STANDARD & POOR’S: New York, Oct. 2 (LCD) – Philadelphia Media Holdings earlier this week missed a Sept. 30 deadline to make interest and principal payments due on its senior loans, sources said. The company had been operating under a loan forbearance agreement that ran through Sept. 10. That forbearance was not extended.The newspaper concern has not been able to access its revolving credit due to a covenant breach. The RC was reduced to $35 million as part of the waiver agreement. Philadelphia Media in early June did not make an interest payment on a mezzanine loan after senior lenders […]
BYKO: Who Let The Dawgs Out?
BYKO: Curious: Who took the revealing vacation pictures obtained by Cole and lovingly posted on the station’s Web site? All 14 pictures show [City Councilman Wilson Goode Jr. and legislative aide Latrice Bryant], in casual clothes — down to a skimpy sundress and a bikini for her — during an August 2005 trip to Jamaica. Did they work on legislative affairs day and night? Or just affairs? Several City Council observers were stunned by the pictures. “It’s the first time I’ve ever seen him smiling,” said one. And, boy, was he smiling. Hell, even I’m smiling. In six shots, Bryant […]
KILLADELPHIA: One More Dead Since U Went 2 Bed
INQUIRER: Police this morning identified a 53-year-old man who was shot to death in Brewerytown last night. Steven Tucker, of the 2300 block of Seybert Street in North Philadelphia, was found shortly before 8:30 p.m. in the driver’s seat of a 1994 gold Mercury Grand Marquis suffering gunshot wounds to his chest. He was taken to Hahnemann University Hospital and was pronounced dead at 8:53 p.m. No arrests were reported. MORE
GAYDAR: Let’s Get Baked!
BY AARON STELLA GAYDAR EDITOR It happened on the fairest of Thursdays that I had the pleasure of lunching with two of Brooklyn’s hottest new specialty bakery owners, Matt Lewis and Renato Poliafito. Lately, A-list celebrities have been helping to disseminate news of their revamped line of sugary, and not so sugary treats. Lewis and Poliafito’s Sweet and Salty Cake was recently featured on Martha Stewart; their brownies were featured on the Today show and selected as one of Oprah’s favorite things. And now, for the first time, the duo share some of their treasured secrets in BAKED: […]
BRUCE SPRINGSTEEN: This Land Is Your Land
Let’s take it back. Click HERE to register to vote. Monday is the deadline to register in Pennsylvania. UPDATE: The Obama campaign registered some 21,000 new voters on Saturday. Democrats now hold a million-plus new voter advantage over Republicans in Pennsylvania. ROLLING STONE: On Saturday, Bruce Springsteen kicked off three days of Vote For Change concerts on behalf of Barack Obama with a powerful acoustic set that drew estimated 50,000 to the Ben Franklin Parkway in Philadelphia. Cutting a distinctly Woody Guthriesque profile in rolled up flannel, denim and a halo of tousled hair, The Boss stood atop a 30-foot […]
THE AUDACITY OF DOPE: People Who Live In Glass Igloos Should Not Throw Snowballs With Rocks Inside
[Illustration by ALEX FINE] DAILY SHOCKER: The first shots of McCain’s new strategy were fired today by none other than his “top surrogate” Sarah Palin, in accusing Obama of “palling around with a terrorist,” Bill Ayers. Ayers is not new to the scene, and Palin was referencing an article in today’s NY Times discussing Obama’s relationship, or lack thereof, to the man. MORE NEW YORK TIMES: At a tumultuous meeting of anti-Vietnam War militants at the Chicago Coliseum in 1969, Bill Ayers helped found the radical Weathermen, launching a campaign of bombings that would target the Pentagon and United States […]
EARLY WORD: Laugh Clown, Laugh
[Click flyer to activate Internets]
THE BOSS: We Hold These Truths To Be Self-Evident
“Hello Philly, I am glad to be here today for this voter registration drive and for Barack Obama, the next President of the United States. “I’ve spent 35 years writing about America, its people, and the meaning of the American Promise. The Promise that was handed down to us, right here in this city from our founding fathers, with one instruction: Do your best to make these things real. Opportunity, equality, social and economic justice, a fair shake for all of our citizens, the American idea, as a positive influence, around the world for a more just and peaceful existence. […]
GUILTY: O.J. Simpson Convicted Of Armed Robbery
NEW YORK TIMES: LAS VEGAS — O. J. Simpson was found guilty late Friday on all 12 counts stemming from a confrontation in a hotel room last year, including armed robbery and kidnapping. The verdict, which comes 13 years to the day after Mr. Simpson was acquitted in the highly publicized murders of his ex-wife and her friend, concluded a four-week trial that many have seen as a proxy for those unsatisfied by that 1995 outcome. Mr. Simpson now faces 15 years to life for the kidnapping charge as well as a minimum of at least an additional 10 years […]
PALIN: Doesn’t Debating Make You Go Blind?
In that case, let’s just do it until I need glasses! Bada-bum!
EARLY WORD: Born In The USA
[Illustration by ALEX FINE] EDITOR’S NOTE: Steal this poster! Grab it, blog it, put in on your MySpace, Facebook it, email your friends, print it out and hang it up. If anyone wants to print this out poster-sized hit us back at feed@phawker.com and we will send you the hi-res version. RELATED: We Hold These Truths To Be Self-Evident RELATED: This Land Is Your Land MCCAIN CONCEDES MICHIGAN: John McCain is pulling out of Michigan, according to two Republicans, a stunning move a month away from Election Day that indicates the difficulty Republicans are having in finding blue states to […]
RUMBLINGS: Is McCain About To Pull Out Of PA?
HUFFPO: Democrats cheered on Wednesday when news broke that John McCain’s campaign was abandoning Michigan, pulling down its ads and sending staffers to other states. Almost immediately, an organization called Progress Michigan let loose with a taunt, demanding that McCain keep pouring resources into the state in order to explain to voters his “support for outsourcing” and the “failed economic policies” of the Bush administration. Many speculated that McCain would now turn his focus to Pennsylvania. But United Steelworkers International president Leo Gerard tells the Huffington Post that the state could soon go the way of Michigan. “We’re seeing — […]
SICKO: Sarah Palin’s Ronald Reagan Quote Is From The Gipper’s Days As An Anti-Medicare Propagandist
PAUL KRUGMAN: Unbelievable. Sarah Palin finished her closing remarks by quoting Ronald Reagan: It was Ronald Reagan who said that freedom is always just one generation away from extinction. We don’t pass it to our children in the bloodstream; we have to fight for it and protect it, and then hand it to them so that they shall do the same, or we’re going to find ourselves spending our sunset years telling our children and our children’s children about a time in America, back in the day, when men and women were free. When did he say this? It was […]