company town

No Vindication for Jane Pratt

MEDIA
• Jane Pratt doesn’t feel vindicated that Jane was killed but does feel bad for its employees. [Radar]
• Kevin Reilly, the former chief programmer for NBC, was picked up by Fox after losing his job to Ben Silverman. [NYT]
The Nation asks its readers to chip in for “The Great Postal Crisis of 2007.” [FishbowlNY/Mediabistro]

FINANCE
• Michael Berger, the former hedge-fund chief who fled the country in 2002 after covering up $400 million in losses, was arrested in Austria. [NYP]
• Stephen Schwarzman and his wife seek solitude in St. Tropez, where it seems that no one knows who he is. [NYP]
• Of new MBA programs created in the past decade, 80 percent of them are outside of the U.S.[FT via Deal Journal/WSJ]

LAW
• Former Milberg Weiss partner David Bershad pleaded guilty to conspiracy. He will cooperate with the investigation into the firm’s alleged kickbacks to plaintiffs in securities class-action suits. [NYT]
• Peter Barta, the Legal Aid lawyer charged with using hidden cameras to tape his female colleagues, liked to tell women that he lived with his mother before asking them out. [Above the Law]
• The American Bar Association wants law schools to better prepare students to pass the bar or lose their accreditation. [National Law Journal]

FASHION
• Adding to the roster of designers showing in the U.K., Adidas by Stella McCartney is showing at London Fashion Week. [British Vogue]
• Alber Elbaz created an engagement ring for Van Cleef & Arpels. [Fashion Week Daily]
• Continuing the marketing onslaught, Simpsons characters will soon appear on a pair of Vans near you. [Highsnobiety.com]

No Vindication for Jane Pratt