It seemed like a good idea at the time...media investment firm Quadrangle closes

When they were riding high -- before the recession and before the problems with the Securities and Exchange Commission, the Quadrangle Group was considered a world-beater when it came to buying and capitalizing on media properties. But, according to a story in MediaDailyNews, the company's acquisition of lad mags Maxim, Stuff and Blender from Dennis Publishing USA in August 2007 was the start of