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May 5, 2002

JUNK BONDS ARE SMELLING SWEET AGAIN

High yield is making a comeback, with billions of dollars pouring into existing and newly issued junk bonds. And if you can get past the name, high yield can be...

BULL'S EYE

ABERCROMBIE WORN OUT BY T-SHIRTS It's amazing that little, old T-shirts garner so much attention at Abercrombie & Fitch. First, the company took some heat for its meant-to-be-funny "Wong Brothers...

JURY SELECTION IN ANDERSEN CASE TO BEGIN

Embattled Arthur Andersen is to go limply into a Houston courthouse Monday, a shadow of what the storied 89-year-old accountancy was before the fall of Enron and criminal charges crippled...

REDESIGNING J. CREW : TPG'S BONDERMAN ATTEMPTS TURNAROUND

David Bonderman, the contrarian behind Texas Pacific Group, is known for his quirky sense of style. When asked once why he wears brightly colored argyle socks, the media-shy financier replied...

PIONEER EQUITY LIKES DIVIDEND-PAYING STOCKS

DIVIDEND-paying stocks are coming back into vogue as investors look for ways to guarantee a positive return, even if stock prices don't move up. "There's a great case to be...

A GUIDE FOR SHORT SELLERS : INVESTORS NEED TO ASK THE RIGHT QUESTIONS

Enron was a colossal time bomb waiting to explode. But who heard it ticking? Savvy short sellers - who bet on a stock's downturn - notably predicted Enron's downfall and...

MURPHY'S GIFT: FAMILY PHOTOS

Last June, John Murphy got an opportunity of a lifetime when he was promoted to CEO of OppenheimerFunds - a company where he's worked since 1997. He thought his primary...

HE COULD HAVE DONE PLAYS LIKE THE DICKENS

Sometimes I think that inside every novelist there is a playwright fighting to get out. That thought returned to me while watching Simon Callow in Peter Ackroyd's new one-man play,...

SEINFELD & MR. T - THAT'S AN A-TEAM FOR NBC'S BASH

"NBC's 75thAnniversary"Tonight at 8-11 THE incurable optimist in me naively expects tonight's three-hour 75th anniversary celebration on NBC to be a fast-paced, fun-filled, sprightly romp through three-quarters of a century...

SILENT 'HAMLET' NO GREAT DANE

Though my grasp of Elizabethan drama isn't quite what it was in my boyhood - when father took me to the Connecticut Shakespeare Theater each week, hoping that I'd run...

LOVE LIFE DOGGED BY THE EX FACTOR

Ex-boyfriends are a tricky bunch. There are the ones you never want to see again, those for whom you still hold a candle, and those who become great friends. I...

STYLE & SUBSTANCE: DAMON DASH

Being the CEO of Roc-A-Fella Records and the hip-hop-inspired Rocawear clothing line is a stressful gig for Damon Dash - but he doesn't sweat it. It's all about "delegation of...

MOVIES ARE HIS BIZ

Isabella Rossellini gets to the point with Kyle MacLachlan in David Lynch's "Blue Velvet." The 82-year-old legendary entrepreneur Dino De Laurentiis, who has had a hand in the production, distribution...

A PAIR OF PORTUGUESE FOR A PALATE TO BE PLEASED

Time it right and some of the finest Portuguese cuisine in town can be yours at bargain prices. Here are two suggestions for getting the most out of your meals:...

BREEDS APART : ARTISTS CAPTURE THE SOULS OF SHELTER ANIMALS

Historically, dog portraits have depicted the pampered companions of royalty and the well-to-do, but contemporary artists are developing a more complex species of portraits that takes into account the fact...

FEST FORWARD: DE NIRO'S TRIBECA FEST COULD TURN CITY INTO MAJOR PLAYER

It didn't take a village to create New York's largest film festival from scratch in record time -just Robert De Niro, a lot of his Hollywood pals and a groundswell...

BUSH'S DOG GAGS GET HOWLS FROM SCRIBES

WASHINGTON - President Bush paid a joking tribute to shock-rocker Ozzy Osbourne - and the two Bush dogs - in front of a crowd studded with celebs at the White...

SPIDER-MAN'S MERCY MISSION

He draws Spider-Man for a living - but this week, comic-book artist John Romita Jr. will be drawing the superhero for a life. Romita will swing into Times Square on...

ISLAND 'RESORT' IS PURE FANTASY

It's all Fantasy Island. The president of Honduras is vehemently denying his nation's tiny, pristine Swan Islands are for sale after a bizarre string of Internet-fueled rumors about a planned...

JUST CALL HIM BOOB TUBE BUBBA

JOURNALISTS and pundits were all over the tube at the end of the week declaring that Big Billy Clinton would lose all credibility if he got a TV gig. (Didn't...

GUILTY VERDICT DOES LITTLE TO EASE MATRIARCH'S ANGUISH

Maria Peña says nothing can dull the pain of losing two daughters and two grandkids at the hands of Joseph Gray - not even Friday's conviction of the disgraced ex-cop....

RENÉE HOT TO TROT FOR CHARITY RUN

A rail-thin Renée Zellweger put on her sweats and running shoes yesterday for the Revlon Run/Walk for Women - helping raise thousands of dollars for women's cancer research. The 33-year-old...

ALLIES STEP UP HUNT FOR AFGHAN FOES

Waves of British, U.S. and Canadian troops fanned out across parts of Afghanistan yesterday, as coalition forces beefed up their hunt for remaining Taliban and al Qaeda fighters. In the...

TEEN SLAIN IN FAST-FOOD SHOP

A Brooklyn youth was killed by a gunman who ambushed him inside a Flatbush chicken eatery and shot him repeatedly before running off, police said. Castel Hamilton, 18, was shot...

PALS RALLY 'ROUND BEATEN STUDENT

Friends of a 14-year-old junior high school honor student who is recuperating from a savage gang attack in Morningside Heights said yesterday that he did nothing to deserve such treatment....

HOT NEW FLICK $PINS GOLD WEB

New Yorkers continued to fall into Spider-Man's web yesterday - braving long lines just to catch a glimpse of the teenage superhero. "The movie was fantastic," gushed Kevin Saks, 12,...

BLAKE TURNED DOWN TV ROLE OF DAPPER DON

LOS ANGELES - Robert Blake once passed on playing America's most famous mob boss. Now he's living out an true-to-life tale of murder and hit men. Blake, best known for...

SICKOS' TRIVIAL PURSUIT: ONLINE BOMB GAME

WASHINGTON - A sick new computer game featuring a homicide bomber killing as many women and kids as possible, has already drawn more than 200,000 players. The Internet game called...

BREATHE EASY: HOW THE BLUE WALL SHIELDED DWI COP FROM DRUNK TEST

Convicted crash cop Joseph Gray was so confident he could pass a sobriety test immediately after he mowed down and killed four people that he demanded to take a Breathalyzer...

HOLY RIP-OFF! THIEF HOLDS UP COMIC STORE

An Upper East Side comic-book store could have used the help of some of some action heroes yesterday when a stickup man stole $20,000 worth of comics, cops said. The...

PIPE-BOMB PERIL SPREADS: ; POST OFFICE WARNS OF MORE MAYHEM

Five pipe bombs were found in rural Nebraska mailboxes yesterday, a day after similar bombs injured six people in Iowa and Illinois, The five devices were accompanied by anti-government letters,...

WEIRD BUT TRUE

An influx of American sailors, stressed out from their stint in the war on terror, forced an Australian brothel to shut its doors after droves of servicemen exhausted prostitutes with...

SNIPER NAILS TERROR SUSPECT : VICTIM HIDING AT BESIEGED CHURCH

An Israeli sniper picked off a wanted Palestinian militant as he moved between buildings in Bethlehem's besieged Church of the Nativity compound yesterday - with still no end to the...

OPEN SEASON ON STOOLIES : MAFIA MULLS RETURN TO BLOODY 'SICILIAN RULE'

The feds fear angry, frustrated mobsters are considering a return to "Sicilian Rule" in the city by threatening to kill stool pigeons or their relatives to let it be known...

VICTORIA GOTTI

I READ with interest last week the survey of New York City public schoolkids revealing that tens of thousands of children are still showing symptoms of Post Traumatic Stress Disorder...

MOB TURNCOAT HIDING HERE IN PLAIN SIGHT

One of the most famous mob turncoats has walked the city's streets in recent days without any disguise or additional security. Yet the only shots Henry Hill took were from...

NEW HOSP OUTRAGE FOR WIDOW OF LIVER DONOR

The wife of tragic liver donor Michael Hurewitz has suffered another emotional blow after discovering he was buried without his organs. Hurewitz, who died unexpectedly three days after donating part...

EVIL BROUGHT TO BOOK

IT is the most basic case of murder in the first degree - spine-tingling, chilling and outright disgusting. It tells so much, but asks the question, do people really exist...

THREE-WAY MIRROR OF BEAUTY

Charlotte Casiraghi is doing a fabulous job of upholding her family's tradition of beauty. The 15-year-old daughter of Princess Caroline of Monaco and granddaughter of Grace Kelly is already a...

NHL BADLY IN NEED OF PIZZAZZ

GOALTENDING numbers in the NHL now have about as much meaning in historical context as baseball home-run statistics, which is to say, Brady Anderson, please meet Patrick Lalime. Please. Please...

POWER'S WILLIAMS LOOKS LIKE A KEEPER

The opportunity to pack it in was ever present, but Power goalkeeper Nicole Willams refused to quit and her resilience will be rewarded tonight as she makes her first WUSA...

TOTAL ACCESS LEADS TO TOTAL FRUSTRATION

THE affliction is called acute accessitis. It's an air-borne disease, and this is how it gets started, then spreads: Sports leagues, desperate to improve or sustain TV ratings, grant their...

SAGAMORE: A DONALD ROSS TREAT

Donald Ross, the Scottish-born patron saint of American golf architecture, designed over 300 courses in the U.S., but only a handful of his best ones are open to the public....

NETS READY TO BANG WITH THE BIG BEES

The Hornets bring size, strength, athleticism and a determination to control the boards. They do it with their starters, they do it with their bench where they have guys who...

A PLAYOFF CLASH FOR THE AGES

IT was Masterpiece Theater minus Alistair Cooke or Darwin Cook; round and leather bound, David Stern style. Played before the privileged few (20,049) that crammed Meadowlands Arena and created the...

HAWAIIAN PUNK : CAN'T TAKE ANY MORE OF VILE, VULGAR TYSON

"I NORMALLY don't do interviews with women unless I fornicate with them," Mike Tyson said. "So you shouldn't talk anymore." To her credit, Josie Karp from CNN tried to ask...

BURNITZ TAKES A SEAT

HOUSTON - Bobby Valentine and Jeromy Burnitz have a running joke about playing time. Burnitz wants to start every game, but the Met manager believes that wouldn't be prudent. Burnitz...

THE MASTER MEETS PUPIL : JASON'S TALKS WITH BARON MAY HAUNT HIM IN SERIES

At All-Star Weekend, Charlotte coach Paul Silas approached a friend, Jason Kidd, a guy he'd been with in Phoenix as an assistant coach. Silas had a request. He wanted Kidd...

VG: SERIES POINTS AWAY FROM STARS

Jeff Van Gundy sees the superstar point guard matchup between Baron Davis vs. Jason Kidd as a wash. So Van Gundy believes three complementary players - specifically P.J. Brown of...

ON TO BELMONT WEDNESDAY

Since today is the final day of the Aqueduct meet, there will be no bridge simulcasting at Aqueduct after live racing is completed. The Pick Six pool will be distributed...

NETS PLAYED LEARNING GAME VS. PACERS

FORMER Net P.J. Brown was getting ready to board a flight from Charlotte to New Jersey yesterday afternoon when he was asked to ponder the remarkable change in the franchise...

FIRST-ROUND KNOCKOUT

HOUSTON - By the time he threw his first five pitches, Jeff D'Amico already was being fitted for an L. By then, the Mets were in a 2-0 hole on...

BULLPEN ARMOR SHOWING RUST

WHETHER it was Mariano Rivera handing to John Wetteland or Jeff Nelson and Mike Stanton setting up Rivera, the Yankees during the Joe Torre Era have based a good deal...

NELLIE GETS LAST LAUGH AFTER BOOS

The cascade of boos began when Jeff Nelson left the bullpen and made his way to the mound at Yankee Stadium. With each step, Nelson felt a little more at...

FAST DECISION WINS WITHERS

Fast Decision ran down pacesetting Shah Jehan in the stretch to win the Grade 3, $150,000 Withers Stakes by three-quarters of a length at Aqueduct yesterday. It was another 4½...

JAMAL'S CONDITION WORSENS

Jamal Mashburn took a turn for the worse yesterday and now looks highly doubtful for Game 2, too. The Hornets won't have Jamal or Jamaal today in Game 1 but...

TAKE THE TRAINER : BAFFERT, LUKAS BEST WHEN IT COUNTS MOST

LOUISVILLE - Everyone knows the Kentucky Derby is America's greatest horse race, but they may not even be half-right. The real story of the Kentucky Derby is that it is...

NICK'S KNEE SORE

Nick Johnson is scheduled to have an MRI on his sore right knee before today's game. "He's had it for a couple of days, and I didn't know anything about...

LOSING JOCKEYS SPEAK UP

LOUISVILLE - Here is how some of the losing jockeys saw the race:Mike Smith (Proud Citizen, 2nd): "He ran a tremendous race. I told Wayne Lukas the only difference between...

WAR OF THE ROSES : ' EMBLEM' GIVES BAFFERT THIRD DERBY

LOUISVILLE - Avenging the loss last year of his favorite, Point Given, and shoving a plug in the mouths of his many critics, trainer Bob Baffert pulled off a shocker...

DQ LIFTS D'WILDCAT

LOUISVILLE - There was plenty of action before the Derby yesterday as five stakes races were run on the undercard. In the Grade 2, $150,000 Churchill Downs Handicap, the 5-2...

METROS BURN UP AT HOME

Burn2 MetroStars1 Some might look at the scoring summary from the MetroStars' 2-1 loss to Dallas in front of 15,551 at Giants Stadium and assume their woes are just because...

AFTER ALL THE HOOPLA, BAFFERT SCRATCHES 'DAN'

LOUISVILLE - Just 24 hours after trainer Jim "007" Bond scratched Wood Memorial winner Buddha from the Kentucky Derby because of a sore left front leg, trainer Bob Baffert pulled...

THE PITCH IS BACK: GAME'S HURLERS ARE FINALLY PUTTING STOP TO 'O' EXPLOSION

ABSTRACT: Sure it is never going to be 1968 again,but there is a mound of evidence to indicate a pitching rebirth. Winning the arms race Major league statistics for this...

THE INSIDERS: THE POST TAKES YOU BEHIND THE LOCKER-ROOM DOORS

WEIRD AL: THE VOICE OF MNF CAN BE A REAL PRIME-TIME PRIMA DONNA - Al Michaels, TV Pro METS ARE CRUZ-IN' - Kenny Lofton, Jay Payton, Jose Cruz Jr. SEEING...

WHOLE NEW BALLGAME: VALENTIN GETTING IT DONE IN RESERVE/FILL-IN ROLE

HOUSTON - John Valentin is still fighting the battle of adrenaline. For the first time in his career, really, Valentin understands what it's like to come off the bench sporadically...