Fake-Lawyer Jokes Better Than Real-Lawyer Jokes

The big news today in the city's big businesses.

LAW
• Paralegal who claimed to be a lawyer (and was treated as such by Anderson Kill & Olick for two whole years) to be arraigned on Wednesday. [NYT]
• Aaron Charney, the gay associate suing his former firm for discrimination, hasn't gotten the support he expected from New York's Lesbian and Gay Law Association. [Above the Law]
• Alan Dershowitz gives his two cents on the Pentagon detainee debacle to the Times' opinion page. While sharing the editors' outrage, he smells just the faintest whiff of McCarthyism. [NYT via Law Blog/WSJ]

FINANCE
• Citigroup CFO Sallie Krawcheck is leaving her position but not the company, as was expected. Instead, she'll run the firm's global-wealth-management unit. [DealBook]
• The Super Bowl Stock Indicator says that the Dow goes up when an old NFL team wins. [DealBreaker]
• HSBC, Credit Suisse, Deutsche Bank, and Dresdner Kleinwort were all subpoenaed by the Justice Department for their role in underwriting online gambling sites. [NYT]

MEDIA
• HD technology reveals too much (think razor burns) when it comes to porn. Not everything should be so crystal clear. [NYT]
• The French family of Westchester County are in line to buy Air America. News Corp. properties ready their Francophobic puns. [WSJ]
• Bauer Publishing will launch Cocktail Weekly, a magazine for twentysomething women. Not a trade publication. Our mistake. [WWD]

FASHION
• Gisele Bundchen speaks out about the anorexia problem in modeling. She blames — who else? — the parents. [LondonNet]
• Hedi Slimane's here to stay, maybe. The Dior Homme designer is thisclose to finally signing his contract — and launching his own line. [WWD]
• Brazilian designer Daniella Helayel has moved her fall '07 show to NYC, with an Amy Sacco–hosted after-party at Bungalow 8. [British Vogue]