• Craigslist, Pepsi, sex

    Extorted Exec Mystery Solved!

    This morning the New York Post names the extorted executive as Gary Wandschneider, a divisional vice-president of Pepsi Bottling Co. According to, Gary pulled in nearly $3 million in cash compensation last year and was awarded stock options worth about another $3 million. Well, that’s somewhat less exciting than the idea that it was […]

    / Nov 28, 2006 at 9:27 AM
  • CEO, Craigslist, legal

    Our ‘Name That Extorted Executive’ Investigation Continues

    We’re getting closer and closer to identifying the Fortune 500 executive hit by a Craiglist extortist. In addition to the details we noted earlier, the complaint notes that the company is based in the Southern District of New York. Now, there are around 92 Fortune 500 companies located in New York State. But the Southern […]

    / Nov 28, 2006 at 9:19 AM
  • CEO, Craigslist, legal

    CraigsList Vixen-Villain Victimizes “Fortune 500 CEO”

    Meet Jessica Wolcott. Or, rather, you should probably hope you haven’t actually met Jessica. You see, she’s the 22-year-old who pleaded guilty last week to extorting $125,000 from a man identified in a U.S. District Court complaint as the chief executive of a Fortune 500 Company. Smoking Gun has the story. The CEO of a […]

    / Nov 27, 2006 at 4:17 PM
  • Craigslist

    Craigslist Starts Charging Brokers $10

    Today Craigslist began charging apartment brokers in New York $10 for rental listings, in a move the managers of the popular online classified advertising site hope will cut down on frequent and repetitive postings by brokers. Frequent reposting of offerings by brokers was making the site harder to use, the company said in a statement […]

    / Jun 15, 2006 at 4:35 PM
  • China, Craigslist, GM, Lucent, Opening Bell, Wal-Mart

    Opening Bell: 4.3.06

    Alcatel Jumps on Plan to Buy Lucent in $13.4 Bln Swap (Bloomberg) It’s official; they’re merging. 8,800 jobs will be cut, Lucent’s Patricia Russo will be the first female CEO of a large French company, and nothing says bubble like Alcatel, the acquirer, jumping 8.8% on the news. The merger will be judged, obviously, on […]

    / Apr 3, 2006 at 8:25 AM

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