company town

Gawker Media Spins Off Wonkette, Gridskipper, and Idolator

MEDIA
• Nick Denton won’t tell us how much he got for them, but he’s sold off three of his popular blogs: Wonkette, Gridskipper, and Idolator. [Gawker]
• Nina Garcia, the beloved judge on Project Runway, is out at Elle, where she was apparently not as beloved. [Cut]
• Howard Kurtz has a crush on Megyn Kelly. Hey, shove off. We got there first!! [WP]

FINANCE
• Wachovia, after announcing $350 million in losses, raises $7 billion. [Dealbook/NYT]
• Despite both parties’ being involved with a Clear Channel Communications lawsuit, an arm of Bain Capital is considering buying $20 billion in debt that Deutsche Bank is selling off. [Deal Journal/WSJ]
• There are 110 single men on Forbes’ 2008 list of the world’s richest people. The magazine finally figured out what you wanted to know about them: how old they are and what they look like. [Forbes via Gawker]

LAW
• Former U.S. attorney general Alberto Gonzalez can’t get a job. [NYT]
• The law schools at Northwestern and our very own Columbia have the best luck placing graduates at the nation’s biggest law firms. [Law Blog/WSJ]
• Kristan Peters, the former Dorsey & Whitney partner sanctioned for misconduct, has been barred from practicing in the Southern District of New York. [Law.com]

REAL ESTATE
• With Moynihan Station’s future in question, is the new West Side falling apart? [NYT]
• Curbed wonders whether the public will be saddled with $2 billion of the costs for the Atlantic Yards redevelopment. That’s half the total! [Curbed]
• Sting paid $26.5 million for his new pad in 15 Central Park West. [NYDN]

Gawker Media Spins Off Wonkette, Gridskipper, and Idolator