GE Wants In on the Dow Jones Action

MEDIA
• GE and Pearson, the parents of NBC and the Financial Times, are considering a rival bid for Dow Jones. [NYT]
• Quadrangle Group bought Dennis Publishing for $240 million and is courting editorial talent. [WWD]
• Demand for ad space pushes "Page Six" up to three pages. [NYT]

FINANCE
• Is publicity surrounding Stephen Schwarzman ruining it for the rest of private equity? [Reuters]
• Wall Street firms involved ridiculous IPOs during the dot-com boom can exhale: They're immune from class-action lawsuits. [Law Blog/WSJ]
• Enthusiasm for Goldman Sachs' alternative investment funds is flagging. [Financial News via DealBook/NYT]

LAW
• One firm is rumored to have already budgeted $190,000 for incoming first-years. [Above the Law]
• Paying out giant bonuses for Supreme Court clerkship is good for the legal profession. [NYT]
• Attorneys unhappy with their rankings on new lawyer-ranking Website Avvo turned to the obvious solution: litigation. [National Law Journal]

FASHION
• Kate Moss's design kick won't end. The model has created a T-shirt for the Climate Project, a charity set up by Al Gore. [British Vogue]
• Natalia Vodianova is being replaced in upcoming Calvin Klein ads because she's seven months pregnant. Model Suvi will take her place. [WWD]
• Gianfranco Ferré died from a brain hemorrhage at the age of 62. [Fashion Week Daily]