FINANCE
• Diana Taylor — the mayor's First Girlfriend — leaves post as state superintendent of banks for boutique investment firm Wolfensohn & Co. [NYP]
• Harold Ford Jr. loses Senate race in Tennessee, wins position at Merrill Lynch. [CNNMoney]
• Former Citigroup CEO Sandy Weill wants hedge funds to open up their books. [Spiegel via DealBreaker]

LAW
• Sullivan & Cromwell files a motion to dismiss the discrimination suit brought against the firm by former associate Aaron Charney. [NYO]
• Supreme Court Justice Anthony Kennedy wants more money for federal judges but passes on cameras in the court. [Legal Times]
• Not just Hallmark anymore: Valentine's Day means windfall for divorce lawyers. [LegalBlogWatch]

MEDIA:
• Snubbed for national column, Charlie LeDuff quits Times to promote book, enjoy family, spend less time with white people. (Third item.) [Journal-isms via Gawker]
• Is Viacom leaving 1515 Broadway? TV Land, Comedy Central, and Spike TV will likely head downtown to 345 Hudson Street. [NYP]
• Did fired Star editor Joe Dolce take the hit to pay former boss Bonnie Fuller's $2 million contract? [Radar]

FASHION
• Iqons.com is the "MySpace of fashion," say founders. [Flypaper]
• IMG buys Art + Commerce; complete takeover of fashion industry will happen eventually. [Fashion Week Daily]
• The Barneys Warehouse Sale starts today. If you go, be careful. [Fashionista]