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Company Town

3/27/08

1:00 PM

Dog Sculptor Jeff Koons Is in the Doghouse

LAW
• Artist Jeff Koons is being sued by his ex-wife, former porn star and Italian-parliament member Ciccolina, who says that Koons hasn't paid child support for their son, Ludwig, in nine years. Bloomberg]
• Clear Channel is suing the Wall Street banks that wanted to back out of a proposed buyout deal. [Law Blog/WSJ]
• And the wrongful-death lawsuit the family of Carol Gotbaum filed against the city of Phoenix yesterday has already been rejected. [NYT]

FINANCE
• Protesters chanting "Main Street, not Wall Street" in the lobby of the Bear Stearns building yesterday only lasted one hour before the police escorted them out. [NYP]
• One bear that's doing just fine is prudent Bear manager David Tice, whose $1.2 billion mutual fund is up more than 15 percent. [WSJ]
• The U.S. treasury secretary says Wall Street should be regulated if banks want to be able to run to the Fed in times of crisis. [NYP]

MEDIA
• The Atlantic hires Jay Lauf away from Wired in hopes that he will stop the 150-year-old title from hemorrhaging money. [NYT]
• The mean girls at Vogue are under fire for a) Being maybe racist and b) making cute Rodarte designers Kate and Laura Mulleavy go on a diet. [WWD; NYT]
• It doesn't look like the Condé Nast headquarters will be moving to the West Side rail yards anytime soon. [NYO]

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Edited by Chris Rovzar and Jessica Pressler

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