company town

About.com Chief Steps Down As New ‘Times’ Investors Eye Internet Assets

FINANCE
• Scott B. Meyer, the chief of About.com, said yesterday that he would step down next week, on the heels of news that Scott Galloway and his merry band of vagilantes were going to try to pressure its parent company, the New York Times, to change the way they handle internet operations. [NYT]
• Two former Wall Streeters take responsibility for insider trading. [NYT]
• Treasury Secretary Henry Paulson makes math easy: homeowner bailouts equal Wall Street bailouts. [< a href="http://online.wsj.com/article/SB120416823532298975.html?mod=hpp_us_whats_news>WSJ]

MEDIA
• The New York Times’ editorial board almost didn’t endorse presidential hopeful Hillary Clinton. Now some Gray Lady staffers are wondering if the newspaper made the right decision. [TNR]
Rolling Stone does the masthead shuffle. [WWD]
• A New York Times reporter is accused of two lines’ worth of plagiarism. [NYP]

LAW
• Could the new one-act, Rankings: A Dramatization of the Incentives Created by Ranking Law Schools, be the next big Broadway sensation? [Legal Blog Watch]
• Outspoken Cadwalader chairman and management partner Robert Link relinquishes his role as chairman as the firm grapples with its slipping capital-markets practice (Link will still be Cadwalader’s managing partner and a member of the firm’s six-partner management committee.) [Law.com]
• How will Barack Obama’s tax plan affect BigLaw associates? [ATL]

About.com Chief Steps Down As New ‘Times’ Investors Eye Internet Assets