company town

Rove, Regan and Rather: Crazy? Or Crazy Like Foxes?

MEDIA
• How did Judith Regan’s high-level lawyers let her bat-shit-crazy legal complaint get through? Oh that’s right, she’s Judith Regan. [Legal Pad/Fortune]
CBS finally got around to filing their motion to dismiss Dan Rather’s suit. The network claims they are “mystified” by Rather’s “bizarre allegations,” and that the lawsuit amounts to a “regrettable attempt by plaintiff Dan Rather to remain in the public eye, and to settle old scores and perceived slights, based on an array of far-fetched allegations.” [NYO]
• Karl Rove signed on to become a regular contributor to Newsweek. Maybe they should consider changing their slogan to “fair and balanced”? [Mixed Media/Portfolio]

FINANCE
• As if you had any doubts, Goldman proved that it really can do anything: Two senior execs, Gerry Cardinale and John Mallory, managed to corral A-Rod and the Yankees into making a tentative deal, valued around $300 million. But will they get credit in the financial-league tables? And is this all part of Scott Boras’s master plan? [Deal Journal/WSJ]
• John Thain may be in for more trouble than we thought at Merrill. The guy doesn’t even play golf — how can he glad-hand with a bunch of brokers? [FT]
• Wells Fargo CEO John Strumpf: “We have not seen a nationwide decline in housing like this since the Great Depression.” And his bank only took a paltry $16 million write-down. [NYP]

LAW
• Justice Thomas: “I’ve been on the Court for sixteen years — it’s kind of hard to say that. It’s like, what happened to my life? Do I even have a life?” We are not making this up. [Legal Times]
• Mid-level associates thinking about jumping ship, you better hold on to your jobs — the lateral markets has all but dried up. [Law Blog/WSJ]
• Chuck Schumer nominated two women, Kiyo Matsumoto and Cathy Seibel, to fill positions on the federal bench in Brooklyn and Manhattan. [NYT]

FASHION
• Rogan Gregory of Edun won the CFDA/Vogue Fashion Fund award for his, um, T-shirts and jeans. Over Phillip Lim. And Vena Cava. And Marchesa. Okay, we’ll stop now. [Fashionista]
• Panty raid: Agent Provocateur’s Serena Rees and Joe Corre have sold a majority stake in the company to a private-equity firm. [British Vogue]
• Trouble in paradise? Vogue and W have split sites and apparently, no longer share Style.com. [Fashionologie]

Rove, Regan and Rather: Crazy? Or Crazy Like Foxes?