MEDIA
CBS News’ Bill Plante shouts after Rove and Bush: “If he’s so smart, how come you lost Congress?” Snap! [NYO]
• Graduates of journalism programs see a stalled job market. Thank golly we didn’t go to one. [Cox Center]
• Google and YouTube plan to call Jon Stewart and Stephen Colbert to testify for the defense in the $1 billion suit that Viacom, the owners of Comedy Central, filed against the Internet companies. [CNet via Mediabistro]
FINANCE
• Merrill Lynch, the second-largest employer in lower Manhattan, inched a step closer to moving to midtown. The proposed space is a new Vornado development across from Madison Square Garden. [NYS]
• Something tells us Dana Vachon’s division of Wall Street women into four categories — Social Commandos, Ivy Beleaguereds, Nuptualistas, and Big Swinging Chicks — won’t win him too many more personal Mergers and Acquisitions. [DealBreaker]
• Goldman alum Daniel Och’s fund has weathered the subprime storm with few side effects, and when his fund goes public, he’s set to recoup $340 million. Och is right. [DealBook/NYT]
LAW
• The city of San Diego sued New York–based Willkie Farr & Gallagher for $29 million, accusing the firm of mishandling the city’s underfunded pension plan. [National Law Journal]
• Maybe taking law firms public would make the law more professional rather than degrading it. Or maybe it would just mean a hell of a lot more money. [American Lawyer]
• A summer associate at Davis Polk wrote a somewhat charming if rather toolish farewell e-mail in the form of a legal brief to the entire firm. Case dismissed. [Above the Law]
FASHION
• British fast fashion giant Topshop uses slave labor to produce its cheap and chic clothes. We knew they weren’t properly feeding Kate Moss. [Times U.K.]
• Steve Irwin’s daughter, Bindi, is introducing a children’s clothing line called Bindi Wear International. Hey, Dakota Fanning, where you been lately? [British Vogue]
• Julia Restoin-Roitfeld is the new face of denim line Restoration of the Monarchy. Got that? [Fashion Weekly Daily]
