Seen This?

TMZ's Financial Page

What’s the new national obsession? Here’s a hint: The New York Times reports “The celebrity Web site TMZ and TV shows like ‘Extra’ and “Inside Edition” are expanding their coverage of starlets and Hollywood break-ups to include billion-dollar business scandals and the economic collapse.” In addition to picking over the Madoff case, the tabloid media has covered stories like a bailed-out bank in California that spent millions on parties and golf tournaments. The mainstream news, meanwhile, has assigned full-time reporters to thinks like “tracking the private jets, lavish junkets and other trappings of what the ABC correspondent Brian Ross calls ‘corporate royalty.’”