The New York Observer

Manhattan Borough President Scott Stringer is widely rumored to be prepping a run for mayor in 2013, but recent reports also have him eyeing the comptroller's office. After his press conference about the Department of Education's failure to collect federal Medicaid reimbursements today, Mr. Stringer told The Politicker he's focused on running for mayor and expects to make his intentions clear quite soon. "As time goes on in the next few weeks, as we start to do more, I think it will very clear to people that we are going to be a very serious candidate for Mayor of New York," Mr. Stringer said. Read More

In 2011, Wall Street caught friending fever. It was a hell of a year for social media IPOs, as investment banks welcomed themselves into the money-hungry arms of Computer Nerds, Many Of Whom Should Have But Didn't Know Better. Of course, there were a few winners that weren't said banks, as well as a few you've never heard of. In 2012, Facebook will lead one of the largest tech IPOs pretty much ever, and the largest year of tech IPOs since 1999. What did we learn? Mostly, that for every bet, there's a sucker who's as desperate for money as most people apparently are for friends. So:

 

Who won, who lost, and who debuted on the market without anyone really knowing? Read More

Herewith, 12 prominent art world figures who passed away in 2011.

Manhattan Borough President and possible 2013 mayoral candidate Scott Stringer blasted the New York City Department of Education at a press conference today following the publication of a New York Times report documenting the DOE's failure to claim millions of dollars in federal Medicaid reimbursements for services provided to students with special needs from 2006 to 2010. Mr. Stringer called for hearings investigating the missed reimbursements, which he described as a missed opportunity to curb school budget cuts and evidence of widespread problems at the DOE.

"This calls out for state and city hearings immediately, there's no time to waste. This agency has been going down this perilous path for many years, but nobody could have imagined that, when it came for reimbursement, they would fail so miserably. I am shocked and I am outraged," Mr. Stringer said.  Read More

Here are just a few things we should do more of in 2012.

Yesterday, former House Speaker Newt Gingrich touted his man of the people bonafides by telling an Iowa television station, 'We don’t come out of a background where we can buy a seat or buy, as Mayor Bloomberg did, buy the mayorship of New York. I mean if you look at how much he spent, he just wrote a check and bought it."

At a press conference today, the mayor played dumb when he was asked whether he felt the Republican candidate was pandering to Iowa voters at his expense.  Read More

Menswear style bloggers and magazine editors may preach the latest microtrends and runway collections in their posts and pages, but when it comes to their own wardrobes, they're much pickier. When they do find something they like, they stockpile multiples of the shoes or boxer briefs with the fervor of a Glenn Beck listener hoarding gold coins, according to today's Thursday Styles. Read More

Looks like our own Megan McCarthy was right after all; that spammy-looking email that went out to New York Times users yesterday was ultimately an accidental "reply all." After first telling users that the email was spam, the Gray Lady hung her head and confessed it was just a mistake. "The New York Times mistakenly sent an e-mail on Wednesday to more than eight million people who had shared their information with the company, erroneously informing them that they had canceled home delivery of the newspaper," the Times's own Media Decoder blog reported.  Read More