FASHIONL.A.M.B. designer Zaldy Goco has parted ways with the label. Sources cite the line’s bottom line and Goco’s side projects as the reason for the split. [Fashion Week Daily]Female First via Fashionista]Fashion Wire Daily] … [Read more...] about Giuliani Asks Press to Back Off His Third Wife
LAWLegal Intelligencer]Law Blog/WSJ]Times Magazine’s “Ethicist” filtered through “Page Six”: Which female lawyer, now up for a job as a judge, had sex on the first date with a fellow attorney, then, when the guy came down with a fever, admitted she had genital herpes? Lawyerly types debate. [NYT, Law Blog/WSJ] … [Read more...] about Jeb’s Job
FINANCE exactly come true, capitalism today is a very different — and worse — business. [DealBook/NYT]BS money manager Jeff Lane and general counsel Michael Solender find work at Modern Bank, which caters to the wealthy and Washington Mutual, respectively. [WSJ]IAC/InterActiveCorp by late July or early August and will borrow $750 million to pay a dividend to its former parent. [LAT] … [Read more...] about Tom Wolfe Still Making Sweeping, Mostly True Generalizations
MEDIA • Martha Stewart’s arm was lost, but then it was found. [Gawker] • NBC, CBS, and PSB will be moderating the three presidential debates between John McCain and Barack Obama. ABC is conspicuously missing from that list. Did it get the shaft because of the poor reaction to the network’s April debate between Obama and Hillary Clinton? [Mixed Media/Portfolio] • Bob Pittman, who paid $2 million for a controlling stake in Daily Candy back in 2003, just cashed out by selling the e-letter to Comcast for about $125 million. That’s a $123 million return on his investment. [NYT] • Activist investor Carl Icahn hired a Reuters reporter to blog for him. [DealBook/NYT] FINANCE NYP]U.S. Treasury has hired Morgan Stanley for $95,000 to advise them on the futures of Freddie Mac and Fannie Mae. [NYT, DealBook/NYT]DealBook/NYT] … [Read more...] about If Martha Stewart Had Only One Arm, How Would She Garden and Decoupage?
MEDIATV critic David Bianculli, a fourteen-year veteran at the Daily News, got canned by the paper. No surprise — the Post is gloating. [NYP]Times’ coverage of the latest mine disaster. Pinch better watch his back; we hear she’s got Booker on her side. [FishbowlNY/Mediabistro]Portfolio responded via Facebook to Elizabeth Spiers’s recent critique: “Ouch.” [NYO] … [Read more...] about Warren Buffett Tries to Save Us All, Except Kate Moss, Who is Doomed