The Costly Return of JT LeRoy

MEDIA
• A court ordered Laura Albert, a.k.a. JT LeRoy, to pay a film production company $350,000 for legal fees connected to her fraud case. [NYT]
• The ABC News intern who posed nude for Playboy: Lace Rose Allenius. She works on the weekend edition of Good Morning America. [Mediabistro]
• Manhattan Media, the owner of several weekly newspapers, bought New York Press and plans to merge it with Our Town Downtown, which covers lower Manhattan. [NYT]

FINANCE
• The Harvard endowment lost almost $350 million when Sowood Capital, founded by former endowment manager Jeffrey Larson, plunged by 50 percent. [WSJ]
• A former Merrill broker will go to prison for a year and a day for conspiring to profit from information on the squawk box. [NYT]
• Is Caxton Associates going down? The fund appears to be selling assets. [DealBreaker]

FASHION
• Uniqlo's parent, Fast Retailing Co. Ltd., has made an official bid for Barneys: $913 million. [British Vogue]
• Paris officials approved an H&M store on the Champs-Elysees. [British Vogue]
• Zac Posen, Lanvin, and Phoebe Philo are all looking for investors. [Fashion Blog/Portfolio]

LAW
• Even with seizures fourteen years apart, Chief Justice John Roberts is considered epileptic. [NYT]
• Fewer than half of the respondents to an associates survey planned to stay at their firm for five years. [American Lawyer]
• There's a good chance that partners from Weil Gotshal will appear both as counsel and as witnesses in the Refco suit. [Law Blog/WSJ]