The Nikki Finke-GM Bailout Connection!
'If Nikki Finke is worth $14 M, then I'm worth ... ': Even The Wrap 's Sharon Waxman seems almost happy that DeadlineHollywoodDaily.com blogger Nikki Finke has had a big payday. Green shoots! It's lucky Finke is not a cantankerous person. ... Actually, their interview is fabulously tense and confrontational . .. .
P.S. Gawker 's Gabriel Snyder is skeptical of the $14 million figure reported by Waxman's site . ...
P.P.S.: I'm more interested in the indirect Rattner/Penske connection revealed in an earlier Gawker post on Finke's deal . It seems Obama auto czarito Steve Rattner's firm put money into a firm run by Finke's new owner, Jay Penske, the son of Detroit auto entrepreneur Roger Penske:
[Jay] Penske's Mail.com Media Corporation took a $35 million investment from Steve Rattner's Quadrangle Group in September; but we hear he's been having trouble finding properties to buy.
Hmm. A few months later Rattner helped restructure/dismantle General Motors, and Jay's father Roger wound up buying its Saturn brand . All innocent I'm sure! And Roger Penske has a record of business success that GM (and Rattner) can only envy. ... 11:23 P.M.
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The Truth About Cars on why that J.D. Power and Associates "Initial Quality" survey is not worth paying that much attention to. ... 11:45 P.M.
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