility that a love-struck Chandra Levy may have done something drastic - even committed suicide - as cops plan a new interview today...

FEDS BLOW LID OFF TOILET-REBATE SCAM

Federal authorities yesterday nailed 10 people who allegedly drained more than $1.5 million from the city by ripping off a toilet-rebate program. Unsealing "Operation Super Bowl," U.S. Attorney Mary Jo...

THE LIARS OF LIVINGSTON ST. - A BILLION HERE, A BILLION THERE AND POP! GOES THE BUDGET

IMAGINE coming home from work one night, sifting through the mail and discovering that you've overdrawn the family checking account. In the amount of your annual salary - every penny...

'DREAM' HOUSES WERE NIGHTMARES

A company that tricked city homebuyers into thinking they were buying "totally renovated" houses has agreed to pay at least $1.5 million in restitution, state Attorney General Eliot Spitzer said...

KILLER DOC'S TOLL COULD GO HIGHER

Investigators yesterday began trying to determine exactly how many patients Britain's Doctor Death murdered - a grim quest that could officially brand him one of the world's deadliest serial killers....

FATAL FIRE HAS ITS SUPER HERO

A blind man was killed and his mother critically injured yesterday in a Bronx fire that could have claimed even more lives if not for the building's hero super, who...

TRANSIT WORKERS' RALLY DRAWS THOUSANDS

Thousands of transit workers marched across the Brooklyn Bridge yesterday, charging that the Metropolitan Transportation Authority is holding up their health benefits. Members of Transport Workers Union local 100 rallied...

MIKE AND RUDY FLY APART ON AIRPORTS

Republican mayoral hopeful Michael Bloomberg yesterday made a surprising break with Mayor Giuliani, saying he'd extend the Port Authority's leases to run the city airports. "I don't have a problem...

BLAME GAME IN IRAQ MISSILE DEATHS

Iraq yesterday said that a Western airstrike killed 23 people during a soccer game - but U.S. officials blamed an Iraqi anti-aircraft missile. The Iraqi News Agency said the victims,...

GATOR MAN ARRIVES TO PIN DOWN CENTRAL PK. PREDATOR

An alligator wrestler flew in from Florida last night on a mission to rescue the 2-foot critter hiding out in Central Park - but city officials warned he may be...

GRIEVING DAUGHTER BIDS DAD FAREWELL

John Downing's 7-year-old daughter told her tragic hero firefighter dad "not to worry" because "God will help you" in heaven. Heartsick Joanne Downing poured out her feelings in two touching...

L.I. 'COOKIE MONSTER' CAUGHT ON TAPE

The Cookie Monster - a quick-acting but slow-witted burglar with a hunger for cash and chocolate-chip cookies - is loose on Long Island. He left no trail of cookie crumbs...

TAX PLAN'S A REAL GAS

Farmers in New Zealand may be forced to pay a tax every time their animals break wind. The so-called "flatulence tax" is being recommended by government officials trying to reform...

A LITTLE BIRD TOLD HER HUBBY'S CHEATING

A pet mynah bird has blown the whistle on a cheating hubby - by squawking to his wife: "Divorce! Awk!" And now, the woman is seeking a divorce, claiming the...

TORRE IS STANDING BY MARTINEZ

YANKEE NOTES DETROIT - Despite Tino Martinez being mired in a very deep slump, Joe Torre continued to stick with him in the cleanup spot last night and said Martinez...

MIKE NOT READY TO MAKE UP

If that was an olive branch extended by Roger Clemens, Mike Piazza is not quite ready to accept. If it was a peace pipe Clemens offered, there is no sign...

REVITALIZED METS LEARNED FROM BEST

IF the Mets keep playing baseball the way they did last night, there will be a summer at Shea this season. And guess what, Met fans? You'll have the Yankees...

ESCOBAR BACK IN BIGS AS SHINJO GOES ON DL

A day after manager Bobby Valentine said Tsuyoshi Shinjo wouldn't need to go on the DL, that's exactly where the ailing outfielder found himself. Slowed by a strained left quadriceps,...

METS STEP TO FOUR - HRS, LEITER KEEP WIN STREAK ALIVE

Last night was different. Perhaps finally these Mets are different. Winning four straight games is a modest enough feat, but one that had eluded the Mets all year. Twice before...

BOMBERS BIT AGAIN BY TIGERS

DETROIT - The Yankees are fortunate the stinker they produced last night only counts as one loss because they played poorly enough to drop six games. Surely, the Yankees have...

LEON BREAKS BIG APPLE SCHNEID

1ST RACE - Top Brass set the pace while racing well off the rail and looked comfortably in front at the top of the stretch. But Weekend Honor, last early,...

ALI, FRAZIER DAUGHTERS FOUGHT THRILLA, SAYS RAY

While Jacqui Frazier and Laila Ali were criticized in some corners for cashing in on their father's names in their recent bout, at least two ringside observers were surprised by...

BRASH HOUSTON STILL TALKIN' LIKE A KNICK

Less than two weeks away from free agency, Allan Houston is still thinking and talking like a brash Knick. When asked if he felt the two-time champion Lakers are the...

TIGER GETS BACK TO WORK - WOODS HITS CLASSIC WITH OPEN MIND

All Tiger Woods really wanted yesterday was a good, long nap. What he craved was some quiet time away from the madness that seemingly surrounds his life 24/7. Of course,...

TIGER WANTS TO HEAL HIS WOUNDED PRIDE

Tiger Woods yesterday scoffed at a report that he had an injured Achilles tendon and was a possibility to withdraw from the Buick Classic. "The only thing injured is my...

WITH SORE BACK, ELS TAKING IT EASY

CLASSIC NOTES Though he's officially still in the tournament, Ernie Els, a two-time winner of the Buick Classic, sat out the pro-am yesterday and canceled a scheduled session with the...

SINGH HONES GAME FOR CLASSIC FINISH

Those Sunday yips didn't infect everyone. While the planets may have been utterly misaligned for some at the U.S. Open, they seem to be squarely in place to make Vijay...

COOK A STEP UP FOR KNICKS

Omar Cook walked out of Purchase College yesterday wearing a Knicks' T-shirt. But don't get too excited. The Knicks will have to pull some strings to be in position to...

THERE'S NOTHING LIKE TIGER'S CIRCUS ACT

TUESDAY, we saw video of a defending champion of a tournament that barely interested you until Tiger Woods has shown up to play it, saying it's a good thing the...

IF UGIE DEAL'S DONE, YANKS HAVE EYES FOR IZZY

DETROIT - Desperate to cut payroll, the Expos talked to the Yankees yesterday hoping to rekindle a deal they killed Tuesday night when they were hit with a severe case...

ANOTHER AMAZIN' NIGHT FOR VENTURA

The Mets have won four in a row for the first time this season, and Robin Ventura seemed to understand the significance. "I think they had a cake in the...

LEAST OF THE EAST KEEP METS IN RACE

THERE will be a summer at Shea this year because today begins the Summer of Sham in the NL East. The Phillies and Braves refuse to let the Mets die...

PAYTON CHAMPING AT BIT

MET NOTES After sitting out since May 8 with a strained right hamstring, and seeing fellow outfielder Tsuyoshi Shinjo join him on the disabled list yesterday, Jay Payton is itching...

WELCOME BACK, ALEX - METS RECALL ESCOBAR AS SHINJO GOES ON DL

Less than a day after manager Bobby Valentine said Tsuyoshi Shinjo likely wouldn't need to go on the disabled list, that's exactly where the ailing outfielder found himself last night....

IF UGIE DEAL KO'D, YANKS LIKING IZZY

DETROIT - If the Yankees are willing to substitute Brett Jodie for Brandon Knight, Ugueth Urbina may yet land in pinstripes. Even though the Yankees are livid at the Expos...

PIAZZA NOT READY TO SMOKE PEACE PIPE

If that was an olive branch extended by Roger Clemens that Mike Piazza is not quite ready to accept. If that was a peace pipe Clemens offered, there is no...