Fox News Sicced Bill O'Reilly on NBC's Punk Ass

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FINANCE
• Microsoft and Yahoo are talking again. This is like your roommate's really bad on-again, off-again relationship with that banker she met at GoldBar a few months ago. You are so sick of hearing her talk about him and you just want to say, "Forget about it! It's over!
It was never meant to be anyway!" [NYT]
• It's not a recession until the National Bureau of Economic Research says it's a recession, okay? [Business Week]
• Aw. JPMorgan CEO Jamie Dimon is writing letters of recommendation for all of the Bear Stearns employees he's had to fire. [FT]
LAW
• A lawyer for the Yahoo shareholders says that the company is trying to "whitewash embarrassing documents" because it thinks the information will damage the board's efforts to repel a challenge by activist investor Carl Icahn. [Law.com]
• Lawyers don't get paid as much as airline pilots. [Forbes]
• Law firms are shortening their names. [Law.com]
REAL ESTATE
• The West Side rail yards is going to Related Companies. How long will it be until this deal falls through and the project looks for another bidder? [NYO]
• A rich felon pays cash for a Plaza pad. [NYT]
• Even bees are obsessed with New York City real estate. [NYP]

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