Wait, Are We Supposed to Feel Sorry for Lloyd Blankfein?

FINANCE
• Is Goldman Sachs chief Lloyd Blankfein the most underpaid executive on Wall Street? [Forbes]
K.K.R. is trying to improve the greenness of its businesses. (Don’t think dollars, think ecofriendliness). [DealBook/NYT]
• Bear Stearns employees have started getting pink slips. [NYT]

MEDIA
• Martha Stewart takes her daytime show out of the running for an Emmy. [NYP]
• Randi Rhodes, who left Air America last month after remarks she made about Hillary Clinton showed up on YouTube, is rejoining the liberal radio station.*** [NYT]
• It’s Ellie time! The National Magazine Awards will be dolled out tonight. [ASME]

LAW
• This is why John Malone has his lawyer on speed dial: Barry Diller is forging ahead with splitting up IAC/InterActiveCorp into five separate businesses. [NYP]
• Should lawyers be blogging about their cases? You, too, should be careful where you comment online. [WSJ/Law.com]
AG Andrew Cuomo is staying out of the battle over state-judges’ pay. [NYS]

REAL ESTATE
• The UES’s Carnegie Hill hasn’t always been super swanky: “In seventies and eighties, it was hinterland. The economy wasn’t so strong, and it wasn’t as safe. People didn’t want to live above 86th; those who did were true pioneers.” [amNY]
• Robert De Niro is opening up a Nobu Hotel in the financial district. “Instead of a mint on the pillow, you could find a sushi roll,” joked one of his partners. [NYP]
• It’s time to get your rackets re-strung: New York City gets its first new tennis club in twenty years. [NYS]

***Update: Randi Rhodes will actually not be rejoining Air America. She’ll be on an XM network that also carries AA, but she’s not back with the company.

Wait, Are We Supposed to Feel Sorry for Lloyd Blankfein?