Advertisers Still Wary of Don Imus

MEDIA
• Don Imus's radio shtick might be ranked seventh in New York, but major advertisers are leery about buying spots during his show. [Ad Age]
• NBC has settled a $105 million lawsuit filed by a woman whose brother killed himself when Dateline showed up at his house in November 2006 as part of a pedophilia sting for the show To Catch a Predator. [LAT]
• Is The Wall Street Journal in the era of Murdoch better or worse than it used to be? Readers are split in their opinion. "The paper just seems … sharper," says the co-director of Columbia University's business-journalism program, while one journalist says, "I don't think the changes that are visible are especially good." [Mixed Media/Portfolio]

FINANCE
• JPMorgan wants to go shopping. Topping its wish list are Washington Mutual and SunTrust. [NYP]
• Former New York Stock Exchange top brass Dick Grass is thisclose to keeping his $190 million: The state's highest court threw out four of the six charges in the case disputing his hefty compensation package. [NYP]
• Today in write-down news: Citibank might write down $9 billion and raise additional capital. [DealBook/NYT]

REAL ESTATE
• Loews Hotel chief and New York Giants co-owner Jonathan Tisch is buying a fourteen-room pad on 67th Street for about $40 million. The residence includes all of the usuals: fireplaces, a library, a large gallery, an elevator landing, park views… [NYP]
• Headway is being made on the High Line, the $170 million park in the sky on the West Side that is situated on an elevated rail bed. The city unveiled its final plans for developing the first half of the urban oasis, which is going to be modeled on the Promenade Plantée in Paris. [NYT]
• Oprah invades a Senior Center in Harlem and gives it a $100,000 face-lift. [Uptown Flavor]

LAW
• Lawyers David Boies and Don Flexner negotiated a $1.8 billion settlement on behalf of American Express, which is one of the biggest antitrust settlements ever. [WSJ]
• Fragomen, Del Rey, Bernsen & Loewy is under investigation by the Department of Labor for allegedly disqualifying American job applicants to make way for hiring immigrants. [Legal Blog Watch]
• The New York Sun defends Judge Kozinski and his controversial pornographic Website. [NYS]